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

LAN Infotech

MARCH 17, 2022

Department of Justice estimates that organizations paid around $350 million in ransom to cybercriminals in 2020. The ransomware may also exploit network vulnerabilities and spread to other systems, possibly affecting your entire organization’s network. Ransomware is a continuing problem and a growing threat to national security.

Malware 72

Malware Cybersecurity Government Vulnerability 72

NexusTek

MAY 15, 2023

The disaster recovery plan is a component of the broader business continuity plan and is the “mitigate” and “recover” portion of the plan. Plan Design: Based on our evaluation, NexusTek will design a business continuity and data disaster recovery plan that will be optimized for your company. 2020, May 13). CONTACT US Gill, M.

Disaster Recovery 52

Disaster Recovery Business Continuity Continuity Planning Outage 52

Castellan

DECEMBER 29, 2021

That was a similar experience for others during the height of the pandemic in 2020 and into 2021 where container shipping was significantly impacted. What would a cross functional team look like when evaluating third-party risk? These team members can also help you better evaluate vendor financial health.

Resilience 98

Resilience Evaluation Logistics Pandemic 98

LogisManager

MAY 9, 2023

Instead, they continued investing as they had from 2020-2021, driving through their rearview mirror of asking “Is today like yesterday?” 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.

Banking 98

Banking Risk Management Management Corporate Governance 98

Castellan

AUGUST 24, 2021

Because it’s how your organization can anticipate, plan for, mitigate, respond to, and recover from cyber events. Case in point: More than 37 billion records were exposed through cyber breaches in 2020. These are the processes you undertake that evaluate the impact of a disaster or disruptive event on your operations.

Cyber Resilience 52

Cyber Resilience Resilience Cybersecurity Disaster Recovery 52

Reciprocity

APRIL 4, 2022

All organizations are vulnerable to cyber threats and attacks, such as phishing, malware (malicious software), ransomware, man-in-the-middle (MitM) attacks, and distributed denial of service (DDoS) attacks. According to one survey , security professionals needed 228 days in 2020 to identify a security breach and 80 days to contain it.

Cybersecurity 52

Cybersecurity Security Internet Malware 52

LogisManager

OCTOBER 12, 2021

Once you have assessed these risks you will want to create a plan for risk mitigation and risk monitoring so that you are in control of potential threats. In fact, organizations that have a formalized risk management program tend to have higher evaluations. Risk Management Definition.

Risk Management 52

Risk Management Management Insurance Insurance 52

Reciprocity

AUGUST 15, 2022

In June 2020, the OCC warned banks about compliance risks related to the COVID-19 pandemic. While it’s easy to assume that a CMS focuses on how your financial institution protects customers and avoids money laundering, market transactions are increasingly digital, using technologies vulnerable to unauthorized access.

Management 52

Management Audit Banking Risk Management 52

Reciprocity

AUGUST 24, 2022

” It introduced the term as part of its “ Magic Quadrant ,” evaluating service vendors that provide IRM solutions. In 2020, Gartner informed vendors evaluated in the 2019 Magic Quadrant that it had retired the IRM market category “in favor of more targeted marketing segments.”

Risk Management 52

Risk Management Audit Insurance Insurance 52

Solutions Review

JANUARY 25, 2023

Supply chain mapping will grow in importance in 2023 as it also helps in identifying concentration risk or compliance risk, allowing businesses to see the early warning signals, predict potential disruptions, identify supply chain bottlenecks and take proactive measures to mitigate risks, and maintain competitiveness.

Government 116

Government Backup Application Security 116

Swan Island Network

OCTOBER 30, 2020

October 30, 2020. 2021 is approaching rapidly, though 2020 seems to be lasting an eternity. We anticipate most companies will spend more resources monitoring emerging events in order to prevent or mitigate damages—examining secondary and tertiary areas of impact due to the rising complexity they are encountering. Pete O'Dell.

Security 52

Security Alert Pandemic Threat Monitoring 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. It will increase an organization's awareness of threats and vulnerabilities, which will help management make informed decisions.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Last Updated on June 4, 2020 by Alex Jankovic. It will increase an organization's awareness of threats and vulnerabilities, which will help management make informed decisions. An organization should evaluate BCM Program requirements and select an appropriate approach. Business Continuity Planning Guide for Smaller Organizations.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52