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Riskwire
Today's Feature
Law Journal Newsletters (4/2019)
In an environment of moving targets, it seems unimaginable that insurance against cybersecurity attacks can be robust enough to provide real protection. There are many types of risks involved, and some include physical damage to property.
Naylor Association Solutions
Industry News
Risk & Insurance Magazine (4/26/2019)
The directors and officers (D&O) liability insurance market was not left unharmed after 2018's cyber breaches and the ongoing fallout from the #MeToo movement. Board members are being held accountable for company-wide failings to curb misconduct and report incidents in a timely manner.
Property Casualty 360 (4/26/2019)
Before Boeing 737s started falling from the sky, it was hard for travelers to avoid feeling at least a twinge of nostalgia for the airplane. Investigations into the exact causality of these deadly events are ongoing, but much of the discussion revolves around a type of software that automatically signals the plane to lower its nose prior to a stall.
Canadian Underwriter (4/24/2019)
As businesses increasingly move to the cloud to provide services, their cyber risk is also being greatly heightened, a cyber security professional told Canadian Underwriter recently. Many companies are outsourcing sensitive activities such as human resources or payroll to cloud providers.
Insurance Business Magazine (4/22/2019)
Phishing emails today look a lot different than they did a few years ago. The family of a prince in a faraway land might not be asking you for a large chunk of change if you help them transfer money out of the country as often anymore, but that doesn't mean the cyber threat is gone for good.
Naylor Association Solutions
Risk Management Monitor (4/22/2019)
Earlier this month, a Chinese woman was arrested after attempting to enter President Donald Trump's Mar-a-Lago resort while in possession of a number of suspicious electronic devices, including a USB flash drive. Apparently, the drive contained code that allows malicious software to run immediately after being plugged in, though it is still unclear what kind of malware it was.
Risk & Insurance Magazine (4/24/2019)
Health care risks run the gamut, from "typical" concerns like cyber and workplace safety to niche risks like pandemic readiness and the opioid epidemic. So how are health care facilities approaching these risks? Insurance is one obvious answer.
Canadian Underwriter (4/25/2019)
Insurance risk categories in the future will become so small they will become very difficult to price properly, a speaker predicted earlier this month at the CIP Society Symposium in Toronto. The number of distinct risk transfer categories appears to be trending upwards exponentially, said Alex Daskalov, co-founder of Montreal-based KNØX, a company creating an Internet-native financial infrastructure.
Data Center Dynamics (4/26/2019)
In mid-March, the one-time social media giant MySpace announced that it had lost 12 years' worth of data due to a server migration problem, including millions of music tracks. From a data management perspective, the MySpace debacle illustrates how a lack of proper data governance can cause potentially business-ending consequences -- and points to the need for better workload protection.
Rims Resources
  
Watch free livestreaming sessions from our RIMS 2019 Annual Conference & Exhibition from your computer or mobile device. We are currently livestreaming our Cyber & Technology Risk sessions. Learn more about each session and register. You will need to join the livestream 30 minutes before the time of the session(s) you want to attend.


  
Stephen S. Wu of the Silicon Valley Law Group joins our podcast. He is a shareholder at the firm, as well as the 2010-11 Chair of the American Bar Association’s section of Science, Technology, and Law. Also, in 2007, he co-founded ABA’s section committee on Artificial Intelligence and Robotics. Currently, they are tackling AI and autonomous vehicles. Stephen explains why AI is relevant to the insurance and risk management industries, some of the biggest product liability risks to manufacturers when discussing autonomous vehicles, risks associated with a "techlash" to the use of information technologies supporting AI, and what he sees in terms of auto insurance by the time autonomous vehicles are the norm.