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Tag: Risk Management

How To minimize Cyber Risk

How To minimize Cyber Risk

Strengthening Cyber Event Response In an era where digital threats are constant, companies must be prepared to face the challenges of cyber events head-on. In 2023 over $460 million was paid in ransomware to cyber criminals. The ability to respond effectively to these incidents can make the difference between a minor disruption and a major breach. To bolster their defense strategies, targeted companies must prioritize...

Securing Tomorrow: The Keys to a Business Continuation Plan

Securing Tomorrow: The Keys to a Business Continuation Plan

  Businesses face an array of challenges in today's ever-changing world. Disasters, economic downturns, and unexpected events can threaten the very existence of a company. A well-thought-out business continuation plan is the key to ensuring the resilience and survival of your business. In this article, we will explore the essential elements of a business continuation plan and why it is crucial for long-term success. Comprehensive...

The Importance of Property Insurance for Landlords

The Importance of Property Insurance for Landlords

As a landlord, you understand the significance of protecting your investment. Owning a rental property comes with its fair share of risks, ranging from property damage to liability claims. In such circumstances, having comprehensive building insurance can provide you with peace of mind and financial security. Safeguarding Your Property: Your rental property is a valuable asset that needs protection. Building or property insurance covers the...

Why Products Liability Insurance Is Important To Manufactures

Why Products Liability Insurance Is Important To Manufactures

In today's consumer-driven world, manufacturers are responsible for producing products that are safe for their intended use. Unfortunately, not all products meet this standard, and some can cause harm to consumers. This is where products liability law comes in. Products liability is a legal theory that holds manufacturers, distributors, and sellers of products responsible for any harm that their product causes to a consumer. This...

Top Five Costly Workplace Injuries

Top Five Costly Workplace Injuries

If an employee is injured on the job, employers are legally liable to the employee. Workers’ compensation will even cover employees who are involved in auto accidents while away from the worksite, if the accident occurred while on the job. Workplace accidents happen every day and most could have been prevented. According to the U.S. Bureau of Labor Statistics (BLS) and the National Academy of...