Tag Archives: banking

When Banks and Insurers Move Together: Why Systemic Risk Lives in the Tails?

Why bank–insurance linkages matter more than ever? The global financial system no longer operates in silos. Over the past two decades, a significant convergence has occurred: banks have expanded into insurance and asset management, while insurers have deepened their presence in capital markets through corporate bonds, private equity, derivatives, and structured products (Bernardi & Petrella, […]

Scary Spear-Phishing Attack

On Wednesday, November 27, 2019 I experienced a scary spear-phishing cyber attack. Emotionally I was humiliated. I felt extremely vulnerable and violated. I felt helpless and deeply incapacitated. What is a spear-phishing attack? According to www.kaspersky.com, spear phishing is an email or electronic communication scam targeted towards a specific individual, organization or business. The purpose […]