Insurance Journal (12/21/2020)
Russian hackers who broke into U.S. government agencies also spied on less high-profile organizations, including groups in Britain, a U.S. internet provider and a county government in Arizona, according to web records and a security source.

Risk Management Monitor (12/21/2020)
For risk professionals in India, the COVID-19 pandemic has underscored the critical need to build business resilience and develop mature yet flexible business continuity plans to address both short- and long-term threats.

Commercial Risk (12/21/2020)
The president of US risk management association RIMS has urged risk professionals and the insurance industry to find new ways of financing extreme events like pandemics, and believes relationships must evolve in order to deliver.

Reuters (12/20/2020)
U.S. lawmakers will back $1.9 billion to fund a program to remove telecom network equipment that the U.S. government says poses national security risks as part of a $900 billion COVID-19 relief bill, two sources briefed on the matter said on Sunday.

Asian Insurance Review (12/18/2020)
People are increasingly worried about the long-term impact of the COVID-19 pandemic, according to the fourth edition of Cigna International Markets' recently published COVID-19 Global Impact Study.

Risk Management Magazine (12/7/2020)
The ransomware business model is arguably the most significant innovation in cybercrime in recent history, and the sophistication and variety of schemes is evolving.

Bloomberg / Insurance Journal (12/18/2020)
COVID-19 has wrought havoc everywhere, but in the nominally regulated shipping industry it's fueling a worrying practice: the abandonment of ships, cargo and seafarers with no way to get home. 

Property Casualty 360 (12/18/2020)
Events that transpired this year have pushed insurers to further embrace digital tools and challenged the industry to better understand customers' needs, according to TransUnion.

Reuters (12/17/2020)
Microsoft Corp said on Thursday it found malicious software in its systems related to a massive hacking campaign disclosed by U.S. officials this week, adding a top technology target to a growing list of attacked government agencies.

Commercial Risk (12/18/2020)
The global insurance industry has remained both operationally and financially resilient to the shocks triggered by COVID-19, yet uncertainties remain for the future outlook, including the potential for decreasing credit quality of insurers' fixed-income portfolios and the impact of the deepened low yield environment.

Asia Insurance Review (12/18/2020)
South Africa's workers who did not receive their COVID-19 Temporary Employment Relief Scheme (TERS) benefit payment from the Unemployment Insurance Fund (UIF) have been assured that payment re-runs for outstanding claims were under way for the period of April to 15 September, starting mid-December.

RIMScast
This RIMScast episode features our very own Carol Fox, VP of Strategic Initiatives at RIMS. As the queen of all things ERM, Carol shares her insightful perspective on the state of ERM, the achievements and progress that the Strategic and Enterprise Risk Management Council (SERMC) made in 2020 and changes at RIMS that have helped shape the risk management profession.
Learn More...

 

RIMS Report
Building and maintaining a strong talent supply is a priority for organizations in every sector. This is especially true for risk management, which is experiencing changes in its workforce. The RIMS Risk Management Talent 2025 Report offers insight about the future of the profession. RIMS, in alliance with Willis Towers Watson, The Hartford and Chubb, collected more than 1,170 surveys - including 845 from risk professionals - to understand who comprises the profession today, as well as who is projected to do so by 2025.