Reciprocity

NOVEMBER 5, 2021

You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in. It helps you manage, minimize, and in some cases eliminate risks, to keep your organization safe and in business. ERM looks at risk management strategically and from an enterprise-wide perspective.

Risk Management 52

Risk Management Management Audit Strategic 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

SEPTEMBER 30, 2022

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. What is Healthcare Vendor Risk Management? The Need for Third-party Risk Management in Healthcare.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Fusion Risk Management

SEPTEMBER 12, 2022

Are you able to respond to and manage all of the SLAs (service-level agreements) that you’re required to adhere to contractually? . A bottom-up approach occurs when teams are issue spotting via speaking up about issues that they are encountering, control testing, or remediating audit findings. Contractual Obligations.

Resilience 52

Resilience Insurance Insurance Audit 52

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. 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during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. This will also uncover poor management of privileged user accounts.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? Setting up metrics is essential for the success of your vendor risk management (VRM) program.

Management 52

Management Risk Management Cybersecurity Strategic 52

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As such risks proliferate and evolve, so do the ways to manage them. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM).

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. A risk assessment evaluates all the potential risks to your organization’s ability to do business.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Reciprocity

MARCH 24, 2022

Employees or senior management create fictitious revenues, understate revenues, hide liabilities, or inflate assets in financial statement fraud. Internal Audits. Solid internal audit procedures limit the risk of fraud. External Audits. It is a single source of truth that ensures your organization is always audit-ready.

Audit 52

Audit Banking Activation Authorization 52

Security Industry Association

AUGUST 4, 2022

I taught the teachers how to use these systems, taught the principals how to manage these systems and instructed county employees on how to maintain these systems. Multiple shooter events around the country made me start thinking what can I do myself, and I decided to leverage all my experiences into a single personal effort. More is better.

Activation 98

Activation Security Architecture Mitigation 98

Reciprocity

OCTOBER 1, 2022

As organizations and businesses around the world and across industries migrate their IT to the cloud, C-suites are faced with a new dilemma for governance, risk management and compliance (GRC) solutions: cloud versus on-premise software. But they also need visibility into the various landscapes that make up the modern business environment.

Government 52

Government Risk Management Internet Audit 52

Reciprocity

AUGUST 17, 2022

Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. On the other hand, confusion about risks – and especially about strategic and operational risks – undermines an organization’s ability to manage risk well.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Prism International

JULY 26, 2019

Department of Health and Human Services issued the Privacy Rule to implement the requirements of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). During the early implementation of HIPAA, venders completed an internal self-evaluation based on initial guidelines and expectations for the protection of PHI.

Advertising 52

Advertising Marketing Audit Insurance 52

Plan B Consulting

NOVEMBER 1, 2019

For example, do we hold National Insurance Numbers, do we hold credit card numbers or not? What are the categories of the data you hold? How many of each data set do we hold?

Banking 52

Banking Internet Audit Insurance 52

Plan B Consulting

NOVEMBER 1, 2019

Our exposure to having operations impacted by a hack or infection to ransomware which could impact on our organisation, including: SCADA and other industrial control systems connected to the organisation’s network Integrated supply chain with third parties Internet of things (IoT) Internet connected building management systems.

Banking 52

Banking Internet Audit Insurance 52

Solutions Review

MARCH 31, 2023

To ensure protection against these threats, mandatory strategies now include offsite or air-gapped copies, which can be a headache to manage, or become obsolete over time. Efficient data backup drives innovation “Companies most adept at managing their multi-cloud storage are 5.3x

Backup 119

Backup Disaster Recovery Application Security 119

Stratogrid Advisory

JUNE 3, 2020

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. The implementation of a Business Continuity Management (BCM) Program can be a complicated and lengthy process, which directly depends on the organization's size and complexity.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. Section 2 - Business Continuity Management (BCM) Program Implementation. Talent related disruptions (pandemic planning, emergency management and physical security-related events).

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Solutions Review

JANUARY 25, 2023

As part of Data Privacy Week (January 22-28) we called for the industry’s best and brightest to share their Identity Management , Endpoint Security , and Information Security comments. New systems will be a collection of smaller applications working harmoniously for better risk management and future outlook.

Government 116

Government Backup Application Security 116

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Nick Edwards, VP of Product Management at Menlo Security “The explosion of Generative AI use following the launch of ChatGPT in November 2022 has opened a world of new risks and data privacy concerns.

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. Nick Edwards, VP of Product Management at Menlo Security “The explosion of Generative AI use following the launch of ChatGPT in November 2022 has opened a world of new risks and data privacy concerns.

Healthcare 52

Healthcare Security Cybersecurity Government 52