Technology and Risk

Categories

Corporate Espionage

Corporate espionage involves the theft of information that hasn’t been made public and each year businesses lose billions of dollars in intellectual property (IP) from thieves stealing trade secrets.
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Social Security Phone Scam

Identify theft is a growing problem for consumers, and the latest tool in the scammers arsenal is the Social Security Phone Scam. 
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Robocall Scam

According to the KnowBe4 Security Team (www.KnowBe4.com), be on the lookout for a popular robocall scam that is tricking people into believing their Social Security number (SSN) has been suspended.
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Entrepreneurs and Start-Up Expenses

For start-ups, before you even open the doors, you generally have to spend a lot of money to train workers and pay for rent, utilities, marketing and more. Entrepreneurs sometimes are surprised to find out that many expenses can’t be deducted right away.
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Top Cyber Threats and Defense Strategies

VIDEO: Cyber Security is a constant battle for both individuals and companies. Here's a great video with information and strategies on cyber threats and how to defend your company against them.
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Stop Reusing the Same and/or Old Passwords!

According to the KnowBe4 Security Team (www.knowbe4.com), if you're using the same password for multiple accounts, you're making yourself vulnerable! If the bad guys have your credentials for one site, they can use tools to automatically test those credentials on other sites. So, if you are using the same password
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Magen M. Koepp Elected Principal

Olsen Thielen is pleased to announce Magen M. Koepp was elected Principal of the firm, effective September 1, 2018. Magen is an Employee Benefit Plan Specialist and has ten years of experience in accounting, auditing and consulting.
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Get Your Financial Statements in Order Before Asking for a Business Loan

As a business owner, if you are considering expanding your company, be sure to get your financial statements in order before asking for a business loan.
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Michael Bromelkamp to Retire

Olsen Thielen Principal, Michael Bromelkamp, is in the process of transitioning from his many responsibilities at Olsen Thielen after 25 years with the Firm.
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Lisa Dunnigan Named Finalist for ORBIE Awards

Lisa Dunnigan, Olsen Thielen CIO and Principal was named a finalist for the Twin Cities CIO of the Year ORBIE Awards. The Twin Cities CIO of the Year ORBIE Awards honor chief information officers who have demonstrated excellence in technology leadership.
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Competitive Business Health Assessment

For business owners, it is important to step back and regularly do a competitive business health assessment.  Even a successful business can fall victim to changing market conditions or major disruptions in the industry if they are not paying attention.
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Change Management Benefits

Change is difficult and when change management benefits are carefully considered, a formal approach can minimize the negative fallout and increase the likelihood of achieving your desired change goals, whether it be something as drastic as a merger or as simple as a new software program. 
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Net Operating Loss Treatment

The Tax Cuts and Jobs Act (TCJA) made some significant changes in net operating loss treatment.  A net operating loss (NOL) occurs when deductible expenses exceed income.  While this is not usually the desired result, the NOL can result in tax benefits when used to offset other income.
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Hiring Solvency Experts

Solvency is essential to staying in business and sometimes hiring solvency experts is needed to resolve creditor payment issues.
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Encourage Use of Your Employee Assistance Program

An employee assistance program (EAP) is an employer sponsored program designed to assist employees in resolving personal problems, such as substance dependence, financial or legal woes, or mental health issues.
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