5 lessons learned: How suppliers tried to save Toys ‘R’ Us June 11, 2018 by Marc Emmer 0 comments 1696 viewson Featured, Risk Management I know what you’re thinking – another tired post about a brick-and-mortar retailer replaced by ecommerce. But this story goes much deeper, exposing more fundamental shifts in how we handle risk management and how we will do business in the future. It’s true that Toys ‘R’ Us became the latest casualty in a retail sector …
Keep hackers out of your business May 24, 2018 by Joe Galvin 0 comments 2012 viewson Risk Management You read about it all the time — headline-grabbing data breeches at big companies that compromise millions of customers and suppliers, exposing valuable personal and financial data. The result is ruined credit, tattered corporate reputations and compromised identities. Here is what you don’t read about every day — data breeches at small and midsize companies. …
Cyberthreats and solutions for small and midsize businesses May 3, 2018 by Joe Galvin 0 comments 5588 viewson Featured, Risk Management Cyberattacks against businesses and individuals are on the rise, translating into enormous costs in terms of system downtime, resources and money. If a business hasn’t yet been hacked, it’s only a matter of time before it will be. Hackers are becoming increasingly skilled and professional, and their tactics are becoming more sophisticated and successful. Download …
Hurricane update: IRS facilitates withdrawals from 401(k) September 8, 2017 by Kirsten Curry 0 comments 5111 viewson Risk Management The Internal Revenue Service (IRS) announced that participants of 401(k) plans (and other types of company-sponsored retirement plans) affected by Hurricane Harvey, are automatically approved to obtain a hardship withdrawal and/or participant loan from their 401(k) plan. This means that business owners and their employees can access their retirement monies as financial assistance for recovery …
Navigating business interruption claims following a disaster [video podcast] Podcast September 8, 2017 by Rachel Farrell 0 comments 5120 viewson Risk Management Watch the video podcast, ‘Business Interruption: How to Navigate Covered Cause of Loss in the Wake of a Natural Disaster.” For many businesses ravaged by Hurricane Harvey or Hurricane Irma, the road to recovery looks long and difficult—starting with the painful process of filing insurance claims in order to recoup financial losses. In most cases, …
