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Study: Customized, enterprise-wide plans fight cyberthreats
Senior executives must be ready to tackle the legal and business risks associated with cyberthreats — even before they happen. This means companies must establish enterprise-wide tactics to identify risks, appraise response metrics and apply company-specific risk mitigation strategies, according to the “2017 Data Security Incident Response Report,” from BakerHostetler. The study analyzed more than 450 cyber incidents that the firm handled last year. -
C-store giant steps up compliance efforts
7-Eleven is putting all of its policy data in one place — a move that will enable it to better mitigate risks connected to insurance and claims. The convenience store chain added the Risk Management Information System (RMIS) from Riskonnect, to power its claims management, policy management and property data collection processes in the U.S. and Canada. The cloud-based system breaks down silos to provide a holistic view of risk management.

