Risk Management

Cyber Insurance: How The Carriers See It

Cyber insurance has been available for years – AIG has offered it since 1999 – but it’s clearly a product […]

UK Regulator To Bankers: If You Don’t Want Liability, Quit

The Governor of the Bank of England said directors and top executives should be made liable for reckless bank behavior, […]

Cybersecurity Breach Liability

Companies need to be able to make the case that they have implemented “reasonable security” in the face of cyber threats, even though it’s not clear exactly what reasonable security is.

FDIC to Banks: Prep for “Urgent” Threat of Cyberattacks

A Cybersecurity and Critical Infrastructure Working Group formed by the Federal Financial Institutions Examination Council will soon release a report assessing the banking sector’s overall readiness to address a significant cyberthreat, FDIC Chairman Martin Gruenberg told attendees of the American Banker Regulatory Symposium.

New Law Makes Employers Liable for Labor Code and Other Violations of Staffing Companies

California added a new section to its Labor Code, making companies that use staffing agencies jointly liable for payment of all wages earned by the workers, failure to secure proper insurance, and compliance with workplace safety standards.

The Ebola Outbreak and Your Workforce

Steps employers can take – both in and out of the health care fields – to inform workers about the danger of infectious diseases without running the risk of overreacting or causing panic.

When Risk Itself Is The Product

A bank can’t succeed unless it takes risks that in the end prove to be profitable. Therefore risk management for […]

NLRB Is Redefining “Joint Employer”

Franchisors, and businesses that use contractors, staffing agencies or even companies that just outsource cleaning or security, could be deemed joint employers.

Insurer Not Off The Hook In $3.5 Million Computer-Hack Case

After hackers managed to route $3.5 million from a customer’s Philadelphia bank account to recipients in Russia and Belarus, the […]

“Distracted Working” Is A Hazard

The issue of distracted driving is getting more attention, and laws and policies addressing the issue are slowly taking hold. […]

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