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Tour on cyber liability
For today’s businesses, the Internet represents a critical piece in operations, from e-commerce to information delivery and data storage. While reliance on digital devices brings many benefits, it also exposes the business to risk related to cyber ransoms, network damage, theft of personal and corporate information, and copyright infringement, etc. These liability issues don’t just impact an organization’s financial situation, but can harm its reputation, brand and image, as well. A recent cyber attack that you would be aware of is the WannaCry Ransomware attack, which claimed 200,000 victims in 150+ countries, has been the talking note throughout the globe. This is not the only attack in the recent ...

UAE Value Added Tax
UAE Value Added Tax. Value Added Tax (or VAT) is an indirect tax. Occasionally you might also see it referred to as a type of general consumption tax. In a country which has a VAT, it is imposed on most supplies of goods and services that are bought and sold. VAT is one of the most common types of consumption tax found around the world. Over 150 countries have implemented VAT (or its equivalent, Goods and Services Tax), including all 29 European Union (EU) members, Canada, New Zealand, Australia, Singapore and Malaysia. A business pays the government the tax that it collects from the customers while it may also receive a refund ...

credit insurance one policy multiple benefits
Insurance lends positivity & offers artillery for growth to business and the society. And, no product in the insurance marketplace epitomizes this statement more than Trade Credit Insurance or Credit Insurance as it is popularly called. Credit Insurance finds its roots in the early 20th century in Western Europe between the two world wars. And since then it has evolved not only as an Insurance product, but also as a brilliant business tool which is being used by exporters and other businesses to their advantage to foster business expansion and growth, by transferring uncertainties of credit default to an insurance mediums. According to recent research results, more than ...

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