For most employers, the Affordable Care Act (ACA) has brought increased healthcare costs and administrative time. One way employers are dealing with ACA compliance is with technology. In fact, the market of ACA compliance software is growing rapidly. From startups to payroll companies to veteran health insurance companies, there are a variety of companies offering compliance technology solutions to help employers manage compliance efficiently and accurately. Continue reading
A newly formed Chinese-American joint venture said Thursday it has raised $100 million to help build a long-awaited high-speed train connecting Las Vegas and Southern California.
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Hacker attacks or faulty software could shift the burden of legal and regulatory liability toward makers of self-driving cars and away from customers, experts say, forcing regulators and insurers to develop new models.
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Cyber risk is costing the global economy $445 billion annually, $108 billion of which comes from the U.S., according to a new report.
The report from insurer Allianz Global Corporate & Specialty also predicts cyber insurance premiums will grow globally from $2 billion per year today to more than $20 billion over the next decade. Continue reading
Data mining and analytics – techniques for exploration and analysis of large quantities of data in order to discover meaningful patterns, trends and rules – helps hotels sift through massive data sets for meaningful relationships, where they can anticipate, rather than simply react to, customer needs. However, simply investing in data-mining technology may not guarantee success. Continue reading
Hackers can already take control of a car. And as vehicles become rolling shopping malls, cybercriminals will have an opportunity to snatch your identity, too.
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A U.S. appeals court on Monday said the Federal Trade Commission has the authority to regulate cyber security and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp. of failing to safeguard consumers’ personal information. Continue reading
Having one person handle all aspects of accounting puts a business in a VERY vulnerable position. There is no one there really checking that everything is accurate and watching the money so to speak. This leaves a lot of room for employee dishonesty. There are some basic controls that can be put in place to help eliminate such losses. The easiest may be an annual outside audit, to help lower the risk of fraud. Small business owners often feel close to their employees and put a lot of trust in them leaving little room for acknowledging dishonesty. Continue reading
