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CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity

IT Governance BC

According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. As a direct result of that blockage, oil couldn’t reach its destination, manufacturers couldn’t get crucial parts, and so on. Then there’s insurance. of its share price.

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5 Best Practices for Effective Claims Reviews

Risk Management Monitor

With the cost of insurance for businesses rising across many types of coverage, staying on top of trends in the claims portfolio is more important than ever. For this reason, many insurers and TPAs promise to conduct claims reviews with their business customers on a regular basis, but the rigor can vary greatly.

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Increased Resilience – The Missing Strategy

Plan B Consulting

Diverse Sites – the activity is carried out at two sites 2. Subcontract – this is where the activity affected by the incident, is carried out by a third party 5. Insurance – using insurance to cover any losses 6. Insuring any network connectivity or utilities into site are duelled 6. These are: 1.

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Increased Resilience – The Missing Strategy

Plan B Consulting

Diverse Sites – the activity is carried out at two sites. Subcontract – this is where the activity affected by the incident, is carried out by a third party. Insurance – using insurance to cover any losses. Insuring any network connectivity or utilities into site are duelled. These are: 1.

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Ransomware is on the rise, and no industry is safe

OffsiteDataSync

According to Nuspire’s 2021 Q2 Quarterly Threat Landscape Report , the second quarter saw a 55.240% increase in ransomware activity with the attacks becoming “more common and more damaging”. The report is sourced from 90 billion traffic logs to outline new cyber criminal activity, tactics, techniques, and procedures.

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What to do to your business before and after winter weather strikes

Disaster Safety

Activate your business continuity plan. Portable generators should never be run unattended and should be checked periodically (review manufacturer recommendations). Designate times for key staff members to call into conference calls for situation overviews. After a winter event. Vintage color tone style. Ensure everyone is safe.

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Getting Started with Enterprise Risk Management

MHA Consulting

Enterprise Risk Management is the activity of identifying and mitigating the hazards that threaten an organization (definition from Strong Language: The MHA Glossary of Essential Business Continuity Terminology , available for free download with registration). ERM is all about reducing. ERM also increases a few things.