Remove Hazard Remove Healthcare Remove Malware Remove Mitigation
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The hidden costs of shadow IT: How unsanctioned tech impacts your budget

Online Computers

In 2013, thieves stole two laptops from Horizon Blue Cross Blue Shield of New Jersey (Horizon BCBSNJ), the state’s largest healthcare provider. Using unauthorized laptops illustrates the hazards of shadow IT within a company. Compliance issues Industries such as healthcare or finance have strict regulations regarding data handling.

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Strategies for Digital Risk Protection

Reciprocity

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. Digital risk protection (DRP) refers to cybersecurity measures that aim to prevent data breaches, malware, identity theft, and other forms of cyber crime. Which areas in your systems and networks expose you to attack or malware? Mitigation.

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Risk Assessment vs Risk Analysis

Reciprocity

A risk analysis is conducted for each identified risk, and security controls are pinpointed to mitigate or avoid these threats. Various types of hazards must be considered. After identifying hazards and risks, consider how they are harmful and the possible outcomes. Economic risk. Operational risk. Third-party risk.