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M&A Activity in the P&C Insurance Industry – The Limits of Current Pricing
Over the years, we have written several pieces about the state of mergers and acquisitions (M&A) activity in the Property and Casualty (P&C) industry and think it is safe to say the market has...
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Overcoming Failures in Risk Management: Is Wells Fargo Getting the Message?
It’s been a rough two years for Wells Fargo. Ever since the existence of the bank’s massive cross-selling scandal came to light in 2016, Wells Fargo seemed to be trapped in a downward spiral of failure...
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How to Support a Risk-Based BCDR Program without Spending More
Emergency situations like natural disasters, data breaches, fraud, and the like arise, by definition, without warning, leaving you little to no time to prepare. So how do you build a BCDR plan that is...
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What’s the Best Way to Stay Compliant with GDPR?
We’d like to congratulate the 25% of US-based companies that achieved GDPR compliance by the May 25th deadline, and to share a little guidance on how to stay compliant over time. As we all know, the...
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How to Audit Cyber Risk
The volume and complexity of the data companies collect is increasing exponentially, which creates major challenges for audit professionals. When we surveyed hundreds of risk professionals, a...
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Takeaways from Speaking at the SCCE on Risk-based Compliance
The Society of Corporate Compliance and Ethics (SCCE) held their annual Ethics and Compliance conference from September 20 to 24 in Las Vegas. This year, I was fortunate enough to be selected to hold a...
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Facebook’s Failure to Mitigate Cyber Risks Could Cost Billions
In late September, Facebook announced that it had discovered a breach in its network that had exposed the personal data of nearly 50 million users to hackers. The hackers exploited a feature in...
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Taking a Risk-Based Approach to IRM Yields Actionable Insights Aligned With...
Gartner’s 2018 Magic Quadrant for Integrated Risk Management positions LogicManager highest for ability to execute and identifies a shift in focus by end-user organizations from compliance-based GRC to...
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IMPACT 2018: Becoming a Risk Management Hero
On Nov. 29, the LogicManager community arrived at Hotel Commonwealth in the historic Fenway district of Boston for sold-out IMPACT 2018. Every year, LogicManager hosts a customer conference where users...
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Will Marriott be the First Major Brand to Get Fined for GDPR?
Last Friday, Marriott disclosed that the data of about 500 million guests had been exposed as a result of a hack that dates all the way back to 2014. In 2014, hackers exploited the reservation system...
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Top ERM Blog Posts of 2018
Scandals, predictions, and insights, oh my! We’ve covered a lot of ground this year in the risk management world. But what were the topics people were buzzing about most? With over 50 blogs posted in...
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How the See-Through Economy Will Change Your Business by 2023
There’s an undeniable shift occurring in the business world right now. In fact, it’s been forming since 2007. I’ve coined the phrase the See-Through Economy to encapsulate the shift towards...
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How to Prepare for Recession Risk with ERM
Today the economy is strong and your business is doing well. But are you prepared for when this strength turns to weakness? Enterprise risk management has been proven to help companies survive a...
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What Can Banks and All Companies Learn from Apple’s Latest Glitch?
Even a $1 trillion company cannot hide in the See-Through Economy. After a fourteen-year-old boy discovered a serious bug in Apple’s group FaceTime feature, his mother e-mailed, faxed, and tweeted the...
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How to Tackle The Top Three Risks in the Energy Industry
For the first time, reputation risk, organizational culture, and cybersecurity have all landed among the top five risks in the energy industry. How can energy companies tackle all of these risks...
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Eliminate 81% of Your Cybersecurity Vulnerabilities in 90 Days
Cybersecurity vulnerabilities are an increasing concern for every company in every industry. Year over year, data breaches increase by 75%. Why are they becoming more prevalent, and how can you...
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P&C Brokerage Industry – Let’s talk Management Buy-ins
Let me start by saying that some of the best managed and most profitable brokerages in Canada are employee-owned. We believe that every succession planning process should, at the very least, consider...
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Flexible Risk Assessments and Effective Reporting in the Banking Industry
The banking industry is perceived as the most advanced in their understanding and implementation of risk management. Although banks have indeed made huge progress in risk management, two areas all...
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