A former QBE Insurance Group Ltd. executive and an accomplice embezzled $2.6 million by submitting phony invoices in which the name of the chief financial officer was forged, according to U.S. prosecutors. James J. Shea, a former QBE vice president who was responsible for integrating the...
It’s taken several years, billions of dollars in breaches, and one large-scale hack that rocked the entertainment industry, but Congress is finally on the verge of passing a cybersecurity bill that could make Target breaches far less devastating. In a majority 307-116 vote Wednesday, the U.S....
When computer scientist Michelle Lee joined Google as its first head of patent strategy, the company held a few dozen intellectual property grants. When she left eight years later, Google’s portfolio spanned 10,500 patents. The patent explosion inside Google during Lee’s tenure there is emblematic of...
Five considerations to define a healthy balance within ERM
Where does the board’s role begin and end regarding risk? A company's core objective is to create and increase wealth for its shareholders. Collectively, directors provide leadership toward this objective through two primary functions: 1) decision-making and...
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In the rapidly changing world of known and unknowns, the new age of answers thrives; the global age awakens the truth, a new messiah cometh. How literate are we to cope with the new global age challenges and why the business world is so much immersed...
Effective board and board committee meetings start with a well-built agenda. The agenda outlines the intended flow of the meeting or call. While there is great diversity in how they are crafted and by whom, every agenda should advance the board of director’s effort in...
Sen. Cory Booker is leaping into the political fight over whether to let cities build and operate their own Internet service. On Thursday, the New Jersey Democrat will introduce a bill that would help local towns set up public alternatives to big Internet providers such as...
The Consumer Financial Protection Bureau is suing Sprint, the country's third-largest wireless carrier, for taking hundreds of millions of dollars from its customers without their knowledge. Sprint allowed third parties to add fees to customers bills, though it knew those customers likely didn't know about the...
