Cryptocurrency is characterized as a digital currency that operates independently of a banking system and leverages encryption technology to transfer its value through the internet. There are several different types of cryptocurrency, but the largest by market capitalization is bitcoin. Despite its intangible form, cryptocurrency functions similarly to physical cash across many countries and governments.

Cyber incidents—including data breaches, ransomware attacks and social engineering scams—have become increasingly prevalent, impacting organizations of all sizes and industries. Such incidents have largely been brought on by additional cyberthreat vectors and growing attacker sophistication.

OSHA has cited Amazon with 14 recordkeeping violations for failing to properly record work-related injuries and illnesses following inspections at six warehouse facilities in five states. On July 18, 2022, inspections were conducted in Deltona, Florida; Waukegan, Illinois; and New Windsor, New York.

In the commercial property insurance space, rising inflation increases the risk of undervaluing property. A rise in building costs due to factors such as labor shortages, worker wage growth, supply chain disruptions and raw material price increases can increase the severity of a property insurance claim and create potential underinsurance issues for the policyholder.

Most people understand that insurance companies have a duty to reimburse insureds for commercial property damage not excluded by their policies. What’s lesser known is that if a loss does occur, insureds also have duties they owe to their insurance company. Many commercial property insurance policies include language detailing steps that must be taken following a loss.

Office holiday parties can give employees the opportunity to celebrate a successful year of business, but they can also open companies up to liability risks, especially if alcohol is involved. However, with some advanced planning, employers can minimize those risks and enjoy the holiday celebration.

Severe weather conditions can be detrimental to job sites, placing additional strain on construction employers. While there’s no way to completely safeguard worksites from the elements, there are measures that can be taken to reduce the risks posed by extreme weather events. Such weather can come in many forms, each of which require their own preparations in order to protect job sites.

The North Atlantic hurricane season—which lasts from June 1 to Nov. 30 annually—featured 14 named storms, eight of which reached hurricane strength, in 2022. While this year’s hurricane season produced fewer storms than originally predicted, it was still the third most expensive hurricane season to date.

The frequency and severity of active assailant attacks are on the rise, and they can have a significant financial impact on the owner of the premises or business where the event took place. As a result, organizations should safeguard against potential losses stemming from an active assailant attack by securing sufficient insurance.

Commercial excess liability insurance and umbrella insurance are secondary coverage policies that attach after primary insurance policy limits—such as general liability, employer’s liability and commercial auto insurance—have been exhausted. This additional coverage can protect your business from the financial consequences of large losses that exceed what your primary insurance can cover.

Presenteeism in the workplace occurs when an employee comes to work despite feeling tired or unwell, considerably reducing their productivity. This problem is especially common among remote or hybrid employees, as they are more likely to not feel the need to take sick leave when they’re feeling unwell.

According to the Federal Highway Administration, the number of licensed drivers over 70 increased 75% from 1997 to 2020. This is partially due to U.S. demographics, in which Americans over 65 represent the fastest-growing sector of the U.S. population. But it also reflects a trend in American driving habits. Older adults are generally driving more miles and keeping their licenses longer than previous generations.

Employees are an organization’s first line of defense against cybercriminals. For this reason, they are also commonly targeted. In fact, the vast majority (88%) of data breaches are caused by employee mistakes, according to Stanford University. Unfortunately for organizations, a single mistake can result in costly losses, reputational damage and lost or stolen data.

At some point, all software will reach the end of its life. This means manufacturers will no longer develop or service the product, discontinuing all technical support, upgrades, bug fixes and security fixes. As a result, end-of-life (EOL) software will have known vulnerabilities that cybercriminals can easily exploit. This article discusses the risks of continuing to use EOL software and discusses best practices for organizations to mitigate this risk.

Builders risk insurance is a specialized form of property coverage that can help protect buildings and other structures under construction. Also known as course of construction insurance, such coverage can assist with various expenses that may result from property damage amid construction projects.

Modern vehicle technology has transformed in the past several years as autonomous driving, vehicle electrification and car connectivity features have become more common. While these digital innovations in the automotive industry have added significant customer value, they have also exposed vehicles to cybercriminals attempting to gain access to critical in-vehicle electronic units and data.

An attack surface is the total possible entry points (a.k.a. attack vectors) for unauthorized access into any system. The recent increase in remote and hybrid work combined with the shift to the cloud and widespread implementation of software-as-a-service (SAAS) applications have made attack surfaces increasingly large, complex and difficult to defend against cyberattacks.

Patch management is the process of acquiring and applying software updates to a variety of endpoints, including mobile devices, computers, servers and embedded devices. Installing patches regularly is necessary to correct errors, help protect data and optimize system functions. This article provides information on how a consistent approach to patching and updating software can limit exposure to various exploits.

Private industry employers reported a 1.8% decrease in nonfatal workplace injuries and illnesses in 2021 from 2020, according to the U.S. Bureau of Labor Statistics. The incidence rate of total recordable cases remained unchanged year over year, with a rate of 2.7 cases per 100 workers who are full-time equivalent (FTE).

Dollar General Corp. and Dolgencorp LLC—which operate 18,000 stores and employ more than 150,000 workers—are once again facing penalties from the U.S. Department of Labor after seven southeast OSHA inspections found 31 Occupational Safety and Health Act violations.