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RIMS TechRisk/RiskTech: Using Cyberrisk Analytics to Improve Your Cyber Insurance Program

Risk Management Monitor

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. Armed with this data, companies can take steps to make it easier to access optimal cyber insurance coverage and better insurance pricing. One way to do this is through analytics.

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The Best Risk Management Courses on Udemy to Consider for 2021

Solutions Review

The editors at Solutions Review have compiled this list of the best Risk Management courses on Udemy to consider taking. Risk management is an essential skill in the data protection space. This list of the best risk management courses on Udemy below includes links to the modules and our take on each.

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Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

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. Organizations should be asking themselves, “What does the work day look like without access to the business’ systems?” Check it out here: [link].

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Do Cyber Risks Lurk in Your Business Ecosystem?

NexusTek

Incident response plan: This demonstrates that a third party is prepared for an organized and effective response should a cyber event occur. Cyber insurance: Such policies help to cover costs related to cyber incidents and indicate that a third party is paying attention to cyber risk management.

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Risk Assessment vs Risk Analysis

Reciprocity

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. Security risks aren’t the only type of risk that organizations face.

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The evolution of cyber crime

SRM

Sometimes these scams trick individuals into calling premium rate phone lines for interviews, participating in money laundering via work-from-home scams or paying extortionate fees for non-existent background checks, online training, visas or insurance. The post The evolution of cyber crime appeared first on Security Risk Management.

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Internal Controls & Fraud Prevention

Reciprocity

These auditors must know how to assess fraud risk. Leverage ZenRisk to Mitigate Fraud Risk in Your Organization. Reciprocity ZenRisk can improve visibility into your risk environment. Workflow management features offer easy tracking, automated reminders, and audit trails.

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