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Preparing For The Big One

Chief Executive

Industrywide loss ratios (claim costs divided by earned premiums) increased from 43 percent in 2016 to 65.4 An Effective Response Against this backdrop, CFOs need to become more involved in their company’s cybersecurity and related risk management and insurance processes.

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IT strategic plan (beginner’s guide)

Walk Me

The core components of an IT strategic plan are IT objectives (which must align with general business goals), the strategic initiatives and actions, IT capabilities, risk management & security, and performance metrics. Risk management and security information. Proposed actions and timelines.

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Plastic with Purpose: Transforming Vietnam's Waste Management

UVA Darden

Without meaningful action, plastic waste flows into aquatic ecosystems are expected to nearly triple from around 11 million tonnes in 2016 to around 29 million tonnes in 2040. The remainder has been disposed of in landfills or released into the environment, including oceans.

Manager 64
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The Best Cybersecurity Investment You Can Make Is Better Training

Harvard Business Review

The scale of the Yahoo breach disclosed in 2016 , combined with the fumbling response , cost the company and its shareholders $350 million in its merger with Verizon and nearly scuttled the entire deal. As cyber threats grow exponentially, comprehensive risk management is now a board-level priority. Insight Center.

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How a Federal Ban on Ransomware Payments Could Help CISOs

Harvard Business Review

This is a significant shift: after Uber’s former chief security officer was convicted for his role in covering up a 2016 cyberattack, CISOs had more reason to worry of the personal liability that came with the job.

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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

In contrast, 70% of respondents think their boards have effective processes for staying current on the company; 69% for compliance; 66% for financial planning; and 55% for risk management — although we should note that managing risks is a crucial consideration when pursuing innovation.

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Psychology Is the Key to Detecting Internal Cyberthreats

Harvard Business Review

Yet, Intel Security’s 2016 Report states that among companies experiencing data breaches over the past few years, insiders were responsible for 43% of data loss, half of which was intentional and malicious. As Forrester’s July 2016 Hunting Insider Threats report states, “Insiders are people, not computers.