Risk Management Monitor

DECEMBER 20, 2022

In these cases, a worker may intentionally fake an injury (claimant fraud) or a business owner may misrepresent their employee headcount or incorrectly classify employees to obtain lower insurance premiums. Now, a lesser-known type is occurring with greater frequency: provider fraud.

Insurance 40

Insurance Insurance Evaluation Hospitality 40

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during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach.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

AUGUST 15, 2022

The Federal Deposit Insurance Corp. In June 2020, the OCC warned banks about compliance risks related to the COVID-19 pandemic. It typically covers everything, from evaluation and prevention to cooperation and enforcement. Risk Evaluation. FDIC), a primary U.S. Let’s look at several examples. ” CFPB.

Management 52

Management Audit Banking Risk Management 52

Reciprocity

APRIL 4, 2022

Risk can be affected by numerous external factors, including natural disasters, global pandemics, raw material prices, increased levels of competition, or changes to current government regulations. A risk assessment evaluates all the potential risks to your organization’s ability to do business. What Is a Risk Assessment?

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Reciprocity

AUGUST 17, 2022

External events, such as natural disasters or pandemics. They might evaluate the threat from, say, certain IT systems going off-line, or certain physical locations suddenly not available. For instance, emergency services or healthcare professionals may employ dynamic risk evaluations. System failures and downtime. Cybersecurity.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

OCTOBER 1, 2022

Cloud-based solutions also make sense for GRC – especially in the context of the COVID-19 pandemic. More than 50 percent of organizations moved their workloads to the cloud in 2020, according to the Flexera Cloud Computing Trends: 2021 State of the Cloud Report.

Government 52

Government Risk Management Internet Audit 52