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.
Risk Management
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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.
We hear a lot today about the cybersecurity risks we face but to protect our families, it’s crucial not to forget the importance of effectively managing personal and physical security. In this chapter, we explore a risk-based approach to the personal and physical dimensions of family security and offer actionable insights you can put into practice straight away.
Family enterprises face an increasingly uncertain and risky world due to developments in the economy, geopolitics, financial markets, technology, and industry competition. In order to navigate this turbulent paradigm, family enterprises need to develop a culture of creativity and vitality that will allow them to adapt and eventually become a more resilient family. In addition, they can develop strategies to mitigate systemic risks.
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.
Winter-related claims add up to over $1 billion each year across the insurance industry. One common—yet often overlooked—cause of costly damage is ice damming. By taking proactive measures and making crucial upgrades to your home, you can help prevent ice damming damage.