Risk Management ( Page 5 )

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Hackers Use New Tactic at Austrian Hotel: Locking the Doors

Hackers Use New Tactic at Austrian Hotel: Locking Doors The ransom demand arrived one recent morning by email, after about a dozen guests were locked out of their rooms at the lakeside Alpine hotel in Austria. The electronic key system at the picturesque Romantik Seehotel Jaegerwirt had been infiltrated, and the hotel was locked out ...
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Binary Treachery: Defending Yourself from Attacks Coming at the Speed of Light

It seems these days that not a month goes by when one does not hear about a major company’s network infrastructure being hacked. Major retailers (including bars and restaurants), insurance companies, payment systems and even Experian, the credit reporting agency, have been victims of cyber attacks resulting in the theft of the personal information of ...
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Simple Tips to Speed your Way and Enhance your Security

The end of year holiday period is full of cheer, family and friends and at times, travel.  But ask any experienced traveller and you will hear in short order that it is one of the most stressful periods in the year for air travel.  Long lines, surly airline employees and at times inconsiderate fellow passengers ...
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How Much Crisis Planning is Enough?

One of the most important management competencies is planning. Crisis planning is the preparation of documented action steps designed to improve the organization’s response toward mitigating a disruption’s impact on assets and resources. Long ago, I was given some sage advice prior to briefing proposed Crisis Planning improvements to the executive team. My boss said, ...
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Hotels and Restaurants; Prime Real Estate for Slip and Fall Accidents

By David B. Willis, MemberEckert Seamans Cherin & Mellott, LLC – Boston Slip and falls are the number one cause of accidents in hotels, restaurants and public buildings according to the Bureau of Labor Statistics. Injuries from a seemingly incidental fall here or trip there are estimated to cost some $70 billion annually according to ...
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Technology, Media and Telecommunications Risk Index 2016

50 risks, split into five megatrends, ranked by 350 senior executives The TMT Risk Index analyses the severity of impact and ease of management of the top 50 risks facing the TMT industry. Grouped into five megatrends, we examine how these are impacting the sector currently and how this will change in the future. The ...
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Beneath the Surface of a Cyberattack

Do leaders accurately gauge the impact a cyberattack can have on their organization? Do common assumptions about the costs and recovery process associated with data breaches paint a clear picture? This paper considers—in financial terms—the broad and extended business impact of cyberattacks, including both direct and intangible costs. Assumptions can be misleadingCommon perceptions about the ...
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The inside threat: Why employee behavior and opinions impact cyber risk

by Adeola Adele, Patrick Kulesa The human element as a risk factor in data security breaches is as enduring as it is troubling. Compromised laptops and phishing email scams continue to appeal to hackers as avenues to damage corporate servers and the confidential, sensitive information they maintain. Effective risk management strategy must therefore acknowledge and ...
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Combating cybercrime in the hospitality business

Technology has changed our lives for the better, but like every other development it has its downside. Data breaches have become common news, and the latest victim is the hospitality industry. The 2016 Trustwave Global Security Report has found the hospitality industry to be the second-most vulnerable to security breaches behind the retail industry. The ...
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