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Pandemic, cyber attack & data fraud remains top concern for Companies: Study

riskacademy — Sat, 05 Dec 2020 14:11:36 +0000

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05 Dec 2020 | 7:39 PM

Hazaribagh, Dec 5 (UNI) A hardcore ultra of the Tritiya Prastuti Committee (TPC) was arrested from Katkamsandi Police Station area of this district.

05 Dec 2020 | 6:56 PM

Patna, Dec 5 (UNI) Defying government orders for not observing any demonstration without permission, the leader of opposition in the state assembly Tejasvi Prasad Yadav accompanied by his party leaders staged protest before the Statue of Mahatma Gandhi in Gandhi Maidan here on Saturday.

05 Dec 2020 | 6:53 PM

Kolkata, Dec 5 (UNI) The continued effects of the COVID-19 pandemic, or a new public health crisis, emerged as the top risk concerns for Indian companies, according to a joint study conducted by Marsh, the world’s leading insurance broker and risk adviser, and RIMS, the risk management society.

05 Dec 2020 | 6:28 PM

Imphal, Dec 5 (UNI) Chief Minister N. Biren Singh on Saturday distributed vehicles to six Autonomous District Councils (ADCs) at a function held at the Chief Minister’s Secretariat. All together eighteen vehicles were distributed including three each to ADC Chandel, Churachandpur, Kangpokpi (Sadar Hills), Senapati, Tamenglong and…

Pandemic Cyber Attacks And Data Fraud Remain Top Risk Concerns For Indian Companies Marsh Rims Study

riskacademy — Fri, 04 Dec 2020 13:07:51 +0000

The continued effects of the COVID-19 pandemic, or a new public health crisis, emerged as the top risk concerns for Indian companies, according to a joint study conducted by Marsh, the world’s leading insurance broker and risk adviser, and RIMS, the risk management society®.

Results from the Excellence in Risk Management India 2020, Spotlight on Resilience: Risk Management During COVID-19 survey also show that large scale cyber-attacks and data frauds remain one of the top-three risk concerns for the Indian corporate sector. While there is great optimism about the ability of organisations to rebound and address future pandemic-related challenges, cyber-attacks and data fraud continue to be paramount concerns for risk professionals in India.

According to the report, around 63% of the 231 survey respondents – which included c-suite executives and senior risk professionals – identified a new pandemic or continued fallout of COVID-19 among the top three risks facing their organisation. Cyber attacks (56%), data fraud or theft (36%), failure of critical infrastructure (33%), fiscal crises (31%), and extreme weather events (25%), were highlighted among the other top risks for…

How to successfully navigate the implications of the evolving insurance and risk management Covid-19 environment

riskacademy — Sun, 17 May 2020 12:58:36 +0000

UAE, Dubai – Marsh, the world’s leading insurance broker and risk adviser, has published a report on how to successfully manage and navigate insurance and risk management during these challenging times. The report reinforces Marsh’s commitment to guiding and supporting the region’s businesses through the adverse effects of the COVID-19 outbreak.

As uncertainty continues, businesses and economies worldwide are seeking ways to maintain business growth and continuity to protect their employees and mitigate their financial losses. From an insurance perspective, the pandemic has impacted property, casualty, event cancellation, management liability, cyber and credit risk and in this report, Marsh highlights the ways in which businesses can proactively respond to the pandemic while continuing to prepare for future.

Christos Adamantiadis, Marsh Middle East & Africa CEO, says: “In times of crisis we must support one another and ensure we work together to emerge stronger. Globally, all sectors are affected, which has led to many businesses facing interruptions and loss or damage, and in severe cases closure. It is essential to identify the worst-case disruption scenarios and…