Risk
‘ChewBacca’ Attacks Hit Retailers in 11 Countries, Report Says
A cyber criminal ring targeting small retailers in 11 countries stole data on 49,000 payment cards using a malicious software known as "ChewBacca" before the operation was shut down, according to a ...
Portrait of an Employee Fraudster
It may come as a surprise to some that the typical fraudster in the workplace is not the bad-attitude ne'er-do-well that slinks off into the corner when faced with new responsibilities and additional ...
BYOD: Benefits and Risks of Personal Mobile Devices in the Insurance Workforce
Cyber crime continues to be among the world's fastest growing criminal threats. This poses a challenging decision for companies considering adoption of the "bring your own device" (BYOD) trend, where ...
The Current Scientific Consensus on Climate Change and Hurricanes—It May Surprise You
While "scientific consensus" on climate change may sound like an oxymoron, there is consensus on three key questions about climate change and hurricanes, as demonstrated by recent reports from the ...
Stolen Vendor Credentials Used in Target Breach
Target Corp. said on Wednesday that the theft of a vendor's credentials helped cyber criminals pull off a massive theft of customer data during the holiday shopping season in late 2013. It was the ...
21 Insurers, Brokers Launch Oasis ‘Open Source’ Cat Model
The Oasis Loss Modelling Framework has unveiled what it describes as "the most significant development in the modelling of natural catastrophe losses for 20 years"—the launch of an independent, ...
Designing a UBI Program to Fit Your Business Strategy
Usage-based insurance (UBI) for auto is often presented as a "one size fits all" solution to insurers' business problems. Tiny telematics devices that can be installed in policyholders' vehicles ...
Reinsurance at Crossroads Part 2: Emerging Markets and Risks; the Road Ahead
As detailed in Part 1, "The Market in the Developed Economies" the reinsurance industry faces the task of partially reinventing itself to expand in those sectors where it can achieve growth. Property ...