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Why Crisis Management Planning Should Be On Your To-Do List

Bernstein Crisis Management

Why Crisis Management Planning Should Be On Your To-Do List In a competitive market regularly impacted by events which disrupt the ability to operate, a volatile social climate, and rapidly shifting consumer expectations, what separates businesses that thrive and those that struggle is often their preparedness for crises.

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New NAAIA Report Focuses on Next Steps for DEI in the Insurance Industry

Risk Management Monitor

To that end, the National African American Insurance Association (NAAIA) recently updated its research on its members’ experiences and challenges in the insurance industry, releasing the new study The Next Steps on the Journey: Has Anything Changed?

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Ransomware Attacks Leave Businesses Around the World Reeling

LAN Infotech

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. Involving your insurer from the beginning is critical because the insurance company is the one that will approve the offer to pay ransom to the hacker.

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World Backup Day: Four Data Protection Best Practices to Know

Pure Storage

They will often try to discover cybersecurity insurance limits, critical operations your organization is running, and where and to whom services are provided, all in an effort to understand where an attack can do the worst damage. Focus on Security Attacks Before they Happen With any security event, there’s a before, a during, and an after.

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Hurricane Risk Management: Key Considerations Before and After Storms Strike

Risk Management Monitor

The storm marks another overactive hurricane season officially underway in the United States, prompting business leaders and property owners to ensure they are adequately prepared from an insurance and risk management perspective. Before doing so, reach out to your insurance broker who can help guide you through this process.

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Adapt or Fail: Climate Change Resilience for Organizations  

everbridge

According to research conducted by Verdantix , “more than half of organizations have less than $1 million to respond to catastrophic events, and 41% of participants stated that they had no budget at all for catastrophic events” (Navigating Climate Threats and Proactive Mechanisms to Achieve Business Climate Resilience, November 2022).

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Do Cyber Risks Lurk in Your Business Ecosystem?

NexusTek

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. Unfortunately, 51% of businesses report that they do not evaluate third-party cyber risk 2.