Hilary Tuttle

Hilary Tuttle is senior editor of Risk Management.

Articles By Author

What Are You Doing About Ransomware?

October 1, 2021

Amid rising ransomware attacks, these are the top questions risk professionals are facing from boards and underwriters, and the information you need to address one of today’s top business threats.

Spurred by Remote Work, Average Data Breach Cost Surges to $4.24 Million

October 1, 2021

Over the past year, data breach costs have surged to record numbers, and remote work was a driving force behind these rising costs.

Cyber Reinsurance Rates Soar at July Renewals

September 1, 2021

The soaring rates and constricting coverage in the cyber insurance market appear unlikely to ease for buyers any time soon.

Understanding DE&I As a Core Business Risk

August 2, 2021

Many organizations have increased their focus on DE&I over the past five years but fewer recognize the lack of a DE&I strategy as a core business risk.

61% of Companies Hit by Ransomware

June 1, 2021

The majority of organizations suffered more ransomware attacks in 2020, and suffered more downtime than in previous years.

Disaster on Disaster: Unique Challenges for Natural Catastrophe Preparedness in 2021

May 3, 2021

Armed with lessons learned from the 2020 hurricane season and pandemic response, risk professionals are preparing ­differently for ­natural disasters in 2021.

Q&A: How Texas Roadhouse Takes a People-First Approach to Disaster Planning

May 3, 2021

Patrick Sterling and Matt McMahan sat down with Risk Management to share some of the lessons they have learned over the past year, preparations for natural disasters in 2021, and insight into building a people-first playbook for times of crisis.

Remote Workforce Considerations for Natural Disaster Preparation

May 3, 2021

Heading into the 2021 hurricane and natural disaster seasons, organizations must reassess their risk profile with regard to remote or hybrid workforces to ensure the safety of both operations and employees.

Virtual Events, Real Advancement

April 1, 2021

COVID-19 and new technology are fueling a shift to virtual venues, creating easier access and more diverse events. These 14 tips will help you get the most value out of digital conferences and meetings.

Many Managers Are Creating Talent Risks

April 1, 2021

The pandemic has negatively affected employees' relationships with their bosses.

Ransomware Attackers Turn to Double Extortion

March 1, 2021

More hackers are using data from ransomware attacks to blackmail victims for more money.

2021 Cyberrisk Landscape

February 1, 2021

From SolarWinds and the software supply chain to blackmail attacks, from deep fakes to remote ­workers, these threats and trends will define the cyberrisk landscape in 2021.

Prescription for Disaster

December 1, 2020

While already battling COVID-19, hospitals and health care facilities suffered a record number of ransomware attacks in 2020, disrupting operations, risking patient care and threatening sensitive medical data.

Commercial Insurance Rates Surge 20%

December 1, 2020

As losses from the pandemic continue to mount, the already hard market has rapidly grown even harder.

Only 16% of Remote Employees “Thriving”

November 2, 2020

Working from home during the pandemic is having a negative impact on employees’ mental health.

Fewer Companies Taking Cyberrisk Mitigation Steps

November 2, 2020

Concerns about cyberattacks have increased during the pandemic, yet fewer companies have taken steps to mitigate cyberrisk.

Cyber Insurance Claims Surge Amid COVID-19

October 1, 2020

Cyberattacks have increased in both volume and severity since the beginning of the COVID-19 pandemic.

Bridging the Cyber Generation Gap

September 1, 2020

Younger workers are more willing to admit making a mistake with cybersecurity implications for the company.

Crisis Plans Minimize Cyberattack Disruption

August 3, 2020

Crisis response planning may be more effective than security tools in protecting against cyberattacks.

Safety Measures to Return to Work After COVID-19

June 1, 2020

As enterprises prepare to return from COVID-19 shutdowns, leaders are putting together new plans and procedures to do so safely.

Fighting Coronavirus Phishing Scams

May 1, 2020

These tips can help employees guard against new coronavirus-related phishing attacks.

Unexpected Closures Increase On-Site Property Damage Risks

May 1, 2020

Commercial facilities sitting idle may face increased risks of physical damage from hazards like fire or inadequate maintenance.

Coronavirus Causes Global Business Upheaval

April 1, 2020

Amid fallout from the COVID-19 pandemic, these risk and insurance considerations are key.

Insider Threat Costs Surge

April 1, 2020

The average global cost of insider threats has increased 31% and incident frequency has surged 47%.

A Record Decade for Natural Catastrophe Losses

March 2, 2020

Last year saw below-average natural catastrophe losses, but marked the close of a record-breaking decade of damages.

2020 Cyberrisk Landscape

February 3, 2020

From election risks and ransomware to cyber insurance, these key trends will define the ­cyberrisk landscape this year.

Year in Risk 2019

December 2, 2019

A look back at the most notable risk events of the past year shows how risk has evolved, and points to some challenges ahead for risk managers.

Enemy of the State: Ransomware Surges Against State and Local Governments

December 2, 2019

Ransomware attacks against cities present risks—and lessons—for risk professionals in all sectors.

Excellence in Risk Management India 2019

December 2, 2019

Most risk managers polled in India want to forge stronger ties between risk management and strategic planning.

The Promise and Peril of IoT Technology

November 1, 2019

Businesses and brokers say IoT will greatly impact the insurance industry in the next five years.

Board Gender Diversity Correlates to Credit Ratings

October 1, 2019

A Moody’s report found that companies with the most gender-diverse boards have the highest credit ratings.

Notepad: Risk in Review – October 2019

October 1, 2019

Hurricane Dorian losses, CEOs advocate for gun control, measles eradication status, and more.

Age Discrimination on the Rise

September 3, 2019

The EEOC has seen a notable increase in charges filed over workplace age discrimination by workers 65 and older.

Going for the Gold: Cyberrisks at the Olympic Games

August 1, 2019

As the world’s highest-profile sporting event approaches, organizers must prepare for an evolving array of cyberthreats.

New Opioid Lawsuits Hold Executives Liable

June 1, 2019

In an effort to stem the opioid crisis, prosecutors are taking their fight to the boardroom.

Economic Factors Drive Top Risks

June 1, 2019

Economic and geopolitical uncertainty marked top risks facing businesses this year, while risk readiness hit a 12-year low.

Notepad: Risk in Review – May 2019

May 1, 2019

Purdue settles opioid case, floods in the U.S. Midwest, Boeing planes grounded, and more.

The State of Risk Oversight

May 1, 2019

The <em>2019 State of Risk Oversight</em> study sheds light on the maturity of formal risk management programs.

Business Email Compromise on the Rise

May 1, 2019

Breach responders saw a 133% increase last year in business email compromise, driving a rise in cyber losses from hacking.

Changing the Game: How Dynamic Risk Strategies Are Elevating Event Security

April 1, 2019

With advanced technology and more mature risk management strategies, risk and event professionals are improving event security.

Is GDPR Compliance Paying Off?

March 1, 2019

In its 2019 Data Privacy Benchmark Study, Cisco found a correlation between GDPR preparedness and the frequency and severity of data breaches.

U.S. Slides on Corruption Index

March 1, 2019

The United States dropped out of the world’s 20 least corrupt countries for the first time since 2011.

Notepad: Risk in Review – March 2019

March 1, 2019

Spotlight on sex trafficking, a GDPR fine for Google, PG&E’s bankruptcy, and more.

The Top Business Risks for 2019

February 1, 2019

In its new Risk Map 2019, Control Risks predicted the year’s top business risks.

Global Regulation Landscape: Data Protection in 2018

December 3, 2018

As threats to data privacy and security proliferate, authorities worldwide have been increasingly active, making it a banner year for data security regulation.

Impact of Climate Disasters Surges

December 3, 2018

Direct economic losses from climate-related disasters have increased 151% over the past 20 years.

The Cyber Confidence Gap

December 3, 2018

Cyberrisks are the second-highest concern across all business sizes and industries, surpassed only by medical inflation.

Corporate Leaders Failing to Manage Reputation Risk

November 1, 2018

Despite the clearly rising stakes of reputation risk, many of the leaders best positioned to monitor and control it are failing to do so.

Hack the Vote 2: Cyberrisks to Election Infrastructure

October 1, 2018

Since we last covered cyberthreats to U.S. election infrastructure, the risks have become far more real. While much has changed, problems remain.

Reputation Risk and Social Media

October 1, 2018

A new study offers insights on the direct impact of reputation crises on share prices, particularly since the introduction of social media.

Companies Failing to Reel in Phishing Risks

September 4, 2018

Organizations admit their teams are not knowledgeable enough to identify and stop email-based threats, and the C-suite only adds to the risk.

D&O Events Drastically Underreported

September 4, 2018

Despite significant concern over liabilities, directors and officers insurance claims are significantly underreported.

Cryptojacking: How Hackers Steal Resources to Mine Digital Gold

August 1, 2018

Hackers are increasingly launching attacks that leech computing power and electricity to surreptitiously mine digital currency.

Regulatory Risk Concerns

August 1, 2018

The increasingly complex and rigorous regulatory landscape presents top challenges for compliance and procurement professionals.

Workplace Deaths on the Rise

June 1, 2018

A sharp increase in fatal workplace violence contributed to growing numbers of workers killed on the job.

Facebook Scandal Raises Data Privacy Concerns

May 1, 2018

The Facebook/Cambridge Analytica case offers lessons on the shifting data privacy landscape.

Supply Chain Risk Assessment and Mitigation Gaps

May 1, 2018

In the face of increasingly complex supply chains, companies largely lack mature processes to monitor and mitigate procurement problems.

Paws and Effect: Assistance Animals Bring Challenge and Opportunity

April 2, 2018

From service dogs to emotional support pigs, rabbits and ducks, an expanding range of assistance animals are creating new business challenges.

Only Half of Ransomware Payouts Result in Data Recovery

April 2, 2018

Only half of those who paid ransoms confirmed successfully recovering their data, while the other half saw complete data loss.

Environment, Cyberrisk Top WEF Risk Predictions

March 1, 2018

The World Economic Forum forecasts the most important global risks for 2018 and beyond.

Reputation Risk Losses Set to Spike?

March 1, 2018

Stock market conditions may leave companies poised for steep losses resulting from reputation crises in 2018.

2018 Cyberrisk Landscape

February 1, 2018

Cybersecurity is the most dynamic risk for organizations to manage. Stay ahead of the curve with these 10 key trends that will define the threat landscape.

On the Ground: Risk Management in a Historic Hurricane Season

December 1, 2017

Risk and insurance professionals who weathered 2017’s historic hurricane season share their first-hand disaster recovery experiences.

Are Corporate Leaders Ignoring Cyberrisk Lessons?

December 1, 2017

Despite another record year for cybercrime and headline-making cyberattacks, recognition of the risk may be waning among corporate leaders.

Notepad: Risk in Review – November

November 1, 2017

The Las Vegas massacre, Hurricane Maria’s impact on Puerto Rico, and more.

Cybercrime Costs Businesses $11.7 Million Per Year

November 1, 2017

The annual costs of cybercrime, number of breaches, and mitigation time to resolve them are all on the rise.

Grid: Locked — Managing the Risks of Hacking the Electric Grid

October 2, 2017

As more hackers focus on critical infrastructure, risk managers and consumers must prepare for the risks of cyberattacks on the electric grid.

Majority of U.S. Workers Report Hostile Workplaces

October 2, 2017

Whether to manage the risks of labor shortages or workplace conflict and litigation, businesses may need to take a hard look at their culture.

Notepad: Risk in Review – September

September 1, 2017

Hackers extort HBO, Kanye West v. Lloyd’s, voting machine flaws exposed, and more.

Cyberbreaches Cost Companies Billions in Long-Term Value

September 1, 2017

A typical severe cyberbreach results in the permanent loss of 1.8% of a company’s value relative to its competitors.

Ransomware Ready: How to Prepare for the Day You Get Locked Out

August 1, 2017

As widespread ransomware attacks force organizations to take the threat more seriously, it is critical to develop a clear response strategy.

The High Risk of a Low Cyber IQ

August 1, 2017

Every organization’s biggest cyberrisk is its employees—and even employees agree.

Notepad: Risk in Review – June

June 1, 2017

Hacking the French election, a unicorn fight, a reputation crisis at United Airlines and more.

Put Your Money Where Your Risk Is

June 1, 2017

Despite reporting drastically higher cyber exposure, businesses are spending four times more on insurance to cover property-related risks.

Notepad: Risk in Review - May

May 1, 2017

North Carolina’s bathroom bill repeal, the Atlantic hurricane season outlook and more.

Fighting Bribery and Corruption

May 1, 2017

A plurality of risk and compliance professionals believe the top risk to their anti-bribery and corruption program will come from third parties.

Risk Management Priorities

May 1, 2017

With increasing ERM adoption and risk management visibility, what are the top risk management priorities for 2017?

W-2 Phishing Scam Targets Tax Season

April 3, 2017

Fraudsters are using business email compromise techniques to steal W-2 information.

Q&A: Bridging the Gaps at PayPal

April 3, 2017

PayPal’s Laura Langone discusses cyber insurance and the role of education in the buying process.

BYOD Risk Meets IoT Reality

April 3, 2017

Enterprises struggle to understand just how vulnerable they are to the risks introduced by connected devices in the workplace.

Phishing with Dynamite

March 1, 2017

In 2016, phishing not only continued to grow as a cyberthreat, but was deployed more strategically to maximize profit for cybercriminals.

The Data Breach Blame Game

March 1, 2017

Not only do consumers expect businesses to manage online security risks, most said they would not do business with breached firms.

Hacking Cars

February 1, 2017

Automotive cyberrisk is not just about autonomous vehicles—today’s cars and trucks, like any other ­internet-connected devices, are vulnerable to being hacked.

The 2017 Cybersecurity Landscape

February 1, 2017

Experts believe these seven threats may pose the greatest cyberrisks for businesses this year.

The Wage Gap in the Boardroom

February 1, 2017

While board diversity is rising, minority and female directors are consistently paid less and given fewer opportunities for leadership roles.

Samsung's Vertical Integration Challenges

December 1, 2016

A massive recall of exploding phones highlights lesser-known and undervalued supply chain risks.

Can Boards Live Up to Expectations?

December 1, 2016

A majority of directors see a considerable gap between the expectations and reality of the board's ability to oversee a company.

The Rise of Ransomware

December 1, 2016

Ransomware attacks have quadrupled in 2016, and many industries are seeing a significant uptick in hacking and malware attacks.

EU Firms Complacent on Cyberrisk

November 1, 2016

While the vast majority of large businesses report suffering a breach, many are notably unprepared—and unconcerned—looking forward.

Hack the Vote: Cyberrisk at the Ballot Box

October 3, 2016

As Americans prepare for the election in November, many experts worry that hackers could be heading for the voting booth as well.

Buyers Uncertain About Cyber Insurance Payouts

September 1, 2016

Many companies that have purchased cyber insurance remain unsure whether the policy will payout for social engineering.

Data Deluge: What the Panama Papers Mean for Business

August 1, 2016

The widespread corruption and third-party data security vulnerabilities revealed in the Panama Papers scandal demand attention now.

Constant Hacking

August 1, 2016

Nine out of 10 businesses experienced at least one hacking incident in the past year, yet risk managers may be doing less on some critical measures.

Organizations Lack Confidence About Reputation Risk

June 1, 2016

Most rank their organizations above-average at building reputation, but they appear unequipped to identify and mitigate against the risks.

Ransomware Attacks Pose Growing Threat

May 2, 2016

Recent ransomware attacks highlight a rapidly expanding cyberrisk vector.

As Regulations Change, Risks Stay the Same

May 2, 2016

Board members and top-level executives continue to be most concerned about regulatory risk.

Leashing the Risks of Pets in the Workplace

April 1, 2016

With more companies becoming pet-friendly, employers must develop plans to minimize liability.

Cyber Ignorance Is Not Bliss

April 1, 2016

More than 40% of executives are either unsure whether their companies have formal cybersecurity protocols in place or do not understand them.

Dia de la Crisis: The Chipotle Outbreaks Highlight Supply Chain Risks

March 1, 2016

The fallout from outbreaks that sickened hundreds of Chipotle customers illustrates the many risks of supply chain failures.

10 Cyberthreat Predictions for 2016

March 1, 2016

While cyberrisks constantly evolve, information security experts try to map this year's threat landscape.

The Devil in the Details

February 1, 2016

Exploiting psychology more than technology, social engineering fraud has become one of the fastest-growing corporate crime threats.

Record Heat Fuels Climate Change Concerns

February 1, 2016

Amid landmark temperatures, nations look to mitigate the mounting dangers of climate change.

The 2015 Data Breach Toll

February 1, 2016

According to the Identity Theft Resource Center, 2015 saw 780 data breaches that exposed a total of 177,866,236 records.

6 Tips to Reduce the Risk of Social Engineering Fraud

February 1, 2016

While it is impossible to eliminate the threat of social engineering fraud, there are several easy—and often inexpensive—ways businesses can reduce the risks.

How the NSA's First CRO is Integrating Risk Management Into National Security

December 1, 2015

Anne Neuberger, the NSA's first CRO, discusses building an ERM program and the role risk management plays in national security.

Volkswagen Rocked By Emissions Fraud Scandal

December 1, 2015

As Volkswagen's emissions scandal unfolds, legal, regulatory and reputational damages mount.

The Real Data at Risk

December 1, 2015

Loss of intellectual property can have catastrophic implications, but many businesses may be overlooking the risk.

Preparing for an Active Shooter Incident

November 2, 2015

As shootings become more frequent, employers must develop plans to protect their employees.

Insurance By and For Women

November 2, 2015

Women present both the biggest emerging insurance market and untapped labor force.

The Risks of Mobile Payment Technology

November 2, 2015

Few experts believe mobile payment technology is secure, but they are still using it.

Developing a Cyberbreach Strategy

October 1, 2015

The biggest factor in surviving a data breach is how well you prepare.

Regulating Cybersecurity: Talking with FTC Commissioner Terrell McSweeny

October 1, 2015

The Federal Trade Commission has been increasing its efforts to ensure data privacy.

Implications of the Ashley Madison Hack

October 1, 2015

The most salacious data breach to date highlights the evolving nature of hacking risk.

The Rise of Malvertising

October 1, 2015

Attackers are distributing malware through ads on legitimate websites, making even more of the internet "untrustworthy."

Risk Management Education Takes Root on College Campuses

September 1, 2015

Risk management programs are cropping up on campuses across the country to meet growing industry needs.

Developing a Strategy for Transgender Workers

September 1, 2015

Employers need to ensure a safe and compliant workplace for transgender employees.

Is the Insurance Industry Improving for Women?

September 1, 2015

A majority of women in insurance believe the industry is making progress, but it still may lag behind other financial services sectors.

Texas Floods Highlight Urban Vulnerability

August 3, 2015

Recent storms show how urbanization magnifies the impact of natural catastrophes.

Q&A: Taking a Broader Risk Perspective

August 3, 2015

FM Global's Bret Ahnell discusses resiliency, risk mitigation and the insurance market.

Tech Assets More Exposed Than Physical Assets

August 3, 2015

Information technology assets are now often as valuable as property assets, if not more so, but insurance protection lags.

Food Safety Upgrades Stalled by Funding

June 2, 2015

Critical improvements to food safety regulation have so far been undercut by Congress.

Cybersecurity Reevaluation

June 2, 2015

Establishing the strongest threat intelligence and breach response program may require a reevaluation of how the business looks at technology staff.

Emergency Planning for Animals

May 1, 2015

Citizens and regulators alike increasingly demand that emergency plans take animals into account.

Nat Cat Losses Level Off

May 1, 2015

Global economic losses from natural catastrophes have remained about the same over the past 20 years.

Drones Take Flight

April 1, 2015

Unmanned aerial vehicles offer insurers the opportunity to enhance the way they do business, while also demanding they come up with new solutions.

Measles in the Workplace

April 1, 2015

The current measles outbreak has raised questions about employers' obligations and liabilities.

Executives Looking Inward for Greatest Risks in 2015

April 1, 2015

C-suite executives and board members see some of the biggest challenges now come from within the organization.

Sony Faces Lawsuits After Data Breach

March 2, 2015

In the wake of an embarrassing cyberattack, Sony employees have filed class actions.

Natural Catastrophe Losses Below Average in 2014

March 2, 2015

Global natural disasters caused drastically lower economic and insured losses in 2014.

Kidnap and Ransom in the Wake of ISIS

February 2, 2015

The brutal actions of ISIS terrorists only scratch the surface of today's kidnapping risk.

Lightning Strikes on the Rise?

February 2, 2015

By 2100, scientists predict lightning strikes in the continental United States will increase by 50%.

Using Cat Bonds for Climate Change Risks

December 2, 2014

African nations are turning to cat bonds as an alternative way to adapt to climate change.

IT Execs Doubt Their Companies' Data Security

December 2, 2014

A quarter of security and IT executives worldwide would not trust their own company to store and manage their personal data.

Cybersecurity Planning Up, But Training Lags

November 1, 2014

Businesses still are not doing enough to prepare for a cybersecurity crisis.

Money Laundering and Terrorism

October 1, 2014

The Basel AML assessment ranks countries’ money laundering and terrorism financing risk.

Users Not Grasping Social Media Risks

October 1, 2014

Most customers enjoy a false sense of security when it comes to social media risk.

Feeding an Appetite for Trust

September 1, 2014

Charlie Arnot of the Center for Food Integrity discusses food safety and consumer trust.

Coming to a Head

September 1, 2014

Water scarcity has forced American breweries to implement sustainability measures.

In Banks We Trust

September 1, 2014

Customers increasingly believe that financial institutions do a better job protecting their data than retailers or the government .

World's Deadliest Mine Disasters

August 1, 2014

Turkey’s recent mine explosion highlights the dangerous history of mining worldwide.

Space: Risk's Final Frontier

August 1, 2014

As private enterprises look to the stars for new business opportunities, companies and insurers alike must consider how to navigate the risks.

Going Global, Growing Risk

August 1, 2014

Businesses expect to increase overseas activity but many are unprepared for the additional risks of operating on a global scale.

Data Breach Costs on the Rise

August 1, 2014

Data breaches cost companies15% more than last year.

Wal-Mart Challenges China on Food Safety

June 1, 2014

After $10 million in fines, the world’s biggest retailer is taking a stand on food safety regulations in China.

Mining Big Gains from Big Data

June 1, 2014

The benefits of big data technology for fraud prevention and detection.

Improving Board Efficacy

May 1, 2014

The value of refreshing the ranks of the board.

Is Recession Damage Permanent?

May 1, 2014

The recession may have had a lasting impact on the economy.

No Butts About Cigarette Ban for CVS

May 1, 2014

The pharmacy chain’s decision to stop selling tobacco products may bolster both its reputation and revenue.

Making Cents of Bitcoin

May 1, 2014

As investors and consumers get involved with bitcoin and put millions of dollars at risk, regulatory oversight becomes a pressing concern.

Hacking Away at the Bottom Line

March 1, 2014

Target’s data breach highlights the costly risks retailers and card companies face from cybercriminals.

Drug Use on the Job

February 1, 2014

Drug use on the job.

Injuries in the Public Sector

February 1, 2014

Workplace injuries in the public sector.

Icing Olympic Hockey Risk

February 1, 2014

NHL players face challenges as they prepare for the Winter Olympics in Sochi—as do their teams.

Wildfires Burn a Trail for Insurers

December 1, 2013

Drought conditions and new property development have contributed to a more dangerous wildfire season.

Cosmetics Recall Saves Face

December 1, 2013

After an embarrassing recall, a thorough company response has helped restore confidence in the brand.

Integrity Risk

December 1, 2013

Evaluating third party integrity risk.

Economic Impact of Depression

November 1, 2013

The economic impact of depression.

“Use By” Leaves Food Unused

November 1, 2013

Misunderstood expiration labels cost the food industry, and consumers, billions of dollars every year.

Gender and Corporate Fraud

October 1, 2013

The corporate fraud gender gap.

Climate Change Bringing More Severe Wildfires

October 1, 2013

Wildfire frequency.

The Social Media Balancing Act

October 1, 2013

Attorney and author Adam Cohen discusses corporate social media risks and the need for a company policy.

Taking Cybersecurity Seriously

October 1, 2013

As more organizations begin to understand the threats, cybersecurity is becoming a risk management priority.

Reputation Reality

September 12, 2013

Reputation risk.

Blackouts

September 1, 2013

Ironically, all the technological advancement in the world is not always enough to keep the lights on.