In an environment where it is impossible to be prepared for every consequence of every event, business leaders instead need to practice the art of thinking strategically in a pinch.
A 2011 staged pirate attack on a Greek cargo vessel was an outlandish attempt to collect an insurance payment. These extreme fraud claims pose a legitimate threat to marine underwriters.
Distributed ledger technology has the potential to improve supply chains worldwide and to minimize product recall losses. Now is the right time to prepare for widespread adoption.
Employee theft isn’t a one-off act like once perceived; many employees stealing from their company have been with the institution for years — and they’re not acting alone.