MHA Consulting

MARCH 23, 2023

By adhering to the council’s guidelines, companies can implement best practices for risk management, cybersecurity, data protection, and business continuity planning. The FFIEC standard can be found here, and it’s completely free. Does trying to meet the rigorous FFIEC standard make sense for every organization?

BCM 71

BCM Impact Analysis Business Continuity Banking 71

Solutions Review

JUNE 16, 2023

Take, for example, a healthcare data lake. A majority of information that is backed up from that data lake requires only 30 days of retention for operational recoveries, but the data lake may also contain health records that need to be retained for 6 years to comply with the Health Insurance Portability and Accountability Act (HIPAA).

Resilience 52

Resilience Backup Architecture Cybersecurity 52

Managecast

OCTOBER 11, 2021

From ransomware to SolarWinds, the cybersecurity space has been as hectic as it has ever been over the last 12-24 months. Despite often being overlooked in terms of hype, phishing has been a mainstay in the cybersecurity threat landscape for decades.

Cybersecurity 40

Cybersecurity Communications Healthcare Authentication 40

MHA Consulting

MARCH 21, 2024

Healthcare organizations are uniquely vulnerable to hackers and are subject to more than their share of cyberattacks. Related on MHA Consulting: Be Ransomware Resilient: Know How to Operate Manually A Healthcare System Under Attack Last month, the U.S. health care system in American history.” health care system in American history.”

Healthcare 52

Healthcare Hospitality Resilience Insurance 52

Reciprocity

APRIL 4, 2022

So it is for houses and buildings – and the same principle is just as true for cybersecurity. Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. DRP is the active piece of the cybersecurity puzzle, and is an imperative for every organization. What is Digital Risk Protection?

Mitigation 52

Mitigation Cybersecurity Malware Media 52

Online Computers

AUGUST 10, 2022

Not only is it difficult for the patients whose privacy has been violated, but it also opens up these healthcare providers to a sea of liability. These and many other services can be provided via patient portals, which are a major example of how the future is now alive in healthcare. Lastly, modern IT just makes everything move faster.

Healthcare 52

Healthcare Insurance Insurance Manufacturing 52

Solutions Review

APRIL 21, 2022

In fact, a business’s future growth may hinge on doing so, as the latest data suggests that cybersecurity practices among vendors are becoming an expectation, as 44% of firms say they are being asked for proof of cybersecurity as part of a request for proposal (RFP) 3). In 2021, businesses in the U.S.

Media 40

Media Cybersecurity Retail Vulnerability 40

Reciprocity

MARCH 28, 2022

Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Pure Storage

JULY 6, 2021

They do their research, they know what data you have (and what data you want to protect), they know who your customers are, and they even know where you purchase your security insurance. State and local governments, police departments, and companies that deal in healthcare, education, and manufacturing have some of the most high-value data.

Insurance 65

Insurance Insurance Backup Healthcare 65

Reciprocity

AUGUST 18, 2022

Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters. Passing or sharing the risk via insurance, joint venture, or another arrangement.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Solutions Review

SEPTEMBER 27, 2021

Description: Apptega is a cybersecurity and compliance management platform that makes it easy for users to access, build, manage, and report their cybersecurity and compliance programs. Note: Software is listed in alphabetical order. The Best Governance, Risk, and Compliance Software. Platform: Apptega.

Government 92

Government Audit Risk Management Hospitality 92

Reciprocity

MARCH 24, 2022

Such risks could affect your business’ cybersecurity, regulatory compliance, business continuity, and organizational reputation. It encompasses controls for cybersecurity, information technology, data security, and business resiliency. Cybersecurity. Cybersecurity risk is one of the biggest concerns with third parties.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Reciprocity

AUGUST 24, 2022

As you bring new vendors into your organization’s orbit, you will need assurance that those third parties continuously comply with the cybersecurity controls outlined in the service level agreements you’ve established. Cybersecurity. Begin by determining your organization’s tolerance for cybersecurity risk.

Management 52

Management Risk Management Cybersecurity Strategic 52

Reciprocity

DECEMBER 19, 2022

When your business does commit misconduct or suffers some unfortunate incident (say, a cybersecurity breach), regulators will examine your compliance program to see whether the business was making a good-faith effort to avoid those events. Your compliance program must develop standards and controls that respond to the risks you find.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

SEPTEMBER 30, 2022

Data breaches against healthcare organizations affected more than 1 million people in 2020. The average total data breach cost in the same year was far higher in the healthcare industry ( $7.13 As one can see, the healthcare industry is one of the most attractive targets for cyber attackers and data thieves.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

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. Cybersecurity events, such as data breaches.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

AUGUST 15, 2022

But as more companies use technology across all parts of the enterprise and more compliance requirements focus on cybersecurity, IT security is becoming an increasingly central part of the CMS. The Federal Deposit Insurance Corp. So how does a modern CMS program operate? This article will explore that question. FDIC), a primary U.S.

Management 52

Management Audit Banking Risk Management 52

Solutions Review

MARCH 31, 2023

Backups are an essential component of several functions in the NIST Cybersecurity Framework. Specifically, backups relate to the Recover function, which involves restoring any services that were compromised in a cybersecurity incident. However, backups fail to provide protection from data theft with no chance of recovery.

Backup 119

Backup Disaster Recovery Application Security 119

Reciprocity

AUGUST 24, 2022

Organizations typically bought insurance to avoid the losses these risks could cause, thus “transferring” the risk to the insurance company. Not long ago, risk managers concerned themselves mainly with hazards such as fires and floods; or in the financial sector, loan defaults (credit risk). “They’re integrated.”

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

APRIL 4, 2022

Security risk assessments are essential not just for cybersecurity but also for regulatory compliance. Information security and cybersecurity risks often bubble to the top in a world connected with technology, uut you would be remiss if you only focused on technology-related risks. Quality risk. What is the Risk Assessment Process?

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Solutions Review

FEBRUARY 24, 2022

With the advancement in IoT technologies, industrial machines, wearable devices, healthcare devices, and robotics, the data protection process significantly reduces the risk of data corruption, leakage, and compromise. Nations are focusing on strengthening cybersecurity policies through critical infrastructures and modern standards.

Disaster Recovery 40

Disaster Recovery Backup Technology Malware 40

Reciprocity

DECEMBER 27, 2022

This allows you to strengthen cybersecurity, reduce uncertainty, cut costs, and improve business decision-making. Risk management refers to a holistic framework that allows the organization to identify, assess, control, and minimize all its risks: financial, reputational, regulatory, strategic, operational, transactional, and cybersecurity.

Government 52

Government Audit Risk Management Disaster Recovery 52

Reciprocity

NOVEMBER 5, 2021

There are many different types of risks, such as operational risks, financial risks, or strategic risks; as well as others including reputational, regulatory, or cybersecurity risk. It helps you manage, minimize, and in some cases eliminate risks, to keep your organization safe and in business. What is ERM?

Risk Management 52

Risk Management Management Audit Strategic 52

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. ” Eric Scwake, Director of CyberSecurity Strategy at Salt Security “Data Privacy Weeks allows organizations of all sizes to reflect on their critical data and assess ways to ensure its safety and security.

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. ” Eric Scwake, Director of CyberSecurity Strategy at Salt Security “Data Privacy Weeks allows organizations of all sizes to reflect on their critical data and assess ways to ensure its safety and security.

Healthcare 52

Healthcare Security Cybersecurity Government 52

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. ” Eric Scwake, Director of CyberSecurity Strategy at Salt Security “Data Privacy Weeks allows organizations of all sizes to reflect on their critical data and assess ways to ensure its safety and security.

Authentication 142

Authentication Security Cybersecurity Government 142

Solutions Review

JANUARY 25, 2023

The experts featured represent some of the top Cybersecurity solution providers with experience in these marketplaces, and each projection has been vetted for relevance and ability to add business value. However, some of the responsibility remains on our shoulders as well as those of the data management professionals we rely upon.

Government 116

Government Backup Application Security 116