This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
StrategicRiskManagement Last Updated: December 19, 2023StrategicRiskManagement (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. What Is StrategicRiskManagement?
StrategicRiskManagement Last Updated: December 19, 2023StrategicRiskManagement (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. What Is StrategicRiskManagement?
ATLANTA — As RISKWORLD 2023 kicked off on Monday, RIMS 2023 President Jennifer Santiago took the main stage of the Thomas B. Murphy Ballroom in Atlanta’s Georgia World Congrees Center to welcome attendees and help them prepare for three days of riskmanagement education, insight and networking.
Supply chain mapping will grow in importance in 2023 as it also helps in identifying concentration risk or compliance risk, allowing businesses to see the early warning signals, predict potential disruptions, identify supply chain bottlenecks and take proactive measures to mitigate risks, and maintain competitiveness.
According to the National Institute of Standards and Technology (NIST), nearly 43% of cyberattacks in 2023 targeted vulnerabilities within third-party supply chains. Organizations must take a proactive approach to supply chain riskmanagement, ensuring they have redundancy plans in place.
ZenGRC transforms your GDPR compliance from a resource-draining burden into a streamlined, automated program that protects your organization while freeing your team to focus on strategic initiatives. In May of 2023, Meta was hit with a record-breaking GDPR fine of 1.2 data transfers.
The Importance of Risk Analytics Last Updated: December 5, 2023 The Importance of Risk Assessment and Management In the dynamic landscape of business, the importance of risk assessment and management cannot be overstated. The interconnected nature of risks is known as risk ripple.
It became effective and enforceable on January 1, 2023. These amendments, known as the California Privacy Rights Act (CPRA) or Proposition 24, became effective on January 1, 2023, and are enforceable as of July 1, 2023. It became effective and enforceable on July 1, 2023.
In 2023, we will continue to see more non-financial services companies adopt operational resilience concepts and frameworks. Breaking Down Silos A theme from the past year that we expect to continue in 2023 is organizations increasing efforts to align disparate programs, teams, data, and metrics.
Weren’t able to join one of our March 2023 sessions? Third-Party RiskManagement Understanding which third parties play a critical role in your ability to deliver products or services is crucial so that you can prioritize efforts and mitigate issues as they arise. Not a problem – we’ve got you covered!
The Security Industry Association (SIA) has named 14 young security professionals as the recipients of the 2023 SIA RISE Scholarship , a program offered through SIA’s RISE community , which supports the education and career development goals of young industry talent. SILVER SPRING, Md. –
Episode 127: Strategic Communication Methods for DE & I This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. Business continuity professionals need to focus on strategic communication and how corporations take responsibility for their actions. Request a demo at [link] today!
Organizations must take a holistic approach to securityintegrating cybersecurity, physical security, and crisis management into one cohesive strategy. According to IBMs 2023 Cost of a Data Breach Report, the average data breach costs companies $4.45 The best approach is to align security investments with business goals.
Episode 127: Strategic Communication Methods for DE & I This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. Business continuity professionals need to focus on strategic communication and how corporations take responsibility for their actions.
. – The Security Industry Association (SIA) has named two recipients for the 2023 Denis R. Hébert Identity Management Scholarship , a program offering $5,000 scholarships for young professional SIA members to help further their education in the field of identity management. Hébert Identity Management Scholarship!
. – The Security Industry Association (SIA) and ISC West have released the initial details for the SIA New Products and Solutions (NPS) Awards at ISC West 2023, including the awards submission and presentation schedule. ISC West is scheduled for March 28-31, 2023, at the Venetian Expo in Las Vegas, Nevada.
It involves aligning security initiatives with business objectives, managingrisk, and ensuring that security is embedded into the organization’s culture. In fact, Verizon’s 2023 Data Breach Investigations Report found that 74% of breaches involved human error or insider threats.
By Eric Boger, VP Risk Intelligence As we approach the end of 2023, it’s vital to reflect on the transformative year in the field of critical event management. This strategic move aimed to safeguard both online and offline assets effectively.
Episode 127: Strategic Communication Methods for DE & I This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. Business continuity professionals need to focus on strategic communication and how corporations take responsibility for their actions.
The Importance of Risk Analytics Last Updated: December 5, 2023 The Importance of Risk Assessment and Management In the dynamic landscape of business, the importance of risk assessment and management cannot be overstated. The interconnected nature of risks is known as risk ripple.
It became effective and enforceable on January 1, 2023. These amendments, known as the California Privacy Rights Act (CPRA) or Proposition 24, became effective on January 1, 2023, and are enforceable as of July 1, 2023. It became effective and enforceable on July 1, 2023.
ISC West 2023 is coming up March 28-31 in Las Vegas, and the Security Industry Association (SIA) and ISC West recently revealed full conference details for the SIA Education@ISC West program , including keynote presentations from top luminaries and 65+ sessions on the most current business trends, technologies and industry developments.
Customer Value Story: Streamlining Audit Management Last Updated: October 16, 2023 A LogicManager customer in the banking industry, despite a small auditing team, faced challenges managing audit tasks efficiently using spreadsheets. Improve the efficiency and effectiveness of your audit management program.
Customer Value Story: Streamlining Audit Management Last Updated: October 16, 2023 A LogicManager customer in the banking industry, despite a small auditing team, faced challenges managing audit tasks efficiently using spreadsheets. Improve the efficiency and effectiveness of your audit management program.
Speaking proposals are being accepted for the SIA Education@ISC conference programs at ISC East 2023 (Nov. ISC East 2023 will take place Nov. Following a year of record attendance for SIA Education@ISC West, we are excited to announce our Call for Proposals for ISC East 2023 and ISC West 2024. SILVER SPRING, Md. –
In an era of constant change, the risks and threats to global organizations never sleep. Today’s practitioners recognize that they need dynamic riskmanagement , operational resilience, and business continuity (BC) programs – and they need to be agile in implementing them.
At Compass 2023 , Fusion customers as well as presenters from our strategic partner, PwC , shared firsthand experiences in a panel session on geopolitics, regulations, and resilience. The foundation of riskmanagement Truly resilient programs are built on the foundations of your riskmanagement and business continuity strategies.
The race is now on to strategically integrate generative AI and other AI tools in ways that allow businesses to keep up with and ideally outpace their competition. Operations Another major area where AI can exert strategic leverage is operations. 2023, October 2). CONTACT US References: SMB Group. 2024, January 4).
The race is now on to strategically integrate generative AI and other AI tools in ways that allow businesses to keep up with and ideally outpace their competition. Operations Another major area where AI can exert strategic leverage is operations. 2023, October 2). CONTACT US References: SMB Group. 2024, January 4).
Respond You will also need to have a strategic incident management process in place. Just like with threat detection, you’ll need to regularly test your incident management processes not only to ensure that your personnel are always prepared but also to identify any gaps or opportunities for improvement.
Gartner touched on this recently when it released its Top Eight Cybersecurity Predictions for 2022-2023 , noting that “by 2025, 70% of CEOs will mandate a culture of organizational resilience to survive coinciding threats from cybercrime, severe weather events, civil unrest, and political instabilities.”.
For example, a treasury bond you bought in 2020 with a very low interest rate is worth less in 2023, since new bonds now carry higher interest rates. Country risk Country risk is defined by the economy of wherever you are making investments and the economic or political stability of that country.
The worst case scenario: You may find you have insufficient kilowatt-hours (kWh) available to support strategic new AI projects. Reducing Data Under Management Deleting redundant, obsolete, or unnecessary data may lower your maintenance and management costs. And having less data could help you put off buying new hardware.
Recognizing a lifetime of outstanding service and achievement in the risk profession, the society’s top honor, the Harry and Dorothy Goodell Award, was presented to Joan Schmit, distinguished chair of riskmanagement and insurance at the University of Wisconsin-Madison. but remains a leader with the RIMS Chicago Chapter.
This task has become increasingly complex in a landscape marked by sophisticated cyber threats—a fact underscored by a 2023 independent survey which revealed a significant rise in ransom payments, with the average amount paid soaring from $812,380 in 2022 to $1,542,333 in 2023. government contractors. Although a draft Version 2.0
This task has become increasingly complex in a landscape marked by sophisticated cyber threats—a fact underscored by a 2023 independent survey which revealed a significant rise in ransom payments, with the average amount paid soaring from $812,380 in 2022 to $1,542,333 in 2023. government contractors. Although a draft Version 2.0
In 2023 especially, the introduction of Generative AI technologies like ChatGPT has been a game changer for cybercriminals, particularly in relation to cyberattacks launched through common messaging apps including email and SMS text messaging. In 2023, the global average cost of a data breach was $4.45 While the U.S.
In 2023 especially, the introduction of Generative AI technologies like ChatGPT has been a game changer for cybercriminals, particularly in relation to cyberattacks launched through common messaging apps including email and SMS text messaging. In 2023, the global average cost of a data breach was $4.45 While the U.S.
In 2023 especially, the introduction of Generative AI technologies like ChatGPT has been a game changer for cybercriminals, particularly in relation to cyberattacks launched through common messaging apps including email and SMS text messaging. In 2023, the global average cost of a data breach was $4.45 While the U.S.
This was a ~14 percent increase in compromises compared to the same period in 2023, a year which set the record for data events reported in a single year (3,203). Cybersecurity Expert & Solutions Engineer, Sebastian Hufnagel, Senior Public Policy Manager, and Justyna Kucharczak, Product and Solutions Marketing at Cloudflare.
We organize all of the trending information in your field so you don't have to. Join 25,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content