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Since 1950, Raley, Watts & O’Neill has been serving the insurance needs of our clients. We started as a one person operation in Lexington Park, MD and are proud of our small town heritage. We have worked hard to maintain the fundamental principles of our roots while we have grown into a company that serves clients throughout the Mid-Atlantic, the United States and Internationally. We pride ourselves on getting it right and taking care of the needs of our clients. We simplify the insurance process and take the time to make sure each of our clients understand their options, what they are buying and where their money goes. Our committed staff has the expertise and extensive experience in a broad range of insurance products and services like Commercial, Personal, Bonding, Safety/Risk Management, Group Health, Life and Financial Services. We would welcome the opportunity to demonstrate to you how working with Raley, Watts & O’Neill is about more than just insurance; it is about a long term relationship. We always strive to never veer from our values – C.A.R.E
Cyber Compliance in 2015
CyberCyber compliance will continue to be a hot topic of conversation for businesses of all sizes in all industries in 2015. As companies continue to gather an enormous amount of data from nearly every person that it touches, breaches in this area of compliance could make nearly everyone in the world vulnerable in some manner. From its employees to its customers, companies gather sensitive information that can be exploited by unscrupulous hackers. Part of the cyber compliance plan for 2015 will be centered on the continued strengthening of regulations that were handed down in 2011. As more businesses go mobile by using cloud based options, as well as information technologies and social platforms, new products that are aimed at ensuring cyber compliance will continue to emerge. Providers of these security services will likely continue to see their business structure grow as about half of all businesses will chose to outsource this area to those that specialize in cyber compliance. Small and medium sized businesses are likely to be the ones who continue turn to cloud based data security solutions in 2015. Due to their lean budgets, lack of expertise and inability to maintain a dedicated staff member or department who focuses solely on security issues, these businesses are most likely to outsource compliance in some way. For many of these companies, their solutions to this vexing problem could be investing in new services such as security information and event management (SIEM) and data loss prevention (DLP) tools. These products are often customizable and user friendly, allowing businesses to implement security measures with just a few clicks of the mouse while investing a minimal amount of time. Other companies will choose to have a security specialist on retainer. This allows them to tap into the expertise of this professional at key points in time including monthly check-ups to ensure compliancy as well as during crisis events.
Gordon O’Neill
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