Category Archives: Tech Media Telecom

IoT: With Great Potential Come Great Security Challenges

internet of things

The world is becoming increasingly digital, driven by near ubiquitous wireless connectivity, inexpensive processing, ever-more sophisticated sensor solutions, and proliferation of internet- connected devices. Continue reading →

Convergence and Social Media Influence Across Industries

TMT convergence

Social media is causing an interesting convergence of sectors within technology, media and telecommunications (TMT). Technology firms are finding themselves becoming social media companies. Telecommunication firms are finding themselves in the tech business. It’s not exactly “dogs and cats living … Continue reading →

Nanotechnology: Risks of the Sixth Revolutionary Technology

nanotechnology

Humanity’s ability to control matter at the nanoscale (approximately 1 to 100 nanometers) is improving. This growing capability will have a revolutionary impact on industries such as manufacturing and engineering—primarily because at that size level, matter takes on different qualities … Continue reading →

Vehicles of the Future Pose New Product Recall Risk

car concept

It was recently reported that Apple has started the process of attracting automotive engineers to work on a new initiative. Elon Musk’s well-known brand, Tesla, is currently synonymous with electric vehicle technology, but it is likely that the space will … Continue reading →

The Machines Are Coming: What Does That Mean for Liability?

robot

From Dilbert to Davos, Artificial Intelligence (AI) is entering the mainstream. Goldman Sachs believes we are “on the cusp of a period of more rapid growth in its use and applications”. Gartner describes it as “a juggernaut trend for the … Continue reading →

IP Mismanagement and D&O Shareholder Derivative Actions

broken light bulb

Until recently, cyber security was not a prominent issue for oversight by boards of directors. Intellectual property (IP) board oversight even less so: Boards were aware of its potential financial impact from the periphery yet perceived it to be a … Continue reading →

A Risk and Insurance Christmas Carol

Modern Ebenezer Scrooge

In Charles Dickens’ classic, A Christmas Carol, we join a forlorn Ebenezer Scrooge on a journey across his past, present and future. This timeless tale shows us that a lack of perspective, perception and reflection can set us, and those … Continue reading →

Scariest Risks of 2014

Scariest risks 2014

As risk advisors, WillisWire bloggers tend to think less of ghouls and goblins during the Halloween season than of the frightening real risks our clients face. This year they faced more than their share of new ones, with ISIS, Ukraine, … Continue reading →

Our Scariest Tech-Media-Telecom Risk – Vulnerabilities in Emerging Markets

Scariest risks 2014

Today’s technology, media and telecommunications (TMT) companies are fast expanding in a complex and often violent world. With operations and supply chain dependencies in frontier and emerging markets, their growth is often exponential, and further opportunities abound. However, exposure to natural … Continue reading →

Unlimited Paid Time Off. The Future or a Fad?

beach vacation

With so much talk about the importance of a healthy work-life balance, it may be a surprise to learn that Americans work longer hours and take fewer days off per year than workers in many countries around the world. Yet, … Continue reading →