Russell Sommers

Baker Tilly

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Recently by Russell Sommers

Cybersecurity

Cost-Effective Cybersecurity: Implement these tactics to reduce your company’s risk of becoming the next headline-worthy data breach

Headlines on data breaches can conjure images of a room full of “black hat” hackers actively working to penetrate your network and steal your data, hold your systems for ransom, and leave you helpless. It’s easy to imagine considering that breaches are reported nearly daily, and...

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Time to Consider Blockchain: A look at virtual currency technology from both sides of the table

The jury may still be out on the long-term prospects for virtual currency such as Bitcoin. While its use has been growing, it has not approached the acceptance levels of government-backed currencies. Bitcoin has shown an inability to keep consistent value, and many potential users were scared by...

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Strict New Actions on Compliance Accountability: What your CCO needs to know to meet intensified regulatory expectations

As the calendar year begins its first quarter we continue to experience unprecedented growth in regulatory oversight. In the past 12 to 18 months, several new regulations governing the financial services industry have been proposed, all of which speak to the need for stronger corporate governance....

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Board of Directors

Oversight Overload: Be prepared with a comprehensive corporate governance framework

In November 2014, the National Association of Insurance Commissioners (NAIC) formally adopted the Corporate Governance Annual Disclosure Model Act and Corporate Governance Annual Disclosure Model Regulation. Collectively, these acts require a company to file a Corporate Governance Annual...

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