Remove Audit Remove Evaluation Remove Outsourcing Remove Security
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5 Ways partnering with an MSP improves your cybersecurity posture

Online Computers

A managed IT services provider (MSP) offers a wide range of outsourced IT solutions, from network and server administration to help desk support to data backup. MSPs often have a team of security experts who are always updated on the latest threats. A holistic security strategy ensures you're thoroughly prepared for any attack.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Contractual Obligations.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

They evaluate their vendor and partner communities to identify the third parties they depend on the most and map them to the business risks, controls, and testing that rely on them. For example, SVB had a Moody’s A1 issuer rating and KPMG signed off on SVB’s bank’s audit just 14 days before it declared bankruptcy.

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Tips for Managing Third-Party Risk in Health Care

Reciprocity

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? In healthcare, outdated software is a severe problem.

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Important KPIs for Successful Vendor Management

Reciprocity

Before outsourcing your business processes or striking some other deal with vendors, you do need to assess the risks they pose. 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.

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33 Data Privacy Week Comments from Industry Experts in 2023

Solutions Review

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. On top of that, these suppliers themselves outsource their material to second-tier suppliers.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

In addition, there are other standards such as the International Organization for Standardization - I S O 22301:2019 Societal Security – Business Continuity Management Systems, or the National Institute of Standards and Technology - NIST 800-34 , which provide similar implementation guidelines.