MHA Consulting
FEBRUARY 9, 2023
There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity. The Promise and Pitfalls of Insurance Insurance is the most frequently used and easiest method of risk transference.
NexusTek
JUNE 6, 2023
A popular alternative is a virtual CIO (vCIO), an outsourced resource of expertise, strategic planning, and leadership who works on a part-time or as-needed basis. investing in disaster recovery solutions to prevent business-crushing data loss). Not sure if a vCIO is right for your business?
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Stratogrid Advisory
MAY 11, 2020
We have business interruption insurance. The business interruption insurance will cover actual business loses and expenses associated with the restoration of business services. What business interruption insurance will NOT cover is the loss of your clients, overall market share, or any project related delays associated costs.
Fusion Risk Management
SEPTEMBER 12, 2022
Technology firms that do business in the supply chain ecosystem of highly regulated entities must respond to RFP (request for proposal) requests understanding their back-end IT security, disaster recovery, compliance, and privacy programs. Ability to Procure Cyber Insurance.
Pure Storage
MARCH 21, 2022
This role could be an in-house team, outsourced, or hybrid. If outsourced or hybrid, a designated employee should act as a liaison. Legal experts help you understand the legal obligations, potential conflicts, and liabilities of your business, and can provide input when drafting policies and procedures. Information Security (InfoSec).
Stratogrid Advisory
APRIL 12, 2020
non-profits, law or accounting firms, insurance firms/brokers, professional service firms, architecture firms, etc.) A false sense of security Many of the small and medium-sized organizations are outsourcing some or all of the internal Information Technology infrastructure and applications to third-party organizations (e.g.
Stratogrid Advisory
APRIL 12, 2020
non-profits, law or accounting firms, insurance firms/brokers, professional service firms, architecture firms, etc.) Many of the small and medium-sized organizations are outsourcing some or all of the internal Information Technology infrastructure and applications to third-party organizations (e.g. IT Disaster Recovery.
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