John Kreul will oversee the operations and strategy of Jewelers Mutual Group's technology department as the insurance provider's Chief Information Officer.
Decision-makers need to strike a balance when it comes to spending on cybersecurity technology in a way that still enables corporate growth without leaving the organization overly vulnerable to an attack. Invest too little, and there could be gaps in your cyber defenses. Invest too much, and there could be a false sense of security.
Combining security strategies could reduce the risk of fraud, which has only risen since the start of the COVID-19 pandemic. A new report suggests steps insurance carriers can take to ensure their security plan works to combat identity fraud.
Specific cases in Turkey, Chile, and the United States speak to a shift in riot and civil disorder risk, along with consequences for risk transfer decision-making. New sources of capital may be able to help communities prepare more effectively for post-event recovery.
IT executives and senior leaders are key drivers of success. For an organization to quickly realize a tech vision and reap the benefits of digitization, leaders must have cutting-edge technical knowledge, a shared vision for change and, most critically, a people-focused approach that empowers the organization now and in the future.
Insurance giant AXA S.A. has been hit by a massive ransomware attack, just days after announcing that it would no longer cover damage from that class of cyberattack in France. AXA said on Sunday that the cyberattack has targeted its Asia Assistance division, impacting IT operations in Thailand, Malaysia, Hong Kong and the Philippines.