Home cyber risk

Keyword: cyber risk

9 results found
Copyright_hin255_123RF

The Canadian Association of Pension Supervisory Authorities’ risk management guideline committee is seeking nominations for an industry working group. The committee will draw on the group members’ technical input and expertise in the areas of integrated risk management, according to a press release, which noted participants will be selected from various pension sector categories based on […]

  • By: Staff
  • July 14, 2022 July 13, 2022
  • 09:00
Copyright_singkham_123RF

As the Canadian Association of Pension Supervisory Authorities looks to update its capital accumulation plan guidelines, the amendments must reflect the changes in the industry, said Angela Mazerolle, vice-president of regulation at the Financial Services and Consumer Services Commission of New Brunswick, during a session at the 2022 Canadian Pension and Benefits Institute Forum in […]

Copyright_Olga Yastremska_123RF

The Canadian Association of Pension Supervisory Authorities is seeking feedback on three risk management guidelines. The guidelines will cover pension plans’ use of leverage, cyber risks and environmental, social and governance considerations. In a letter to stakeholders, the CAPSA said it may incorporate these guidelines into a single risk management document that will also cover […]

  • By: Staff
  • June 15, 2022 June 14, 2022
  • 09:00

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 […]

Copyright_rawpixel_123RF

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 It found 21 per cent of respondents identified “outdated or inefficient plan governance […]

71288879-123RF

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
80882234-123RF

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