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The Risks that Manufacturing Firms are Facing and the Impact that Follows

Fusion Risk Management

The reach and criticality of global manufacturers impacts almost everyone. Manufacturers are responsible for sourcing and producing life-sustaining food, medicine, commodities, and goods that we rely on. Additionally, operating in a global environment leaves manufacturers vulnerable to the results of geopolitical tensions.

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Guest Post: Cybersecurity Incidents Lead to New Standards, Requirements

Security Industry Association

Similarities in standards from different countries are helping global manufacturers comply. Virtually no security manufacturers are exempt from the perils of cybercrime. Physical security device manufacturers must ensure that their products have a secure default baseline with additional hardening measures able to be configured.

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The Ukraine Invasion: What Are the Impacts on Supply Chain Dynamics?

Fusion Risk Management

As an example, Ukraine produces nearly 75% of the world’s Xenon and Neon gas which are critical components in the manufacturing of semiconductor chips – meaning an already brutal manufacturing shortage will become somewhat cataclysmic for at least the next few years.

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Don’t Be Intimidated by OSDP

Security Industry Association

Unlike readers of the past that used Wiegand or other legacy signaling methods, OSDP readers come out of the box with a default speed and a default polling ID set by the manufacturer and need to be set to whatever the panel is expecting. Interoperability. Think of performance profiles like USB.

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Tips for Managing Third-Party Risk in Health Care

Reciprocity

In the healthcare industry, attackers often leverage third-party vulnerabilities to access sensitive information, while defenders try to keep these bad actors out. Several device manufacturers provide remote support but don’t always follow good cybersecurity hygiene. The Need for Third-party Risk Management in Healthcare.

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Risk Assessment vs Risk Analysis

Reciprocity

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. So would a zero-day attack, in which hackers exploit a previously unknown vulnerability. What Is a Risk Assessment? Medium Priority.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

The two fundamental components of ERM are (1) the evaluation of significant risks, followed by (2) application of adequate responses. Operationally Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE), developed by Carnegie Mellon University, provides a self-directed methodology customizable to your organization’s size.