Understanding Total Cost of Risk

Risk exists everywhere in business. One of the biggest mistakes that companies make is assuming that the cost of risk only involves their insurance premiums paid, retained losses and administrative costs. However, the total cost of risk encompasses much more than that. While a risk management program can be an effective method for controlling risk,…

7 Daily Habits of Great Leaders

When you think about the accomplishments of great business leaders, the scope of their achievements may seem intimidating. But that doesn’t mean that you can’t learn from them in order to become a better leader yourself. Let’s examine some habits of great business leaders that you can adopt to strengthen your leadership skills. When practiced…

Managing Remote Work Arrangements

Allowing employees to work remotely from home or other off-site locations can increase productivity for workers, reduce costs for the company and create beneficial flexibility to keep operations going if something happened to your business’s primary physical location. However, remote work, or telecommuting, needs to be conducted carefully with the help of established company policies…

5 Types of Cyber Criminals

Understanding the types of cyber criminals and their techniques can help protect your organization from a data breach. Travelers provides a list of common threats and prevention steps a business can take. #1 The Social Engineer Cyber criminals pretending to be someone else can trick unsuspecting employees to compromise data. In one scenario, a spoof email purporting…

Phishing During Tax Season

PHISHING SEASON IS HERE! You’re gearing up for tax season, one of your busiest times of the year. But phishing scammers are gearing up, too. The Federal Bureau of Investigation reports Human Resource departments and W-2 data are top targets in online personal info theft. STAY SUSPICIOUS Phishing relies on unsuspecting people who take a…