LAN Infotech

FEBRUARY 13, 2022

The plan should explain your company’s actions and have a well-represented team to manage the incident. The teams should inform several parties about the incident, which include: Senior management. Insurance carrier. Evaluation of a specific situation will help your company to decide whether to pay the ransom or not.

Insurance 98

Insurance Insurance Evaluation Backup 98

FS-ISAC

NOVEMBER 8, 2021

We chase concepts that seem simple, such as "basic" network hygiene, asset management, and patching. But these approaches rely on tenets based on traditional operational and financial risk management. While “close enough” works in asset management for financial inventory, it can quickly prove useless in cybersecurity.

Risk Management 59

Risk Management Management Audit Asset Management 59

Risk Management Monitor

MARCH 4, 2022

Concerns about escalating cyber activity around the crisis are a vivid reminder of the importance of knowing your threat model and adjusting your risk management priorities accordingly. Evaluate and if possible, test your business continuity plans. and “How can we still work without any technology support?”. Check it out here: [link].

Management 56

Management Malware Cybersecurity Insurance 56

LogisManager

OCTOBER 12, 2021

What Is Risk Management? Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. Risk Management allows you to imagine tomorrow’s surprises today. However, implicit risk management is not enough to successfully operate a business.

Risk Management 52

Risk Management Management Insurance Insurance 52

Reciprocity

SEPTEMBER 30, 2022

Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security. This is why third-party risk management and healthcare data security are critical. What is Healthcare Vendor Risk Management? The Need for Third-party Risk Management in Healthcare.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Risk Management Monitor

DECEMBER 20, 2022

In these cases, a worker may intentionally fake an injury (claimant fraud) or a business owner may misrepresent their employee headcount or incorrectly classify employees to obtain lower insurance premiums. Now, a lesser-known type is occurring with greater frequency: provider fraud.

Insurance 40

Insurance Insurance Evaluation Hospitality 40

Reciprocity

AUGUST 18, 2022

Enterprise risk management (ERM) is critical for success in the modern business landscape. 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.

Risk Management 52

Risk Management Management Mitigation Strategic 52

LogisManager

MAY 9, 2023

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. I predict by next year they too will conclude that it was a failure in risk management.

Banking 98

Banking Risk Management Management Corporate Governance 98

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. Additional important ERM components are risk philosophy or strategy, risk culture, and risk appetite. Two ERM Must-Haves.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Solutions Review

SEPTEMBER 9, 2021

Solutions Review’s listing of the best risk management software is an annual mashup of products that best represent current market conditions, according to the crowd. The editors at Solutions Review have developed this resource to assist buyers in search of the best risk management software and tools to fit the needs of their organization.

Risk Management 98

Risk Management Management Audit Hospitality 98

Reciprocity

AUGUST 15, 2022

Automated tools allow your compliance management system (CMS) to work effectively. Specifically, a compliance management system looks like a collection of policies, procedures, and processes governing all compliance efforts. The Federal Deposit Insurance Corp. FDIC), a primary U.S. FDIC), a primary U.S. ” CFPB.

Management 52

Management Audit Banking Risk Management 52

NexusTek

OCTOBER 25, 2023

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. CONTACT US References: Coble, S.

Cybersecurity 91

Cybersecurity Evaluation Vulnerability Risk Management 91

Pure Storage

MARCH 29, 2024

Here are a few best practices to consider when implementing a strong data protection strategy: Implement an Active Threat and Vulnerability Management Program Before an attack , the adversaries are doing their homework: learning about your organization to understand the size and scope of their opportunity.

Backup 96

Backup Cybersecurity Architecture Resilience 96

everbridge

MARCH 6, 2023

The current systems and solutions in place for managing climate hazards are often inadequate, and the reliance on traditional insurance has become insufficient. The Insufficiency of Traditional Insurance Organizations often rely on insurance providers to provide protection against the impacts of extreme weather events.

Resilience 52

Resilience All-Hazards Command Center Insurance 52

Reciprocity

MARCH 24, 2022

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. 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. This will also uncover poor management of privileged user accounts.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Solutions Review

MARCH 29, 2024

Nasuni Appoints Michael Sotnick as Senior VP of Biz Dev and Corporate Dev Sotnick brings more than 30 years of senior-level partnership experience across data infrastructure, security, management, and cloud. Veeam solutions also enabled Fort Lauderdale to meet its cybersecurity insurance requirements with encryption and immutability.

Disaster Recovery 52

Disaster Recovery High Availability Insurance Insurance 52

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? Setting up metrics is essential for the success of your vendor risk management (VRM) program.

Management 52

Management Risk Management Cybersecurity Strategic 52

Fusion Risk Management

SEPTEMBER 12, 2022

Are you able to respond to and manage all of the SLAs (service-level agreements) that you’re required to adhere to contractually? . Your customer may ask you to meet a specific SLA in the event of a data breach so that they can activate their incident management processes . Or, as so well articulated by the great British writer C.

Resilience 52

Resilience Insurance Insurance Audit 52

Reciprocity

NOVEMBER 5, 2021

You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in. It helps you manage, minimize, and in some cases eliminate risks, to keep your organization safe and in business. ERM looks at risk management strategically and from an enterprise-wide perspective.

Risk Management 52

Risk Management Management Audit Strategic 52

MHA Consulting

MARCH 30, 2023

Sometimes questions arise about the relationship between the business continuity management (BCM) team and the enterprise risk management (ERM) department. Theirs is a strategic role that involves the research and study of models, financials, and procedures, and risk managers tend to have a lot of authority in an organization.

BCM 88

BCM Risk Management Business Continuity Strategic 88

Security Industry Association

MARCH 28, 2024

After market service: NOREL Service Company serves all of New England, with over 65 service vehicles, and offers a team of client-centric service managers to support any size system or facility. NSG/NOREL also caters to the design community, offering our years of expertise and knowledge of construction management.

Manufacturing 59

Manufacturing Hospitality Marketing Education 59

everbridge

AUGUST 18, 2022

The Best in Resilience Certification is designed to help organizations protect their people, safeguard operations, and sustain performance with critical event management (CEM) best practices. ” – Chris DeRemer, Manager, Global Security Operations Center, Exact Sciences. LEARN MORE.

Resilience 69

Resilience Benchmark Healthcare Insurance 69

Castellan

DECEMBER 1, 2021

The Need For Business Continuity Management All businesses face the threat of an unplanned business interruption. The structured approach needed for business interruption risks is business continuity management – a process that analyzes an organization’s risk of business interruption and takes actions to reduce it.

Business Continuity 40

Business Continuity Management Activation Risk Management 40

Solutions Review

OCTOBER 29, 2021

To help users address the latest cyber threats, Cohesity unveiled two SaaS offerings (Cohesity DataGovern and Project Fort Knox), which will be housed under the company’s Data Management as a Service portfolio of Cohesity-managed solutions. Relying on legacy backup as an insurance policy no longer is sufficient.

Disaster Recovery 52

Disaster Recovery Backup Architecture Insurance 52

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As such risks proliferate and evolve, so do the ways to manage them. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM).

Risk Management 52

Risk Management Audit Insurance Insurance 52

Pure Storage

NOVEMBER 17, 2021

For businesses evaluating vendors, supply chain integrity is listed as non-negotiable.¹ Analytics can be a boon to supply chain management , but a lack of adequate data can make optimization difficult. For example, when data is lacking or lagging, inventory management can be too slow to respond to demand. Lack of agility.

Retail 119

Retail Insurance Insurance Manufacturing 119

Online Computers

DECEMBER 5, 2022

For instance, financial institutions must adhere to the Gramm-Leach-Bliley Act, while healthcare facilities must meet the standards of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). They can also train your staff on how to use and manage various technologies required by regulating bodies.

Disaster Recovery 52

Disaster Recovery Backup Healthcare Insurance 52

IT Governance BC

NOVEMBER 7, 2018

Along with business continuity planning , it’s an essential strategy for managing the ever-increasing risk of disruption. Disaster recovery is effectively a form of insurance; you are spending money preparing for a scenario that you hope never occurs. Top management will then appoint a handful of employees to lead the planning process.

Disaster Recovery 85

Disaster Recovery Impact Analysis Insurance Insurance 85

MHA Consulting

APRIL 20, 2023

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. Related on MHA Consulting: Who’s the Boss? What Is a Risk Maturity Model?

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. Related on MHA Consulting: Who’s the Boss? What Is a Risk Maturity Model?

Resilience 52

Resilience Risk Management Mitigation BCM 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

Pure Storage

SEPTEMBER 6, 2023

SafeMode snapshots help them recover from the damage of ransomware attacks in hours instead of weeks, and earn high marks during evaluations for cybersecurity insurance coverage. A Pure Storage customer, NTT Managed Cloud Services , was migrating several thousand systems for a client when the client was hit with a ransomware attack.

Capacity 52

Capacity Insurance Insurance Evaluation 52

Security Industry Association

APRIL 7, 2022

Around the same time, insurance companies began offering premium discounts to alarm subscribers, which drove popular demand. that give security managers a deeper, more robust view of an incident. Test the Solution – Once everything is set up, evaluate the audio pickup and make adjustments where needed. Situational Awareness.

Retail 87

Retail Technology Communications Evaluation 87

FS-ISAC

JUNE 12, 2023

It would be nice to have a clear answer for senior management and regulators about threat resiliency. The Index is facilitated by long-time FS-ISAC sponsor Security Risk Advisors, but it is developed by a wide group of intel, red, and fusion center leads from retail banks, asset managers, fintechs and insurers.

Benchmark 52

Benchmark Resilience Financial Services Alert 52

FS-ISAC

JUNE 12, 2023

It would be nice to have a clear answer for senior management and regulators about threat resiliency. The Index is facilitated by long-time FS-ISAC sponsor Security Risk Advisors, but it is developed by a wide group of intel, red, and fusion center leads from retail banks, asset managers, fintechs and insurers.

Benchmark 52

Benchmark Resilience Financial Services Alert 52

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. Source: isurancejournal.com. Agriculture.

Advertising 52

Advertising Retail Healthcare Transportation 52