According to the 2018 Global Risks Report, cybercrime is the top risk for business leaders in advanced economies, as well as the risk most likely to intensify. In fact, with the rising frequency of data breaches, cyber risk is now a common exposure for individuals, families, family offices, and their related enterprises.
CFOs are feeling the rising pressure of leveraging new technology, such as cloud computing, robotic process automation, and various analytical tools, to improve the performance of their organizations. Beyond the basics, the finance organization needs to be a driver in implementing new technology to better manage financial and business information used throughout the organization.
A confluence of factors is conspiring to lay the groundwork for conditions increasingly threatening an end to the current business cycle. In this issue of The Real Economy, we present a number of easy-to-use metrics and data visualizations for middle market businesses to formulate judgments related to economic outlook risks. These include an array of financial, consumer and labor market indicators that, in some cases, can warn of a possible economic downturn.
Cryptocurrency is experiencing a surge in interest from mainstream investors and corporations worldwide. In this cryptocurrency series, we focus on the evolution of bitcoin moving from fad to mainstream; the role of virtual currencies in the global markets and the impact on the regulatory environment; the crime in the world of virtual currency, including theft from the exchanges and cloud-based host wallets; and unlocking the mysteries of dark pools, whereby investors (typically large financial institutions and high-net-worth individuals) can make trades anonymously.
Almost every day there are stories in the news about another security breach, another fraud warning, or another regulatory fine for lack of security. Join us as we highlighted the top 10 IT security gaps and what you can do about them. In this session, we discussed the real cybersecurity threats today, explained in plain English how they work and what the implications are, and discussed the most important security controls to consider.Attendees of this session learned:
Widespread political volatility and rapid technological advances are spurring companies to question not just their resilience, but also their fitness for purpose in the new world order. In this report, we show how firms can move from generalized concerns to analysis, discussions, and actions in response to specific threats that may most disrupt their ambitions and operations. It concludes by reflecting on the opportunities for Risk leaders to reframe the function to meet the needs of the new era.
Profound political, economic, societal, technological, and environmental transformations are occurring at an unprecedented scale and have become a part of day-to-day business life. In this 14th edition of the World Economic Forum's Global Risks Report, undertaken with Marsh & McLennan Companies and other partners, we examine the evolving macro-level risk landscape and highlight major threats that may disrupt the world in 2019 and over the next decade. Use the report as a reference point as you think about external threats and how resilient your company is to them.
In this webcast, experts from Marsh’s Cyber Practices take a closer look at how changing cyber risk exposures, regulations, and best practices will change the cyber risk management landscape in 2019. Download and view the Cyber Landscape 2019 slides as you listen to the discussion that includes:
The 5G network puts us at the precipice of another change in technology with the potential to unlock brand new applications, many of which are still nestled deep in entrepreneurial minds. As the introduction of 5G networks looms over the horizon and continues its evolution of innovation, so do new technological possibilities, challenges, and opportunities. The 5G rollout will require a national overhaul in wireless infrastructure, creating opportunities for investment.
We hear a lot today about the cybersecurity risks we face but to protect our families, it’s crucial not to forget the importance of effectively managing personal and physical security.