Risk Management Monitor

MARCH 4, 2022

According to experts ranging from independent cybersecurity professionals to officials at the Cybersecurity and Infrastructure Security Agency (CISA), organizations at greatest risk right now include critical infrastructure , banks and other financial services firms, and of course key service providers in Ukraine or Russia.

Management 56

Management Malware Cybersecurity Insurance 56

CCEM Strategies

MAY 11, 2023

The risk of flooding tends to change based on the season as it can be caused by snow melt, sudden and aggressive rain storms, rain on snow events, or debris in waterways causing overtopping of banks or sudden redirection of the waterway. sewer backup versus overland flooding). Need Help with Risk Assessments, Planning and/or Engagement?

All-Hazards 52

All-Hazards Hazard Natural Hazard Transportation 52

LogisManager

MAY 20, 2021

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. Business Continuity. To prevent liabilities when a business continuity event occurs, it’s critical to take a risk-based approach.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Plan B Consulting

MARCH 12, 2020

We live in a fairly safe world in that there are cures for most diseases, we can build defences against nature and most threats we have met before, and there is insurance which at least gives us money to rebuild. I personally think one of the major impacts of coronavirus will be the physiological effect on the population.

Pandemic 52

Pandemic Banking Travel Insurance 52

BCP Builder

APRIL 20, 2020

The current situation has brought about changes to business and work life. This means that management will need to address what their new business model will be. Business Continuity and Risk Management will hopefully be given the respect it deserves. There will be little going back to as was. Two reasons for this.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

BCP Builder

APRIL 20, 2020

The current situation has brought about changes to business and work life. This means that management will need to address what their new business model will be. Business Continuity and Risk Management will hopefully be given the respect it deserves. Business Continuity will be taken more seriously.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

SRM

JUNE 21, 2019

Ever since Charles Darwin introduced the theory of evolution in 1859 we have been aware of the continual process of change in the natural world. When money was held in bank vaults, criminals used ingenuity and cunning to steal cash and valuables. Things are no different in the world of crime.

Vulnerability 52

Vulnerability Banking Insurance Insurance 52

Erwood Group

JULY 12, 2022

Everything You Need to Know About Business Continuity Plans. Business Continuity Plans. Chances are if you’re visiting this page, you are new to the concept of Business Continuity Plans (BCPs) and business continuity overall. Definition of Business Continuity Plan.

Continuity Planning 114

Continuity Planning Business Continuity BCP Disaster Recovery 114

Plan B Consulting

MARCH 12, 2020

We live in a fairly safe world in that there are cures for most diseases, we can build defences against nature and most threats we have met before, and there is insurance which at least gives us money to rebuild. I personally think one of the major impacts of coronavirus will be the physiological effect on the population.

Pandemic 52

Pandemic Banking Travel Insurance 52

Plan B Consulting

JANUARY 24, 2022

I was informed of a ransom demand of £905,000 which was exactly the amount the organisation had in their bank account. If possible, do not tell anyone you have cyber insurance. If the attacker knows you have cyber insurance, they will know that as part of the policy the insurance company may pay the ransom instead.

Insurance 40

Insurance Insurance Banking Marketing 40

Plan B Consulting

NOVEMBER 24, 2017

This week I spent some time teaching the GPG course in-house for a bank. When I first started in business continuity twenty years ago, financial impacts were a key part of the BIA excel spreadsheet and there were a series of boxes looking at financial impact over time. The bigger the financial impact discovered, the better.

Fashion 52

Fashion Banking Consulting Activation 52

Plan B Consulting

NOVEMBER 24, 2017

This week I spent some time teaching the GPG course in-house for a bank. When I first started in business continuity twenty years ago, financial impacts were a key part of the BIA excel spreadsheet and there were a series of boxes looking at financial impact over time. The bigger the financial impact discovered, the better.

Fashion 52

Fashion Banking Consulting Activation 52

Plan B Consulting

SEPTEMBER 23, 2011

Of course there are some business continuity lessons from the recent events. The first is that bad things happen, and it has happened to a number of businesses including the 144 year old House of Reeves furniture shop in Croydon, Carpetright carpet store and Sony’s distribution warehouse.

Continuity Planning 52

Continuity Planning Business Continuity Banking Insurance 52

Plan B Consulting

SEPTEMBER 23, 2011

Of course there are some business continuity lessons from the recent events. The first is that bad things happen, and it has happened to a number of businesses including the 144 year old House of Reeves furniture shop in Croydon, Carpetright carpet store and Sony’s distribution warehouse.

Continuity Planning 52

Continuity Planning Business Continuity Banking Insurance 52

Plan B Consulting

DECEMBER 13, 2020

I was told about an organisation which had been attacked and the ransom was the exact amount the organisation had in their bank account when the attack occurred. You may get a negotiator as part of your cyber insurance or you should be aware of who you might use if it happened to you.

Travel 52

Travel Fashion Emergency Planning Banking 52

Solutions Review

MARCH 31, 2023

That is why it is so important to test your plans and recovery and make the business a large part of that effort to ensure something small doesn’t become an issue.“ Rather, they need to balance a mature Business Continuity and Disaster Recovery (BCDR) program with lighter, more nimble backup approaches such as snapshot recovery.

Backup 119

Backup Disaster Recovery Application Security 119

Reciprocity

MARCH 24, 2022

These findings (and many more) show that fraud is a widespread risk that can affect any organization, its business continuity, and its reputation. For instance, all sales receipts and bank account deposit preparations should be documented. Strong internal controls.

Audit 52

Audit Banking Activation Authorization 52

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. If you work with a cyber insurance provider, ask them for your organization’s risk assessment report and how they can help you improve your cyber hygiene. Upholding good cyber hygiene.

Authentication 142

Authentication Cybersecurity Security Government 142

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. If you work with a cyber insurance provider, ask them for your organization’s risk assessment report and how they can help you improve your cyber hygiene. 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. If you work with a cyber insurance provider, ask them for your organization’s risk assessment report and how they can help you improve your cyber hygiene. Upholding good cyber hygiene.

Healthcare 52

Healthcare Security Cybersecurity Government 52