Criminals have a reliance on tricking victims to get access to account information, like passwords. This is known as social engineering, and is also called a “confidence crime.” These come in many forms:
Do Not Take the Bait of These Phishermen
Added by Robert Siciliano on July 27, 2018 at 4:19pm — No Comments
Risk management in the insurance business is a bit of a head scratcher. On the one hand, insurance companies are selling what many people consider to be a risk mitigation. On the other hand, insurance companies themselves face a variety of risks they need to mitigate.
Let’s briefly consider a misconception about insurance as it pertains to risk management. Too often,…Continue
Added by Steven Minsky on July 25, 2018 at 7:32pm — No Comments
The insurance industry is entering an age of disruption and digital transformation. Bespoke products and personalized outreach will soon be the new norm, and insurance carriers will see pivotal changes powered by AI solutions.
With new technologies enabling both operational efficiency and a superior customer experience, from artificial intelligence to drones and mobile customer communication methods, we are proud to announce that nominations have opened in 2018 Insurance…Continue
Added by Insurance Nexus on July 25, 2018 at 4:02pm — No Comments
Added by GlobalRiskCommunity on July 24, 2018 at 11:00am — No Comments
Last week I wrote that to be as persuasive as you can be, you should stop pushing and start pulling. I took Robert Cialdini’s six principles of persuasion, reworded and rearranged them a tad and then put them in a hierarchical order of persuasiveness. …Continue
Added by Bryan Whitefield on July 24, 2018 at 1:39am — No Comments
Michigan State University has employed a new Chief Compliance Officer in response to the Larry Nassar scandal. By creating an Office of Enterprise Risk Management within the university, MSU is getting on the right track.
Earlier this year, former MSU doctor and USA gymnastics coach Larry Nassar was charged with sexually assaulting 332 students. Shortly after this…Continue
Added by Steven Minsky on July 19, 2018 at 8:20pm — No Comments
Added by Enrique Raul Suarez on July 18, 2018 at 11:01pm — No Comments
I once ran a chemical plant for what was then ICI. I was a shift supervisor at Rhodes in Sydney, a zone now redeveloped as a major shopping and residential apartment area. The world changes, and so have I.
When you run a continuous process chemical plant, the money is in keeping it online 24/7 and running as close to maximum production as you can. In those…Continue
Added by Bryan Whitefield on July 17, 2018 at 5:45am — No Comments
Back in March, President Trump’s administration threatened to impose steep tariffs on imported goods from some of America’s biggest trading partners. In the following months, the administration set a 25% import tax on steel and 10% on aluminum.…Continue
Added by Steven Minsky on July 13, 2018 at 5:43pm — No Comments
A Message From Our Partner
Looking to catch up on the latest Third-Party Risk Management trends this summer? Here are our most popular downloads from the first half of 2018:
Tips for building a VRM program that works
Added by Boris Agranovich on July 10, 2018 at 6:30pm — No Comments
My thanks to Didier Verstichel from Belgium for his reply to a recent blog of mine, where he gave me the trust formula he uses (he doesn’t remember the original author):…
Added by Bryan Whitefield on July 10, 2018 at 3:00am — No Comments
Read this article to know more on How Behavioral Biometrics is Paving the Way to Less Fraud, Less Friction and More Functionality.
In This Research, You'll Learn
Added by GlobalRiskCommunity on July 6, 2018 at 4:30pm — No Comments
Added by GlobalRiskCommunity on July 6, 2018 at 10:30am — No Comments
Recently I ran my Risk Leadership training for a client and I had a room of participants that arrived with an extremely poor perception of risk. My role was to convince them of the value of risk and to have them leave the room with definitive actions agreed as to how they will derive that value.
The atmosphere in the room was extreme distrust. They were certain I was…Continue
Added by Bryan Whitefield on July 3, 2018 at 3:45am — No Comments