Continuity Central (10/25/2019)
An overwhelming majority of cyber security and risk management leaders believe that developments in 5G wireless technology will create cyber security challenges for their organizations. Their top three 5G-related concerns are greater risk of attacks on Internet of Things (IoT) networks, a wider attack surface and a lack of security by design in 5G hardware and firmware.

Risk Management Magazine (10/1/2019)
As the insurance market continues to harden, companies in certain industries are increasingly facing two distinct insurance-related challenges: 1) insurers are no longer willing to underwrite industry risk and are thus departing from the marketplace, and 2) the remaining insurers are subjecting companies to premium rate hikes, even for those who have favorable loss experiences.

Property Casualty 360 (10/24/2019)
The number of consumer protection class actions has nearly tripled in the past decade, with cases over data privacy and unwanted text messages behind the increase, according to a report compiled by Lex Machina.

Risk & Insurance Magazine (10/24/2019)
Health product manufacturer Johnson & Johnson has yet to evade the laundry list of class action lawsuits held against it. Everything from mounting opioid litigation to the more recent asbestos allegations has placed this conglomerate under national public scrutiny.

Reuters / Insurance Journal (10/24/2019)
A job does not have to be physically demanding to literally be a pain in the neck, or knee, or lower back. Musculoskeletal conditions are among the top expenses for employee healthcare benefits, accounting for about a third of all worker injury and illness cases, according to the Occupational Safety and Health Administration (OSHA).

Risk Management Magazine (10/1/2019)
Construction has always been a high-risk venture, but recent trends are exacerbating those risks, including a shortage of skilled workers and accelerated construction schedules. New developments in technology, however, may help mitigate their impact.

CFO (10/25/2019)
Concerns that digitalization efforts may be poorly conceived, as well as worries over the pace of such efforts, topped business leaders' concerns in Gartner's latest Emerging Risks Monitor Report. In Gartner's third-quarter 2019 survey of 144 senior executives across industries and geographies, so-called "digitalization misconceptions" rose to become the most concerning emerging risk.

Canadian Underwriter (10/23/2019)
Malware cyber attacks are on the rise compared to one year ago, according to Chubb, with a new type of strain on the rise. The first half of 2019 has seen more ransomware attacks than 2018, catching the eye of the insurer in its third-quarter edition of its Chubb Cyber InFocus Report, where it called the rise "alarming."

Teiss (10/23/2019)
The academic and industry literature is full of extremely useful research, insights and advice on how people interface with security technology and how that interaction can be enhanced to reduce the chance of a malicious attack. However, the role of the human in enhancing the overall resilience of an organisation operating within an environment where the cyber risks of any type are high is discussed much less.

King County in Washington State is the 13th-largest county in the United States. In 2019, the county fully cemented the principles of enterprise risk management (ERM) across every government agency, requiring each one to conduct a five-year, forward looking risk profile exercise as part of their business planning process. Read our interview with Jennifer Hills, Director of Risk Management and Sean Catanese, Enterprise Risk Management Program Manager at King County, Washington to learn more about the implementation.

IT and risk management professionals must speak the same language to more effectively incorporate the benefits and uncertainties associated with data and technology into the organizations' overall strategy and to add value. The RIMS and ISACA paper outlines how the changing digital risk landscape, new regulatory requirements, and greater understanding of commonalities between IT and risk management make a strong case for aligning the two in order to realize significant benefits.