The ALS Group Risk Management Articles

When looking at a company’s risk, one of the most overlooked aspects is how it manages its informational security. In their most recent Data Breach Investigations Report, Verizon was able to classify 92% of the millions of breaches over the past few years into nine basic patterns. It would be a reasonable assumption that these nine patterns of attack would be the same across the business landscape. Unfortunately this is not the case as the sophistication of the attacks change depending on a company’s industry. As an example representing both the Financial and the Energy/Utilities Sectors, the highest type of breach was web app attacks. This occurred as the retail

Crisis Management has been, historically, a function of the IT or Risk Management department for many companies and as social media continues to gain traction, savvy risk managers have incorporated social media into their crisis communication plans.

With the continued news reports of  data breaches of high profile businesses, most recently Target, Adobe, Lexis Nexis, and Apple, I thought I would provide you a few thoughts to add to your risk management “New Year’s resolutions” (I know you have them…). Since most of you know I travel quite frequently, both domestically and internationally, I use the wait time at airports, hotels, etc. to work.  I thought the article in the last issue of Executive Travel magazine is a good reminder to all of us on electronic “travel security” and how not to be duped by the growing sophistication of the hackers who prey on the weary business