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. Source: Amazon.com.
Security Industry Association
APRIL 7, 2022
Around the same time, insurance companies began offering premium discounts to alarm subscribers, which drove popular demand. Audio deployed in retail environments, for example, aids security officers in preventing employee theft, shoplifting, and organized retail crime, as posted audio security serves as a major deterrent.
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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.
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.
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.
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.
Pure Storage
NOVEMBER 17, 2021
For businesses evaluating vendors, supply chain integrity is listed as non-negotiable.¹ Increased sustainability: IDC predicts that by 2025, 75% of retailers will be implementing supply chain KPIs that tie carbon emissions to both product development and the suppliers they use, which is expected to boost customer loyalty by 45%.³
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