Technology & social media Archive

Jul 30, 2019
Preparing insurers for Connecticut’s new data security law
Connecticut Governor Ned Lamont on June 26 signed into law the state’s new Insurance Data Security Law (IDSL), implementing a new regime of information risk management and event-reporting requirements for insurance licensees. When effective, the IDSL will affect the operations of all carriers, producers and other businesses licensed by the Connecticut Insurance Department (CID) but the impact will vary depending on an entity’s size, sophistication, volume of non...
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Jul 08, 2019
Forum urges investors to push for cyber-security
The World Economic Forum in a new report is calling for investors to press companies to prioritize cyber-security – and is proposing a framework for them to aid those efforts. Cyber-attacks have almost doubled in the past five years, undermining confidence in some companies and driving demand for more secure digital products. Attacks can cause major losses to investors by driving down company valuations. Investors providing capital to start-ups and small an...
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Jun 27, 2019
Many directors lack confidence on tech disruption, survey finds
A new study reveals widespread uncertainty among board members about their ability to cope with emerging technologies – highlighting the need to ensure directors are kept up to date on industry developments. Almost half (48 percent) of directors polled lack confidence that their board has the necessary resources to move the company forward in an era of ‘digital disruption,’ according to a survey by the EY Center for Board Matters (EY CBM) and Corporate Board M...
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Jan 28, 2019
Integrating tech into HP’s governance work
Integration has been a core theme over the past year for HP’s corporate securities international (CSI) team, which has been involved with the integration of Samsung’s printer business and has combined the separate US and non-US CSI units into a single team to tackle global governance and legal needs. The team reports to Katie Colendich, assistant general counsel, and Ruairidh Ross, deputy general counsel and assistant corporate secretary. In praising HP’s use ...
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Jan 24, 2019
Westpac compliance and legal set sights on 2020
Westpac group secretariat, which is part of the Australian bank’s compliance, legal and secretariat (CLS) division, has set itself a tough challenge in implementing the CLS 2020 project. This includes focusing on the following strategic objectives: creating the ‘workforce of the future,’ enhancing operational excellence, innovating through technology and data, delivering trusted advice and independent governance, and supporting the group to deliver its growth strateg...
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Jan 03, 2019
Podcast: New technologies bring retail investors into focus
This episode of the Ticker podcast is brought to you by Broadridge Financial Solutions.  While retail investors own about a third of US public company stock, few ever bother to vote their shares. But that’s changing. New technologies make small investors more likely to vote – while also making it easier to influence that vote. And with activists managing more than $200 bn in assets, the stakes for effective communication are greater than ever.  This wee...
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Oct 19, 2018
The week in GRC: SEC warns of cyber-threats around accounting controls, and Campbell Soup heirs back company in activist battle
– The Wall Street Journal reported that Harris Corp and L3 Technologies are to combine in the largest defense industry merger. The deal would join two companies with a combined market value of roughly $33.5 billion. The prospect of increased US government defense budgets and a boom in commercial jetliner sales have prompted a surge in deal-m...
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Oct 10, 2018
How blockchain can help the proxy process
For general counsel and corporate secretaries wondering what, when and how technology will impact the future of proxy communications, the answer is distributed ledger and blockchain technology - and it’s happening now. Although blockchain is widely known as the underpinning of bitcoin, its application to shareholder communications and proxy processing has the potential to transform how participants plan meetings, reconcile voting entitlements and cast votes. On Ma...
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