A routine cash-handling function turned into a multimillion-dollar loss when a misconfigured ATM enabled six weeks of fraudulent withdrawals. The case exposes deeper weaknesses in governance, data flows and assurance that allowed the incident to escalate unchecked.
In the face of record-breaking tremors last year, Taiwanese contract chipmaker TSMC held its ground. By safeguarding operations and reassuring global clients, this was a master class in resilience born out of preparedness.
Ayala Corporation’s Victoria Tan talks us through how the business has been embedding sustainability into risk management since 2017 – going from awareness and governance to climate modelling and data-driven decision-making.
Backlash from SK Telecom’s initially mute response to “the worst hacking case in the history of the telecom industry” highlights how critical transparency is after a data breach. Swift action is not enough.
Rupert Bidwell, vice president for insurance solutions at ICEYE, talks to Strategic Risk and Insurance Times about the power of leveraging satellite technology
Medium-sized enterprises (MSEs) play a vital role in our economy. However, these companies face unique challenges when it comes to risk management, particularly in dealing with natural catastrophes such as storms, flooding, or earthquakes.
Too many organisations are operating in the dark, unable to clearly see the exposures they face. Adrien Norulak, head of risk analytics, at Swiss Re Corporate Solutions explores how better data collection, analysis and communication can help companies better manage their mitigation and insurance solutions.
True sustainability is more than compliance. Accountability and an ethical mindset are key to lasting change, finds this year’s StrategicRISK ESG Risk Survey, exposing the gap between intention and action.
Data centres are at the heart of the digital economy, but rapid growth, energy constraints and evolving risks are testing their resilience. At an SR:500 event in partnership with FM, experts discussed the challenges facing the sector and how risk managers are responding.
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As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions