General

Risk management is becoming increasingly important for businesses across the United States, due to property insurance risks faced by businesses.

The Privacy Rights Clearinghouse recently reported there were 535 security breaches it recorded in 2011, and it highlighted some of the most significant breaches in the United States.

A recent report conducted by CDW Government LLC found federal employees are relying upon mobile devices to help them become more productive in the workplace, with more than 50 percent of federal employees using at least one mobile device while working.

With the risk of cybercrime continuing to grow, many large business are bringing on an in-house security team to fight back against hackers, reported Entrepreneur magazine.

After Carnival’s luxury cruise ship, the Costa Concordia, ran aground off the coast of Italy, the company believes it could face insured losses of up to $95 million, showcasing the necessity of a general liability insurance policy.

The cybersecurity industry is beginning to show extreme growth, with the number of cyberattacks rising seemingly every day, reported BrainTrack.

Having small business insurance is important for start-ups and small enterprises, which is why SMB owners should work as hard as they can to avoid a lapse in coverage, reported Small Business Trends.

Observers believe the errors and omissions insurance market appears to be flattening due to decreasing competition, reported Business Insurance.

A recent report from Citibank found 70 percent of respondents use their company website as a marketing channel, while 41 percent are using social media channels to spread the word about a business.

According to a recent report from PricewaterhouseCoopers, economic turmoil, political upheavals and natural disasters are just a few of the top concerns businesses are facing in the upcoming year.