Risk Management

Is Cybersecurity Worth the Cost for Small and Midsized Businesses?

Is Cybersecurity Worth the Cost for Small and Midsized Businesses?

Given the uncertainty of proactive measures and their associated costs, small and medium-sized businesses may be tempted to incur reactive […]

Liability Without Actual Damage For Cyber-Breach

Liability Without Actual Damage For Cyber-Breach

In Nancy Bohnak v. Marsh & McLennan Cos. Inc., a panel of the Second Circuit Court of Appeals has ruled […]

Is Your Bank Exposed To Crypto-Risk?

The Federal Deposit Insurance Corporation’s annual Risk Review contains a new section addressing crypto-asset risk. It states that crypto-asset volatility […]

AI Wrecks Brands at Warp Speed, Creating Risk

AI Wrecks Brands at Warp Speed, Creating Risk

Warren Buffett once said, “It takes 20 years to build a reputation and five minutes to ruin it.” Today, artificial […]

Risk Management and Cybersecurity

Risk Management and Cybersecurity

A recent McKinsey series identifies actions that together comprise a best practice for developing a risk-based cybersecurity approach: First, fully […]

Data Breach At Big Insurance Brokerage

Data Breach At Big Insurance Brokerage

Hub International Ltd., an insurance brokerage providing property, risk management, and other products and services in North America, says unknown […]

New Twist For Vesttoo Fake Collateral Scandal

New Twist For Vesttoo Fake Collateral Scandal

White Rock Insurance Ltd. has partnered with the Bermuda Monetary Authority to pursue recovery for those hit by the alleged […]

Time For a Post-Quantum Risk Analysis

Time For a Post-Quantum Risk Analysis

Three federal agencies just combined resources to issue a fact sheet about the impact of “potentially adversarial, cryptanalytically relevant quantum […]

Invalid Letters of Credit Traced To Chinese Investors

Invalid Letters of Credit Traced To Chinese Investors

After discovering fake letters of credit had been used on its platform, Israel-based Vesttoo Ltd. is in discussions with potential […]

Global Businesses “Decouple” In China to Manage Risk

Global Businesses “Decouple” In China to Manage Risk

Big Silicon Valley venture capital firm Sequoia has announced that it will separate into three entities that collectively will cover […]

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