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Posts of Chris Camacho

Business Risk Profile: Pharmaceuticals

March 21, 2018

Companies in the innovation-driven pharmaceutical industry are no strangers to risk. Operational risk is an inherent aspect of pharmaceutical research and development, with 4.9 percent of new drugs making it from first toxicity dose to final market approval. Pharmaceutical companies also face financial and strategic risks when bringing new drugs to market, as well as […]

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Business Risk Profile: Hospitality

March 20, 2018

From restaurants and nightlife venues to hotels and tourist attractions, hospitality companies play a crucial role in economies worldwide while providing space for leisure activities, entertainment, socialization, and travel. The hospitality industry has been around for more than a thousand years, continually adapting to societal and technological development. In the past 20 years, hotels, for […]

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Business Risk Profile: Manufacturing

February 6, 2018

As a critical infrastructure sector, the manufacturing industry is a primary driver of economic development and growth, enabling everything from local utility services to global trade. The critical importance of manufactured goods in modern society means a successful attack against a major manufacturer could trigger a domino effect, leading to widespread economic disruption across supply […]

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Business Risk Profile: Transportation

January 10, 2018

If the telecommunications sector is the central nervous system of the global economy, then the transportation sector is its circulatory system. Each day, transportation operators move millions of passengers and tons of freight by air, rail, road, and sea. The sheer scale, scope, and critical nature of transportation services exposes operators to a variety of […]

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Business Risk Profile: Third-Party Risk

December 20, 2017

There are many strategic advantages to outsourcing, from cost optimization to having an increased focus on an organization’s core competencies. However, entrusting third-party vendors, contractors, or partners with access to internal systems and data can expose organizations to certain risks. In the event that a security incident or breach of a third party inadvertently jeopardizes […]

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Business Risk Profile: Insurance

December 12, 2017

The insurance industry plays a unique role in modern society, providing individuals and organizations with a sense of financial security when faced with unforeseen circumstances. Unfortunately, the insurance industry is also unique in how and why it is susceptible to fraud, phishing, ransomware, credential theft, and other cyber threats. Indeed, many of these threats have […]

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Business Risk Profile: Telecommunications

December 5, 2017

Telecommunications companies play an important role in providing the critical infrastructure that enables global interconnectivity. Each day, billions of people around the world rely on telecommunications services for business, personal correspondence, education, entertainment, and general information. The pervasiveness of telecommunications in modern society—an estimated two-thirds of the global adult population either owns a smartphone or […]

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Best Practices for Combating Fraud in the Insurance Industry

November 7, 2017

Today’s fraudsters are nothing if not resilient. After all, combatting fraud is often compared to a game of “whack-a-mole” —and for good reason. Just as organizations across all sectors are continually developing new ways to prevent fraud, fraudsters are continually developing new schemes. While a new anti-fraud measure may help decrease one type of fraud, […]

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Business Risk Profile: Aviation

November 2, 2017

For adversaries seeking to attract global attention, cause widespread disruption, or gain access to proprietary information, the aviation industry can be a desirable target. Not only do the world’s airlines carry more than 3 billion passengers every year and a maintain a substantial stake in the global economy, aviation companies harbor access to an abundance […]

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