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Tips for Managing Third-Party Risk in Health Care

Reciprocity

Healthcare data is rich with information, including patients’ personally identifiable information (PII), protected health information (PHI), and financial information. Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. Therefore a BCM team should be selected across all organizational functions: finance, operations, communications, legal and information technology as well as any other key departments.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Client or customer demands – depending on the type of services an organization provides to its clients, it may be mandated to implement business continuity and IT disaster recovery plans. Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs.