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Blog Post: BIA on CIMT: Matter of Thakker

LexisNexis

843 (BIA 2024) (1) The assumption in Matter of Jurado that a retail theft offense involves an intent to permanently deprive a victim of their property is inconsistent with the categorical approach as currently articulated by the Supreme Court. Matter of Thakker, 28 I&N Dec. Matter of Jurado, 24 I&N Dec. 29 (BIA 2006), aff’d sub.

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Combating Fraudulent COVID Unemployment Claims

Risk Management Monitor

The Federal Trade Commission warns that unemployment fraud puts workers at additional risk of identity theft crimes including tax fraud. If they are still working, they may be the victim of identity theft. Identity theft can also lead to tax fraud, credit card theft and loans taken out in their names.

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The Impact of Location on Commercial Property Insurance Rates

Jackson & Jackson

Crime Rates Areas with higher crime rates often have higher property insurance rates due to the elevated risk of theft, vandalism, and other crime-related damages. Strategy for Investors: Check local crime statistics as part of your due diligence when purchasing property.

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The latest reports from FBI and ITRC reveal that cyber incidents in 2023 broke records for financial loss and frequency.

Triple-I: Business Insurance

Cyber incidents reported to the FBI’s Internet Crime Complaint Center (IC3) in 2023 totaled 880,418. The 2023 Data Breach Report from Identity Theft Resource Center (ITRC) reveals that last year delivered a bumper crop of cybersecurity failures – 3,205 publicly reported data compromises, impacting an estimated 353,027,892 individuals.

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10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

Conversely, homes further inland or in areas with lower crime rates often benefit from lower insurance costs. These features reduce the risk of significant damage or theft, meaning less risk for the insurance company. It makes sense, right? The more risks your area poses, the more your insurance company will charge to protect you.

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RIMS TechRisk/RiskTech: Opportunities and Risks of AI

Risk Management Monitor

However, the algorithms that support them and govern many users’ online activities could end up being something akin to the “pre-cogs” from Minority Report that predict future crimes because the algorithms are collecting so much personal information. The bias inherent in AI/machine learning have real world impacts.

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Protect Your Clients Against Data Breaches

ProWriters

Analysts project cyber crime to cost the U.S. AT&T Telecommunications company AT&T suffered a massive breach that exposed almost all of its 109 million customers to an increased risk of identity theft. According to chief information security officers (CISOs), in 2023, three out of four U.S. trillion by 2028.