RedCircle VERIFY_TOKEN_be4716cb-b686-4780-8c66-f5d1180f60ea -- Rendered At Thu, 28 May 2026 09:16:03 +0000 Risky Business https://redcircle.com/shows/risky-business en-US All rights reserved. Commercial Insurance, Clearly Explained Edward Sedgwick Risky Business is a commercial insurance education podcast for business owners and decision-makers. Each episode explains real-world risks—cybercrime, fraud, workplace violence, liability, and regulatory change—and how insurance and risk management work together to protect organizations. Clear, practical insight with no sales pitch. be4716cb-b686-4780-8c66-f5d1180f60ea Risky Business is a commercial insurance education podcast for business owners, executives, and decision-makers who want to better understand risk before it becomes a claim. Each episode breaks down real-world threats—from cybercrime and fraud to workplace violence, liability, and regulatory change—and explains how insurance, risk management, and prevention strategies work together to protect businesses.

Hosted by industry professionals at Butler Byers, the show focuses on practical insights, emerging risks, and how insurers evaluate exposure in today’s business environment. No jargon. No scare tactics. Just clear explanations of what’s changing, why it matters, and what organizations should be thinking about now.

If you’re responsible for protecting a business, Risky Business helps you make smarter, more informed decisions about commercial insurance and risk.

]]> episodic no Edward Sedgwick ed@rockandbloom.com no full BEC Scams Explained: Why Your Backups Won't Save You from Business Email Compromise BEC Scams Explained: Why Your Backups Won't Save You from Business Email Compromise 4 1 Edward Sedgwick The cyber scam costing businesses millions without malware Business Email Compromise (BEC) scams are one of the fastest-growing and most costly forms of cybercrime. In this episode, we explain how BEC scams work, why they’re so difficult to detect, and how criminals manipulate employees into authorizing fraudulent payments. We also cover where cyber insurance may respond, where it won’t, and what controls businesses can put in place to reduce exposure. Protect your business from one of the most sophisticated and costly cyber threats: Business Email Compromise (BEC) Scams.

For more expert advice on commercial risk reduction and insurance, and to contact Butler Byers for the free BEC Scams Guide discussed in this podcast, visit their website: 🌐 https://butlerbyers.com/

What is a BEC Scam? Commercial Risk Reduction Specialist Colin Rooke of Butler Byers joins Paul Martin to dispel the myths around 'cyber' and reveal what a cyberattack actually looks like for most businesses: a deliberate, targeted BEC scam. Learn why these criminals are not after your backups or credit card data, but are instead focused on key executives with access to company funds.

In this episode, you will learn:

Why the average successful BEC scam costs companies $4.9 million.

How cybercriminals use your company's website, LinkedIn, and even AI to research and target a single person.

Why top-level executives (CEO/CFO) are the most vulnerable targets.

The surprising tactics criminals use to impersonate IT and attorneys to steal data and money.

The bad guys are putting in the work, and so must you. Contact Butler Byers to get the quick-read guide (5-10 minutes) and learn how to recognize and repel these attacks.

Host: Paul Martin, Business Commentator

Guest: Colin Rooke, Commercial Risk Reduction Specialist with Butler Byers

Podcast: Risky Business Commercial Insurance with Butler Byers


00:00 – Introduction & why BEC scams are exploding

00:40 – What a Business Email Compromise scam looks like

01:55 – Why BEC scams are harder to detect than ransomware

03:20 – The psychology behind successful BEC attacks

04:40 – Real-world examples of payment diversion fraud

06:10 – Why traditional cyber defenses often fail

07:25 – The role of social engineering in BEC losses

08:45 – How criminals impersonate vendors and executives

10:05 – The financial impact of a single successful BEC attack

11:30 – Why banks often can’t recover stolen funds

13:00 – Where cyber insurance responds — and where it doesn’t

14:30 – Internal controls that reduce BEC exposure

16:00 – Training staff to spot red flags

17:15 – Final advice for businesses handling payments

]]> <p>Protect your business from one of the most sophisticated and costly cyber threats: Business Email Compromise (BEC) Scams.</p><p>For more expert advice on commercial risk reduction and insurance, and to contact Butler Byers for the free BEC Scams Guide discussed in this podcast, visit their website: 🌐 https://butlerbyers.com/</p><p>What is a BEC Scam? Commercial Risk Reduction Specialist Colin Rooke of Butler Byers joins Paul Martin to dispel the myths around &#39;cyber&#39; and reveal what a cyberattack actually looks like for most businesses: a deliberate, targeted BEC scam. Learn why these criminals are not after your backups or credit card data, but are instead focused on key executives with access to company funds.</p><p>In this episode, you will learn:</p><p>Why the average successful BEC scam costs companies $4.9 million.</p><p>How cybercriminals use your company&#39;s website, LinkedIn, and even AI to research and target a single person.</p><p>Why top-level executives (CEO/CFO) are the most vulnerable targets.</p><p>The surprising tactics criminals use to impersonate IT and attorneys to steal data and money.</p><p>The bad guys are putting in the work, and so must you. Contact Butler Byers to get the quick-read guide (5-10 minutes) and learn how to recognize and repel these attacks.</p><p>Host: Paul Martin, Business Commentator</p><p>Guest: Colin Rooke, Commercial Risk Reduction Specialist with Butler Byers</p><p>Podcast: Risky Business Commercial Insurance with Butler Byers</p><p><br></p><p>00:00 – Introduction &amp; why BEC scams are exploding</p><p>00:40 – What a Business Email Compromise scam looks like</p><p>01:55 – Why BEC scams are harder to detect than ransomware</p><p>03:20 – The psychology behind successful BEC attacks</p><p>04:40 – Real-world examples of payment diversion fraud</p><p>06:10 – Why traditional cyber defenses often fail</p><p>07:25 – The role of social engineering in BEC losses</p><p>08:45 – How criminals impersonate vendors and executives</p><p>10:05 – The financial impact of a single successful BEC attack</p><p>11:30 – Why banks often can’t recover stolen funds</p><p>13:00 – Where cyber insurance responds — and where it doesn’t</p><p>14:30 – Internal controls that reduce BEC exposure</p><p>16:00 – Training staff to spot red flags</p><p>17:15 – Final advice for businesses handling payments</p> 84fb84d0-7ff6-4cbc-9f5c-92aa3933f5bc https://butlerbyers.com/business-insurance/risky-business-podcast/business-email-compromise-bec-scams/ Mon, 26 Jan 2026 22:10:14 +0000 1054 no full Risk Alert! How to Mitigate Workplace Violence and Get Better Insurance Rates Risk Alert! How to Mitigate Workplace Violence and Get Better Insurance Rates 3 1 Edward Sedgwick What new workplace violence rules mean for employers Workplace violence prevention is no longer optional. This episode explores new legislative requirements around violence prevention plans, what qualifies as workplace violence, and why many employers are unaware they’re now required to comply. We discuss insurance implications, risk management expectations, and how having a proper plan in place can affect coverage and claims. Are you a business owner in Saskatchewan? There's new legislation you need to know about! In this episode of Risky Business Commercial Insurance, host Paul Martin is joined by commercial risk reduction specialist Colin Rooke of Butler Buyers, along with Grant Douziech and Sherry Timmerman from Apex Performance Consultants, to discuss the mandatory workplace violence policy and prevention plan.

Since May 2024, every employer in Saskatchewan is required to have this plan in place under The Saskatchewan Employment Act. We dive into:

The Mandate: Why the Saskatchewan government extended this protection to all employers and contractors, not just high-risk industries.

The Insurance Angle: How having a proper plan implemented can help you secure better coverage and rates with your insurance provider, especially for employment practices liability.

Employer Obligations: What the legislation requires, including investigation procedures for any violent incidents.

Defining 'Violence': Understanding that it can include verbal threats and heated arguments, not just physical harm.

Next Steps: Resources for businesses feeling overwhelmed and how experts can help implement the required policy and plan.

Don't wait for litigation—get proactive about your risk management!


Guests:


Colin Rooke, Commercial Risk Reduction Specialist, Butler Buyers


Grant Douziech, Apex Performance Consultants


Sherry Timmerman, Apex Performance Consultants



00:00 – Introduction & why this issue is flying under the radar

00:45 – What “workplace violence” actually includes (it’s broader than you think)

02:10 – New Saskatchewan legislation explained

03:55 – Why every employer is now required to comply

05:10 – Industries that triggered the legislative change

06:35 – Why most business owners don’t know this exists

07:45 – The compliance gap facing small and mid-sized businesses

09:10 – Insurance implications: employment practices liability

10:45 – How insurers view businesses without a prevention plan

12:05 – What a violence prevention plan must include

13:30 – Incident reporting, investigations, and documentation

15:05 – Real-world examples that qualify as workplace violence

16:45 – How risk reduction strengthens your insurance position

18:00 – Final takeaways for business owners

]]> <p>Are you a business owner in Saskatchewan? There&#39;s new legislation you need to know about! In this episode of Risky Business Commercial Insurance, host Paul Martin is joined by commercial risk reduction specialist Colin Rooke of Butler Buyers, along with Grant Douziech and Sherry Timmerman from Apex Performance Consultants, to discuss the mandatory workplace violence policy and prevention plan.</p><p>Since May 2024, every employer in Saskatchewan is required to have this plan in place under The Saskatchewan Employment Act. We dive into:</p><p>The Mandate: Why the Saskatchewan government extended this protection to all employers and contractors, not just high-risk industries.</p><p>The Insurance Angle: How having a proper plan implemented can help you secure better coverage and rates with your insurance provider, especially for employment practices liability.</p><p>Employer Obligations: What the legislation requires, including investigation procedures for any violent incidents.</p><p>Defining &#39;Violence&#39;: Understanding that it can include verbal threats and heated arguments, not just physical harm.</p><p>Next Steps: Resources for businesses feeling overwhelmed and how experts can help implement the required policy and plan.</p><p>Don&#39;t wait for litigation—get proactive about your risk management!</p><p><br></p><p>Guests:</p><p><br></p><p>Colin Rooke, Commercial Risk Reduction Specialist, Butler Buyers</p><p><br></p><p>Grant Douziech, Apex Performance Consultants</p><p><br></p><p>Sherry Timmerman, Apex Performance Consultants</p><p><br></p><p><br></p><p>00:00 – Introduction &amp; why this issue is flying under the radar</p><p>00:45 – What “workplace violence” actually includes (it’s broader than you think)</p><p>02:10 – New Saskatchewan legislation explained</p><p>03:55 – Why every employer is now required to comply</p><p>05:10 – Industries that triggered the legislative change</p><p>06:35 – Why most business owners don’t know this exists</p><p>07:45 – The compliance gap facing small and mid-sized businesses</p><p>09:10 – Insurance implications: employment practices liability</p><p>10:45 – How insurers view businesses without a prevention plan</p><p>12:05 – What a violence prevention plan must include</p><p>13:30 – Incident reporting, investigations, and documentation</p><p>15:05 – Real-world examples that qualify as workplace violence</p><p>16:45 – How risk reduction strengthens your insurance position</p><p>18:00 – Final takeaways for business owners</p> a689e89d-c356-49ed-ba2a-fa26b073422d https://butlerbyers.com/business-insurance/risky-business-podcast/violence-prevention-plan/ Mon, 26 Jan 2026 22:05:03 +0000 1044 no full 4,000 Ransomware Attacks a Day?! The Hidden Cyber Crisis 4,000 Ransomware Attacks a Day?! The Hidden Cyber Crisis 2 1 Edward Sedgwick Why ransomware is surging again—and what it means for businesses Ransomware is back in force, with 2023 setting new records for attacks and payouts. In this episode, we break down why ransomware surged after a brief decline, how cybercriminals have shifted from system encryption to data extortion, and what these changes mean for businesses of all sizes. Learn how insurers view ransomware risk today and what organizations should be thinking about before an attack happens. Ransomware is back—and it’s bigger than ever.

2023 shattered records for cybercrime payouts, with attacks now happening 4,000 times a day in the U.S. alone. But here’s the twist: hackers aren’t just locking your systems anymore—they’re stealing your most sensitive data and threatening to leak it.


In this episode of Risky Business, Paul Martin and Colin Rook dive into:


Why ransomware spiked after a brief dip in 2022


How criminals shifted from encryption to pure extortion


The shocking stats every business leader needs to know for 2024


What small and mid-sized businesses can do right now to protect themselves


If you think cyberattacks only happen to “the big guys”—think again.


00:00 – Introduction & year-end cyber trends

00:50 – Ransomware makes a major comeback

02:10 – Why cybercriminals shifted away from AI-driven attacks

03:20 – Ransomware payouts surge and success rates climb

04:00 – Cybercrime as a for-profit industry

05:30 – The shift from data encryption to data extortion

06:55 – State-sponsored cybercrime and geopolitical ties

07:45 – Why paying the ransom doesn’t protect you anymore

09:15 – How cybercriminals are evolving their targets

10:15 – Third-party vendors become the new weak point

12:00 – Where cyber risk is heading in 2024–2025

13:25 – Why businesses need heavyweight cyber protection

14:25 – How cyber insurance helps identify hidden threats

16:15 – What small and mid-sized businesses can do now

17:10 – 4,000 ransomware attacks per day: final warning


👉 Learn how Butler Buyers can help protect your business: https://butlerbuyers.ca


#CyberSecurity #Ransomware #SmallBusiness

]]> <p>Ransomware is back—and it’s bigger than ever.</p><p>2023 shattered records for cybercrime payouts, with attacks now happening 4,000 times a day in the U.S. alone. But here’s the twist: hackers aren’t just locking your systems anymore—they’re stealing your most sensitive data and threatening to leak it.</p><p><br></p><p>In this episode of Risky Business, Paul Martin and Colin Rook dive into:</p><p><br></p><p>Why ransomware spiked after a brief dip in 2022</p><p><br></p><p>How criminals shifted from encryption to pure extortion</p><p><br></p><p>The shocking stats every business leader needs to know for 2024</p><p><br></p><p>What small and mid-sized businesses can do right now to protect themselves</p><p><br></p><p>If you think cyberattacks only happen to “the big guys”—think again.</p><p><br></p><p>00:00 – Introduction &amp; year-end cyber trends</p><p>00:50 – Ransomware makes a major comeback</p><p>02:10 – Why cybercriminals shifted away from AI-driven attacks</p><p>03:20 – Ransomware payouts surge and success rates climb</p><p>04:00 – Cybercrime as a for-profit industry</p><p>05:30 – The shift from data encryption to data extortion</p><p>06:55 – State-sponsored cybercrime and geopolitical ties</p><p>07:45 – Why paying the ransom doesn’t protect you anymore</p><p>09:15 – How cybercriminals are evolving their targets</p><p>10:15 – Third-party vendors become the new weak point</p><p>12:00 – Where cyber risk is heading in 2024–2025</p><p>13:25 – Why businesses need heavyweight cyber protection</p><p>14:25 – How cyber insurance helps identify hidden threats</p><p>16:15 – What small and mid-sized businesses can do now</p><p>17:10 – 4,000 ransomware attacks per day: final warning</p><p><br></p><p>👉 Learn how Butler Buyers can help protect your business: https://butlerbuyers.ca</p><p><br></p><p>#CyberSecurity #Ransomware #SmallBusiness</p> 4996d34d-8d7d-4bb6-93c8-d24a6ee6f417 https://butlerbyers.com/business-insurance/risky-business-podcast/cyber-market-update-ransomware-returns/ Mon, 26 Jan 2026 22:01:53 +0000 1094 no full AI and Insurance: What Leaders Need to Prepare For AI and Insurance: What Leaders Need to Prepare For 1 1 Edward Sedgwick How artificial intelligence is changing workplace risk and insurance Artificial intelligence is rapidly reshaping how businesses operate—but it’s also introducing new risks that leaders need to understand. In this episode, we explore how AI is affecting productivity, workforce dynamics, cybersecurity, and legal accountability. We discuss why insurers are paying close attention to AI use, how poorly governed AI can create exposure, and what businesses should be thinking about now to reduce risk. The episode also highlights an emerging cyber threat tied to AI adoption that many organizations overlook. Artificial intelligence is exploding into the workplace — boosting productivity, reshaping jobs, and raising serious new risks. In this episode of Risky Business with Butler Byers, Paul Martin and Colin Rooke break down:


How AI will change the way we work in 2024 and beyond


The dangers of job insecurity and workforce unrest


Cyber threats you’ve probably overlooked — like QR codes


Why business leaders and insurers need to get ahead of AI’s risks now


👉 Stay informed, stay protected, and prepare your business for the AI era.


00:00 Intro  

01:10 How AI Is Changing the Modern Workplace  

03:16 AI Is Here to Stay  

07:31 Productivity vs. Job Security  

08:41 The Hidden Cyber Risks of AI  

11:22 The Dangers of Unchecked AI Content  

13:53 Preparing Your Workforce for AI  

15:14 QR Codes The Cyber Threat You Missed  

16:53 QR Codes in Your Living Room  

17:34 Final Thoughts Staying Ahead of AI Risks


]]> <p>Artificial intelligence is exploding into the workplace — boosting productivity, reshaping jobs, and raising serious new risks. In this episode of Risky Business with Butler Byers, Paul Martin and Colin Rooke break down:</p><p><br></p><p>How AI will change the way we work in 2024 and beyond</p><p><br></p><p>The dangers of job insecurity and workforce unrest</p><p><br></p><p>Cyber threats you’ve probably overlooked — like QR codes</p><p><br></p><p>Why business leaders and insurers need to get ahead of AI’s risks now</p><p><br></p><p>👉 Stay informed, stay protected, and prepare your business for the AI era.</p><p><br></p><p>00:00 Intro  </p><p>01:10 How AI Is Changing the Modern Workplace  </p><p>03:16 AI Is Here to Stay  </p><p>07:31 Productivity vs. Job Security  </p><p>08:41 The Hidden Cyber Risks of AI  </p><p>11:22 The Dangers of Unchecked AI Content  </p><p>13:53 Preparing Your Workforce for AI  </p><p>15:14 QR Codes The Cyber Threat You Missed  </p><p>16:53 QR Codes in Your Living Room  </p><p>17:34 Final Thoughts Staying Ahead of AI Risks</p><p><br></p> 608d5f2a-6787-42fa-84c9-41488cfc32c7 https://butlerbyers.com/business-insurance/cyber-insurance/ Mon, 26 Jan 2026 21:12:22 +0000 1063 no