Remove 2017 Remove Management Remove Marketing Remove Risk Management
article thumbnail

4 Types of Insurance for Cannabis Companies: Do You Know the Hidden Traps of the Industry?

Strategy Driven

With $8 billion in legal sales in 2017 and an estimated $42 billion in illegal sales that same year, insurance companies expect continued increases in the legal market as more states change their laws. The market demands coverage and more insurance companies interested in entering the market.

article thumbnail

How to deal with cyber-attacks: publicly or privately?

Strategy Driven

Cyber attacks spiked 164% in the first half of 2017, compared to the same period in 2016, entailing 918 disclosed breaches-according reports on broadcaster CNBC. Middle-market businesses often assume they’ll be overlooked by attackers, whether due to a large number of similar companies, or a lack of enticing assets.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business Review

Does a robot manage your money? Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. This would represent between 10% and 15% of total retail financial assets under management.

article thumbnail

How a Cyber Attack Could Cause the Next Financial Crisis

Harvard Business Review

Ever since the forced bankruptcy of the investment bank Lehman Brothers triggered the financial crisis 10 years ago, regulators, risk managers, and central bankers around the globe have focused on shoring up banks’ ability to withstand financial shocks. Peter Dazeley/Getty Images.

Crisis 9
article thumbnail

Do Lawyers Make Better CEOs Than MBAs?

Harvard Business Review

Meanwhile, one of Well Fargo’s chief competitors, Bank of America, has been relatively scandal free, with impressive revenue and profit results for the first half of 2017. When it came to risk taking and other behaviors that could generate litigation, lawyer CEOs appeared to act differently from non-lawyer CEOs.

CEO 8
article thumbnail

The Internet of Things Is Going to Change Everything About Cybersecurity

Harvard Business Review

In 2017, the number of breaches is anticipated to rise by 36%. Despite increased spending and innovation in the cybersecurity market, there is every indication that the situation will only worsen. The scope of IoT is far too complex for a traditional security teams to manage with legacy solutions. Paul Taylor/Getty Images.

System 8
article thumbnail

Medical Systems Hacks Are Scary, but Medical Device Hacks Could Be Even Worse

Harvard Business Review

Spurred by an aging population, increases in chronic disease, and technological breakthroughs, the electronic medical device market is poised to reach an estimated $398 billion in 2017. nonacute were actively deploying significant mobile device management protocols. Such devices are becoming more and more common in health care.

System 8