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Tips for Managing Third-Party Risk in Health Care

Reciprocity

And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety. Vendor Due Diligence.

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The road to EV safety requires a robust infrastructure

National Fire Protection Association

Called “NFPA Spurs the Safe Adoption of Electric Vehicles Through Education and Outreach,” the program works to help communities prepare for electrical vehicle growth in the US, assisting cities and towns with an evaluation of their EV infrastructure, training programs, incentives, and code compliance readiness.

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Opening the eyes of the machine: Computer vision with AutoML (Part 1)

Advancing Analytics

Auto-insurer Tokio Marine use computer vision system for examining damaged vehicles. In the insurance business, Tokio Marine, a Japanese-based property and casualty insurer use computer vision to analyse and evaluate damaged cars, speeding up the evaluation process. Manufacturing. Source: New York Times.

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Protecting Your Business From Interruption: The Value of Business Continuity Management

Castellan

A business continuity management process is the key to identifying which activities will reduce risk and eliminating the activities that are less beneficial. The remainder of this article describes the business continuity management process and how each part of the process drives the effort towards value-added activities.

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What is Vendor Risk Management (VRM)? The Definitive Guide

Reciprocity

Emerging businesses that are just starting or organizations with no established vendor risk management activities. Initial vision and ad hoc activity. The organization is considering how to implement third-party risk activities, or third-party risk management operations are carried out on an as-needed basis.

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What Does a Compliance Management System Look Like?

Reciprocity

The Federal Deposit Insurance Corp. So compliance risk management requires a complex web of compliance activities (from change management to compliance monitoring, and much more) to assure that all enterprise business units conform to applicable laws. The compliance program ties together several components of compliance activities.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

The two fundamental components of ERM are (1) the evaluation of significant risks, followed by (2) application of adequate responses. Passing or sharing the risk via insurance, joint venture, or another arrangement. Any organization can benefit from ISO 31000 regardless of size, activity, or sector.