Evaluation, Insurance and Manufacturing - Continuity Professionals Pulse

SIA New Member Profile: NSG Life Safety

Security Industry Association

MARCH 28, 2024

We are manufacturer agnostic and have aligned ourselves with most major security product manufacturers. NSG stores all project material long before they are needed, collect, inventory, store and insure the materials. What is your company’s vision, and what are your goals for the security industry?

Manufacturing

Manufacturing Hospitality Marketing Education

Tips for Managing Third-Party Risk in Health Care

Reciprocity

SEPTEMBER 30, 2022

And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety. Third-party Risk Assessment.

Healthcare

Healthcare Management Risk Management Vulnerability

The road to EV safety requires a robust infrastructure

National Fire Protection Association

NOVEMBER 2, 2022

Called “NFPA Spurs the Safe Adoption of Electric Vehicles Through Education and Outreach,” the program works to help communities prepare for electrical vehicle growth in the US, assisting cities and towns with an evaluation of their EV infrastructure, training programs, incentives, and code compliance readiness.

All-Hazards

All-Hazards Hazard Education Transportation

Opening the eyes of the machine: Computer vision with AutoML (Part 1)

Advancing Analytics

MAY 23, 2022

Auto-insurer Tokio Marine use computer vision system for examining damaged vehicles. In the insurance business, Tokio Marine, a Japanese-based property and casualty insurer use computer vision to analyse and evaluate damaged cars, speeding up the evaluation process. Manufacturing. Source: New York Times.

Advertising

Advertising Retail Healthcare Transportation

How Can Blockchain Improve Supply Chains?

Pure Storage

NOVEMBER 17, 2021

For businesses evaluating vendors, supply chain integrity is listed as non-negotiable.¹ A supply chain is the life cycle of a product, with numerous steps occurring along the way that create data to be recorded, verified, communicated, and protected, including: The delivery of raw materials for manufacturing or production.

Retail

Retail Insurance Insurance Manufacturing

IRM, ERM, and GRC: Is There a Difference?

Reciprocity

AUGUST 24, 2022

For example, retail is now “e-tail,” manufacturing plants are increasingly automated, and nearly every step of the hiring and contracting process happens online, from application to background checks to payroll. The advent of the digital age is partly to blame. Previously, Gartner had focused on GRC vendors.

Risk Management

Risk Management Audit Insurance Insurance

5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

AUGUST 18, 2022

The two fundamental components of ERM are (1) the evaluation of significant risks, followed by (2) application of adequate responses. Passing or sharing the risk via insurance, joint venture, or another arrangement. Those responses to risk include: Acceptance of a risk. Prevention or termination of a risk.

Risk Management

Risk Management Management Mitigation Strategic

5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

MARCH 28, 2022

The fundamental components of ERM are evaluating significant risks and applying adequate responses. Operationally Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE), developed by the Carnegie Mellon University, provides a self-directed methodology customizable to your organization’s size.

Risk Management

Risk Management Management Mitigation Strategic

What Does a Compliance Management System Look Like?

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. It typically covers everything, from evaluation and prevention to cooperation and enforcement. Risk Evaluation. FDIC), a primary U.S. ” CFPB. The Consumer Financial Protection Bureau is a consumer protection agency that responds to consumer complaints.

Management

Management Audit Banking Risk Management

Protecting Your Business From Interruption: The Value of Business Continuity Management

Castellan

DECEMBER 1, 2021

During the analysis, every area of the company should be evaluated to identify critical activities and dependencies that may not be immediately obvious. The Result Using the process above to analyze and evaluate the risk management options for an organization results in reliable and repeatable results. Customer Demands?

Business Continuity

Business Continuity Management Activation Risk Management

The Difference Between Strategic and Operational Risk

Reciprocity

AUGUST 17, 2022

They might evaluate the threat from, say, certain IT systems going off-line, or certain physical locations suddenly not available. For instance, emergency services or healthcare professionals may employ dynamic risk evaluations. Typically these risks are graded on a high-medium-low scale. Quantitative Risk Assessment.

Strategic

Strategic Risk Management Mitigation Evaluation

What is Vendor Risk Management (VRM)? The Definitive Guide

Reciprocity

MARCH 24, 2022

For example, the Health Insurance Portability and Accountability Act (HIPAA) and the Payment Card Industry Data Security Standard (PCI DSS) , among others, require vendor compliance. Periodically request and evaluate vendors’ SOC reports, business continuity and disaster recovery plans, and security documentation.

Risk Management

Risk Management Management Audit Cybersecurity

Risk Assessment vs Risk Analysis

Reciprocity

APRIL 4, 2022

A risk assessment evaluates all the potential risks to your organization’s ability to do business. Both are components within the larger whole known as risk management or risk evaluation. What Is a Risk Assessment? These include project risks, enterprise risks, control risks, and inherent risks.

All-Hazards

All-Hazards Mitigation Risk Management Hazard

What Is Enterprise Risk Management & Its Importance

Reciprocity

NOVEMBER 5, 2021

This systematic, step-by-step, process involves risk identification , evaluation, and prioritization. Management, in conjunction with the board of directors, must first establish the company’s mission and success metrics to ensure that those objectives align with the decided risk appetite. Risk Assessment. Risk Response.

Risk Management

Risk Management Management Audit Strategic

Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

JUNE 3, 2020

Regardless of the industry (non-profit organizations, professional services companies, manufacturing, public sector, etc.), An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. Insurance companies assess risks to determine the insurance premiums they will charge.

Business Continuity

Business Continuity BCM Impact Analysis BCP

Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

JUNE 3, 2020

Regardless of the industry (non-profit organizations, professional services companies, manufacturing, public sector, etc.), Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs. manufacturing facilities). These are just a few examples.

Business Continuity

Business Continuity BCM Impact Analysis BCP

Important KPIs for Successful Vendor Management

Reciprocity

AUGUST 24, 2022

After acceptable risk levels have been established, evaluate vendors’ security performance — and if a vendor’s cybersecurity is too lax for your tastes, require that vendor to make improvements as necessary. The six risks listed below are a good place to start. Cybersecurity.

Management

Management Risk Management Cybersecurity Strategic

Why Buying SaaS GRC Software Is a Smart Investment

Reciprocity

OCTOBER 1, 2022

Ideally, a GRC solution should equip your security and compliance teams with a single, integrated experience that reveals information security risks across your enterprise.

Government

Government Risk Management Internet Audit