How is cyber risk impacting on your business objectives
Are you staying ahead of the game? Do you have the latest cyber risks under control? A little cyber risk awareness training might provide a little insight for you to build upon.
To some of the guesswork out of your cyber risk management planning
Tap into the current cyber risk trends. Find ways to protect your enterprise better against latest cyber risks. Get insight into harmful cyberattacks. Business leaders exploring the top emerging cybersecurity and risk management trends.
The conference will put the spotlight on cyber risk trends. Learn how to strengthen your defence against cyber risks.
British Airways is one of the latest big name organisations to suffer a loss of data following breach of cyber security systems. They are not alone and will not be the last.
Business leaders are increasingly conscious of the impact cybersecurity can have on finances reputation and business performance. It can be hard keeping on top of the current cyber risk trends. The International Cyber Risk Management Conference in Bermuda will explore the latest threats 6th to 7th December 2018.
Register before 30th September to save $300. BusinessRiskTV readers can get an extra 10 percent off when they book if you quote code RISKTV.
Not just shops! Just shopping on the High Street is no longer enough for the consumer nor the High Street. We have to be a bit smarter more innovative and put into action a more radical approach to delivering what people want from the High Street now.
Britains High Streets have a bright future if entrepreneurs business leaders and local planners are a bit smarter
The High Street will become a bigger part of the community not less if we work at building a better future for the High Street in UK.
Retail therapy is still important to many but the High Street can do so much more for the local community
Retail experts have a role to play on the High Street in the UK. They need to be a bit more imaginative creative and innovative to deliver a High Street fit for the future. Selling stuff is no longer enough. Entrepreneurial retailers will sell experiences night and day.
The notice of the Death of the High Street is premature!
Are you interested in retail business?
Want free tips advice and support to grow your retail business faster? Want the latest retail news discussion debate and product reviews? Need to market your retail business more profitably?
Live Online Discussion Future of the High Street
Seeing the death of the High Street in UK or does the High Street have a new brighter better future?
Develop access to overseas marketplaces. Develop a new strategy to access new incomes streams. Diversify your income streams and build business resilience.
Overcoming Trade Barriers
Do not know where to start to export more overseas? BusinessRiskTV.com can help you overcome barriers to more overseas trading.
Join the relevant working group for your business
Cooperate and work together to generate new revenues
Agree the best new business development strategy
Work with local and global business management experts to overcome all trading barriers. Combined risk knowledge will help you break into new markets. Grow your business faster and build business resilience.
We help you increase market access. Enhance capability to remove barriers to overseas trade. Learn how to overcome barriers to trade yourself.
Work together to negotiate who will do what and when.
Inadequate risk knowledge may be holding your business back.
Reduce the costs of exporting more overseas
Exporting more not only increase sales it increases business resilience
Connecting people with demand with people who can supply.
What Are Your Tips For Increasing Overseas Trade
Maybe you you have your own best tips to increase trade? Any questions on increasing your overseas trade? Engage online with your Twitter account.
Improving your business productivity is the most important task today. Improving your productivity is the panacea for your business. It will solve most of your business problems. Reduce most of the threats to your business.
Reduce risk of being strangled by skills gap
Build resilience to yet unknown risks in future
Improve quality of products or services
Reduce the amount of work you need to do
Improve the work life balance for your employees
Engage your workforce more
Increase job satisfaction
Increase employee retention and reduce staff turnover costs
Improve your business performance
Build a better business brand
Increase the value of your business.
There is much to be gained from learning productivity improvement techniques and little to be lost.
Develop simple effective new business development strategy
Simple changes to your workplace to improve productivity in reach. They are within your business already but need bringing out. We will help you find a better way of working.
Our productivity improvement techniques use what you have already. We will help you develop effective strategies for increasing productivity at work. Adopt tools and techniques to sustainably boost your business performance.
Effective strategies for increasing productivity at work
Productivity improvement will increase profit. This will make your business sustainable not new sales. Continuous improvement is achievable. External risk drivers will threaten your business. They will also create new business development opportunities.
Use productivity improvement techniques to grow your business faster. Or use these tools to build existing business resilience.
Intelligently plan your work. Focus your resources effort and time on what works well. Learn how to increase productivity in your workplace.
Improve workplace efficiency
Boost business performance.
Build business resilience
Sustainable business success comes from smarter working not working harder.
Our business intelligence tools and techniques protects your business better. Grow more sustainably with less uncertainty. Look to the horizon to see the threats and opportunities. Put in place the best risk management action plan.
Analyse emerging risks and developing existing risks
Every day you can find multiple great ideas that could potentially disruptive the current way of doing things. My favourites at the moment are flying modes of transport that could easily replace vehicles that have to travel on roads and flying machines that briefly go to space to get to their destination quicker. They may seem like far off technological developments, but the technology works now. Its flight rules and regulations that will hold them back to protect carmakers and airplane makers not technology risks.
Everyday new innovative ideas and products flood onto the market. For most it will be like Tomorrows World. The innovative ideas will not be sustainable. We want to work with people who want to take over the world in a good way!
Your brand maybe vulnerable to others who have been thinking differently, or from changes to the marketplace. It may fail cause your performance ain’t good enough, or because your competitors change the rules of the game.
How you fail may not matter too much after you’ve failed. It will be too late to consider what you are doing wrong. Kodak didn’t want to change when they had to change to survive. They were making too much money from photographs to change to embrace digital photography. Market changes can kill the best businesses.
The best form of defence is often attack
Being more innovative or creative can be frightening. Picking the wrong horse in a paddock of new opportunities can be very costly. Innovation can also be exciting and highly rewarding.
We aim to make innovation for you more exciting and rewarding as well as reducing the uncertainties that accompany innovation and creativity. Disruptive innovators can draw on our tips advice and support to become more successful with more certainty.
Its about connecting business leaders to local suppliers more easily
Local Suppliers Near Me
The benefits of local sourcing of business products and services are many and varied from environmental benefits to real cost savings to security of supply lines to flexibility of delivery.
In the UK it is more expensive to import goods and services from overseas due to around a 10 to 20 percent fall in the value of the pound against a basket of foreign currencies in the last 12 months. Where there may have been a substantial price difference between imports and domestic suppliers, this has mostly gone as can be witnessed by the fact that the UK is exporting more now that at any time since 1995.
BusinessRiskTV is championing local UK suppliers
We’re helping to connect UK companies with nearby local suppliers when business leaders source new products and services.
Stand out more from the crowd! Support UK businesses. Help promote local business growth by supporting your local business. Get real added benefit from new local suppliers and support them to help your own business needs. Help new local suppliers to grow with you for a long-term business relationship. Develop a more sustainable business model.
Sourcing products from around the world can lead to more cost and more business interruptions and less flexibility in meeting your customer needs.
Develop shorter local supply chains to build your business with more certainty. In a new Brexit world developing more local suppliers will guard against the negative impact of currency fluctuations.
Undertake thorough due diligence to ensure your new local suppliers are not going to increase the risks to your customers. Trust BusinessRiskTV to help you buy local next time.
Learn how to become one of our Local Suppliers by subscribing FREE to BusinessRiskTV
Tailored cyber risk management training for executives
Cyber risk experts will create bespoke cyber risk management training course for your executives or attend Cyber Risk BusinessRiskTV online courses.
Develop the cyber risk knowledge and risk management skills to assess the risk to your company or enterprise and decide on suitable cyber risk controls.
Develop your corporate cyber risk management capability to protect against financial loss and brand reputation damage.
Increase your awareness of the risks to your business after attending one of Cyber Risk BusinessRiskTV executive training courses.
International Cyber Risk Management Conference ICRMC Bermuda December 2018
Luke Dembosky, former Senior DOJ Cyber Official to Keynote Bermuda International Cyber Risk Management Conference. Dembosky will share top cyber incident preparation and response strategies drawing on 16 years on the front lines of high profile cyber incidents including while at the US Department of Justice.
Mr. Dembosky joins a set of world-class cyber leaders that will be speaking at the event including Silicon Valley and Wall Street CISOs global cyber leaders from insurance and industry along with regulators and technology trailblazers with an eye on cyber security.
Register now early bird deadline is September 30 2018. Book now to get a massive discount if you are interested in cyber risk management.
Are you responsible for managing corporate cyber risk?
Get a quote for tailored cyber risk management course for the board, senior executives and senior managers.
We work in collaboration with other business risk management experts around the world to help solve corporate risks and below is risk information to help you understand part of the solution for cyber risk management – cyber insurance.
Neil Gurnhill CEO Node International Explores Cyber Insurance To Protect Businesses Better
Business Activity Risk Profiling VS Scaremongering Will Increase Your Cyber Insurance uptake
The key to engaging with a potential client to discuss and provide cyber-risk insurance is to approach the discussions from their real business activities’ needs rather than any generalised knowledge they have gleaned from recent cyber-security threats or events reported in the national broadcast and newspaper media.
For example, most retail brokers engage too early in conversations about ‘hacking’, ‘denial of service’, ‘phishing’ and ‘social engineering’ and such like. As important as these topics are, it can often lead to a conclusion that the potential client has not been directly affected by these matters to date, therefore, they don’t need cover. Don’t forget the basic premise of insurance – it provides security for the future!
Our extensive experience at Node International, particularly in the USA and Europe, clearly tells us that the correct, and more successful approach is to start with an evaluation of the potential clients business activities.
For examples each of these activities has a cyber-risk profile so even though the potential client has not dealt with (say) a denial of service attack, the fact that over 80% of their business depends upon an ecommerce website highlights the substantial cyber-risk. Or they are highly dependent on a supply chain and/or contractor, of which they know little about their cyber-risk policies, again highlighting their potential cyber risk through the failures of others.
Taking this business activities profiling approach is a very logical systematic approach that engages the potential client. It is also quite simple to conduct. Start with a conversation about ‘mapping’ the high priority business activities and start introducing the question, ‘’What happens if…’’ Think of it as an ‘heat map’ of the business. When viewed overall, the client then sees the totality of cyber-risk they face. Then, the most effective cover can be assessed and priced accordingly.
It’s important not to think of early conversations as ‘selling cyber-insurance’ but providing an expert and value-added service to the clients. It is likely that they know very little about cyber-security and cyber-risk so building up the ‘heat map’ though sensible discussion helps the client. Nowadays, ‘helping the client to buy’ is far more effective than ‘selling’.
This is where Node International scores highly. As a wholesale broker and underwriter at Lloyds of London you can tap into our expertise and assistance. For example, by talking to one of our brokers before you go and see a client could help you tremendously. Even if you have never used Node International before, our brokers and underwriters are here to help you build your business.
Finally, lets step back a little. In the last two decades there has been a huge increase in businesses that are now dependent upon their technologies and digital capability. And, of course, the constant threat scenarios they face each day. From our experience, literally 99% of modern businesses (from small to large across all sectors) face at least one cyber-risk in their ‘heat map’. In effect, every business call you make is a potential satisfied client providing you approach it correctly and have a ‘value-added service’ at the forefront of your mind. As mentioned before, we can assist you with this essential skill.
Contact Neil Gurnhill, CEO Node International for more help with Cyber Insurance
BusinessRiskTV can help your business get prepared for the risks that threaten your resilience as well as the opportunities for business growth
Is your business prepared for the risks it faces in future?
Who or what will protect your business in future?
No one person or type of business protection will ensure your resilience and survival but you must at least be very clear how you are manage all business risks.
How well prepared your business will directly correlate with your ability to recover in the event of a major risk event. The lack of a practical plan of recovery could be the difference between business survival and business failure.
Although enterprise risks vary in scope form and size a well thought out business plan tailored to your business, will speed up your business recovery in the event of a disaster physical or reputation threatening.
Do not risk fatally damaging your business and all the investment in your key asset. The most resilient businesses have already thought through all types of risks and have a clear business sustainability plan regardless of the risk occurring.
With each risk your business faces, you need to know how to minimise the downside and maximise the upside outcomes.
Building your business takes a lot of time, effort and money. This can be lost in the blink of an eye. Where the threats come from are not always obvious and even the obvious ones may cost more than you think.
How badly have you acted in the past and how do you want to be viewed in future.What if you have not acted badly but have been accused of acting badly. How can you better protect your business reputation and business value.
Your greatest asset is the reputation of your business name or brand. Managing corporate reputation can seem easy, but it’s not always within your control. Sometimes damaging limitation needs is the best outcome. Take the best action to mitigate damage.
Rebuilding corporate reputations
First you have to stem the negative outflow of business value from your brand, then you can rebuild your reputational asset.
All levels of the organisation need to act appropriately at the right time to restart or repair reputation.