Soteryx

02/16/2023

https://www.soteryx.com/new-blog/controlling-your-organizations-narrative

Why controlling your narrative is good for your organization.

04/01/2022

The Soteryx Team gave a presentation on being entrepreneurs at the Reston (VA) Chapter of The Links, Incorporated Annual “Are you Ready” program on Saturday March 26th, 2022. The theme was Healthy, Wealthy & Wise…Your Numbers Matter!

We appreciated the opportunity to tell our story and build new relationships with a wonderful organization! Special thanks to Melonie Parker for her exceptional moderation skills!

We look forward to future events with the Links Incorporated.

03/29/2022

During times of international conflict, businesses need to be mindful of cyber attacks on the rise. The U.S. government is finding that small businesses are more at risk. This is due to not having enough resources for cyber security. Read more on tips to best prepare and protect your business.

Russia’s attack may have you wondering what will happen if the conflict spills into cyberthreats beyond Ukraine’s borders. Here’s what you can do to ease your mind.

01/16/2021

Five Steps of the Risk Management Process
1. Identify
2. Analyze
3. Evaluate
4. Treat
5. Monitor and Review
Not a fun topic, but an important one.
Also, here is an interesting article.

Congress and federal agencies have been slow or unwilling to address warnings about cybersecurity, shelving recommendations that are considered high priority while investing in programs that have fallen short.

01/12/2021

The Covid-19 pandemic has brought new light to the importance of risk management leaders. While everyone is still concerned about the upcoming year, it is still important to be as optimistic as possible for the 2021 year.

How are CROs, CAEs, and CISOs facing risks and building resilience? The latest findings and strategies.

01/11/2021

Cybersecurity has become a large concern for many companies; cyber attacks have become more frequent since the start of Covid-19. There has also been a growing concern from working at home; unfortunately productivity has slightly decreased and at home cyber attacks have increased.

“Conditions created by the pandemic exacerbate exposure to ransomware and other cybercrime”

Cyber Risk Management in the Pandemic Era Joshua Gold November 12, 2020November 11, 2020 No Comments Cybersecurity As the pandemic continues to wreak havoc and disrupt life and commerce globally, an epidemic of cybercrime is following close behind. As Risk Management recently reported, Coalition’s...

09/11/2020

We are proud to announce that our CEO, Shaun Wiggins, has been selected to serve on the Capital Region Chamber of Commerce's New Loan Fund Committee. We are even more pleased to share that the New Loan Fund Committee has announced that the Capital Region Chamber of Commerce's Capital Region Advancement Fund is now accepting applications. What is the Capital Region Advancement Fund? Glad you asked:

"The Capital Region Advancement Fund was created to provide low-interest loans to help area businesses who have been impacted by the COVID-19 pandemic. Businesses that demonstrate negative COVID-related impact such as reduction of revenues, employee layoffs, change in capital expenditures or disruption to expansion/growth plans are encouraged to apply. Funding can be used to retain employees, help cover expenses, support operations and make necessary adjustments toward a sustainable future.

The fund is available to for-profit businesses located in Albany, Columbia, Greene, Rensselaer, Saratoga and Schenectady counties.

Program Highlights:
-Loan amounts of $25,000 – $500,000
-Terms ranging from 2-10 years (depending on use of proceeds)
-Interest rate fixed at 1.5%
-Application fees waived
-Low to no closing fees
-Principal payments deferred for first 6 months
-No prepayment penalties
-No bank involvement required
-Limited collateral requirements for requests under $50,000

Eligibility
-Must be in business at least 6 months as of March 11, 2020
-Must be a For-Profit business located in one of the six counties covered by the fund (Albany, Columbia, Greene, Rensselaer, Saratoga and Schenectady).
-Applicant cannot have any bankruptcies or foreclosures over the past 3 years.
-Applicant can demonstrate COVID-related hardship through closing of business operations or reduction of revenues or employee layoffs or change in capital expenditures or disruption to expansion/growth plans.
-Recipients of SBA EIDL or PPP encouraged to apply if more capital is needed.
-Funds will help in the retention and/or creation of existing jobs (including self-employed individuals).

PLEASE NOTE: All requests above $50,000 must be secured by sufficient collateral.

-Funds cannot go toward investment income based businesses.
-Funds cannot be used for refinance or consolidation of existing debt.
-Membership in a local, county or regional chamber is not a requirement.

To learn more about the Capital Region Advancement Fund and how to apply, please fill out the form located at www.capitalregionadvancementfund.com and a member of the Region Chamber Commerce staff will contact you.

If you have questions, please email [email protected]."

06/25/2020

Corporate America, if a donation and a social media post could end systemic bias, we wouldn’t be where we are today. It’s an especially inadequate response from you, because here’s the bad news: You ARE the problem. The good news: It means you have the power to effect real structural change from within. Use it wisely. Here’s what we need to start doing immediately, on both an individual and an organizational level, from Shaun Wiggins:

https://www.linkedin.com/pulse/black-white-systemic-bias-shaun-wiggins/

When discussing systemic bias, it is important to keep in mind that we live in two Americas: One America serves as the beacon for the democracy, offering freedoms of religion, speech, peaceful assembly, resolution of grievances; protections of life, liberties and properties; rights of just trials; a

03/07/2020

Two cases of coronavirus have been confirmed in Saratoga County.

Here are a couple of resources for those in the area-
* A risk management guideline to prepare your business for potential disruptions caused by the virus:
https://www.soteryx.com/new-blog/pandemic-response

* Pandemics and how to protect yourself:
https://www.linkedin.com/pulse/planes-trains-pandemics-how-protect-yourself-during-travel-wiggins/

ALBANY – Gov. Andrew M. Cuomo on Saturday confirmed the first two cases of coronavirus...

03/04/2020

With 128+ cases and 9 deaths confirmed in 16 states and the onset of cases that aren’t directly linked to high-risk travel or personal connections, Coronavirus-related disruptions to businesses, schools, healthcare providers, and other organizations are escalating.

We’ve written a pandemic preparedness and response risk management outline to help you take an organized approach to staying informed and ready to respond to possible disruptions from the Coronavirus. It's also applicable to future disease outbreaks and a great resource have ready before you need it. Check it out using the link below. If you have any questions or would like assistance, please contact us.

Soteryx’s purpose is to provide clients and potential customers with a matrix for best practices and sound risk management preparedness regarding pandemics and other mass illness occurrences with the potential to disrupt commerce and everyday life. This is in outline form for ease of reference, ac...

03/04/2020

The has identified schools as very attractive targets for cyber attacks because they harbor sensitive data and provide critical public services. Criminals, juvenile pranksters, predators and even foreign governments engage in cyber attacks on schools to extort money, instill chaos, change grades, disrupt school systems and more. Case in point: schools experienced more than 500 ransomeware attacks in 2019. And, as digital learning grows so does the risk of cyber attacks. The problem is not going away.

I'm looking forward to our collaboration with the National School Boards Association to present the webinar "Understanding Cyber Risks in Our Schools and Homes" on Thursday March 5. Soteryx will share information on cyber risks that are challenging schools and homes as well as strategies to help manage these risks.

Big hat tip to Valarie Carty, Adam Lustig and the for tapping 's expertise to discuss this important topic.

More details found here: https://lnkd.in/epsxiiV