NexusTek

FEBRUARY 8, 2023

Incident 1: Malicious Web Browser Update A large insurance company with a nationwide presence was the victim of a ransomware attack that began with a social engineering scheme. Should threat actors navigate past these barriers, solutions that can detect malicious activity and limit access within your network (e.g.,

Cybersecurity 97

Cybersecurity Backup Authentication Insurance 97

Reciprocity

SEPTEMBER 30, 2022

Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security. This is why third-party risk management and healthcare data security are critical. What is Healthcare Vendor Risk Management? Notes on Vendor Access et. Access to PII.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Reciprocity

APRIL 4, 2022

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. To combat those threats, businesses need to develop digital risk management. We can define that as the processes used to assess, monitor, and treat the risks that arise from the digital business processes that are so common today.

Mitigation 52

Mitigation Cybersecurity Malware Media 52

Plan B Consulting

SEPTEMBER 11, 2016

Diverse Sites – the activity is carried out at two sites 2. Subcontract – this is where the activity affected by the incident, is carried out by a third party 5. Insurance – using insurance to cover any losses 6. Insuring any network connectivity or utilities into site are duelled 6. These are: 1.

Resilience 52

Resilience Manufacturing Insurance Insurance 52

Plan B Consulting

SEPTEMBER 11, 2016

Diverse Sites – the activity is carried out at two sites. Subcontract – this is where the activity affected by the incident, is carried out by a third party. Insurance – using insurance to cover any losses. Insuring any network connectivity or utilities into site are duelled. These are: 1.

Resilience 52

Resilience Manufacturing Insurance Insurance 52

Reciprocity

AUGUST 17, 2022

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Enterprise Risk Management (ERM).

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. The OCC also cautioned against interest rate risks, operational risks (again, heightened because of COVID-19), increased cybersecurity risks, compliance risks related to the Bank Secrecy Act (BSA), consumer compliance issues, and fair lending as areas of concern.

Management 52

Management Audit Banking Risk Management 52

Reciprocity

OCTOBER 1, 2022

As organizations and businesses around the world and across industries migrate their IT to the cloud, C-suites are faced with a new dilemma for governance, risk management and compliance (GRC) solutions: cloud versus on-premise software. That’s time and money that might be better spent elsewhere.

Government 52

Government Risk Management Internet Audit 52

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? What Are the Most Common Vendor Risks? Business Continuity.

Management 52

Management Risk Management Cybersecurity Strategic 52

Reciprocity

MARCH 24, 2022

Internal fraudsters might engage in fraudulent activity for years by taking advantage of their “trusted insider” status. Without a robust control environment, fraudsters can exploit a weakness or take advantage of their position or influence to commit a fraudulent activity. Fraud is often difficult to detect.

Audit 52

Audit Banking Activation Authorization 52

Reciprocity

DECEMBER 19, 2022

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. Include a method for workers to report compliance problems and fraudulent or illegal activities anonymously and without fear of reprisal.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Erwood Group

JULY 7, 2022

While business continuity is often looked at as a cost center in that it doesn’t directly attribute revenue to the business, it is an extremely important activity that reduces potential and real losses in revenue in several ways. This is particularly important if you do not have a risk management team in place currently.

Business Continuity 52

Business Continuity Impact Analysis Continuity Planning Communications 52

Erwood Group

JULY 12, 2022

Plan Activation. Insurance Contact Information. Risk Assessment Key Findings. Crisis Management Levels. Recovery Team Activation. Some, experienced & trained personnel familiar with the department’s activities and the Response Procedures are available. Plan Activation. Assumptions. Notification.

Continuity Planning 114

Continuity Planning Business Continuity BCP Disaster Recovery 114