Having an online presence is no doubt one of the emerging trends that businesses have to adapt to in order to remain relevant in the business circles. The Internet has made the world a global village thus presenting businesses with lots of growth opportunities. However, the … [Read more...]
What is ERM?
ERM is an acronym for “enterprise risk management” and refers to the processes put in place to minimize internal and external threats that a business may face. According to the Committee of Sponsoring Organizations of the Treadway Commission (COSO), ERM includes all the steps … [Read more...]
The Differences Between CCPA and GDPR
With governments taking organizations to task with regards to consumer privacy, startups need to adhere and stay abreast with consumer privacy laws to avoid prosecutions. The European Union General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) … [Read more...]
Risk Management for the Insurance Industry
While homes, vehicles, and other personal assets can be insured, the sensitive data collected by insurance companies cannot. Indeed, insurers collect many different types of personal data when determining how much a customer should pay in premiums. From social security numbers to … [Read more...]
Steps to Take When Performing Cybersecurity Risk Assessments
Cybersecurity is crucial in this digital era, in which almost all businesses embrace various technologies to automate tasks and become more competitive. Malware, phishing, identity theft, online fraud, and social media scam are just some of the cybersecurity threats people may … [Read more...]
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