The Hill (5/14/2019)
The House on Tuesday passed a bill to extend the National Flood Insurance Program (NFIP) through Sept. 30, the end of the fiscal year. The bill, passed by voice vote in the lower chamber, advanced as the program was set to expire at the end of the month.

Insurance Journal (5/22/2019)
The long-term viability of the U.S. property terrorism insurance market is back in the spotlight as Congress looks at renewing the federal reinsurance backstop, the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which is set to expire in Dec. 31, 2020.

Canadian Underwriter (5/21/2019)
If your client offers loyalty and rewards programs, they may want to keep a closer eye on securing these "non-traditional risk points" from cyber criminals. Earlier this year, several McDonald's customers in Canada complained that criminals had breached their accounts on the restaurant chain's loyalty app and placed unauthorized orders, some totaling more than $1,000, according to media reports.

Property Casualty 360 (5/22/2019)
Corporate executives are increasingly targeted by cybercriminals because of their access to data and ability to engage in social engineering, according to the 2019 Verizon Data Breach Report published last week.

Risk & Insurance Magazine (5/22/2019)
Artificial intelligence has become a key weapon in responding to extreme weather events like hurricanes, flooding, drought and wildfires. The New York Times took a deep dive into the various risk management and damage assessment uses of the technology.

Risk Management Monitor (5/20/2019)
Microsoft recently announced a major vulnerability to Windows XP, Windows 7 and several older Windows server versions. According to Simon Pope, the company's director of incident response, "[A]ny future malware that exploits this vulnerability could propagate from vulnerable computer to vulnerable computer in a similar way as the WannaCry malware spread across the globe in 2017."

Canadian Underwriter (5/17/2019)
Biometrics and two-factor authentication will become more popular tactics for mitigating cyber crime risk, a British Columbia credit union executive predicts.

Property Casualty 360 (5/20/2019)
The U.S. Department of Justice said Thursday that two U.S.-based law firms were among the victims of a "complex transnational organized cybercrime network" that has been taken down thanks to a law enforcement effort involving cooperation between U.S. and European officials.

Insurance Journal (5/20/2019)
There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep pace.

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Katelynn Yonce is Corporate Counsel for MRI Software LLC. In this episode, Ms. Yonce gives her unique international perspective on GDPR. She explains how GDPR has affected risk professionals in the U.S. and abroad, how it has affected business in Europe and internationally in the last year, some of the biggest steps companies are taking to comply with GDPR, and recent GDPR-related incidents that have stood out to her from this past year.