Reciprocity

AUGUST 18, 2022

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. Passing or sharing the risk via insurance, joint venture, or another arrangement.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

APRIL 4, 2022

A risk assessment evaluates all the potential risks to your organization’s ability to do business. Audit risk. Impact: If the risk event occurred, what is the impact of the risk? Both are components within the larger whole known as risk management or risk evaluation. What Is a Risk Assessment? Credit risk.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Reciprocity

MARCH 24, 2022

By 2019, fraud events cost businesses $5.127 trillion each year. Internal Audits. Solid internal audit procedures limit the risk of fraud. Along with management reviews, internal audits are critical to assess existing anti-fraud controls and assure they remain effective and up-to-date. External Audits.

Audit 52

Audit Banking Activation Authorization 52

Reciprocity

AUGUST 17, 2022

Operational risks stem from inadequate or failed internal procedures, employee errors, cybersecurity events, or external events such as a weather disaster. Cybersecurity events, such as data breaches. External events, such as natural disasters or pandemics. Human error. System failures and downtime. Cybersecurity.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

LogisManager

MAY 20, 2021

For example, a forensic finding made during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. To prevent liabilities when a business continuity event occurs, it’s critical to take a risk-based approach.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Solutions Review

MARCH 31, 2023

Surging ransomware threats elevate the importance of data privacy and protection through capabilities such as encryption and data immutability in object storage – capabilities that protect sensitive data and enable teams to get back to business fast in the event of such an attack.

Backup 119

Backup Disaster Recovery Application Security 119

Reciprocity

AUGUST 24, 2022

After acceptable risk levels have been established, evaluate vendors’ security performance — and if a vendor’s cybersecurity is too lax for your tastes, require that vendor to make improvements as necessary. KPIs are metrics based on business outcomes; you are measuring something based on an earlier event. Cybersecurity.

Management 52

Management Risk Management Cybersecurity Strategic 52

Stratogrid Advisory

JUNE 3, 2020

Regardless of their nature, weather-related events that cause havoc in our communities, pandemics that can wipe us out, or cyber-related incidents that can potentially shut-down our technology, these events require us to be more resilient. Insurance companies assess risks to determine the insurance premiums they will charge.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Regardless of their nature, weather-related events that cause havoc in our communities, pandemics that can wipe us out, or cyber-related incidents that can potentially shut-down our technology, these events require us to be more resilient. The truth is that many organizations are not ready to deal with unexpected events.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. If you work with a cyber insurance provider, ask them for your organization’s risk assessment report and how they can help you improve your cyber hygiene. Upholding good cyber hygiene.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Solutions Review

JANUARY 28, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. If you work with a cyber insurance provider, ask them for your organization’s risk assessment report and how they can help you improve your cyber hygiene. Upholding good cyber hygiene.

Healthcare 52

Healthcare Security Cybersecurity Government 52

Solutions Review

JANUARY 25, 2023

Despite the overall decrease in venture capital and private equity funding events, edge computing players will continue to see investment money pouring in over the course of 2023. Other approaches include using encryption, implementing strict access controls, and regular monitoring and auditing systems.

Government 116

Government Backup Application Security 116