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COMMERCIAL INSURANCE PROFILE SEPTEMBER 2023

Cyber-Criminals are weaponising Artificial Intelligence Artificial intelligence (AI) has become increasingly popular in recent years, offering functions that stimulate human intelligence. While AI technology offers numerous benevolent applications, it can also be weaponised by cyber-criminals. In an experiment conducted by cyber-security firm Home Security Heroes, an AI tool was able to crack 51% of common […]

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RISK INSIGHTS

Leveraging AI in Employment Decisions: Balancing Benefits and Risks   Organisations are increasingly utilising artificial intelligence (AI) in employment-related decisions. According to the Society for Human Resources Management, around 25% of organisations use AI technology for HR processes, such as recruitment, hiring, performance evaluations and retention determinations. Although AI technology can offer several benefits (eg

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CYBER-HYGIENE BEST PRACTICES

As cyber-attacks become more frequent and severe, it is increasingly important for organisations to practise good cyber-hygiene to minimise their loss exposures. Cyber-hygiene refers to habitual practices that ensure the safe handling of critical data and connected devices. The practices in the attached can help keep technology, networks and data protected from digital threats, including

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COMMON CYBER SECURITY MEASURES

Every year, the Cyber Security Breaches Survey, commissioned by the Department for Science, Technology and Innovation as part of the National Cyber Security Programme, provides valuable insights into cyber-security and data breach trends reported by UK employers. This infographic provides information on the actions organisations have taken to bolster their cyber-security efforts in the last

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EMPLOYEE WELL-BEING

Brought to you by the insurance professionals at RS Risk Solutions Ltd Understanding Gen Z Amid the tight labour market, it’s critical for employers to review their attraction and retention strategies to attract the very best talent, including includes Generation Z (Gen Z) employees. Gen Z refers to the generation born between the late 1990s

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EMPLOYEE WELL-BEING

Brought to you by the insurance professionals at RS Risk Solutions Ltd Conducting a Skills Gap Analysis Many employers experience a growing need to upskill or reskill their workers to address talent shortages. As such, a skills gap analysis can be an important tool to drive and shape workforce planning. Such an analysis sheds light

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CHECKLIST

Hiring the wrong person for a position can be costly and time-consuming. It can also create unsafe workplaces; damage morale, company culture and employer branding; increase employee turnover; and reduce productivity. For this reason, many employers are focusing on how to improve hiring outcomes. Organisations that strive to hire the right individual the first time

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NEWS BRIEF

Provided by: RS Risk Solutions Government Launches Initiative to Help SMEs Save Money and Cut Carbon Emissions On 14th August 2023, the UK government launched a service to help British businesses save money by reducing energy costs and cutting carbon emissions. The new UK Business Climate Hub includes a carbon calculator and other tools to

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