According to a joint survey from the British Insurance Brokers’ Association (Biba) and the Cabinet Office in 2012, 83 percent of insurers would give a discount or improve terms to a business interruption policy if a business continuity plan were in place.

An engaged leadership team already understands the greater domain awareness provided by converged surveillance systems, but how about the next step toward robust risk management: cybersecurity and cyberspecific insurance?

A security executive’s primary strategy should be to prevent lawsuits from happening, so hiring practices and vetting of security firm partners are the first defense. All security officers must be subjected to criminal background and employment history checks.

Many organizations lack complete visibility into their supply chains and remain vulnerable to disaster, according to a new white paper published by Marsh.

As bigger businesses beef up their cyber security, hackers take aim at smaller companies.