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Prepare Your Organization for a Hurricane

everbridge

To fulfill duty of care standards, corporations, educational institutions, hospitals, and government agencies should evaluate and test the health of communication networks and information systems before a severe weather event occurs. Hurricane Preparedness on Campus. SCHEDULE A DEMO.

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The Colonial Pipeline Hack: Failure in Risk Management

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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during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. Risk Assessments & User Access Reviews. Steven is a frequent speaker in the Energy , Financial Services and Cyber industries.

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What Does a Compliance Management System Look Like?

Reciprocity

Regular audits of the compliance program. In June 2020, the OCC warned banks about compliance risks related to the COVID-19 pandemic. Compliance Audit. It typically covers everything, from evaluation and prevention to cooperation and enforcement. Risk Evaluation. Let’s look at several examples. ” CFPB.

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Risk Assessment vs Risk Analysis

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Risk can be affected by numerous external factors, including natural disasters, global pandemics, raw material prices, increased levels of competition, or changes to current government regulations. A risk assessment evaluates all the potential risks to your organization’s ability to do business. Audit risk. Credit risk.

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The Difference Between Strategic and Operational Risk

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External events, such as natural disasters or pandemics. They might evaluate the threat from, say, certain IT systems going off-line, or certain physical locations suddenly not available. For instance, emergency services or healthcare professionals may employ dynamic risk evaluations. System failures and downtime. Cybersecurity.

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Why Buying SaaS GRC Software Is a Smart Investment

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Cloud-based solutions also make sense for GRC – especially in the context of the COVID-19 pandemic. Managing risk, compliance, and audit processes is complex and resource intensive. Without a centralized platform, audit cycles are longer, visibility into overall risk posture is lacking, and reporting is inefficient.