The ALS Group Risk Management Articles

We manage more than a quarter billion dollars of premiums for a diverse range of clients around the globe. 

Cyber Attacks May Cause Property Damage

Are you Covered? | Cyber Attacks May Cause Property Damage

Traditionally, a cyber breach occurs and otherwise private information is stolen or made public resulting in costs such as notification expenses, IT forensics, data recovery, public relations/crisis management, legal defense, business interruption, brand/reputation damage and regulatory fines and penalties; just to name a few. However, the breadth of cyber-attacks has proven to be ever expanding.  Now, breaches resulting in physical property damage are being reported more regularly which leads to the immediate question, “am I covered for such an event?

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The Internet of Things (IoT)

Is a Cyber Breach on Your Holiday Wish List? | The Internet of Things (IoT)

The holiday season usually means new tech gadgets for everyone to tap, swipe, click, and download.  Most people who unwrap a new iPhone, MacBook, Smartwatch, Fitbit, or game console probably aren’t considering the ramifications of connecting those devices to the Internet and setting up new user accounts filled with their personal information.  Unfortunately, we live in a time where have to, or at the very least, should.

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Holiday Shopping Cyber Security Tips

Cybercriminals are Comin’ to Town | Holiday Shopping Cyber Security Tips

If you’re anything like me, you will complete most of your holiday shopping from the comfort of your own home, laptop in hand, attempting to avoid the craziness of department stores and mall parking lots.  Then, a week or so before the big day, you’ll realize that you neglected to order some key gifts and scramble to pick them up in-store.

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Big Breaches Soar, With No Signs of Slowing Down

Big Breaches Soar, With No Signs of Slowing Down

The year 2016 is turning out to be a record one for data breaches, and cybercrime won’t be slowing down any time soon.  According to global digital security firm Gemalto, nearly five billion private records have been exposed globally since 2013. Data breaches were up 15% in the first half of 2016 compared to the prior six months.

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A map of the United States highlighting California in red, with text "Cyber Breach Notification, California Law Amendment

But, the Data was Encrypted… | California Data Breach Notification Law Amendment

Back in May 2016 I posted a blog (Be Prepared – Data Breach Notification Laws are Changing), which covered how data breach notification laws were evolving.  At that time the state of Tennessee amended its law, becoming the first state in the nation to require notification of any data breach, whether the information is encrypted or not.  I also predicted that state laws would most likely become stricter in the not too distant future…

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Taking a Closer Look At Enterprise Risk Management

Taking a Closer Look At Enterprise Risk Management

Every organization is faced with risks and needs to practice some form of risk management in order to maintain the health of the entity. Many take a traditional approach, where risk is managed in silos, with each leader of a business unit (sales, operations, finance, HR, etc.) responsible for managing the risks that fall within his or her area of responsibility.

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Cyber Security | Layering your Defense

Cyber Security | Layering your Defense

Does the threat of Ransomware crippling your organization’s network and operations keep you up at night? At this point, it kind of should. However, there’s a lot your CISO and IT staff could be doing to mitigate the threat and help you sleep a bit more soundly.

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An image with text "ELECTION DAY 2016 Cyber Vulnerabilities" over a faded American flag background.

Election Day | Cyber Concern Runs High

As the world focuses on the outcome of the contentious Presidential race between Trump and Clinton, the US government is on high alert for potential Election Day cyber attacks.  The current global cyber climate, this summer’s Russian hack of the Democratic National Committee, and a recent string of Distributed Denial of Service (DDoS) attacks have intelligence officials highly concerned that cyber event(s) could seriously infringe on today’s election process.

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Our areas of expertise include:

  • Enterprise Risk Management (ERM)
  • Cyber Security & Cyber Liability Insurance
  • Construction Management
  • Customized Risk Management Assessments (RMAs)

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