Amazon hit their highest selling numbers ever during this years Cyber Monday sales. Between Thanksgiving and Monday, December 2, the company reached a mighty, yet vague, quota of “hundreds of millions” of packages.
Companies have increasingly turned to the cloud for their email solution. Cybercriminals or attackers have watched this trend and are finding ways to access email hosted in the cloud, which is known in the security community as a Business Email Compromise (BEC).
It doesnt take long for comments that would be negatively received by the populace to go viral and thats one of the newest challenges for risk managers and business leaders.
Risk management is integral to insurance, but its traditionally been an inexact science. Thanks to recent technological advances, however, risk management is about to get a long overdue upgrade.
At least 60 percent of U.S. Superfund sites are in areas vulnerable to flooding or other worsening disasters of climate change, and the Trump administrations reluctance to directly acknowledge global warming is deterring efforts to safeguard them, a congressional watchdog agency says.
While businesses are often aware of external threats perpetrated by cybercriminals looking to make a quick buck or competitors that want to play dirty, many forget that internal threats also pose a great risk to the safety and security of the organization and its personnel.
It has been quite the turbulent ride for catastrophe insurance providers in the past few years. The US has suffered a series of devastating hurricanes, kicking off on August 25, 2017, when Hurricane Harvey made landfall in Texas as a Category 4 storm.
The work of a Norwegian geography academic is finally bearing fruit. Richard Heede spent a decade trying to determine whether he could pin down to what degree individual companies contributed to climate change.
The engines, big and small, came from all over the country to fight the Kincade fire in the Sonoma county wine region of California. There were trucks from Nevada, South Dakota, Colorado — and from the wildfire protection unit of home insurer AIG.
A petition from young people preparing to enter a career in insurance is calling on US insurers to end their underwriting and investments in coal and other fossil fuels. The petition was started by Schuyler Holder, a senior at the University of North Texas and a member of Gamma Iota Sigma, a national insurance fraternity.
Internet-connected products have become enmeshed in many aspects of daily life, both at home and in the workplace. According to the consumer trends research firm Park Associates, 36% of homes with a broadband internet connection have a smart speaker, and 8% have a video doorbell, with another quarter of respondents saying that they plan to buy a video doorbell in the future.
Its almost inevitable: Spend your working life identifying, analysing, quantifying and ascribing monetary value to risk, and youre likely to have a fairly strong aversion to it.
A growing number of policymakers, advocates and experts predict that extreme weather may lead to higher costs for home and flood insurance. Some analysts are even predicting that the effects of climate change may make home insurance and flood insurance unaffordable for many Americans.
Risk management and the insurance industry have been around for hundreds of years in some capacity or another. As a thriving industry, insurance offers many avenues for young professionals to explore as they grow in their careers.