Analysis – Page 9
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Analysis
Emerging risks and the “COVID effect”
Government support programmes have kept alive unviable zombie companies, while wealth inequality has broadened, finds Swiss Re SONAR
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Lessons in risk from the Suez crisis
Suez, COVID and Brexit have challenged assumptions about the complex supply chain risks modern corporates must contend with
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Analysis
Amrae: Cyber insurers in “vicious cycle”
Claims frequency and severity grew substantially between 2019 and 2020, outpacing cyber insurance premium growth
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Analysis
Sedgwick predicts post-pandemic recall surge
Product recall events are on the rise despite ongoing operational challenges experienced by global car and OEMs
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Firms facing period of transformative change
COVID-crisis will lead to a new period of rapid, transformative growth and prosperity, predicts Studio 44
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Analysis
Ransomware: ‘Don’t pay’, urges UK government
Paying a ransom does not guarantee a successful outcome and will not protect networks from future attacks, says home secretary
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Cloud dependency brings systemic risk potential
During the last six months, Amazon, Google and Microsoft Azure have all experienced significant service outages - CyberCube
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Semiconductor shortage disrupts supply chains
Scarcity is expected to be short-lived but will cause problems for sectors including electronics and motor, according to Oxford Economics
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Lessons in risk from the Boeing 737 MAX disasters
Myriad failures that contributed to the 737 MAX crashes revealed “systemic shortcomings” in Boeing’s ability to manage risk - Arthur D Little
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Governments most targeted by ransomware attacks
The government sector was most affected by ransomware attacks in 2020, followed by banking and manufacturing
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Ransomware costs to reach $20 billion in 2021
Only 40% of organisations report having adequate remote work strategies to manage the risks associated with WFH, finds Aon cyber report
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Cyber: Critical industries bombarded during pandemic
As firms scaled-up cloud computing during lockdown, they did not always scale up their security processes at the same rate
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IoT used in vaccine insurance solution
Insurance industry initiative offers supply chain protection, using temperature sensors, for COVID-19 vaccine shipments
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Analysis
Asset-light economy presents new, disruptive risks
Corporations are holding more risk on their balance sheets as the value of intangible assets and potential for systemic risk grows
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Suez backlog presents further disruption
Brexit, the pandemic and recent Suez Canal blockage have brought into question lean manufacturing philosophies
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Digital disruption tops banks' emerging risks
Untimely adoption may drive sudden changes to information security, change management, business continuity and third-party risk exposures
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Pandemic to drive further supply chain disruption
UK firms say COVID-19, international trade disputes and deglobalisation – including Brexit - are the biggest threat to their business
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WEF: Scenario planning for Industry 4.0
The rapid pace of technological change and pandemic crisis is accelerating trends; making risk forecasting more challenging
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Generation ERM
Part of the next generation of risk managers promoting the holistic approach, Sogefi Group’s Valentina Paduano believes it is time to rethink your methods
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Analysis
DIY crisis toolkit launched for SMEs
It is designed to help small businesses save money and protect their reputations in time of crises