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Unleashing the Power of Unstructured Submission Data

Chisel AI

“Data is the lifeblood of insurance companies. Insurance companies compete on analytics and algorithms, and they compete on experiences. This is our equivalent of that physical capital that Tesla has to invest in.

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The Best Risk Management Courses on Udemy to Consider for 2021

Solutions Review

The 6 Best Risk Management Courses on Coursera for 2021 … March 16, 2021 Best Practices. This is what I call risk management 1 – risk management for external stakeholders (Board, auditors, regulators, government, credit rating agencies, insurance companies and banks). You May Also Like.

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The Best Risk Management Software to Consider for 2021 and Beyond

Solutions Review

Our editors selected the best risk management software based on each solution’s Authority Score; a meta-analysis of real user sentiment through the web’s most trusted business software review sites and our own proprietary five-point inclusion criteria.

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RIMS ERM Conference 2021: A Case-Study Approach to “Solve Any DEI Issue in One Hour”

Risk Management Monitor

In one of the afternoon’s sessions, “Identify and Solve Any Organizational DEI Issue In One Hour,” presenter Layne Kertamus, professional in residence of risk management and insurance at Utah Valley University, explored “new ways to talk about what needs to be said, and what needs to be listened to.”.

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What Is Cyber Extortion? Tips for Securing Your Data

Pure Storage

The Colonial Pipeline ransomware attack in 2021 forced the shutdown of a major U.S. Also, cyber insurance premiums have risen dramatically as insurers face increasing claims, further straining budgets. Note that authorities often advise against paying ransoms, as it encourages further attacks and doesnt guarantee data recovery.

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Do Cyber Risks Lurk in Your Business Ecosystem?

NexusTek

Penetration testing: This is an authorized, simulated attack on a company’s IT systems, which helps it to identify existing vulnerabilities. Cyber insurance: Such policies help to cover costs related to cyber incidents and indicate that a third party is paying attention to cyber risk management. 2021, May 4). 2021, May 7).

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5 Key Takeaways from the EU’s Digital Operational Resilience Act (DORA)

Pure Storage

The action came after the Financial Conduct Authority (FCA) along with the Bank of England (BoE) and the Prudential Regulation Authority (PRA) issued their operational resilience policy in March 2021. The act applies to banks, insurance companies, investment firms, and the like, but it also includes critical third parties.