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Opening the eyes of the machine: Computer vision with AutoML (Part 1)

Advancing Analytics

Auto-insurer Tokio Marine use computer vision system for examining damaged vehicles. In the insurance business, Tokio Marine, a Japanese-based property and casualty insurer use computer vision to analyse and evaluate damaged cars, speeding up the evaluation process. HEalthcare. Source: isurancejournal.com.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

The two fundamental components of ERM are (1) the evaluation of significant risks, followed by (2) application of adequate responses. Passing or sharing the risk via insurance, joint venture, or another arrangement. Any organization can benefit from ISO 31000 regardless of size, activity, or sector.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

The fundamental components of ERM are evaluating significant risks and applying adequate responses. Operationally Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE), developed by the Carnegie Mellon University, provides a self-directed methodology customizable to your organization’s size.

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The Best Risk Management Software to Consider for 2021 and Beyond

Solutions Review

Users are able to evaluate risk based on a methodology of their choice and understand risk relationships across their business processes, controls, and third-party relationships. Additionally, users can utilize continuous control monitoring and self-assessments to report on their risk posture and activity in near real-time.

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What is Vendor Risk Management (VRM)? The Definitive Guide

Reciprocity

Emerging businesses that are just starting or organizations with no established vendor risk management activities. Initial vision and ad hoc activity. The organization is considering how to implement third-party risk activities, or third-party risk management operations are carried out on an as-needed basis.

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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. The average total data breach cost in the same year was far higher in the healthcare industry ( $7.13 As one can see, the healthcare industry is one of the most attractive targets for cyber attackers and data thieves.

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Important KPIs for Successful Vendor Management

Reciprocity

After acceptable risk levels have been established, evaluate vendors’ security performance — and if a vendor’s cybersecurity is too lax for your tastes, require that vendor to make improvements as necessary. The six risks listed below are a good place to start. Cybersecurity. Business Continuity.