Protecting Your Business During Civil Unrest – Civil unrest can create unique challenges for businesses. Specifically, business owners face the risk of vandalism, stolen or damaged goods and extensive property damage. With this in mind, it’s crucial to take steps to mitigate the risk of potential damages to your business during periods of civil unrest. (more…)
Cyberespionage Explained– Cyberespionage is a type of cyberattack that involves an unauthorized user (or multiple users) accessing a victim’s sensitive information in order to secure economic benefits, competitive advantages or political gain. Also known as cyberspying, the primary targets of such cyberattacks include government entities, large corporations and other competitive organizations. (more…)
Agriculture Insurance Risk Advisor – Advantages of Adopting Vertical Farming
Today’s climate crisis is causing unpredictable conditions, making it a challenge to continue with traditional agricultural practices. Yet, the agriculture industry is developing new and innovative ways to carry out food production, one of which is vertical farming. (more…)
Structural Issues and Aging Buildings
Construction Insurance Risks Insights – While modern building codes and structural engineering have made buildings extremely safe, facilities managers must maintain a high level of upkeep for them to remain that way. As buildings age, they can lose their structural integrity. As such, if simple repairs are left untended, they can balloon into bigger issues, potentially causing significant damage that can interrupt operations and/or even endanger others.
Business Interruption and Supply Chain Crisis
Business Interruption and Supply Chain Crisis – The COVID-19 pandemic spurred a supply chain crisis as businesses were forced to halt operations to slow the spread of the virus and prioritize employee health and safety measures. In addition, consumer demand is increasing, especially for automobiles, furniture, building equipment and appliances. As business operations begin to normalize, the exploding consumer demand is causing bottlenecks throughout the global supply chain. (more…)
A Quarter of Canadian Companies Experienced a Cyberattack in 2021
Cyberattack – A quarter of Canadian businesses say they experienced a cyberattack in 2021, according to a 2022 survey commissioned by technology firm NOVIPRO. Of those businesses, more than half (56 per cent) paid the ransom demanded by hackers, a third hired a negotiator and a quarter elected to handle the situation without using a third party.
2022 Set to Be “Hangover” Year From 2021’s Cyber Epidemic
Cyber News – Much of the cyber turmoil that plagued the world in 2021 will continue into 2022, with individuals remaining the top source of risk in an irrevocably online society, according to Experian’s annual Data Breach Industry Forecast for 2022. (more…)