Commercial Risk (5/14/2021)
Cyber experts have criticised the calls to make ransomware payments illegal, stating that such a move could leave small companies "dead in the water" if they are subject to an attack.

Risk Management Monitor (5/17/2021)
As federal and state officials scramble to send unemployment and stimulus funds to help people hit hard by COVID-19 business shutdowns, it has become a perfect storm for cyber fraud.

Property Casualty 360 (5/14/2021)
The statistics illustrating the explosion of ransomware over the past two years have become all too familiar for anyone with a stake in the insurance industry. Attacks increased nearly 150% since COVID-19-induced work-from-home commenced and ransomware payouts for U.S. businesses have exploded in the last two years...

Bloomberg / Insurance Journal (5/17/2021)
Fourteen months after coronavirus confined the world's office-workers to their homes, companies are embarking on another great experiment - how to get their teams back together, in-person, at least some of the time.

Continuity Central (5/19/2021)
According to the inaugural Marsh Risk Resilience Report, as new challenges continue to emerge, and the risk landscape grows increasingly complex, the competitive advantage that 'risk resilient' firms can gain is increasing.

Risk Management Magazine (4/13/2021)
Only once in U.S. history - during the 1918 influenza pandemi - have so many businesses been forced to close for months due to local and state lockdowns and restrictions. Now, businesses are returning to a changed landscape and struggling to regain the income they have lost over the past year.

Insurance Journal (5/14/2021)
State regulators in New York will soon draft rules that will require employers to protect workers from airborne infectious disease.

Property Casualty 360 (5/17/2021)
On April 26, 2021, leaked data from the Washington, D.C. Metropolitan Police Department appeared online after the department was hit by a ransomware attack. The data that was posted online included screenshots of arrest records and internal memos.

Continuity Central (5/17/2021)
Proofpoint has released its inaugural 2021 Voice of the CISO report which explores key challenges facing chief information security officers (CISOs) after an unprecedented twelve months. Sixty-Six percent of CISOs globally feel their organization is unprepared to handle a cyber attack.

RIMScast
Cheryl Lloyd is the associate vice president, chief risk officer, and interim vice president of systemwide human resources for the University of California. During this RIMScast interview, Cheryl talks about the various roles she has held within UC and the future of risk management.

 

RIMS Webinar
Climate change continues to disrupt local economies. Attend this webinar on June 3 to learn how climate risk models combined with robust geo-reference data platforms can help manage portfolio-level vulnerabilities.