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How to Offload Your Risk to a Third Party

MHA Consulting

These definitions are taken from our recent free ebook, Strong Language: The MHA Guide to Essential Business Continuity Terminology. There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity.

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Ransomware is on the rise, and no industry is safe

OffsiteDataSync

According to Nuspire’s 2021 Q2 Quarterly Threat Landscape Report , the second quarter saw a 55.240% increase in ransomware activity with the attacks becoming “more common and more damaging”. The report is sourced from 90 billion traffic logs to outline new cyber criminal activity, tactics, techniques, and procedures.