NexusTek

JUNE 6, 2023

A popular alternative is a virtual CIO (vCIO), an outsourced resource of expertise, strategic planning, and leadership who works on a part-time or as-needed basis. A vCIO can provide smaller businesses with the expertise needed to evaluate their cloud readiness and then plan an organized migration to the cloud.

Strategic 83

Strategic Cybersecurity Benchmark Outsourcing 83

Fusion Risk Management

SEPTEMBER 12, 2022

Your customer may be subject to third-party outsourcing requirements by their own regulators , like the European Banking Authority’s Outsourcing Requirements , and they may ask to sign an addendum . Ability to Procure Cyber Insurance. Fusion’s solutions serve as a data hub for risk and resiliency, enabling you to : .

Resilience 52

Resilience Insurance Insurance Audit 52

Stratogrid Advisory

JUNE 3, 2020

An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. BCM Program Policy The program policy is a document that outlines all high-level aspects of the BCM Program implementation in an organization. Ordinary people assess risks daily to guide their actions.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs. An added benefit to a more resilient organization will be lower insurance rates. This document should contain information as per the guideline below: Program scope and purpose. BCM Program Policy.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

LogisManager

MAY 9, 2023

They evaluate their vendor and partner communities to identify the third parties they depend on the most and map them to the business risks, controls, and testing that rely on them. ” You can outsource the activity to the vendor but not the risk. Imagine the contagion there.

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. After acceptable risk levels have been established, evaluate vendors’ security performance — and if a vendor’s cybersecurity is too lax for your tastes, require that vendor to make improvements as necessary.

Management 52

Management Risk Management Cybersecurity Strategic 52