Risk Management Monitor

JANUARY 27, 2022

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. Armed with this data, companies can take steps to make it easier to access optimal cyber insurance coverage and better insurance pricing. One way to do this is through analytics.

Insurance 66

Insurance Insurance Cybersecurity Vulnerability 66

NexusTek

FEBRUARY 8, 2023

READ TIME: 4 MIN February 8, 2023 3 Real-Life Cybersecurity Incidents… and What They Can Teach You Before getting into the gritty details, let us first acknowledge that no one—be it an individual or a business—likes being “made an example of” in front of an audience. But they’re still in use and still a threat.

Cybersecurity 97

Cybersecurity Backup Authentication Insurance 97

Zerto

FEBRUARY 28, 2024

In the ever-evolving landscape of cybersecurity threats , organizations globally are seeking robust solutions to protect their data. The Australian Signals Directorate (ASD) has developed a set of prioritized mitigation strategies known as the Essential Eight to safeguard internet-connected information technology networks.

Cybersecurity 62

Cybersecurity Resilience Backup Disaster Recovery 62

Pure Storage

MAY 1, 2024

Every ransomware attack against an educational institution further underscores the need for any organization in the educational sector to take a proactive stance toward defending against these debilitating cybersecurity incidents. It’s their insurance policy to help them realize a return on their investment.

Education 98

Education Backup Insurance Insurance 98

Acronis

NOVEMBER 21, 2023

This article focuses on the crucial requirements that help companies build cyber resilience and thereby qualify for cyber insurance coverage.

Insurance 52

Insurance Insurance Cyber Resilience Resilience 52

Online Computers

DECEMBER 14, 2023

In coming up with a cybersecurity budget for your small or medium-sized business in New Jersey, you may find yourself with a dilemma: Where should you spend your money — training your staff on cybersecurity best practices or upgrading your cybersecurity tools?

Cybersecurity 52

Cybersecurity Insurance Insurance Security 52

Reciprocity

NOVEMBER 5, 2021

Hence cyber insurance has become a lucrative product for insurance companies, and a must-have for businesses that want to offset the costs of attack-inflicted damage. What Is Cyber Insurance and Why Do You Need It? Cyber insurance costs can vary due to a number of factors. What You Need to Know About Cyber Insurance.

Insurance 52

Insurance Insurance Management Internet 52

Acronis

NOVEMBER 22, 2023

The National Institute of Standards and Technology (NIST) Cybersecurity Framework provides “voluntary guidance, based on existing standards, guidelines and practices for organization to better manage and reduce cybersecurity risk.”

Insurance 52

Insurance Insurance Cybersecurity Resilience 52

Security Industry Association

SEPTEMBER 20, 2022

Last week the Department of Homeland Security (DHS) announced a joint effort between the Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Emergency Management Agency (FEMA) to provide new cybersecurity grants authorized and funded under the Bipartisan Infrastructure Law.

Cybersecurity 52

Cybersecurity Telecommunications Government Authentication 52

FS-ISAC

MARCH 2, 2022

As a financial services cybersecurity professional who has worked on three continents for large multinational institutions, I understand the advantages and challenges for security departments at banks both large and small. This is a problem in a cybersecurity landscape defined by rapid change.

Banking 59

Banking Cybersecurity Risk Reduction Financial Services 59

NexusTek

JUNE 6, 2023

READ TIME: 4 MIN June 6, 2023 6 Signs Your Business Needs a vCIO In today’s business world, where technology and business strategy are inextricably linked, a Chief Information Officer (CIO) is an indispensable member of most large companies’ leadership teams. You think you might be paying too much for technology across multiple vendors.

Strategic 83

Strategic Cybersecurity Benchmark Outsourcing 83

LAN Infotech

FEBRUARY 13, 2022

Businesses have no option but to reevaluate their cybersecurity procedures , policies, and defense. Insurance carrier. On the other hand, the insurance carrier will determine whether the safety of the coverage is applicable under the existing cyber insurance policy. The Changing Face of Ransomware Attacks. Legal team.

Insurance 98

Insurance Insurance Evaluation Backup 98

Security Industry Association

MARCH 8, 2024

security sales, Wesco Carissa Hunter, regional training and compliance manager – Americas, Securitas Global Clients Amena Jamali, information security associate, Tevora Alice L.

Security 111

Security Marketing Automotive Communications 111

Pure Storage

MARCH 21, 2024

The multinational health insurance and services company has been knee-deep in this nightmare since its technology unit, Change Healthcare, was targeted by the BlackCat/ALPHV ransomware affiliate in late February. This cybersecurity concept operates under the assumption that threats can exist both inside and outside of your network.

Healthcare 97

Healthcare Hospitality Architecture Cybersecurity 97

Pure Storage

JANUARY 11, 2024

Five Takeaways for Financial Services Firms from EU’s DORA While the UK OR regime is a tough one, the EU’s Digital Operational Resilience Act (DORA) is the most comprehensive and prescriptive approach to OR and cybersecurity from any global regulator. Broad impact across the ecosystem: The breadth and depth of DORA is unprecedented.

Resilience 117

Resilience Financial Services Banking Cybersecurity 117

Solutions Review

JANUARY 25, 2024

This year’s theme underscores the critical balance between leveraging technology for advancement and ensuring the confidentiality and integrity of individual data. Visibility of this magnitude wasn’t possible before due to technology limitations.

Authentication 142

Authentication Cybersecurity Security Government 142

Pure Storage

FEBRUARY 16, 2024

The “Citrix Bleed” vulnerability, related to Citrix’s remote access technology, hurt companies ranging from Boeing, Toyota Financial Services, and ICBC, China’s massive state-owned bank, as Forbes reported. Cyber insurance could get shaky. No industry can get lazy about the potential for attacks– they’re all at risk.

Security 128

Security Insurance Insurance Government 128

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

NexusTek

OCTOBER 25, 2023

Similarly, if other parties in your ecosystem have lax security, they place your business at risk—even if your own cybersecurity is excellent. Managing Cyber Risk in Your Business Ecosystem To effectively manage cyber risk in our digital world, you need to evaluate not only your own cybersecurity posture but third parties’ as well.

Cybersecurity 91

Cybersecurity Evaluation Vulnerability Risk Management 91

Fusion Risk Management

SEPTEMBER 12, 2022

Technology has evolved rapidly in the past 20 years. Metaphorically speaking, technology is the backbone of our digital world. . Technology and data service providers (TSPs) have become critical contributors in the successful operations of every organization. Lead with a Top-Down and Bottom-Up Approach. Supply Chain Ecosystem.

Resilience 52

Resilience Insurance Insurance Audit 52

Security Industry Association

MAY 28, 2024

The rushed process in Colorado prompted opposition from dozens of Colorado businesses, technology groups and AI startups at the Senate Committee hearing on the measure, and opposition from national organizations like the Consumer Technology Association and the U.S.

Security 59

Security Application Technology Government 59

Security Industry Association

APRIL 7, 2022

Strict privacy laws and regulations, such as the Health Insurance Portability and Accountability Act (HIPAA), are important considerations when deploying and financing security solutions in the health care sector. Unfortunately, the challenges do not end here. Protecting Patients and Privacy.

Hospitality 52

Hospitality Security Technology Alert 52

everbridge

DECEMBER 19, 2023

The United States Department of Homeland Security introduced a comprehensive cybersecurity framework, placing a strong emphasis on merging the worlds of physical and digital security. Lessons Learned: Exploration of Cybersecurity Vulnerabilities: In 2023, a surge in cyberattacks exposed vulnerabilities across various sectors.

Management 59

Management Travel Vulnerability Cybersecurity 59

Pure Storage

MARCH 21, 2022

A key part of preparing for a security event is ensuring you have the people and the technology you need to help you recover as quickly as possible. After a cybersecurity event, forensic experts gather evidence from data on computers and other digital storage devices for use in the investigation. Information Technology (IT).

Emergency Response 105

Emergency Response Emergency Response Backup Outsourcing 105

Security Industry Association

NOVEMBER 24, 2023

The core principles were clear: technology, expertise and continuous effort. Veridas develops 100% proprietary, world-class technology. Every second, someone performs a remote identity verification process worldwide using Veridas technology. What solutions/services does your business offer in the security industry?

Authentication 52

Authentication Banking Telecommunications Cybersecurity 52

Pure Storage

AUGUST 25, 2021

There are outsourced IT and cybersecurity that may need to be deployed. Third-party cybersecurity consultants. Ongoing costs of $250,000 to $400,000 a month for upgraded technology and employee education to reduce the risk and impact of future attacks. Increased insurance premiums (or possible cancellation).

Hospitality 59

Hospitality Insurance Insurance Backup 59

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. Technology. Compliance.

Mitigation 52

Mitigation Cybersecurity Malware Media 52

Solutions Review

DECEMBER 13, 2022

Job dissatisfaction and surging unemployment across the technology sector is likely to spur more insider threats. Similarly in cybersecurity, enterprises typically proof themselves up against last year’s strategies and attack vectors. Insurance Refusals and Rate Hikes. But not insurance companies.

Backup 52

Backup Security Insurance Insurance 52

Reciprocity

SEPTEMBER 30, 2022

Such valuable data creates immense cybersecurity risks in healthcare. The pain is felt by the healthcare organization when a vendor has an outage because of ransomware or another cybersecurity intrusion. Despite HIPAA regulations, cybersecurity attacks and data breaches targeting healthcare remain a severe and increasing threat.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Pure Storage

MARCH 21, 2024

2024 has already seen ransomware gangs targeting health insurance and services companies and profiting from their exploits. You’ll need to add technology and people to support this process and make it more proactive than reactive—namely, a security analytics solution and a cyber-threat hunting program. This activity is not unexpected.

Healthcare 52

Healthcare Architecture Hospitality Cybersecurity 52

Online Computers

NOVEMBER 15, 2022

Health Insurance Portability and Accountability Act of 1996 (HIPAA) – If you’re in the healthcare sector and handle protected electronic health information (ePHI), your business needs to be HIPAA-compliant. By understanding the basics of compliance, you can better protect your business from cybersecurity risks.

Security 52

Security Healthcare Cybersecurity Retail 52

Risk Management Monitor

JUNE 17, 2022

As organizations continue to adapt to remote or hybrid work models, it has never been more vital to have a robust cybersecurity program to better protect against ransomware attacks and other cyberattacks against company systems and personnel. Attackers are constantly finding new ways to infiltrate environments while trying to stay undetected.

Alert 76

Alert Cybersecurity Activation Asset Management 76

Security Industry Association

SEPTEMBER 9, 2022

Building Intelligence President Bill Edwards says federal policy regulating commercial drone technology is better late than never but far too shortsighted. There is no argument against the fact that we are experiencing the “Wild West” with the evolution of commercial drone technology. He is a retired U.S.

Government 98

Government Marketing Technology Authorization 98

Reciprocity

MARCH 24, 2022

Such risks could affect your business’ cybersecurity, regulatory compliance, business continuity, and organizational reputation. Because market circumstances and technology are continually evolving, companies must reevaluate their old vendor management procedures to address new risks. Cybersecurity. Information management.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

MHA Consulting

MARCH 23, 2023

Other well-known standards include those published by the Business Continuity Institute (BCI Good Practice Guidelines), the International Organization for Standardization (ISO 22301), the National Institute of Science and Technology (NIST 800), and the National Fire Protection Association (NFPA 1600).

BCM 74

BCM Impact Analysis Business Continuity Banking 74

Reciprocity

APRIL 4, 2022

Security risk assessments are essential not just for cybersecurity but also for regulatory compliance. In addition, the National Institute of Standards and Technology’s (NIST) Special Publication 800-53, Guide for Conducting Risk Assessments, provides a framework for the information security risk assessment process.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Solutions Review

OCTOBER 7, 2022

” It’s clear that when valuable, sensitive, or private information is compromised, it can have catastrophic consequences – no matter if it’s due to a cybersecurity incident, device malfunction, natural disaster, or even human error. So, what steps should you take to protect this vital asset?

Backup 52

Backup Cybersecurity Government Disaster Recovery 52