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The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law in the U.S. on March 27, 2020. The legislation has brought about sweeping changes meant to provide relief to individuals and businesses. As part of the CARES Act, certain changes were made with respect to tax benefits to incentivize charitable giving.

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") was signed into law. The CARES Act provides emergency assistance to individuals, families, and businesses affected by the COVID-19 pandemic. The CARES Act is divided into two divisions: Division A includes programs to benefit individuals, companies, and the health care system affected by COVID-19; and Division B describes the supplemental appropriations to help the government respond to COVID-19. A summary of the CARES Act outlines and details the assistance available.

COVID-19, also known as the coronavirus, has caused unprecedented global disruption. Keeping your stakeholders informed with clear, consistent messaging is essential for risk mitigation, so be sure to use a crisis communication strategy.

Black swan events often come with high velocity and are slow to recover. Examples of black swan events include World War I, the rise of the internet, the dot com bubble, September 11, the 2008 financial crisis, and now COVID. While the catastrophic events are almost impossible to predict, the best way to get your business, family enterprise, or family office ready for the next one is with extreme preparation. Learn about the risks and strategies to prepare, respond, and adapt to a future Black Swan event. With sound risk management, you can emerge stronger and better equipped.

When developing a model coronavirus response plan, there are three areas family businesses and family offices should consider. In addition, it is important to have an FAQ communication for employees. A sample FAQ is provided, keeping in mind that each employer will have different answers to the questions asked based on its unique considerations and needs.

What started as a China-specific issue is spreading fast across the globe for one business after another. One estimate says organizations may lose up to $1.1 trillion before the COVID-19 tragedy ends. Korn Ferry experts believe leaders must rely on agility, transparency, and forward-thinking strategies throughout the crisis.View the video series to learn more about leading in a time of crisis:

Social distancing drives a great need for virtual work, including in the area of assessments. Until the advent of technology that enabled remote simulations, in-person leadership simulation assessments comprised of interviews, tests, and a variety of live interactive business simulations. In this report, two case studies highlight the robustness of executing leadership simulations virtually.

Technology is a growing part of everyday life. It’s hard to imagine going even a day without it. However, creating a home in which technology serves the homeowner, and not the other way around, takes a great deal of planning and forethought. There are five ways that can help integrate technology into your home and create experiences that simplify and enrich your life.

As the human and economic toll of the coronavirus mounts, no sector of the economy has been immune from the downturn, and this includes family offices. Depending on the size and scope of the family office, there are a number of factors—including human capital, data, and cybersecurity and technology management—that need to be considered in navigating these uncertain times. After considering some or all of these factors, a family office may be best positioned to invest in the depressed equity and credit markets.

Investors are more concerned and educated about cybersecurity than ever before. With more money and competition all around, asset management firms are increasing their focus on cybersecurity to meet market pressure and consumer demand. To be effective, cybersecurity leaders must be able to assess technology risk across ever larger and more complex ecosystems. Firms can leverage investments in talent and technology to differentiate cybersecurity operations, which will help attract and retain clients.