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How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM

LogisManager

How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM Last Updated: March 7, 2024 What are the NAIC Strategic Priorities for 2024? The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization for the state-based insurance regulatory system.

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Getting Started with Enterprise Risk Management

MHA Consulting

Risk can never be eliminated but it can be mitigated. Enterprise Risk Management is the activity of identifying and mitigating the hazards that threaten an organization (definition from Strong Language: The MHA Glossary of Essential Business Continuity Terminology , available for free download with registration).

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5 Key Takeaways from the EU’s Digital Operational Resilience Act (DORA)

Pure Storage

The action came after the Financial Conduct Authority (FCA) along with the Bank of England (BoE) and the Prudential Regulation Authority (PRA) issued their operational resilience policy in March 2021. The act applies to banks, insurance companies, investment firms, and the like, but it also includes critical third parties.

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Free eBook: A Former Hacker Explains How to Fight Ransomware

Pure Storage

Pure Storage® CTO-Americas, Andy Stone, joins former hacker turned internationally-renowned cybersecurity expert, Hector Xavier Monsegur, to bring you “ A Hacker’s Guide to Ransomware Mitigation and Recovery.” With high-dollar insurance policies and the anonymity of cryptocurrencies, it’s more lucrative than ever.

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Black Swans and Swiss Cheese – A Boat Crash in Baltimore

Plan B Consulting

Traditional risk management focuses on identifying and mitigating risks that can be predicted based on historical data and past experiences. The only mitigation was that the incident occurred in the middle of the night rather than at peak rush hour, so the casualty count was much less than it could have been.

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Year in Review: Key Trends in Critical Event Management

everbridge

Cybersecurity solutions increasingly harnessed these technologies to analyze extensive data, detect anomalies, and automate incident response, leading to quicker and more precise threat identification and mitigation. Infrastructure Resilience: Severe weather in 2023 led to heightened investments in infrastructure resilience.

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How to Create a Data Breach Response Team

Pure Storage

Identification: Identifies and responds to incidents reported through your organization’s Help Desk or detected using security and threat mitigation tools. Local law enforcement authorities and the FBI , to whom possible compliance breaches and potential penalties should be reported, and where you might get additional support.