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Risk Knowledge

Risk Knowledge is a searchable library of relevant information for today's risk professionals. Available materials include RIMS Executive Reports, survey findings, contributed articles, industry research, benchmarking data and more.



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What You Need to Know About Cyber Extortion Insurance Coverage
Although the specific policy wording varies, many cyber policies provide coverage for extortion-related expenses and payments paid as a result of a cyber extortion threat.
Author:  Jeffrey J. Meagher
Date: December 18, 2017
Do Your Records Put Your Business at Risk?
Companies can reduce the impact of cyberattacks by having a clear understanding of what type of records they are collecting and storing.
Author:  Ellie Feldman
Date: December 1, 2017
Improving Health Care Cybersecurity
Regulators and health care providers alike must do more to secure patient data.
Author:  Kimberly A. Cook and Alexandra Block
Date: December 1, 2017
How to Manage Personal Device Risk
New corporate security policies can help protect against mobile device vulnerabilities.
Author:  Domingo Guerra
Date: December 1, 2017
Year In Risk 2017
Whether it was natural disasters, cyberattacks, corporate crises or political uncertainty, risk events made high-profile and often sobering headlines in 2017.
Author:  Morgan O'Rourke
Date: December 1, 2017
Inside New York’s Cyber Regulation
A new cybersecurity law establishes specific requirements for financial services companies.
Author:  Steven Grossman
Date: December 1, 2017
7 Misconceptions about GDPR You Need to Understand Now
With the GDPR set to go into effect in May, organizations need to have a better understanding of their responsibilities under the new law.
Author:  Barclay T. Blair and Charles Choe
Date: December 1, 2017
Cyber Scorekeepers
A growing number of ratings firms aim to help companies and their insurers assess and manage cybersecurity risks.
Author:  Russ Banham
Date: November 2, 2017
Will Your Crime Insurance Cover Cyber?
Courts are divided over whether crime insurance policies provide coverage for cyber-related fraud.
Author:  Michael S. Levine and Jennifer White
Date: November 2, 2017
Cybercrime Costs Businesses $11.7 Million Per Year
The annual costs of cybercrime, number of breaches, and mitigation time to resolve them are all on the rise.
Author:  Hilary Tuttle
Date: November 2, 2017
Key Considerations for Cyberrisk Coverage
A number of insurance policy provisions can help ensure adequate protection from cyber losses.
Author:  Joshua Gold
Date: October 3, 2017
Lessons from the Yahoo Hack
The attack on 1 billion Yahoo accounts reveals vulnerabilities also common to other systems.
Author:  Randy Battat
Date: October 3, 2017
Grid: Locked — Managing the Risks of Hacking the Electric Grid
As more hackers focus on critical infrastructure, risk managers and consumers must prepare for the risks of cyberattacks on the electric grid.
Author:  Hilary Tuttle
Date: October 2, 2017
Category: Cyber Risk, Risk Management (General)
Keywords: Cyberrisk
Type: Article
Members Only? No
Winter Is Coming
Like a Game of Thrones winter, hackers are coming.
Author:  Morgan O'Rourke
Date: September 1, 2017
5 Best Practices for IoT Privacy Compliance
As the internet of things expands, organizations must establish rigorous privacy practices.
Author:  Justine Young Gottshall
Date: September 1, 2017
Four Key Cyberrisk Management Questions for Directors and Officers
As cyber liability standards evolve, courts increasingly hold directors and officers responsible for cybersecurity lapses.
Author:  Richik Sarkar
Date: September 1, 2017
Cyberbreaches Cost Companies Billions in Long-Term Value
A typical severe cyberbreach results in the permanent loss of 1.8% of a company’s value relative to its competitors.
Author:  Hilary Tuttle
Date: September 1, 2017
2017 RIMS Cyber Survey
Cyber risks remain a top priority for risk management professionals around the world. The survey explores the value and effectiveness of cyber insurance, featuring insight from 288 practitioners from a wide-range of industries.
Author:  RIMS
Date: August 24, 2017
IoT Risks for the Oil and Gas Industry
The internet of things has improved productivity and lowered costs in the oil and gas industry, but also introduces vulnerability to cyberattacks.
Author:  Caroline McDonald
Date: August 1, 2017
Ransomware Ready: How to Prepare for the Day You Get Locked Out
As widespread ransomware attacks force organizations to take the threat more seriously, it is critical to develop a clear response strategy.
Author:  Hilary Tuttle
Date: August 1, 2017
Strengthening Data Breach Protection
Businesses must do more than just implement security solutions to guard against fraud.
Author:  Matt Ehrlich
Date: August 1, 2017
The High Risk of a Low Cyber IQ
Every organization’s biggest cyberrisk is its employees—and even employees agree.
Author:  Hilary Tuttle
Date: August 1, 2017
Practical Lessons for Managing Cyberrisks
These four principles are critical for risk managers facing increasingly frequent cyberattacks.
Author:  Gautam Aggarwal
Date: August 1, 2017