Posts Categorized: Business News

Health and Well-being for Self-employed and Freelance Workers

Posted by & filed under Business News, Risk Management, Tips and Ticks.

There are nearly 5 million self-employed people within the UK—that’s 15 per cent of the workforce, according to recent figures from the Office for National Statistics. That’s an increase of 47 per cent more self-employed workers since 2001. And while many may imagine self-employment as a liberating experience, the reality isn’t quite that simple. Despite […]

Government Releases Guidance for Possible ‘No-deal’ Brexit

Posted by & filed under Business News.

As Brexit approaches on 29 March 2019, only seven months remain for the UK government and the EU to sign a withdrawal agreement, ratified by both the UK Parliament and European Parliament. Without a concrete agreement established under Article 50 of the Lisbon Treaty, Brexit would result in a no-deal scenario, forcing the UK to […]

How GDPR Will Expand Your D&O Liability

Posted by & filed under Business News, GDPR.

On 25 May 2018, the General Data Protection Regulation (GDPR) comes into effect, which expands the rights of individuals and their data while placing greater obligations on organisations that process personal data. As cyber-related requirements become more stringent under the GDPR and directors and officers (D&Os) shoulder more liability than ever before, industry experts are wondering […]

Recent Cyber Security News and Prosecutions

Posted by & filed under Business News, Cyber News.

Experts Claim that 80 percent of Cyber-attacks are Preventable According to the former head of cyber-crime at the National Crime Agency, 80 percent of cyber-attacks are preventable. To help ensure that your organisation is able to prevent as many cyber-threats as possible, it is important that you regularly update your network security, install and update […]

Unprecedented Rainfall to Batter Britain This Winter

Posted by & filed under Business News, Risk Management.

Nearly 17,000 homes and businesses flooded during the winter of 2015-16, and this winter is supposed to be worse. Britain is expected to experience unprecedented rainfall, with predicted records to be broken by up to 30 percent, according to the Met Office. What’s more, according to the Royal Institution of Chartered Surveyors, 300,000 commercial properties […]

Understanding GDPR Consent

Posted by & filed under Business News, GDPR.

The General Data Protection Regulation (GDPR), or the Data Protection Bill, will come into force on 25 May 2018. Despite there being less than a year for UK organisations to become compliant, the Information Commissioner’s Office (ICO) has yet to finalise its GDPR consent guidance, which it plans to release in December. As the specifics […]

One Year Countdown Until GDPR: Is Your Organisation Compliant?

Posted by & filed under Business News.

In less than a year, the EU General Data Protection Regulation (GDPR) will come into force. The forthcoming guidelines are intended to create uniform data protection rules for EU member states. Despite Brexit, UK organisations that want to conduct business in the EU must also comply with the GDPR. The government has confirmed that the United […]

Directors and Officers Are Held More Accountable

Posted by & filed under Business News, Risk Management.

As risk becomes more complicated, Directors and Officers are held more accountable. Since the financial crisis in 2008, claims against directors and officers have grown more frequent, complex and expensive. One reason for this rise is government legislation that has increased business transparency and placed the responsibility on directors and officers. In fact, after new […]

IPT (Insurance Premium Tax) Increase – 1 June 2017

Posted by & filed under Business News.

On 1st June 2017, the IPT, a tax on general insurance premiums, will increase from 10 to 12 percent, meaning the tax has doubled in just 18 months. This increase will affect 27 million households, 17 million drivers and most businesses, potentially increasing their insurance premiums, according to the British Insurance Brokers’ Association (BIBA). When […]

Aftermath of WannaCry Ransomware Yet to Be Seen

Posted by & filed under Business News, Cyber Risks.

WannaCry, a ransomware program that targets a vulnerability in outdated versions of Microsoft Windows, has spread across 150 countries and infected more than 230,000 computers since it was launched on 12th May. It disrupted many NHS hospitals in England and Scotland, infecting up to an estimated 70,000 devices including computers, MRI scanners, blood storage refrigerators […]