Risk managers can no longer afford to treat cyber as an IT issue on construction projects. QBE warns that ransomware and system disruption can quickly turn into delays, disputes and escalating costs.
New Resilience analysis finds ransomware accounts for 90% of incurred manufacturing cyber losses, despite making up just 12% of claim volume, highlighting the need for better MFA validation, vulnerability management and incident response.
Backlash from SK Telecom’s initially mute response to “the worst hacking case in the history of the telecom industry” highlights how critical transparency is after a data breach. Swift action is not enough.
As farming becomes increasingly digitised, cyber risk is emerging as one of the most under-appreciated threats facing the sector. From automated machinery and connected supply chains to underinsurance and climate volatility, agriculture is evolving into a complex risk environment that challenges traditional assumptions about protection and resilience.
Cyber risk tops Aon’s global rankings, yet in Korea it sits far lower on the agenda. StrategicRISK spoke to Aon Korea chief executive Kevin Kim to explore why one of the world’s most digitally advanced economies still appears to underestimate the threat.
Cyber resilience cannot be bought off the shelf. Geoffrey Kerr, cyber security consultant and former VP global cyber security at Procter & Gamble, argues that organisations must move beyond technology-led spending and adopt a risk-based, strategy-first approach that embeds accountability, cultural change and measurable outcomes across the business.
The SR:500 Emerging Risks survey reveals a landscape dominated by accelerating and interconnected threats. Against this backdrop, risk management must be embedded earlier in decision making to strengthen resilience.
Data centres are at the heart of the digital economy, but rapid growth, energy constraints and evolving risks are testing their resilience. At an SR:500 event in partnership with FM, experts discussed the challenges facing the sector and how risk managers are responding.
Workplace healthcare is becoming a strategic pressure point, as employees’ rising demands plus costly medical advances are pushing employers to rethink how far benefits should go and what they mean for resilience.
As regulatory frameworks such as NIS2, DORA and the EU AI Act begin to overlap, organisations face mounting pressure to rethink how governance, risk and compliance operates in practice. Riskonnect’s Sherry Dillon explains why traditional compliance approaches are no longer enough.
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As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions