I am pleased to be hosting Cavalcade of Risk Number 157, which I have broken into two parts for your linking-reading pleasure. In this part, we begin with Risk Management Monitor's post exploring the subject of "Who Pays For the Cost of Cyberwar?" They have provided this enticing Summary -- There’s no doubt fraud, committed by both external and internal parties, is on the rise as methods for committing theft become more available and easier to hide due to technology. And according to a recent survey by the Association of Certified Fraud Examiners, businesses around the world lose an estimated 5% of their annual revenues to fraud, for a total loss of more than $3.5 trillion.
Our Cavalcade of Risk of Bad Faith closes with this post from Oblivious Investor Blog about the Securities Investor Protection Corporation, entitled "SIPC: What it Covers and Coverage Limits." Summary: Despite the important role it plays, many investors know little about the SIPC and the protection it provides.
Enjoy linking and reading! The next Cavalcade will come your way on May 30 and will be hosted by Nina Kallen at Insurance Coverage Law in Massachusetts, http://insurancecoveragemassachusetts.blogspot.com.
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