Fusion Risk Management

SEPTEMBER 12, 2022

A bottom-up approach occurs when teams are issue spotting via speaking up about issues that they are encountering, control testing, or remediating audit findings. According to an article in Insurance Business America , the cyber insurance market started to harden in 2020 after a surge in ransomware events. Contractual Obligations.

Resilience 52

Resilience Insurance Insurance Audit 52

Plan B Consulting

APRIL 11, 2022

Indeed, in 2019 20% of businesses had almost half of their workforce working from home – this grew to 41% in 2020. Over the past 12 months, organisations have had time to evaluate the productivity and customer satisfaction benefits associated with enabling work-from-anywhere capabilities at scale.

Business Continuity 40

Business Continuity Application Continuity Planning Mitigation 40

LogisManager

OCTOBER 12, 2021

Audit Management: Making sure that every business area within your organization is stacking up and improving accordingly. Internal process, compliance, IT and facility-driven audits are essential to reduce threats and ineffectiveness and keep your business thriving.

Risk Management 52

Risk Management Management Insurance Insurance 52

Castellan

AUGUST 24, 2021

Case in point: More than 37 billion records were exposed through cyber breaches in 2020. Ransomware continues to be a growing focus for attackers and in 2020, there was a 100% increase in ransomware attacks compared to the previous year. Not only are record exposures increasing, but also the nature of the attacks are changing, too.

Cyber Resilience 52

Cyber Resilience Resilience Cybersecurity Disaster Recovery 52

Reciprocity

AUGUST 15, 2022

Regular audits of the compliance program. In June 2020, the OCC warned banks about compliance risks related to the COVID-19 pandemic. Compliance Audit. It typically covers everything, from evaluation and prevention to cooperation and enforcement. Takes corrective action and updates materials as necessary. ” CFPB.

Management 52

Management Audit Banking Risk Management 52

Castellan

NOVEMBER 2, 2021

But, as we’ve seen with an increase in cyber events, specifically the increased number of ransomware attacks and phishing schemes since the start of the coronavirus outbreak back in 2020, we’re learning that even effective cybersecurity programs can’t stop all attacks. In 2020, more than half of respondents said they’d been hit by ransomware.

Business Continuity 98

Business Continuity Cyber Resilience Cybersecurity Resilience 98

Reciprocity

MARCH 24, 2022

According to PwC’s Global Economic Crime and Fraud Survey 2020 , 47 percent of U.S. In a 2020 PwC survey , respondents reported that they had lost $42 billion due to fraud losses and that this cost directly hit their bottom line. lost per $1 of fraud in 2020 to $3.02 Internal Audits. lost per $1 of fraud in 2021.

Audit 52

Audit Banking Activation Authorization 52

Reciprocity

SEPTEMBER 30, 2022

Data breaches against healthcare organizations affected more than 1 million people in 2020. To make matters worse, a 2020 survey found that 54% of healthcare vendors experienced a data breach of PHI, but only 36% notified providers because they were afraid to lose their business. million ) than any other sector.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Reciprocity

AUGUST 24, 2022

2007-2012): Audit management, enterprise, and operational risk management, compliance beyond financial controls, and more. 2013-2018): Using GRC solutions for enterprise-wide management in various areas such as risk management, compliance, legal, finance, audit, security, and health and safety. GRC 4.0: (2018-present): Automated GRC.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

OCTOBER 1, 2022

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. Managing risk, compliance, and audit processes is complex and resource intensive.

Government 52

Government Risk Management Internet Audit 52

Advancing Analytics

APRIL 26, 2023

Fraud is one of the most experienced crimes in the UK, according to the UK Office for National Statistics, in the year ending December 2020, fraud was the second most experienced crime in England and Wales, after theft. A binary classification evaluator was then used to calculate its ROC-AUC which gave a score of 0.82, which is fair.

Sports 52

Sports Activation Audit Insurance 52

Stratogrid Advisory

JUNE 3, 2020

Business Continuity Planning Guide for Smaller Organizations Last Updated on June 4, 2020 by Alex Jankovic Reading Time: 26 minutes We all live in an unpredictable world. An organization should evaluate BCM Program requirements and select an appropriate approach. IT Disaster Recovery tests – full-scale (a site cutover) test.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Last Updated on June 4, 2020 by Alex Jankovic. An organization should evaluate BCM Program requirements and select an appropriate approach. Our recommendation is to evaluate different documentation storage options and their respective availability capabilities. Business Continuity Planning Guide for Smaller Organizations.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Solutions Review

JANUARY 25, 2023

Other approaches include using encryption, implementing strict access controls, and regular monitoring and auditing systems. It’s essential for organizations to re-evaluate their security awareness and compliance training programs to move away from the traditional once-a-year, ‘box-ticking’ exercises that have proven to be less effective.

Government 116

Government Backup Application Security 116

Security Industry Association

MARCH 15, 2022

Once an agency is using the technology, it must maintain records on the program to facilitate discovery in criminal proceedings, periodic audits and public reporting. Technology Standards. government applications where highly accurate performance is critical to national and homeland security.

Technology 97

Technology Government Evaluation Application 97

Security Industry Association

MARCH 15, 2022

Once an agency is using the technology, it must maintain records on the program to facilitate discovery in criminal proceedings, periodic audits and public reporting. Technology Standards. government applications where highly accurate performance is critical to national and homeland security.

Security 97

Security Technology Government Evaluation 97