What Does Lloyd’s of London, Sinking Ships
CommSmart Global Group,
Have in Common?
By
Nicholas Ashton, CEO/CIO CommSmart Global Group
It is
something about 326 years of business,
the growth from simplistic beginnings to the world’s leading market. Insurance!
Lloyd’s of London is not the company, it is a marketplace for effective syndicated risk-takers.
CommSmart Global Group works on the same proven principles
of Edward Lloyd and John Julius Angerstein.
Which by the way, never met.
Lloyd opened a coffee house on Tower Street around 1688 and began attracting
all those concerned with shipping. The place became a favorite haunt of ship’s
captains, merchants and ship owners.
Angerstein was
a driving force behind the modernization of Lloyd’s and the continuing road map
in this ever-changing world. In 1795,
Angerstein became Chairman of Lloyd’s
This is
only part of the connection between Lloyd’s
of London and CommSmart Global Group, it is the second connection that is “making the difference”.
It was to
do with the buoyancy of ships, which we correlate to the stability of corporate computer data. The vulnerability of all information that is
treasured, both company and personal.
The
arguments against the security of ships are being rung out today in the corporate world in regard to the security of computer data from Hackers,
Phishers and Man in the Middle Brutal Attackers.
Samuel
Plimsoll was majorly concerned regarding the seaworthiness of the British
Fleet. Over the next couple of hundred
years, the term ‘coffin ship’ became
used in a wider context as more and more ship owners realized that their ships
were worth more on the seabed than they were afloat. Sometimes
Accordingly,
on the Plimsoll motion in 1873, a Royal Commission was appointed. A year later
the Merchant Shipping Act was
introduced which included a ‘Plimsoll line’, showing the buoyancy
on a ship’s hull, which in 1930 became universally accepted as the International Load Line.
CommSmart Global Group, Lloyd’s of London and the passing of the International Load Line
are as relevant today insomuch, like ships or computer data, as in corporations
and the public, are being sunk (stolen) by those that do not feel they have to
be responsible. Namely, IT departments,
Board members and Chief Executive Officers, Chief Finance Officer, Chief Operating Officer, Corporate
Secretaries and their hires.
It is about
true
responsibility and the failure from those that are in charge of
companies, large and small, who are foolishly negating the responsibility.
IT
management and those that are working within these departments have to fess up that their communication skills
in normal language, lack. A corporation
is a dumb entity, it can only work when run by people, and it can do nothing
for itself.
The attitude of “you can’t do without us”
is
over! No more talking behind
people’s backs, trying to pull apart proven technology, as it was not your idea in the first place. The facts are on the
table, being shown on the large screens and due to the likes of Lloyd’s of
London, CommSmart US, the negation of Duty of Care/Corporate Governance is
front and center with the full liability of knowing the issues, ignoring and
then doing nothing is in view.
This will now stop!
Suggestion,
re-read the Terms and Conditions of all your
Insurance Policies covering the following:
- Directors & Executives insurance
- IT Policy
It is just
the same as ignoring the Plimsoll Line! In the Corporate
Ocean, it could also mean, on top of the Company’s liability, to confirm that
you
will have personal/individual liability as well.
CommSmart Global Group has proven answers and understands
we must not waste any more time, whilst computer terrorists steal and plunder
all that so many have worked hard for.
Companies large and small have a responsibility
to their shareholders, clients, and customers for the vast amount of
information stored in these data or coffin
silos, which are under attack.
Computer
security and the necessary change is but one example of what we do to improve
the overall, security, connectivity, collection of evidence in visual and
paperless data forms to the demands of today and importantly, tomorrow.
Passwords
are human, outdated, lost, found,
forgotten and shared and when signing-in on an application or system, the database has no earthly notion if it is you signing in or a computer terrorist!
DEVICE DNA is the CommSmart Global Group, The Trusted Device Way. The device becomes the authorized
object with its selected components as the key.
Just like
the Plimsoll
Line, we are the standard to stop the sinking of companies and the
public by the theft of their information, failure to obtain information on-time, a true end to end data in motion Internet connections and drive to a far more
corporate understanding of what is expected, in our day to day business ethics.
Like ships that travel between ports, so does our vital information.
The major the difference with Trusted Device is that you are shielded from the stormy weathers and
overloads. Our port to port journey is
not open to prying eyes!
The Cybergeddon
can be stopped!
The latest
report from Lloyd’s of London states:
“Increasing
reliance on the Internet and the explosive growth in devices that are connected
to it has intensified the risk of massive systemic failure or “cybergeddon”, according to the report.
At the same time, revelations about government surveillance have weakened the
international community’s willingness to cooperate on building governance
models - potentially resulting in the balkanization
of the Internet.
Axel
Lehmann, chief risk officer of Zurich Insurance Group warned that trust in the
internet is disappearing as a result of data misuse, hacking and privacy
breaches. “A fragmentation of the Internet
itself is the wrong way to solve this issue, as it would destroy the benefits
the web provides to all of us. Rather than building walled gardens, it is time
to act by setting up security standards
and regaining trust.”
The
report’s authors argue that while the failure of critical online infrastructure
is a systemic risk that could impact global growth, so is a large-scale loss of
trust in the Internet. “Stakeholders may need to move beyond traditional
solutions, with fresher ideas that can scale and move away from a national
security mindset,” the report suggests.”
As said, “Loose
Lips Sink Ships”. The phrase
originated on propaganda posters during World War II and is as relevant today
regarding computer security and the precious information held therein. “Loose Computer Security Sinks Companies and
the Public”.
Protect what you
have and be certain no unauthorized individuals are allowed near your
treasures…
For more precise information:
Telephone: U.S. (515) 200-7068
U.K. 0207 10109247
U.K. 0207 10109247
WE are in the NOW and
KEEP YOU; in the KNOW…
Copyright 2019
