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Verisk announces new CEO

Lee Shavel will head the data analytics provider following the Jersey City-based company’s yet-to-be-scheduled 2022 annual meeting. Additionally, current COO Mark Anquillare will become president at that time.

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What you don’t know …

After a 2017 global malware attack that disrupted Merck’ s worldwide operations — including manufacturing, research and sales — the giant drugmaker was shocked when its insurance carrier declined to cover the estimated billion-dollar-plus of losses caused by the cybercrime.

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Securing supply chains

A small towing company in New Jersey got a shock when its biggest client — an international bank — said the local firm had to beef up its IT security and go through an annual third-party security audit to keep the bank as a client.

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