Insurance

By Jody Westby for LeadersEdge.com Experts predict that a company will be hit with ransomware every 11 seconds and the cost of these attacks will be $20 billion by the end of 2021. Why has ransomware been so successful? Two reasons: (1) companies have not developed and tested backup/recovery plans that enable them to fully restore systems encrypted by ransomware, and (2) they have not encrypted their data at rest. If an organization hit by ransomware has encrypted its data at rest and has full backup/restoration capabilities, it can just restore its systems, and the cyber criminals have to go elsewhere. The reality, however, is that many companies rolled the dice and chose not to fund the development of backup/recovery …

Sponsored by Occupational Safety and Health Administration, US DOL Every year, dozens of workers die and thousands more become ill while working in extreme heat or humid conditions. There are a range of heat illnesses and they can affect anyone, regardless of age or physical condition. The informal kickoff date for the campaign is the Friday before Memorial Day – this year, Friday, May 22, 2021. Employer Responsibility to Protect Workers Under OSHA law, employers are responsible for providing workplaces free of known safety hazards. This includes protecting workers from extreme heat. An employer with workers exposed to high temperatures should establish a complete heat illness prevention program. Provide workers with water, rest and shade. Allow new or returning workers …

By Jared Shelly for Risk&Insurance.com A deadly virus and unruly passengers have shaken aviation safety. Crew members are bearing the brunt of a new wave of passenger harassment while the dangers of contracting COVID-19 are ever present. “Flight attendants have become the mask police,” said Nicole, whose real name is being withheld because she’s not permitted to speak publicly. “My number one job is not to serve drinks. It’s to keep people safe. But it became exhausting.” And, it’s not just impacting aviation. Insurance implications Unlike other industries, “there are no COVID-19 exclusions in aviation liability insurance,” said Brad Meinhardt, area executive vice president and managing director of aviation at Arthur J. Gallagher, “but such exclusions have started to appear …