Remove 2020 Remove Insurance Remove Outsourcing
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5 Ways to Minimize the Cost of a Ransomware Attack 

Pure Storage

In 2020, the average ransomware payment was $312,493 —a 171% year-over-year increase. There are outsourced IT and cybersecurity that may need to be deployed. Increased insurance premiums (or possible cancellation). Confirm what your cyber insurance covers—and what it doesn’t. Now you’re looking at more like $1.85

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Top reasons why Business Continuity Planning is ignored!

Stratogrid Advisory

Last Updated on May 31, 2020 by Alex Jankovic. We have business interruption insurance. The business interruption insurance will cover actual business loses and expenses associated with the restoration of business services. Business insurance is not a business continuity strategy. Copyright 2020 StratoGrid Inc.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Your customer may be subject to third-party outsourcing requirements by their own regulators , like the European Banking Authority’s Outsourcing Requirements , and they may ask to sign an addendum . Ability to Procure Cyber Insurance.

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Tips for Managing Third-Party Risk in Health Care

Reciprocity

Data breaches against healthcare organizations affected more than 1 million people in 2020. One such attempt by defenders is the Health Insurance Portability and Accountability Act (HIPAA) , a law formulated to help protect patient data and secure healthcare organizations. million ) than any other sector.

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Business Continuity Planning for Small & Medium-Sized Organizations

Stratogrid Advisory

Business Continuity Planning for Small and Medium-Sized Organizations Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Readers note: Please check our recently published high-level Business Continuity Planning guide. Copyright 2020 StratoGrid Inc. Many of the organizations of this size (e.g.

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Business Continuity Planning for Small & Medium-Sized Organizations

Stratogrid Advisory

Last Updated on May 31, 2020 by Alex Jankovic. non-profits, law or accounting firms, insurance firms/brokers, professional service firms, architecture firms, etc.) Copyright 2020 StratoGrid Inc. Business Continuity Planning for Small and Medium-Sized Organizations. Reading Time: 4 minutes. A false sense of security. Linkedin.

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Capita Hack: A Case Study of What Not To Do …

Plan B Consulting

About Capita Capita is a large outsourcing company based in the United Kingdom. The company specialises in providing business process outsourcing, professional support services, and technology-enabled solutions, to both public and private sector organisations. It might also deter organisations from using their cyber services.