2015 risk management outlook hinges on evolving cyber and catastrophe risks

An issue that looks to remain a primary challenge for risk management professionals and insurers alike in 2015 is cyber risk and a rising number of attacks. A series of data breaches in 2014, capped by a major breach at Home Depot Inc. and fallout from 2013's holiday shopping season breach at Target Corp. have made cyber risk "a big concern," said Stephan Upshaw, Chicago-based vice president of risk management at apartment complex owner Equity Residential.



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