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Inflation Considerations for Risk Managers and Insurance Buyers

Risk Management Monitor

retail sales fell in May as supply chain challenges drove a decrease in major purchases like vehicles, and record high gas prices pulled spending away from other goods. Inflation’s Impact on the Insurance Market. With high unemployment and higher costs, this also poses a risk to employment practices liability (EPL) insurers.

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How can AI increase your business’s bottom line?

Online Computers

If you’re looking for ways to increase the profitability of your New York business, consider using AI and reap the following benefits: Optimized workflows AI enables businesses to automate and streamline various operational processes, leading to enhanced efficiency and productivity that allows employees to focus on higher-value activities.

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Maximising Customer Value with 360 View and Machine Learning

Advancing Analytics

Here are a few examples: Retail : Retail companies use customer 360 views to gain a deeper understanding of their customers' purchasing habits and preferences. Fraud detection : Machine learning can be used to detect patterns of fraudulent activity in customer data. And where is it used? Everywhere!

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The Outrage or Lack Thereof: Lessons Learned from the CrowdStrike Outage

Fusion Risk Management

The Third-Party Threat There seems to have been a lot of confusion around how to classify this incident; some see it as a digital or cyber issue, attempting to claim on their cyber insurance. The Active Comptroller Michael J. Hsu commented repeatedly on Operational Resilience earlier this year, and it seems likely that the U.S.

Outage 52
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Security Industry Association Reveals the 2024 SIA Women in Security Forum Power 100 Honorees

Security Industry Association

security sales, Wesco Carissa Hunter, regional training and compliance manager – Americas, Securitas Global Clients Amena Jamali, information security associate, Tevora Alice L. SIA’s Women in Security Forum works to engage all security professionals to promote, recruit and cultivate women’s leadership for a bolder presence within the industry.

Security 111
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Using Audio for Alarm Verification: Hearing Plus Seeing Increases Situational Awareness and Reduces False Alarms

Security Industry Association

Around the same time, insurance companies began offering premium discounts to alarm subscribers, which drove popular demand. The question is not how to prevent the causes of false alarms, but rather how to verify whether alarm activations signify a real breach.

Retail 87
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Strategies for Digital Risk Protection

Reciprocity

More specifically, within digital risk management are the active measures that businesses can take to protect their assets: digital risk protection. DRP is the active piece of the cybersecurity puzzle, and is an imperative for every organization. What is Digital Risk Protection?