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Cybersecurity: Managing the Risk of Being a Target
Multiple August 07, 2018 Posted in: Blog Posts, Cyber

This past March, a ransomware attack caused government operations in Atlanta to come to a complete standstill. It left courts unable to process warrants, residents unable to pay bills online, and travelers unable to use airport Wi-Fi. Attacks like these have become the rule rather than the exception for businesses, with former FBI director Robert Mueller saying it best: “…there are only two types of companies: those that have been hacked and those that will be hacked.” Everyone is a target, so the seeming inevitability of becoming a hacking victim has now made risk management strategies more important than ever.

Cyber Risk at the ERM Symposium
Laura Maxwell April 19, 2016 Posted in: Blog Posts, Cyber, Insurance / Insurers

The Enterprise Risk Management (ERM) Symposium, presented by the Casualty Actuarial Society (CAS), Canadian Institute of Actuaries (CIA) and Society of Actuaries (SOA), was held April 6-8 in Arlington, Virginia. I attended two sessions on cyber risk and the speakers expressed some common themes. One stated that there were two kinds of companies: those that have had a data breach and those that are not aware they have had a data breach. More than 1,868 breaches were reported in the United States in 2014.

Rob Walling

Rising Insurance Risk in Healthcare

Cyber Liability and Electronic Records Top the List of Perceived Risks at the ASHRM Annual Conference

Rising Insurance Risk in Healthcare
Rob Walling November 04, 2014 Posted in: Blog Posts, Health Care / MPL, Insurance / Insurers
Pinnacle Actuarial Resources asked attendees at the 2014 American Society for Healthcare Risk Management (ASHRM) Annual Conference and Exhibition in Anaheim, California, for their opinions on trends in insurance risk of the healthcare industry.
Derek Freihaut

SCCIA Recap

Meeting Highlights: Cyber Security Risks, Affordable Care Act, SB 909

SCCIA Recap
The South Carolina Captive Insurance Association (SCCIA) held its 15th Annual Executive Education Conference this week at Isle of Palms in South Carolina. Constant rain throughout the event did not dampen the spirits of those at the meeting. Since passing the enabling legislation in 2000, South Carolina has seen their number of active captives climb to an estimated 160 by yearend 2014.
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