Category: Cyber RiskJuly 16, 2019
The 2018 annual report from the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3) shows wire transfer fraud is a major threat to business owners. IC3 provides businesses with a convenient mechanism for reporting computer crime directly to the FBI.
Category: Product RecallsJuly 11, 2019
A company’s brand reputation can take years to build — and be damaged quickly in the wake of a product recall.
Out of the top 20 priority reputational risks that every company should monitor, the Reputation Institute identifies five risks that are directly related to product recalls.
Category: PropertyJuly 9, 2019
According to the Federal Aviation Administration, 2.85 million small drones could fill the sky by 2022, and 450,000 of them will be used for commercial purposes. With a multitude of market opportunities, drones are providing insurers with capabilities that were never before thought possible – but in addition to the benefits, drones are also presenting insurers with a number of potential risks and exposures.
Category: Cyber RiskJune 19, 2019
Ransomware attacks are impacting organizations with complex systems and operations, particularly manufacturers, and comprehensive Cyber Risk Insurance is a critical protection for the ensuing business interruption losses.