CNA Blog— From the Experts

In our ever-changing and competitive business environment, your business must make continual advances in technology, innovation and solutions to enhance your processes, production and ultimately your profitability.

Infections acquired in healthcare settings — known as healthcare-associated infections (HAIs) — occur in one of every 25 patients.1 HAIs extend treatment time and hospital stays, as well as increase morbidity and mortality levels. In addition to these adverse patient care effects, HAIs create significant burdens for healthcare organizations in the form of associated financial and reputational costs.

Cyber security is a critical challenge for businesses in any industry and of any size. Even the biggest companies and brands can be victimized by cyberattacks.

For banks and other financial institutions, a continuous focus on adapting to regulatory changes, minimizing systemic risks and anticipating the effects of economic shifts is essential. And while your financial institution faces more complex challenges today than ever before, it is critical not to overlook the physical exposures that are more within your control. Learn five strategies to reduce costly slip and fall claims.

Whether a piece is sold through an auction or a direct sale to another person or company, serial numbers are seldom checked. As a result, thieves —including organized crime rings— are attracted to this low-risk, high-reward opportunity.

There is no question that the forthcoming General Data Protection Regulation (GDPR) will bring with it big changes to organisations; but change is not necessarily a bad thing, and GDPR should be viewed as an opportunity rather than something to be feared.

A new cornerstone of the GDPR is the obligation to not only comply with, but to also demonstrate this compliance.

Whether your contracting firm is renovating a historical facility in Vancouver, building a warehouse in northeast Alberta, or green retrofitting an office in a Toronto high-rise, your construction site has exposures.

The GDPR enhances existing data subject rights previously provided for under the Data Protection Directive 95/46/EC, while also introducing new rights, which will have large implications for business that gather or process personal data.

Multinationals that have some form of operations within the European Union will be majorly affected by the GDPR, making it not too much of a surprise that almost 40% of multinationals saw regulatory risk as one of the biggest rising risks in CNA’s latest Risk and Confidence Survey.