MHA Consulting

FEBRUARY 9, 2023

There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity. The Promise and Pitfalls of Insurance Insurance is the most frequently used and easiest method of risk transference.

Insurance 87

Insurance Insurance Outsourcing Mitigation 87

Fusion Risk Management

SEPTEMBER 12, 2022

Closely tied to those values are programs that enhance an organization’s operational risk management, compliance, and governance procedures; ESG (environmental, social, and governance) ; and reputation and perception in the market. Ability to Procure Cyber Insurance.

Resilience 52

Resilience Insurance Insurance Audit 52

Marketpoint Recall

JUNE 14, 2018

Your finance team are there to ensure the right insurance is purchased and to provide the documentation that the regulatory authorities require throughout a recall. Legal counsel – in-house or outsourced. Marketing & PR – there to protect potential brand damage. · Finance – crucial to a recall.

Outsourcing 52

Outsourcing Authorization Insurance Insurance 52

Reciprocity

SEPTEMBER 30, 2022

A single healthcare record can be sold for $250 on the black market, while the next most valuable record is a payment card for only $5.40. One such attempt by defenders is the Health Insurance Portability and Accountability Act (HIPAA) , a law formulated to help protect patient data and secure healthcare organizations.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

LogisManager

MAY 9, 2023

ERM seeks to identify possible risks by asking forward-looking questions like “Will the market be the same in 9 months from now? ” Despite clear market shifts towards higher interest rates, SVB sampled quarterly with no further action, assuming their controls were sufficient. What are the observations of front-line employees?

Banking 98

Banking Risk Management Management Corporate Governance 98

Reciprocity

AUGUST 24, 2022

Before outsourcing your business processes or striking some other deal with vendors, you do need to assess the risks they pose. Ongoing monitoring of vendor compliance activities assures alignment with your legal requirements because non-compliance with these regulations frequently carries steep fines. Cybersecurity.

Management 52

Management Risk Management Cybersecurity Strategic 52

Solutions Review

JANUARY 25, 2023

On top of that, these suppliers themselves outsource their material to second-tier suppliers. This chain of activities results in an increasingly complex, geographically vast, and multi-tiered supply network. There will be edge M&A activity as the technology matures and presents a credible alternative to hyperscale clouds.

Government 116

Government Backup Application Security 116