All Strategic Risk Global articles in Online only – Page 88
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Analysis
COVID-19 creating “ideal conditions” for ransomware
CyberCube warns that organised criminals and hackers are moving away from “high volume, low-value” methods of attack
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Analysis
Prevent losses at idle factories - FM Global
Fires, vandalism, theft, flooding and stormy weather could leave understaffed facilities vulnerable
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Analysis
Companies “drastically unprepared” for supply chain disruption - survey
66% of respondents say they should be assessing more than three quarters of their top tier vendors but aren’t doing so
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Analysis
Climate change “major threat” to global resilience - sigma
Failure to take immediate tangible action could lead to climate systems reaching irreversible tipping points, jeopardising insurability
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Analysis
FERMA supports creation of pandemic risk pools
Federation calls on brokers and insurers for flexibility during coronavirus crisis
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Analysis
Site closures pose fire risk - AGCS
The potential for damage from fire or lack of maintenance can increase in mothballed or idle production facilities and industrial plants
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Analysis
COVID-19: BI policies not fit for purpose - Ludlow
Business interruption needs to cover a broader range of intangible perils, argues Airmic CEO John Ludlow
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Analysis
Eurozone manufacturing plummets
”Large swathes of manufacturing could see downturns of the likes not seen before” - IHS Markit
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Analysis
53% of firms have no IoT visibility
‘Internet of Evil Things’ survey reveals over half of organisations have no visibility into the number of devices connected to their company network
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Features
COVID-19: Spotlight on security risks
Protests and unrests, strikes and fraud and scams are just some of the security risks likely to be exacerbated by the coronavirus pandemic
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Analysis
Interview: Cyber exposures for a coronavirus age
As businesses around the world come to terms with a dispersed, remote workforce, Raf Sanchez, international breach response manager at Beazley, considers the cyber exposures
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Analysis
Marriott reveals new breach: 5.2 million exposed
The new compromise follows a major breach of up to 339 million guests, discovered in 2018
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Analysis
Fitch puts Lloyd’s of London on negative watch
The rating watch negative reflects “uncertainty and increased risk to Lloyd’s earnings and underwriting performance due to claims emanating as a result of the COVID-19 pandemic”
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Opinion
Prepare for more climate see-saws
A cluster of winter storms are among the examples of extreme weather events causing increasing concern over how our climate is changing
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Analysis
COVID-19: Reducing the manufacturing supply chain impact
Manufacturing companies must assess and devise strategies to reduce the impact of COVID-19 - SpendEdge
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Analysis
COVID-19: London market shifts to e-trade
Aon improves its e-trading capabilities to allow home working underwriters to electronically bind their placements
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Opinion
COVID-19: What happens when it’s over?
Even as the pandemic continues to unfold it is important for risk managers to focus on the aftermath, argues Hans Læssøe, founder of AKTUS and former risk manager at The Lego Group
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Analysis
COVID-19 causes phishing attacks to skyrocket
Phishing attacks have risen 667 percent in the UK in March compared to February, as malicious actors trick users with fake coronavirus alerts
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Opinion
Business and supply chain resilience during Covid-19
The intensity of the impacts on businesses and supply chains are expected to accelerate in the near term and then extend to the medium term, explains Adrian Simmonds, senior risk manager at QBE
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Analysis
Data and technology will improve decision-making: Shah
The latest technology and efficient use of data will help risk managers to improve their decision-making, according to Frashad Shah, head of risk management at highway concession business Prolintas.