MHA Consulting
FEBRUARY 9, 2023
There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity. The Promise and Pitfalls of Insurance Insurance is the most frequently used and easiest method of risk transference.
Fusion Risk Management
SEPTEMBER 12, 2022
There are even emerging regulatory requirements on the horizon such as the Digital Operational Resilience Act (DORA) that will extend regulatory reach to some technology and data service providers. Investing in Risk and Resiliency is the Right Thing to Do. Or, as so well articulated by the great British writer C.
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Pure Storage
MARCH 21, 2022
This role could be an in-house team, outsourced, or hybrid. If outsourced or hybrid, a designated employee should act as a liaison. Pure’s entire portfolio brings security and resiliency to your data estate, offering: Read-only snapshots of backup data and infinitely configurable policies. Information Security (InfoSec).
NexusTek
JUNE 6, 2023
A popular alternative is a virtual CIO (vCIO), an outsourced resource of expertise, strategic planning, and leadership who works on a part-time or as-needed basis. But with annual salaries averaging over $300,000 1 , a full-time CIO is impractical for most small to medium-sized businesses (SMBs). Not sure if a vCIO is right for your business?
Stratogrid Advisory
MAY 11, 2020
We have business interruption insurance. Proper business interruption coverage is a significant part of your risk management strategy and the vital part of the overall organization’s resiliency plan, but your organization should not solely rely on it. Business insurance is not a business continuity strategy.
Stratogrid Advisory
APRIL 12, 2020
non-profits, law or accounting firms, insurance firms/brokers, professional service firms, architecture firms, etc.) A false sense of security Many of the small and medium-sized organizations are outsourcing some or all of the internal Information Technology infrastructure and applications to third-party organizations (e.g.
Stratogrid Advisory
APRIL 12, 2020
non-profits, law or accounting firms, insurance firms/brokers, professional service firms, architecture firms, etc.) Many of the small and medium-sized organizations are outsourcing some or all of the internal Information Technology infrastructure and applications to third-party organizations (e.g. A false sense of security.
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