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Domestic Partner Benefits Could Change In Wake Of Same-Sex Ruling

Jay Mark Streeter Jr., center, left, and Hai Nguyen, center, right, fill out a marriage license application between couples Lauren Blears and Ben Byrne, left, and Alex Wooten and Jelena Djordjevic, right, at City Hall John Pleskach in San Francisco, on Friday.   The nationwide legalization of same-sex marriage could prompt some employers to drop
  • 27 Jun, 2015
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How HSBC’s Errors and Lack of Oversight Hit Reputation As World’s Best-run Bank

“Our executive directors have a combined 178 years of service – a track record almost without parallel in the industry. I believe there is no better management team in banking and it is no coincidence that HSBC has remained profitable throughout the financial crisis.”   So said Stephen Green in HSBC’s 2009 annual report, his
  • 18 Feb, 2015
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Health Care – A Vulnerable Industry

The cyberattack on Anthem, one of the nation’s largest health insurers, points to the vulnerability of health care companies, which security specialists say are behind other industries in protecting sensitive personal information.     Experts said the information was vulnerable because Anthem did not take steps, like protecting the data in its computers though encryption,
  • 9 Feb, 2015
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As Cyberthreats Rise, Push For Intelligence Heightened

In a small hotel meeting room a few blocks from the White House, employees from power plants, factories, airports and oil refineries hunched over laptops working frantically to stop cyberterrorists from firing a rocket launcher into the heart of a picturesque American town.   It was just a training drill with pretend hackers and a
  • 6 Jan, 2015
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2014 Was Landmark Year for Health Data Breaches

When it comes to health data breaches, 2014 was a milestone year. Healthcare organizations accounted for about 42 percent of all major data breaches reported this year, according to the Identity Theft Resource Center.   2014 began with the FBI’s Cyber Division warning industry that healthcare systems and medical devices were at risk for increased
  • 6 Jan, 2015
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How BlackBerry Lost Its Touch – Effective Risk Management Strategies Announced by Cynosure Risk Advisors LLC

CHICAGO December 17, 2013 – A mere ten years ago BlackBerry Ltd. launched a revolution in the mobile communications market.  Today, BlackBerry’s meteoric rise and recent hard times serve as a cautionary tale for companies without sound market and project risk management strategies.   BlackBerry was the first to market with a portable e-mail reader to which it later added voice capabilities, thus creating the earliest version of the “smartphone.”  BlackBerry reaped tremendous acclaim and market success and in 2009 Fortune named BlackBerry the
  • 17 Dec, 2013
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Wanted: Applicants With A Criminal History And An Unprofessional Hairstyle

A combination of recent enforcement efforts by the Equal Employment Opportunity Commission (EEOC) and state-level legislators has employers scratching their heads about what they can and cannot consider when making hiring decisions. On the one hand, the EEOC appears to want to eliminate employer hairstyle and grooming policies and severely restrict or eliminate criminal background
  • 2 Dec, 2013
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Friending Social Media: How To Manage Legal Risks

All businesses and organizations have a social media presence, intentionally or unintentionally, whether through formal investor communications or indirectly through postings by Board members, executives and employees and their families, or both. The following headline stories illustrate unintended consequences and legal risks of social media:   Premature Disclosure Of Earnings. Six days before a public
  • 12 Nov, 2013
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Wall Street Learns from Simulated Cyber Attack

New York – Driving home just how serious the growing threat of cyber attacks are on financial markets, the industry stress-tested its trading systems and crisis management responses with simulated malicious attacks in an exercise dubbed ‘Quantum Dawn 2′. And the results of Friday’s test made public today by a Wall Street industry group showed
  • 22 Oct, 2013
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FDIC Issues Warning On D&O Liability Insurance Policies

On October 10, 2013, the Federal Deposit Insurance Corporation (“FDIC”) issued Financial Institution Letter 47-2013 to warn insured depository institutions of two areas of concern for director and officer insurance policies. First, the FDIC has noted an increase in exclusionary terms or provisions contained in institutions’ D&O insurance policies “that may adversely affect the recruitment
  • 17 Oct, 2013
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Effective risk management can unleash opportunities: World Bank

Effective risk management can provide both resilience to withstand risks and the ability to pursue development opportunities, the World Bank said in a report on Sunday.   In the face of social unrest, economic crisis and more frequent natural disasters, preparation work and recovery efforts by governments, communities, and individuals have become increasingly essential, the
  • 8 Oct, 2013
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Walgreen shifting 120,000 employees to private health exchange

Walgreen Co is moving 120,000 employees to a private health insurance exchange from coverage provided directly from carriers, the company will announce Wednesday. The pharmacy chain will join 17 other large employers on the Aon Hewitt Corporate Health Exchange as part of a growing movement to offer employees cash to purchase their own plans on
  • 23 Sep, 2013
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Are you ready for your company’s holiday party?

Many companies start planning their holiday party now.Employers need to know that an employer can be held liable for accidents and injuries caused by their employees who over indulge themselves with alcohol at the party, even if the employee initially made it home safely! You read that correctly. The California Court of Appeal, in Purton v. Marriott International,
  • 4 Sep, 2013
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Facebook wins final approval for ‘Sponsored Stories’ settlement

It appears the road has finally come to the end in Facebook’s “Sponsored Stories” lawsuit. US District Judge Richard Seeborg gave final approval to the suit’s $20 million settlement on Monday. “While not incorporating all features that some of the objectors might prefer, [the settlement] has significant value,” Seeborg wrote in an order on Monday,
  • 28 Aug, 2013
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Final IRS health care reform rules address federal premium subsidies

Final Internal Revenue Service health care reform law regulations affirm that low- and middle-income retirees younger than age 65 who are eligible for health care coverage from their former employers — but do not actually enroll in the plans — will be eligible for federal premium subsidies in 2014 to buy coverage through public exchanges.
  • 28 Aug, 2013
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