article thumbnail

Customer Value Story: Prevention is Better Than Cure

LogisManager

The pandemic has disrupted operating models of businesses across the globe. Innovation is no longer a competitive differentiator; hospitals, clinics and pharmacies now rely on the flexibility and capacity of their technology to continue providing services. Creates a time-stamped audit trail of when all access rights were reviewed.

article thumbnail

5 Real-life business continuity planning cases you need to know

Online Computers

The attack also caused the COVID-19 vaccine portal to go offline and induced IT outages at five major hospitals, including Children’s Health Ireland. The 2016 computer virus that crippled UK hospitals. The scale of the attack was so great that not even the HSE’s cybersecurity protocols could fully prevent it.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

The Colonial Pipeline Hack: Failure in Risk Management

LogisManager

In recent years, these attacks have affected everyone from banks and hospitals to universities and municipalities; almost 2,400 organizations in the United States were victimized last year alone. Risk Assessments & User Access Reviews. Steven is a frequent speaker in the Energy , Financial Services and Cyber industries.

article thumbnail

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. In addition to internal audits and supervision, this committee contributes to developing a compliance culture. Surveillance and Audits. Risk Evaluation.

article thumbnail

Risk Assessment vs Risk Analysis

Reciprocity

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. Audit risk. Workflow management features offer easy tracking, automated reminders, and audit trails. What Is a Risk Assessment?

article thumbnail

Why Buying SaaS GRC Software Is a Smart Investment

Reciprocity

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.