Risk management and fraud news from around the web: October 21 – 25, 2024

Aon president says the world’s companies "unsettled" by global risks 

The president of one the world’s biggest brokerages says his meetings with clients show that many businesses around the world are “unsettled” by the major risks they now face and are looking to brokers for more help. 

Harnessing tech to elevate third-party bribery, corruption risk management programs 

Tech-enablement, when done correctly, can help improve the effectiveness of a risk management program while helping to manage budgets and handle change management and user adoption. 

What’s behind the 51% drop in ransomware attacks? 

In a world where cyber threats feel omnipresent, a recent report has revealed some unexpected good news: ransomware attacks on state and local governments have dropped by 51% in 2024. What’s behind the drop? And what does it mean for the future of cybersecurity? 

Modeling firms vary on Hurricane Milton losses 

Catastrophe modeling company CoreLogic Inc. said that insured losses from Hurricane Milton will likely be between $17 billion and $28 billion, while rival Moody’s RMS said the storm will likely cost insurers between $22 billion and $36 billion.