Reciprocity

SEPTEMBER 30, 2022

And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

MHA Consulting

MARCH 2, 2023

A strategy involving a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. The most vulnerable areas tend to be electrical power, data backups, and network connectivity. A related but higher level concept is that of risk mitigation strategies. Risk avoidance. Risk limitation.

Mitigation 73

Mitigation BCM Acceptable Risk Risk Management 73

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