Deloitte study finds ‘crisis of confidence’ in the enterprise
Organisations are keenly aware of the increasing threat of crises, yet many may overestimate their capabilities to respond. This is among the conclusions of Deloitte's latest crisis management survey, which found that 60% of organisations face more crises today than they did ten years ago.
Russia World Cup: Top five travel risks
Companies sending staff to Russia during the World Cup are being warned to carry out due diligence, to counter the increased risks that the tournament may bring. Insurance and assistance provider Collinson suggests companies sending employees to Russia throughout the coming weeks consider the key issues of crime, civil unrest, cyber security, terrorism and travel security.
Impact of weather events on corporate earnings quantified
Evidence of the impact of climate risk is found across all sectors, geographies, and seasons, according to a study carried out by S&P Global Ratings. The average materiality on earnings for the small number of companies that quantified it is a significant 6%.
NCSC publishes advice on multi-factor authentication
The National Cyber Security Centre (NCSC) has published advice for organisations on implementing multi-factor authentication (MFA) to protect against password guessing and theft on online services. The NCSC says uptake of multi-factor authentication has been slow and this needs to change. This new guidance, made available today, describes how to use MFA to mitigate against password guessing and theft, including brute force attacks.
Risk to beer producers as industry faces CO2 supply issues
With the World Cup in full swing, a shortage in the supply of CO2 is threatening to impact pubs at arguably their busiest time of the year. According to the British Beer and Pub Association, the shortage may already have impacted beer producers.
Post breach learning not up to scratch, boards admit
A majority of executives around the world feel their organisations can do better when it comes to learning from their past cyber mistakes, according to the results of a newly released global survey conducted by The Economist Intelligence Unit (EIU) and Willis Towers Watson.
Natural capital depletion creates liability risks
Analysis of over 2,500 companies, carried out by Allianz Global Corporate & Specialty (AGCS), finds oil and gas, mining, food and beverage and transportation at greatest risk of exposure; assessing dependency and managing its impact is of increasing importance for these organisations, the insurer says.
Wearable tech ‘doubled-edged sword’ for employers
Wearable technology that monitors staff could be a double-edged sword for employers, according to law firm Clyde & Co, which says that as the number of businesses deploying monitoring technology rises, so too do the issues of data management and claims. The law firm is warning that the growing volume of data on employee performance and health held by employers could be subject to full disclosure during a legal action against the business. It can be compared to footage from CCTV or telematics data, which is already being used in court.