Reciprocity

MARCH 24, 2022

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. Additional important ERM components are risk philosophy or strategy, risk culture, and risk appetite. Two ERM Must-Haves.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

AUGUST 18, 2022

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Zerto

OCTOBER 20, 2022

As we continue with our third and final blog in this series on managing cyberthreats, we’ll explore frameworks from the National Institute of Standards & Technology and Center for Internet Security, which together provide time-tested knowledge and best practices used to combat ransomware. The NIST Cybersecurity Framework 1.1

Cybersecurity 52

Cybersecurity Management Internet Malware 52

Fusion Risk Management

FEBRUARY 16, 2023

A ccording to Deloitte’s global third party risk management survey 2022 , 73% of respondents reported having a high level of dependency on third parties – a nd that reliance is predicted to continuously increase which , in turn, means ongoing related challenges.

Risk Management 52

Risk Management Management Outsourcing Mitigation 52

LogisManager

JANUARY 4, 2022

Risk Management Approach for an Organization? There are many different terms for integrated risk management (IRM); GRC (governance, risk and compliance), as well as ERM (enterprise risk management) are two acronyms commonly used interchangeably with IRM. What is Integrated Risk Management?

Risk Management 52

Risk Management Management Activation Government 52

NexusTek

JANUARY 17, 2024

What this means is that your company’s own internal security practices are now only partial protection; a comprehensive security program must now include cyber risk management strategies that cover your supply chain. Would you like to speak to a cybersecurity expert about managing supply chain cyber risk?

Management 85

Management Malware Risk Management Cybersecurity 85

Pure Storage

JANUARY 11, 2024

Industry regulators have taken notice and are making resilience a centerpiece of their activities. DORA’s five pillars include: Information and communications technology (ICT) risk management Incident reporting Digital operational resilience testing Third-party risk management Information sharing 2.

Resilience 117

Resilience Financial Services Banking Cybersecurity 117

LogisManager

AUGUST 24, 2023

Stay On Top Of The Latest From The SEC 2023 Overview In keeping up with the evolving regulatory landscape from the SEC , we’re here to discuss the latest set of rules regarding Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure by Public Companies. How Will This Impact Your Organization?

Cybersecurity 52

Cybersecurity Risk Management Government Response Plan 52

Reciprocity

APRIL 4, 2022

So it is for houses and buildings – and the same principle is just as true for cybersecurity. Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. To combat those threats, businesses need to develop digital risk management. What is Digital Risk Protection?

Mitigation 52

Mitigation Cybersecurity Malware Media 52

Risk Management Monitor

MARCH 4, 2022

A wide range of risks are trickling down from Russia’s assault on Ukraine , from sanctions compliance to supply chain disruption to business interruption. Concerns about escalating cyber activity around the crisis are a vivid reminder of the importance of knowing your threat model and adjusting your risk management priorities accordingly.

Management 56

Management Malware Cybersecurity Insurance 56

LAN Infotech

SEPTEMBER 2, 2022

How Microsoft Sentinel Uses Threat Intelligence to Stay Ahead of Cybersecurity. Companies need to do more to protect themselves, starting with understanding the evolving cybersecurity landscape. Through AI, businesses can better understand their cybersecurity posture and threats.

Cybersecurity 52

Cybersecurity Strategic Vulnerability Activation 52

Disaster Recovery Journal

OCTOBER 23, 2020

I was explaining the installation of window breakers and door locks to improve their safety in the event of an active shooter. Thinking dark thoughts and looking hard at the what ifs are just a part of risk management. Just think how bad our cybersecurity would be if we were not attempting to train people to stop clicking!

Risk Management 214

Risk Management Disaster Recovery Emergency Response Emergency Response 214

Pure Storage

OCTOBER 4, 2023

These requirements can be summarized into the following key areas: Risk management and mitigation: Telcos must identify and assess risks to their networks and services. Once they identify risks, telcos are expected to implement measures to mitigate these risks effectively.

Telecommunications 52

Telecommunications Authorization Cybersecurity Government 52

Risk Management Monitor

JUNE 17, 2022

As organizations continue to adapt to remote or hybrid work models, it has never been more vital to have a robust cybersecurity program to better protect against ransomware attacks and other cyberattacks against company systems and personnel. Ultimately, the goal is to increase visibility and the ability to alert upon suspicious activity.

Alert 76

Alert Cybersecurity Activation Asset Management 76

Fusion Risk Management

MAY 24, 2023

Is Risk Intelligence Necessary? Following the compounding crises that have taken place over the last few years, I think we can all agree that a strong third-party risk management (TPRM) program foundation is critical for effective identification of inherent and imposed risks.

Mitigation 52

Mitigation Risk Management Vulnerability Account Manager 52

Solutions Review

SEPTEMBER 8, 2023

Cybersecurity and Infrastructure Security Agency (CISA) adds these 3 security issues to its list.” …to As such, the key to mitigating (and ideally neutralizing) that threat is to secure data in storage and backup. They are the greatest current oversight in cybersecurity. Ransomware is focused on data.

Financial Services 105

Financial Services Security Backup Audit 105

Security Industry Association

MARCH 1, 2024

Providing a common framework for identifying vulnerabilities makes it easier for different stakeholders to work together in addressing and mitigating potential threats. Risk mitigation: Identifying vulnerabilities is the first step towards mitigating risks.

Vulnerability 52

Vulnerability Security Mitigation Authorization 52

LogisManager

AUGUST 1, 2023

The National Credit Union Administration (NCUA) has recently released its priorities and areas of focus for the 2023 examinations, which include Interest Rate Risk, Credit Risk, and Information Security Risk. Its main purpose is to ensure that credit unions have effective security measures. Why is this important for you?

Risk Management 52

Risk Management Mitigation Banking Activation 52

LogisManager

SEPTEMBER 21, 2021

This digital transformation has triggered an influx of new, more formidable cybersecurity threats. It also left them susceptible to significant cybersecurity threats. Related Post: The Colonial Pipeline Hack: A Failure in Risk Management. How might a ransomware attack impact their patient and stakeholder trust?

Healthcare 96

Healthcare Audit Pandemic Risk Management 96

Fusion Risk Management

SEPTEMBER 12, 2022

Yes, there are some aspects of technology and data protection that fall within the parameters of privacy and cybersecurity laws. A recent study by OCEG indicates that operational risk programs are viewed as unnecessary overhead by business units. Or, as so well articulated by the great British writer C.

Resilience 52

Resilience Insurance Insurance Audit 52

Reciprocity

APRIL 4, 2022

It’s also bringing about yet another hat CISOs might find on their head: governance, risk, and compliance (GRC) expert. GRC software solutions from the Reciprocity Product Suite make the complex task of cybersecurity much easier, as they: Streamline tasks; Measure and monitor compliance; Collect audit-trail evidence; and.

Audit 52

Audit Cybersecurity Risk Management Alert 52

Security Industry Association

NOVEMBER 14, 2023

The day began with a session on the vehicle ramming mitigation initiatives conducted through the Cybersecurity and Infrastructure Security Agency (CISA) – under the U.S. Here are some key takeaways and discussion highlights from the event.

Security 64

Security Government Technology Application 64

Reciprocity

DECEMBER 21, 2022

If your clients are worried about cybersecurity, you’ll have to prepare materials for a SOC cybersecurity audit. The scope of your SOC 2 audit typically addresses infrastructure, software, data, risk management, procedures, and people. Risk assessment. Monitoring activities. Change management.

Audit 52

Audit Gap Analysis Security Cybersecurity 52

Fusion Risk Management

SEPTEMBER 15, 2021

And with all this amazing cybersecurity technology being implemented, you might think that your risks while online should be reducing. In fact, many studies show that the amount of risk you face while online today is actually far greater than even just a year ago. In reality, the new technology was actually better.

Security 52

Security Malware Internet Cybersecurity 52

Reciprocity

NOVEMBER 5, 2021

Cybersecurity insurance is insurance specifically designed to cover expenses or losses that might arise from a data breach. Coverage for expenses related to regulatory compliance for billing errors, physician self-referral proceedings and Emergency Medical Treatment and Active Labor Act proceedings.

Insurance 52

Insurance Insurance Management Internet 52

Reciprocity

DECEMBER 21, 2022

Deciphering the various numbers can be confusing at first, but each standard is numbered and deals with a specific facet of managing your company’s information security risk management efforts. Analyzing risks. Evaluating risks. Choosing risk-reduction treatments. Identifying possible threats.

Audit 52

Audit Accreditation Gap Analysis All-Hazards 52

Fusion Risk Management

MAY 12, 2022

Pandemics were on national risk registers and scenario exercised with national agencies in the UK and US just a couple of years prior; Russia annexed Crimea in 2014, setting itself up to be able to effectively target a resource rich Ukraine; and in borrowing so much during lockdown, we couldn’t avoid a state of rising inflation this year.

Failover 52

Failover Resilience Crisis Management Mitigation 52

Risk Management Monitor

JUNE 30, 2022

Implement a monitoring program to regularly track key aspects of the supplier’s risk and performance profile. As we have seen during the pandemic, the transportation of supplies from a vendor’s overseas site to your own facility is also fraught with risks.

Management 45

Management Pandemic Transportation Manufacturing 45

Erwood Group

OCTOBER 27, 2020

Not just during an activation of the plan itself, which may keep the business from suffering substantial losses, but even during times of normal business operations. In some cases, we have seen providers work closely with the client to further mitigate risk by providing additional assistance and suggestions.

Business Continuity 59

Business Continuity Continuity Planning Insurance Insurance 59

SRM

AUGUST 25, 2020

But remote working does present a number of challenges – particularly when it comes to cybersecurity. According to a recent study by Apricorn, 57% of UK IT decision makers consider remote workers to be a significant security risk, exposing their organisation to the threat of a data breach. Cover the basics.

Logistics 52

Logistics Cybersecurity Security Vulnerability 52

Reciprocity

DECEMBER 19, 2022

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. Without a compliance program, a company is at far greater risk of legal violations that might bring monetary penalties and other painful punishments from law enforcement.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

NOVEMBER 5, 2021

The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

LogisManager

FEBRUARY 29, 2024

There is a line of thought that corporate workers, remote or onsite, are prone to laziness, shortcuts, and misrepresentation of their activities, all for the pursuit of their inherently selfish needs. There are also cybersecurity and privacy concerns associated with working from home.

Corporate Governance 64

Corporate Governance Risk Management Activation Mitigation 64

LogisManager

FEBRUARY 29, 2024

There is a line of thought that corporate workers, remote or onsite, are prone to laziness, shortcuts, and misrepresentation of their activities, all for the pursuit of their inherently selfish needs. There are also cybersecurity and privacy concerns associated with working from home.

Corporate Governance 52

Corporate Governance Risk Management Activation Mitigation 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. Enterprise Risk Management (ERM).

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

SEPTEMBER 30, 2022

Such valuable data creates immense cybersecurity risks in healthcare. Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security. This is why third-party risk management and healthcare data security are critical. Access to PII.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52