Reciprocity

SEPTEMBER 30, 2022

Such valuable data creates immense cybersecurity risks in healthcare. The pain is felt by the healthcare organization when a vendor has an outage because of ransomware or another cybersecurity intrusion. Despite HIPAA regulations, cybersecurity attacks and data breaches targeting healthcare remain a severe and increasing threat.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Reciprocity

AUGUST 24, 2022

Organizations typically bought insurance to avoid the losses these risks could cause, thus “transferring” the risk to the insurance company. ” It introduced the term as part of its “ Magic Quadrant ,” evaluating service vendors that provide IRM solutions. “They’re integrated.”

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

APRIL 4, 2022

A risk assessment evaluates all the potential risks to your organization’s ability to do business. Security risk assessments are essential not just for cybersecurity but also for regulatory compliance. Both are components within the larger whole known as risk management or risk evaluation. What Is a Risk Assessment?

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

LogisManager

MAY 20, 2021

For example, a forensic finding made during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. The less prepared you are when responding to an incident, the more likely you’ll be forced into paying ransom.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Reciprocity

MARCH 24, 2022

Such risks could affect your business’ cybersecurity, regulatory compliance, business continuity, and organizational reputation. It encompasses controls for cybersecurity, information technology, data security, and business resiliency. Cybersecurity. Cybersecurity risk is one of the biggest concerns with third parties.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Reciprocity

MARCH 28, 2022

Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.

Risk Management 52

Risk Management Management Mitigation Strategic 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. Cybersecurity events, such as data breaches.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52