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 82

Cybersecurity Evaluation Vulnerability Risk Management 82

Solutions Review

DECEMBER 13, 2022

Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. 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

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 76

Healthcare Hospitality Architecture Cybersecurity 76

Pure Storage

MARCH 25, 2024

Specifically, these have come from the Cybersecurity & Infrastructure Security Agency (CISA), Federal Financial Institutions Examination Council (FFIEC), and the National Cybersecurity Strategy (NCS) from the White House. FFIEC has a much broader and even less specific mandate than CISA.

Financial Services 59

Financial Services Resilience Banking Risk Management 59

Pure Storage

MARCH 21, 2024

2024 has already seen ransomware gangs targeting health insurance and services companies and profiting from their exploits. Increase visibility Take an inventory of your assets and potential points of entry, so you know what you have and why, and what might be vulnerable. This activity is not unexpected.

Healthcare 52

Healthcare Architecture Hospitality Cybersecurity 52

Pure Storage

MARCH 21, 2022

After a cybersecurity event, forensic experts gather evidence from data on computers and other digital storage devices for use in the investigation. In general, InfoSec is a subset of cybersecurity specifically related to processes designed for data security. Forensic Experts. Other Contacts to Know.

Emergency Response 87

Emergency Response Emergency Response Backup Outsourcing 87

Security Industry Association

NOVEMBER 24, 2023

We envision a world where individuals are recognized not by cumbersome passwords or vulnerable keys, nor physical credentials, but privately, securely and voluntarily for who they truly are. First and foremost, the field of cybersecurity remains a paramount concern as our digital landscape continues to expand.

Authentication 52

Authentication Banking Telecommunications Cybersecurity 52

Pure Storage

SEPTEMBER 16, 2021

In this article I’ll start with the before of an attack and discuss what you should do and have in place to ensure you’re closing the gaps that create vulnerabilities and in-roads for attackers. They will learn if you have cybersecurity insurance, where from, and how much it’s for. Other Vulnerabilities to Note.

Security 95

Security Vulnerability Malware Authentication 95

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

Risk Management Monitor

SEPTEMBER 1, 2022

Cybersecurity should be a top priority for organizations today, especially as employees continue to work remotely without business-grade protections. In the age of COVID-19, businesses are more vulnerable than ever. Cybersecurity measures need to become part of everyday routines and tasks. Create a Comprehensive Plan.

Cybersecurity 58

Cybersecurity Threat Monitoring Malware Security 58

Assurance IT

JUNE 3, 2021

Did you know that the global spending on cybersecurity products and services is predicted to exceed $1 trillion? This term, AI Fuzzing is a tool that integrates AI with regular fuzzing techniques which capture software vulnerabilities. A zero-day attack is a software vulnerability that is easily ready and infected by cybercriminals.

Vulnerability 52

Vulnerability Disaster Recovery Insurance Insurance 52

Solutions Review

JUNE 16, 2023

If the past year has taught us anything, it’s that anyone can be vulnerable to attacks in the cloud without proper protection—from the largest organization to the smallest startup. Customers also need to understand that cybersecurity alone doesn’t suffice.

Resilience 52

Resilience Backup Architecture Cybersecurity 52

Business Resilience Decoded

OCTOBER 7, 2021

Episode 79: Understanding Ransomware Vanessa is joined by Brian Kirk, director of cybersecurity for Elliott Davis, LLC, a Southeast-based accounting and consulting firm. Small businesses are strongly advised to set up offsite data backups, implement audit logging, purchase cyber insurance, and devise an incident response plan.

Disaster Recovery 36

Disaster Recovery Sports Audit Insurance 36

Business Resilience Decoded

OCTOBER 7, 2021

Episode 79: Understanding Ransomware Vanessa is joined by Brian Kirk, director of cybersecurity for Elliott Davis, LLC, a Southeast-based accounting and consulting firm. Small businesses are strongly advised to set up offsite data backups, implement audit logging, purchase cyber insurance, and devise an incident response plan.

Disaster Recovery 36

Disaster Recovery Sports Audit Insurance 36

Business Resilience Decoded

OCTOBER 7, 2021

Episode 79: Understanding Ransomware Vanessa is joined by Brian Kirk, director of cybersecurity for Elliott Davis, LLC, a Southeast-based accounting and consulting firm. Small businesses are strongly advised to set up offsite data backups, implement audit logging, purchase cyber insurance, and devise an incident response plan.

Disaster Recovery 36

Disaster Recovery Sports Audit Insurance 36

Pure Storage

AUGUST 2, 2021

There’s a saying in cybersecurity: “It’s not if, it’s when.” Do we have a vulnerability and patch management program? Installing software patches and updating systems to eliminate vulnerabilities are the low-hanging fruit of security tasks. Also, include cyber insurance providers that can explain coverages and limitations.

Benchmark 74

Benchmark Cybersecurity Application Vulnerability 74

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

Solutions Review

MARCH 31, 2022

Cybersecurity sentiment has shifted dramatically – in fact, Gartner recently noted that 88 percent of board of directors now acknowledge that cybersecurity is a key business risk rather than simply just an IT problem, a 58 percent jump from five years ago. When it comes to cybersecurity, attack prevention is only half the battle.

Backup 52

Backup Cybersecurity Architecture Resilience 52

Security Industry Association

SEPTEMBER 9, 2022

Public space is more vulnerable to a myriad of threats posed by commercial drones. The majority of, if not all, large public gatherings are provided by private organizations, including major sports events, concerts and festivals, which are our most vulnerable population. . The first-person view capability is a great example.

Government 98

Government Marketing Technology Authorization 98

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

FS-ISAC

MAY 25, 2021

But in a digital finance world that is quickly advancing into uncharted territory, non-financial risks – operational risk, fraud prevention, IT risk, and cybersecurity – are increasingly critical to the business. Because large numbers are involved, it is largely possible to predict the future based on the past.

Banking 52

Banking Cybersecurity Mitigation Risk Management 52

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. Step 2: Assess the Risks.

Risk Management 52

Risk Management Management Mitigation Strategic 52

LogisManager

MAY 9, 2023

Here is why: In my 18 years as CEO of LogicManager, I have observed a pattern that for every corporate mishap, cybersecurity breach, corporate fraud, or non-compliance finding, experts within the company attempted unsuccessfully to escalate their concerns six months or more prior to the mishap.

Banking 98

Banking Risk Management Management Corporate Governance 98

Solutions Review

SEPTEMBER 14, 2021

TITLE: Risk Management for Cybersecurity and IT Managers. Dion guides his students through the foundations of risk management, particularly with regard to cybersecurity and information technology. The Best Risk Management Courses on Udemy. None of these things have anything to do with proper risk management.

Risk Management 98

Risk Management Management Government Vulnerability 98

Pure Storage

DECEMBER 6, 2021

Continue forensics efforts and work in tandem with the proper authorities, your cyber insurance provider, and any regulatory agencies. If your service providers say they have remedied vulnerabilities, ask for verification this has occurred. . Without these, other business applications may not come back online or function correctly.

Insurance 72

Insurance Insurance Authorization Malware 72

Risk Management Monitor

JANUARY 27, 2022

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. As a result, it is more important than ever for companies to understand their cyber vulnerabilities and exposures so they can ensure they are properly covered. One way to do this is through analytics.

Insurance 66

Insurance Insurance Cybersecurity Vulnerability 66

LogisManager

MAY 20, 2021

For example, a forensic finding made during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. The less prepared you are when responding to an incident, the more likely you’ll be forced into paying ransom.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Online Computers

AUGUST 10, 2022

But if you’re running older computer systems that don’t have modern safety protocols, for example, your system is exceptionally vulnerable to attacks. In the example mentioned above of the old scale, as long as it’s accurate, it doesn’t matter how old it is since it does its job. Lastly, modern IT just makes everything move faster.

Healthcare 52

Healthcare Insurance Insurance Manufacturing 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

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. Take appropriate action. Make Compliance a Breeze with Reciprocity ROAR.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 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

JULY 12, 2021

Authorities say paying the ransom can indicate vulnerabilities, making you an easy target. Whether you choose to pay or not, you could incur additional costs such as shareholder lawsuits, regulatory compliance suits, increased insurance premiums, loss of intellectual property, and other investigations.

Backup 53

Backup Outage Authentication Architecture 53

MHA Consulting

MARCH 21, 2024

Healthcare organizations are uniquely vulnerable to hackers and are subject to more than their share of cyberattacks. Two Types of Attacks Looking at the issue of healthcare cybersecurity from the business continuity perspective, there are two types of attacks to consider: data breaches and ransomware attacks.

Healthcare 52

Healthcare Hospitality Resilience Insurance 52

FS-ISAC

NOVEMBER 8, 2021

While “close enough” works in asset management for financial inventory, it can quickly prove useless in cybersecurity. Likewise, while every reduction in fraud loss provides a quantifiable gain, cybersecurity deals in binary events where a single intrusion may prove an existential event. What is Your Adversary's Goal?

Risk Management 59

Risk Management Management Audit Asset Management 59

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

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

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