Operational Risk

Governments worldwide are taking steps to protect privacy rights, which has led to new exposures for businesses.

Congratulations to Microsoft, Morgan Stanley, and Paychex!

The winner of the 2023 Bronze Alexander Hamilton Award in Risk Management is ... Paychex!

Increasing ransomware attacks have driven total premium revenue for insurers to triple in the past three years.

The New Y orkDepartment of Financial Services fined a crypto company $1.2 million for not conducting proper information security risk assessments and for using templated policies, without customizing them to fit the company.

The IRS has already noted 14 federal disasters in 2023—including tornadoes, mudslides, winter storms, severe rains, and flooding. These events have tax consequences for individuals and businesses.

Congratulations to ChildFund International, Exelon Corp. and Constellation Energy, and Starwood Capital Group!

Sometimes, it seems the IRS always prevails over the little guy. But this CIC Services case establishes a new direction for successful lawsuits against the agency.