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Phishing and ransomware attacks are among the top threats to pension plan sponsors and institutional investors by cyber criminals, according to Jennifer Williams, director of information security at the Healthcare of Ontario Pension Plan. “A common approach by cyber criminals begins with a simple phishing email designed to cause an employee to mistakenly action the […]

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While the majority of Canadian pension and retirement savings plan sponsors view governance as a top priority, 24 per cent said they haven’t conducted a review of their governance policy in the past three years, according to a new survey by Aon. It found 21 per cent of respondents identified “outdated or inefficient plan governance […]

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The top three extreme risks for investors to watch are global temperature change, global trade collapse and cyber warfare, according to a new report by Willis Towers Watson’s Thinking Ahead Institute. In the report, extreme risks are considered events that are highly unlikely to occur — but could have a large impact on economic growth […]

  • By: Staff
  • September 11, 2019 January 6, 2021
  • 09:41
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Business interruption and cyber incidents were tied for the top business risks in 2019, according to the 2019 Allianz Risk Barometer. “The big driver with business interruption is largely the global nature of businesses,” says Bernard McNulty, head of claims for Canada at Allianz Global Corporate and Specialty, noting that businesses, particularly manufacturers, source components […]

Pension Funds and Cyber Risk

Cyber crime is the next big battle in the financial services sphere says expert Alex Ross.

Cyber Risk on the Agenda

2014 Risk Management Conference - Keynote Announcement