From ransomware to phishing, mitigating the most critical threats will require a mix of strategies Risk Management News By Kenneth AraulloDec 16, 2024Share Heading into 2025, risk managers are at the forefront of navigating the complex interplay between cybersecurity threats and…
Property management requires a comprehensive strategy that addresses various facets of real estate ownership, regulation, and market dynamics. Effective property management is essential for maximizing returns, ensuring tenant satisfaction, and maintaining asset value. Property management encompasses the operation, control, and…
“Canada has a massive cyber security problem” Cyber By Nicole Panteloucos Nov 13, 2024 Cybersecurity has become a top concern for businesses worldwide as cybercriminals grow increasingly sophisticated, using advanced tools like AI and deepfakes to carry out more complex and…
The study reveals that 67% of organisations report an increase in cyber incidents across the past year compared to the previous one and underscores the growing challenges for organisations in balancing technological advancement with robust cyber risk management to protect…
With the legalization of marijuana, the issue for employers is not if you test positive, but if you are actually impaired and your performance is affected which could create a unsafe work environment. In February of 2024, Maryland lawmakers debated…
TORONTO, Feb. 7, 2023 /CNW/ – Eddy Smart Home Solutions Ltd.’s (Eddy) (TSXV: EDY) is pleased to share findings of a recent study completed using data from a 5-year period on the effectiveness of water protection systems in reducing losses from water damage…
As many countries continue to grapple with rising inflation and the ripple effects of geopolitical conflicts, property risk is in a state of flux, and risk managers should be proactive and adapt to the wide-ranging changes. Hemant Shah (pictured above),…
Around one-third of risk management experts say cyber is the biggest risk. Business interruption followed closely behind. By Steve Hallo | January 17, 2023 at 05:00 AM “The frequency of ransomware attacks remains high, with losses increasing as criminals hone their tactics to…
In and amongst the grey skies of the Canadian Strata environment there is a looming rainbow on the horizon to stop the sky from falling! Much has been written recently about concerns in the Condo/Strata market regarding rising premiums, availability of adequate insurance capacity and impact of increasing costs resting squarely on the shoulders of unit owners. Insurance costs have increased as much as 400%.
Underwriters continue to feel the pressures of climate change on their property losses and continue to look for ways of reducing claims costs. The formal procurement process has helped to reduce costs and improve service but has procurement gone far…