LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. That’s why insurance premiums are increasing exponentially for those organizations that cannot provide evidence of an effective ERM program that has strong controls and a robust Incident Response program. Risk Assessments & User Access Reviews.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Fusion Risk Management

SEPTEMBER 12, 2022

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. Ability to Procure Cyber Insurance. Contractual Obligations.

Resilience 52

Resilience Insurance Insurance Audit 52

Solutions Review

SEPTEMBER 27, 2021

Description: AuditBoard is a cloud-based GRC offering that includes a suite of risk, audit, and compliance tools. With the platform, users can conduct internal audits, manage risks, optimize workflow efficiency, maintain SOX compliance, and manage controls. Fusion Risk Management.

Government 92

Government Audit Risk Management Hospitality 92

Pure Storage

MARCH 25, 2024

FFIEC is an interagency body composed of the heads of the five federal banking agencies: the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau. link] ²“ U.S.

Financial Services 59

Financial Services Resilience Banking Risk Management 59

Reciprocity

APRIL 4, 2022

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. To combat those threats, businesses need to develop digital risk management. We can define that as the processes used to assess, monitor, and treat the risks that arise from the digital business processes that are so common today.

Mitigation 52

Mitigation Cybersecurity Malware Media 52

Reciprocity

DECEMBER 19, 2022

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. Monitoring often incorporates audit requirements (either external or internal) as part of the regulatory or industry standard. Elements of a Strong Compliance Program.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Fusion Risk Management

AUGUST 18, 2022

The regulation is intended to make compliance obligations less confusing and provide greater security for consumers by creating unified standards for third-party risk monitoring, performance, and auditing. . The DORA is landmark legislation that is the first of its kind that focuses on how regulated entities manage their ICT risk.

Resilience 52

Resilience Authorization Gap Analysis Risk Management 52

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? What Are the Most Common Vendor Risks? Staff training.

Management 52

Management Risk Management Cybersecurity Strategic 52

FS-ISAC

NOVEMBER 8, 2021

You can hire a professional audit firm to benchmark the bucket against peer buckets. We chase concepts that seem simple, such as "basic" network hygiene, asset management, and patching. But these approaches rely on tenets based on traditional operational and financial risk management. Or you could fill it with water.

Risk Management 59

Risk Management Management Audit Asset Management 59

Reciprocity

NOVEMBER 5, 2021

The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

Reciprocity

DECEMBER 27, 2022

GRC is an integrated approach to managing the organization’s governance, IT and security risks, and regulatory compliance functions. The three pillars of a GRC program are governance, risk management, and compliance. Risk Management. Automate Vendor Risk Management. Governance.

Government 52

Government Audit Risk Management Disaster Recovery 52

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). The advent of the digital age is partly to blame.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. An effective compliance management system, the FDIC continues, typically includes: Board and management oversight; The compliance program itself; and. Regular audits of the compliance program. Compliance Audit. Senior Management. FDIC), a primary U.S.

Management 52

Management Audit Banking Risk Management 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? Notes on Vendor Access et.

Healthcare 52

Healthcare Management Risk Management Vulnerability 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. Security risks aren’t the only type of risk that organizations face.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Reciprocity

AUGUST 17, 2022

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Enterprise Risk Management (ERM).

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

MARCH 24, 2022

Segregation reduces the risk of inappropriate actions. 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

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. Managing risk, compliance, and audit processes is complex and resource intensive.

Government 52

Government Risk Management Internet Audit 52

everbridge

DECEMBER 19, 2023

Insurance Industry Evolution: The insurance sector adapted to the changing landscape by developing innovative policies that considered climate change risks, ensuring better coverage for property and businesses in high-risk areas.

Management 59

Management Travel Vulnerability Cybersecurity 59

Solutions Review

DECEMBER 13, 2022

Data bias in machine learning models is one of the hottest topics in the AI industry for good reason; an AI model that rejects loan applications or increases insurance premiums for the wrong reasons will have a very deleterious effect. Therefore, data protection is an integral part of a company’s risk management strategy.

Backup 98

Backup Application Government Security 98

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more. Upholding good cyber hygiene.

Authentication 142

Authentication Security Cybersecurity Government 142

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more. 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. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more. Upholding good cyber hygiene.

Healthcare 52

Healthcare Security Cybersecurity Government 52

Stratogrid Advisory

JUNE 3, 2020

An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. Insurance companies assess risks to determine the insurance premiums they will charge. Investment firms assess risks to determine where and how to invest their client's money.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs. An added benefit to a more resilient organization will be lower insurance rates. 3 – Risk Assessment. Section 3 - Risk Assessment. Risk Methodology. Vendor Risk Management.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Solutions Review

JANUARY 25, 2023

New systems will be a collection of smaller applications working harmoniously for better risk management and future outlook. However, some of the responsibility remains on our shoulders as well as those of the data management professionals we rely upon. Gone are the days when we implemented large ERP-like systems.

Government 116

Government Backup Application Security 116