MHA Consulting

MARCH 2, 2023

An organization that can undergo an outage of five days at no great cost is justified in having a high risk tolerance. An organization that would suffer a large impact as the result of an outage of two hours should be willing to tolerate very little risk. Where risk tolerance is high, controls can be relaxed. Risk avoidance.

Mitigation 75

Mitigation BCM Acceptable Risk Risk Management 75

Reciprocity

SEPTEMBER 30, 2022

The pain is felt by the healthcare organization when a vendor has an outage because of ransomware or another cybersecurity intrusion. In the healthcare industry, attackers often leverage third-party vulnerabilities to access sensitive information, while defenders try to keep these bad actors out.

Healthcare 52

Healthcare Management Risk Management Vulnerability 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. It will increase an organization's awareness of threats and vulnerabilities, which will help management make informed decisions.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Client or customer demands – depending on the type of services an organization provides to its clients, it may be mandated to implement business continuity and IT disaster recovery plans. Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52