Property Casualty 360 (7/24/2019)
Recently, the U.S. Conference of Mayors passed a resolution discouraging cities from paying ransoms to hackers that have taken their systems captive. The underlying logic is pretty straightforward: if bad actors realize that there's no longer any cash waiting for them at the end of the rainbow, they'll eventually pack up their ball and go home.

Risk & Insurance Magazine (7/26/2019)
Move over policemen and firefighters. Driving for Uber and Lyft is now America's most dangerous occupation. An article from the San Francisco Chronicle reports that driving for app-based services like Uber, Lyft and GrubHub is now likely to rank somewhere between the top 13% and the top 1% of most dangerous jobs.

Risk Management Monitor (7/26/2019)
In Deloitte's 2019 State of Inclusion Survey, 86% of respondents said they felt comfortable being themselves all or most of the time at work, including 85% of women, 87% of Hispanic respondents, 86% of African American respondents, 87% of Asian respondents, 80% of respondents with a disability and 87% of LGBT respondents.

Bitdefender (7/26/2019)
The cost of data breaches keeps increasing for companies, and new research indicates that the financial impact can continue to sap company coffers for years after the incident occurs. Released this week, the 2019 Cost of a Data Breach Report from Ponemon Institute showed that the average data breach now costs companies $3.92 million globally. This represents a 12% rise in breach costs over the last five years.
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Property Casualty 360 (7/23/2019)
The National Transportation Safety Board (NTSB) recently released its findings from an investigation of a minor collision between an autonomous shuttle and a commercial truck in Las Vegas in 2017. There were no injuries to the seven passengers and one attendant aboard the shuttle or to the driver of the truck; however, the accident caused minor damage to the lower left front of the shuttle's body and a minor abrasion to the truck's tire.

Risk & Insurance Magazine (7/23/2019)
Change in health care is believed to be an essential step in improving patient health. Breakthroughs in modern medicine, advancements in technology and a patient-centered model all contribute to the end goal of creating a health care industry that services its patients better.

CIO Dive (7/22/2019)
Do you know where your data is? Is it "reasonably well" protected? With data breaches making daily headlines, and hackers developing innovative methods to penetrate cyber defenses, businesses must contemplate what "reasonable" security posture to implement for when, not if, a threat occurs.

Insurance Business Magazine (7/22/2019)
Summer is the time to load up on food that's best consumed outdoors in locations that are sometimes off-limits the rest of the year -- think hotdogs at a ballpark or ice-cream on a scoop shop's patio. However, while some restaurants might see a spike in customers during these months, they also face increased workers' comp-related risks.

RIMS will honor leading ERM programs that demonstrate innovative approaches and techniques to managing uncertainty effectively with the aim of creating, preserving or realizing organizational value. Be recognized for ERM excellence and join a global community of experts by sharing your organization's approach for managing today's risk and opportunity landscape with your peers. Winners will be announced at the RIMS ERM Conference 2019 this November in New Orleans. Nominations must be submitted by August 23. Please review the award process for more details.

The RIMS Risk Maturity Model (RMM) is both a best practice framework for enterprise risk management and a free online assessment tool for risk professionals. The RMM allows you to assess the strength of your ERM program and make a plan for improvement based on your results. After taking RIMS RMM, your organization will be provided a maturity report and an actionable set of guidelines that can help you begin improving your ERM program immediately. Empower your organization by taking these best-practice steps toward a successful and efficient risk management program that can improve business performance.