Cyber security was once the sole responsibility of IT and not a business risk discussed in boardrooms across the country. But the landscape has significantly changed and cyber security is now a front-and-center issue for directors and officers across all industries, including the hospitality segment (hotels, resorts, restaurants) and real estate industry, among others. High-profile [...]
Cyber threats is on everyone’s mind – the government, large corporations, and mid- to small-sized businesses across many industries – and rightly so. Last year was the worst year for cyber threats so far, with 740 million data files potentially viewed or stolen worldwide, according to a report, “Records Exposed Hit New High in 2013, [...]
Over the past couple of years, we’ve have been following and blogging about the data breach that occurred at Wyndham Hotel Group and the resulting lawsuit that the Federal Trade Commission (FTC) filed against the hotelier. We feel this is a very important issue because of the escalating risks of cyber attacks and the potential [...]
New researched based on a survey conducted by global consulting firm Proviti and North Carolina State University’s ERM Initiative highlights a host of significant risk drivers contributing to the risk dialogue taking place in boardrooms and executive offices throughout public and private companies in the United States. More than 370 board members and executives across [...]
In the past, we’ve discussed the fact that increasingly more companies are stepping up their efforts to stem cyber attacks and data breaches with preventative measures. Additionally, large and small organizations are realizing the need for Cyber Liability insurance to help protect company assets in the event of a breach. In fact, many in the [...]
Whether it’s a large corporation, a government agency, or small business, news of cyber security risks today is an everyday occurrence. Recently, the New York Times website was maliciously attacked by a group known as the “Syrian Electronic Army”, and although this isn’t what most companies have to worry about, it is a new twist [...]
