For 20 years, I've helped enterprise companies, government agencies, and small businesses define their message, tell their story, and connect and engage with their audience.
The importance of UBO due diligence in global M&As
Understanding who the ultimate beneficial owner (UBO) of a corporation is when engaged in any type of international corporate deal, is a key task that is often overlooked. Verifying UBO details as part of a KYC check has historically been conducted by compliance teams at financial institutions. But now, especially as more countries adopt UBO reporting regulations, obligations are expanding to other business sectors.
It is a compliance task that extends beyond just reporting the required UBO d...
Chapter 7 bankruptcy cases: Evaluating a secured creditor's position
The year 2020 was tough for many businesses, many of whom were severely impacted by the COVID-19 pandemic. Although a great number of companies have remained afloat, in part due to government loans and mortgage and loan forbearances, financial experts predict a ‘tidal wave’ of bankruptcy cases as the relief period expires.
If you’re a transactional practitioner, you may find yourself representing a secured party in Chapter 7 and Chapter 11 bankruptcy cases or working as part of or alongside t...
What is a Certificate of Authority? (And when do I need one?)
If you’re doing business in another state, you are required to register your corporation or LLC in that state. The process is referred to as “foreign qualification”.
In many states, the first step for a foreign LLC or corporation to obtain the legal right to operate in another state is to file for a Certificate of Authority.
Certificate of Authority: Definition
A Certificate of Authority shows that you are authorized to do business in a state other than your original formation state. A Certif...
How Higher Education Institutions Can Take Control of Their Data | Higher Digital
There is a lot of confusion in higher education about the term “data governance.” Is it the same as data quality or data management? We recently demystified data governance and explained the key pillars of any data governance initiative including data responsibility, data quality, data privacy, and data security.
Here, we continue this topic by outlining actionable steps needed for a successful data governance strategy and tips for getting started.
When do I need to register my business in another state?
Your business has been growing, and you may be considering expanding into another state. But there are some things you should know before making the leap.
Companies that expand their operations across state lines may be subject to the new state’s registration or “foreign qualification” requirements. Let’s explore what that means and why it’s essential to comply with these important rules.
What is foreign qualification?
Foreign qualification is the process of registering your business to opera...
Demystifying Data Governance for Higher Education Institutions
There’s a lot of confusion in higher education about what data governance is. Is it security, is it policy, is it data quality? In this blog, we demystify data governance for higher education institutions, explore the signs that your institution may have a data governance problem, and examine the key pillars of data governance.
The difference between data quality and data governance
First, let’s dispel a common myth; that data quality and data governance are one and the same:
Data quality is ...
What is a data governance framework?
Data is a top priority for the public sector and a strategic asset. Through data analytics and data visualization, agencies can manipulate and explore their data, discover patterns and connections, and answer new questions. Then, through data sharing, they can streamline operations, reach consensus across organizations, and improve outcomes. Ultimately, data analytics enables real world results so government agencies are better positioned to scale and address rapidly evolving crises like the ...
Pave the way to a smart city with vehicle recognition technology
When it comes to smart cities, many leaders struggle with where to start. The options can be overwhelming, with political, financial and technical challenges too often curbing progress. But, as the World Economic Forum pointed out, a bundle of small projects that ladder up to a larger aggregate system can be an accessible approach to modernizing smart city infrastructure.
One technology already likely installed that can pave the way for cities transitioning core services to smart models -- and it may come as a surprise -- is license plate and vehicle recognition technology.
Global M&A trends to look out for in 2021
2020 was a year full of uncertainty due to the far-reaching and extended effects of the Covid-19 pandemic. Yet, despite a halt in M&A activity early in the year, as businesses began assessing the impacts of the pandemic and actioned recovery plans, there was a significant resurgence in transactions during the second half of the year.
This acceleration of activity is predicted to continue through 2021 and surpass levels seen in 2019. Even as the pandemic wears on, organizations must decide how...
How CISOs Can Use Authority To Strengthen Supply Chain Cyber Security
Stopping every attack is unrealistic but doing the same thing repeatedly and expecting a different result isn’t going to cut it anymore. Despite years of heavy investment in security controls, organizations aren’t seeing the level of cybersecurity hygiene they need.
If CISOs are to combat emerging supply chain cyber security threats, a new approach is needed. It’s time for CISOs to capitalize on their authority. Rather than throw up their arms and say there’s not much more they can do to redu...
How to Measure Cybersecurity Risk Across Your Digital Ecosystem
Cyber risk is everywhere. As organizations become increasingly interconnected — across business units, geographies, subsidiaries, remote offices, and third-party networks — the digital ecosystem is expanding rapidly. And this increased attack surface introduces a variety of new and evolving vulnerabilities.
With the cost and frequency of cyber attacks on the rise, it’s more important than ever for security leaders to be able to prove that the investments they’re making to reduce cybersecurity...
Common Cybersecurity Vulnerabilities and Exposures to Pay Attention to in 2021
It’s no surprise then that security and risk leaders are taking a closer look at hidden threats – both within their own organizations and across their vendor and partner ecosystems – and focusing more than ever on mitigating risk exposure. In the days following the SolarWinds hack, BitSight observed that 71% of organizations with publicly exposed, trojanized versions of the SolarWinds Orion platform acted to patch or remove those instances from their network.
Ransomware Emerges as Most Destructive Cybersecurity Trend of 2020
Almost overnight, businesses transitioned to a remote workforce introducing unique exposures and vulnerabilities that were quickly exploited by aggressive forms of ransomware. Studies show that in the first two weeks of March there was a five-fold increase in ransomware attacks. By mid-2020 the number of reported global ransomware incidents increased by an astonishing 715% year-over-year.
This isn’t surprising. Ransomware is a phenomenally successful and profitable business for cyber criminal...
The year in review: Our top 10 articles of 2020
The year 2020 was transformative. A global pandemic hit businesses hard. At the same time, technology and medical advancements happened at record speed, creating new opportunities and hope for the future.
To help businesses navigate this dynamic time, our experts shared a wealth of insight and information. Below, we round up some of the year’s most popular articles on CT Corporation's website.
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Applying the NIEM Standard to the Opioid Epidemic, COVID-19, and Other Problems
If 2020 has taught us anything, it’s the value of data. As the COVID-19 pandemic spread across the U.S. earlier this year, most states were unprepared to deal with it. Those states that have “followed the data” have more successfully managed the epidemic’s toll on public health and the local economy. But for many states, information sharing and data analysis is a perpetual challenge. To glean insights, data points must be integrated from vario...