LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. Risks for all business scandals, like the one at Colonial Pipeline, are always known months in advance, making the consequences preventable. With strong Enterprise Risk Management (ERM), nearly 100% of all liabilities can be avoided.

Risk Management 64

Risk Management Management Authentication Hospitality 64

MHA Consulting

FEBRUARY 9, 2023

Try a Dose of Risk Management Wise organizations determine how much risk they will accept then make conscious efforts to bring their risk down below that threshold. Risk avoidance: Altering organizational behavior to eliminate a given risk. Insurance policies come wrapped in caveats and conditions.

Insurance 87

Insurance Insurance Outsourcing Mitigation 87

SRM

JULY 3, 2018

also brings an increased level of vulnerability. with increased opportunity comes increased vulnerability appeared first on Security Risk Management. This new era of technological revolution presents unprecedented opportunities for innovation, diversification, agility and cost optimisation. There are four key areas: 1.

Vulnerability 52

Vulnerability Cyber Resilience Disaster Recovery BCM 52

NexusTek

OCTOBER 25, 2023

Penetration testing: This is an authorized, simulated attack on a company’s IT systems, which helps it to identify existing vulnerabilities. Patch management: This practice ensures that any identified vulnerabilities in software are addressed in a timely manner.

Cybersecurity 85

Cybersecurity Evaluation Vulnerability Risk Management 85

MHA Consulting

APRIL 20, 2023

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?

Resilience 52

Resilience Risk Management Mitigation BCM 52

Pure Storage

MAY 13, 2024

To help, a new class of tools has appeared on the market: Third-party cybersecurity risk management (TPCRM) platforms can help manage both assessment and ongoing monitoring. Shift left encourages teams to find vulnerabilities earlier and fix defects.

Audit 52

Audit Banking Benchmark Application 52

MHA Consulting

MARCH 2, 2023

A related but higher level concept is that of risk mitigation strategies. There are four main risk mitigation strategies: Risk acceptance. A strategy involving a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. Risk avoidance. Risk limitation.

Mitigation 75

Mitigation BCM Acceptable Risk Risk Management 75

Pure Storage

MARCH 25, 2024

CISA is a part of the Department of Homeland Security and has responsibilities that include risk assessment, vulnerability reduction, threat detection, incident response, and the coordination of recovery efforts with other federal agencies, state and local government, and the private sector. link] ²“ U.S.

Financial Services 59

Financial Services Resilience Banking Risk Management 59

Plan B Consulting

MAY 16, 2023

There can be no escaping such supply chain risks over the past few years from Brexit to Covid, and onto the War in Ukraine and the associated cyber-attacks, to the cost -of-living crisis engulfing the UK and beyond. What can organisations do to attempt to protect themselves from such risks?

Fashion 52

Fashion Business Continuity Risk Management Insurance 52

Reciprocity

APRIL 4, 2022

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. To combat those threats, businesses need to develop digital risk management. We can define that as the processes used to assess, monitor, and treat the risks that arise from the digital business processes that are so common today.

Mitigation 52

Mitigation Cybersecurity Malware Media 52

everbridge

AUGUST 4, 2023

What are the ways in which you meet specific requirements for protecting business travelers, including security training and preparation, kidnap and ransom insurance, and evacuation protocols? Can you discuss the challenges associated with travel risk management for the executive traveler demographic?

Travel 52

Travel Command Center All-Hazards Fashion 52

Solutions Review

APRIL 21, 2022

In this case, visibility is key to prevention, so consider using a vulnerability assessment tool that can help you understand exposure, identify vulnerabilities and prioritize action. USB flash drives are absolutely everywhere, and they are admittedly very convenient – but they also carry huge data security risks.

Media 40

Media Cybersecurity Retail Vulnerability 40

FS-ISAC

MAY 25, 2021

At Banco de Credito de Peru, the largest bank in the country, we consider all non-financial risks together, as they are interrelated and require the same governance processes. Several of the key “motors” of our transformation are drivers that impact non-financial risk: organization, data analytics, and digital channels.

Banking 52

Banking Cybersecurity Mitigation Risk Management 52

FS-ISAC

NOVEMBER 8, 2021

We chase concepts that seem simple, such as "basic" network hygiene, asset management, and patching. But these approaches rely on tenets based on traditional operational and financial risk management. While “close enough” works in asset management for financial inventory, it can quickly prove useless in cybersecurity.

Risk Management 59

Risk Management Management Audit Asset Management 59

SRM

JUNE 21, 2019

A recent example of this was the spyware injected into a vulnerability within WhatsApp. One particularly ingenious type of phishing attack first appeared in 2017 but is still being used because it preys successfully on the unsuspecting and (potentially) vulnerable. So how can we defend ourselves from these ever evolving threats?

Vulnerability 52

Vulnerability Banking Insurance Insurance 52

Risk Management Monitor

JANUARY 27, 2022

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. As a result, it is more important than ever for companies to understand their cyber vulnerabilities and exposures so they can ensure they are properly covered. One way to do this is through analytics.

Insurance 66

Insurance Insurance Cybersecurity Vulnerability 66

Risk Management Monitor

SEPTEMBER 1, 2022

In the age of COVID-19, businesses are more vulnerable than ever. Cybersecurity should be a top priority for organizations today, especially as employees continue to work remotely without business-grade protections. Whether it is phishing scams or malware, hackers are constantly finding new ways to attack businesses.

Cybersecurity 58

Cybersecurity Threat Monitoring Malware Security 58

BCP Builder

APRIL 20, 2020

This means that management will need to address what their new business model will be. Business Continuity and Risk Management will hopefully be given the respect it deserves. I think that Business Continuity Certification will be made mandatory by Insurance Companies and Banks. 2) what action to take if staff are sick.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

BCP Builder

APRIL 20, 2020

This means that management will need to address what their new business model will be. Business Continuity and Risk Management will hopefully be given the respect it deserves. I think that Business Continuity Certification will be made mandatory by Insurance Companies and Banks. Risk Management.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

Reciprocity

DECEMBER 19, 2022

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. When vulnerabilities or violations are discovered through monitoring and audits, make a prompt and consistent effort to address the problem. Take appropriate action.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

SEPTEMBER 30, 2022

Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security. This is why third-party risk management and healthcare data security are critical. What is Healthcare Vendor Risk Management? Notes on Vendor Access et.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

MHA Consulting

MARCH 21, 2024

Healthcare organizations are uniquely vulnerable to hackers and are subject to more than their share of cyberattacks. Ensuring that the needed advance coordination has taken place with relevant teams such as public relations, legal, insurance, and communications. health care system in American history.”

Healthcare 52

Healthcare Hospitality Resilience Insurance 52

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). The advent of the digital age is partly to blame.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

APRIL 4, 2022

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.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. The OCC also cautioned against interest rate risks, operational risks (again, heightened because of COVID-19), increased cybersecurity risks, compliance risks related to the Bank Secrecy Act (BSA), consumer compliance issues, and fair lending as areas of concern.

Management 52

Management Audit Banking Risk Management 52

Reciprocity

DECEMBER 27, 2022

GRC is an integrated approach to managing the organization’s governance, IT and security risks, and regulatory compliance functions. The three pillars of a GRC program are governance, risk management, and compliance. Risk Management. Automate Vendor Risk Management. Governance.

Government 52

Government Audit Risk Management Disaster Recovery 52

Security Industry Association

SEPTEMBER 20, 2022

Last week the Department of Homeland Security (DHS) announced a joint effort between the Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Emergency Management Agency (FEMA) to provide new cybersecurity grants authorized and funded under the Bipartisan Infrastructure Law.

Cybersecurity 52

Cybersecurity Telecommunications Government Authentication 52

Risk Management Monitor

NOVEMBER 9, 2022

Once the property is deemed safe by local officials, specially trained recovery teams in appropriate personal protective equipment can help assess the damage and work with management to implement an action plan to safely get your business back up and running. Preparing for the Future.

All-Hazards 40

All-Hazards Hazard Insurance Insurance 40

everbridge

DECEMBER 19, 2023

Lessons Learned: Exploration of Cybersecurity Vulnerabilities: In 2023, a surge in cyberattacks exposed vulnerabilities across various sectors. These incidents highlighted the vulnerability of such systems to cyber threats, necessitating urgent security enhancements.

Management 59

Management Travel Vulnerability Cybersecurity 59

Solutions Review

DECEMBER 13, 2022

Data bias in machine learning models is one of the hottest topics in the AI industry for good reason; an AI model that rejects loan applications or increases insurance premiums for the wrong reasons will have a very deleterious effect. ” More edge devices mean more vulnerabilities. And there are other concerns.

Backup 98

Backup Application Government Security 98

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Vulnerability Vigilance: Regularly scan your APIs for vulnerabilities and patch them promptly. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more.

Authentication 142

Authentication Security Cybersecurity Government 142

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Vulnerability Vigilance: Regularly scan your APIs for vulnerabilities and patch them promptly. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Solutions Review

JANUARY 28, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Vulnerability Vigilance: Regularly scan your APIs for vulnerabilities and patch them promptly. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more.

Healthcare 52

Healthcare Security Cybersecurity Government 52

Solutions Review

JANUARY 25, 2023

New systems will be a collection of smaller applications working harmoniously for better risk management and future outlook. One way of mitigating today’s vulnerabilities is to provide rigorous identity-based access control. Gone are the days when we implemented large ERP-like systems.

Government 116

Government Backup Application Security 116

Stratogrid Advisory

JUNE 3, 2020

An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. Insurance companies assess risks to determine the insurance premiums they will charge. Investment firms assess risks to determine where and how to invest their client's money.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs. An added benefit to a more resilient organization will be lower insurance rates. 3 – Risk Assessment. Section 3 - Risk Assessment. Risk Methodology. Vendor Risk Management.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52