Ransomware is one of several common cybersecurity risks companies face today. In addition to being a victim of a cyber attack, these companies may become the target of lawsuits alleging a variety of harms, including failure to deliver contractual promises and negligent cybersecurity practices. By being prepared and employing practical strategies, companies can safeguard against a ransomware attack and mitigate other cybersecurity risks.
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Environmental, social, and governance (ESG) has become the next frontier in risk mitigation and long-term value creation. While ESG introduces high-stakes responsibilities for the board, it rests on the same overriding principles of traditional governance, including communicating execution of a strategy in alignment with corporate purpose, vision, and values. Forward-thinking boards will lean into ESG and view it is as an opportunity to improve business resilience while contributing to the greater benefit of all stakeholders.
The C-suite faces tough operational obstacles as competition for talent remains fierce and employers experience higher-than-average turnover. In navigating the challenges, this report addresses the current and upcoming trends in healthcare, compliance and benefits, and provides practical solutions for employers to negotiate these challenges.
Corporate insiders pose a unique threat as they are given privileged access to the company’s assets and are trusted to use that access responsibly and ethically. However, this can go awry in several ways, from unintentional, negligent acts to intentional, malicious acts. To help prevent, detect, and respond to that threat, it’s important to address the three key risks when evaluating your Insider Threat Program.
It is important for families to develop a comprehensive risk management strategy as they navigate the blessings and burdens, as well as the choices and challenges, that come with significant wealth. This piece focuses on the potential insurance risks and costs associated with life's milestones and possessions.
While China has denied engaging in espionage efforts as outlined in the joint warning from the U.S. and British law enforcement agencies, it is crucial for businesses to defend against the threat and the cybersecurity attacks that can come at any time from any nation state threat actors. Businesses of all kinds should consider immediate and ongoing actions to protect their intellectual property and critical infrastructure activities, beginning with reviewing patching policies and procedures.
Diving deep into the metrics from more than 1,270 data security incidents, this one-of-a-kind report features actionable insights and checklists to help companies improve their data security measures and operational resilience. Key findings reveal ransomware remains front and center; companies are becoming more resilient after making investments in security enhancements; a change in the risk landscape with the use of cloud assets; and e-crime continuing with a surge in wire fraud.
On August 24, 2022, the California Attorney announced a settlement with Sephora, Inc. that included a fine of $1.2 million for alleged violations of the California Consumer Privacy Act (CCPA). The settlement is important because it makes clear that the use of analytics, advertising cookies, and other automatic data collection technologies are a "sale" under the CCPA. Businesses that are subject to the CCPA (and the upcoming CPRA) should immediately review their CCPA compliance to minimize being a potential target of further enforcement actions.
The best time to install protective devices or materials in your home is during a renovation, addition, or new construction. Consider the following recommendations early in your planning stages to increase safety, lessen the likelihood of damage, and help minimize installation costs. Some proactive measures may even result in savings on your homeowners insurance premium.
The best time to prepare your home for the cold weather, snowfall, ice accumulation, and storms is before winter sets in. For added protection, recommended tips are provided to help you get a head start.