Industry Roundup: ​Can Firms Exiting Russia Recoup Losses Through Insurance?; Judge Reinstates Trump Independent Contractor Rule Withdrawn by Biden; Push to Relax Marijuana Laws Hits Roadblocks; Biggest Ransomware Trends Facing US Businesses

​Can Firms Exiting Russia Recoup Losses Through Insurance?See how insurance and international arbitration might soften the blow to those companies, which stand to lose billions of dollars.Judge Reinstates Trump Independent Contractor Rule Withdrawn by BidenA federal judge in Texas has nixed the Biden Department of Labor's withdrawal of a Trump administration rule governing whether a worker is an employee or an independent contractorPush to Relax Marijuana Laws Hits RoadblocksFacing a tough midterm election and divisions in Congress, the Biden administration is sidestepping the politically sensitive issue of loosening marijuana laws even as the idea has gained support of most Americans.Only 3% of White Collar Workers…

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DFS To Host March 29 Symposium on Cybersecurity

​​The New York State Department of Financial Services (DFS) is holding a live virtual symposium on Tuesday, March 29 regarding cybersecurity. The free event will be streamed over WebEx. The agenda for the session includes:​A panel discussion on the future of cybersecurity regulation in New York and elsewhereModernization of cybersecurity supervisionThe key cyber risks of 2022. The event will run from 10:00 am to 12:30 pm. Advance registration is required and is available inthe Cybersecurity Resources section of the DFS website. Source

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HERO Act Prevention Plan Implementation No Longer Required

​The New York State Department of Labor last week announced that employers in the state are no longer required to implement their airborne infectious disease exposure prevention plans. The plans, required by the New York State HERO Act, must be designed to help prevent the spread of infectious diseases in the workplace. ​When the Delta variant of the coronavirus that causes COVID-19 swept through the country late last summer, the state Department of Health designated ​the disease as "a highly contagious communicable disease that presents a serious risk of harm to the public health.​" That declaration triggered the requirement for all employers to implement their plans. The…

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