MHA Consulting

FEBRUARY 9, 2023

There are four main strategies for mitigating risk : · Risk acceptance: Making a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. The Promise and Pitfalls of Insurance Insurance is the most frequently used and easiest method of risk transference.

Insurance 98

Insurance Insurance Outsourcing Mitigation 98

LogisManager

OCTOBER 17, 2024

Change Healthcare, a leading provider of data analytics, revenue cycle management, and payment solutions, found itself vulnerable due to flaws in its data management practices. The breach cascaded across Change Healthcare’s partners, including healthcare providers, insurers, and pharmaceutical companies.

Risk Management 52

Risk Management Healthcare Management Audit 52

Solutions Review

DECEMBER 12, 2024

MSPs without a thorough understanding of legal obligations may find themselves vulnerable to lawsuits and significant financial losses, emphasizing the need for legal expertise in their operations. The FTC and CFPB will become less activist, and state Attorneys General will become more active.

Vulnerability 52

Vulnerability Cybersecurity Malware Audit 52

Pure Storage

SEPTEMBER 16, 2021

In this article I’ll start with the before of an attack and discuss what you should do and have in place to ensure you’re closing the gaps that create vulnerabilities and in-roads for attackers. They will learn if you have cybersecurity insurance, where from, and how much it’s for. Other Vulnerabilities to Note.

Security 98

Security Vulnerability Malware Authentication 98

Pure Storage

MARCH 21, 2022

Their skills should include vulnerability diagnostics, digital forensics, the ability to analyze memory dumps and malware, and the ability to use analysis tools to perform a correlation analysis of security events. Collecting and analyzing evidence of malicious network activity. Retrieving lost data from physical and virtual devices.

Emergency Response 105

Emergency Response Emergency Response Backup Outsourcing 105

MHA Consulting

MARCH 2, 2023

Residual Risk There are two main kinds of risk when it comes to organizational activities and business continuity: inherent risk and residual risk. Inherent risk is the danger intrinsic to any business activity or operation. Residual risk is the amount of risk that remains in an activity after mitigation controls are applied.

Mitigation 95

Mitigation BCM Acceptable Risk Risk Management 95

Pure Storage

MARCH 29, 2024

Here are a few best practices to consider when implementing a strong data protection strategy: Implement an Active Threat and Vulnerability Management Program Before an attack , the adversaries are doing their homework: learning about your organization to understand the size and scope of their opportunity.

Backup 96

Backup Cybersecurity Architecture Resilience 96

Pure Storage

AUGUST 22, 2022

The malware infects or deletes Active Directory. . Active Directory (AD) is a top target for attackers because it forms the foundation of most organizations’ accounts and data assets. There are many options out there today and it’s important to vet your choice, have it on retainer, and validate it with your insurance company.

Malware 122

Malware Backup Architecture Resilience 122

Pure Storage

AUGUST 2, 2021

Do we have a vulnerability and patch management program? Installing software patches and updating systems to eliminate vulnerabilities are the low-hanging fruit of security tasks. The planning should also include critical infrastructure such as Active Directory and DNS. How do we measure its effectiveness? .

Benchmark 97

Benchmark Cybersecurity Application Vulnerability 97

OffsiteDataSync

SEPTEMBER 27, 2021

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.

Entertainment 52

Entertainment Malware Disaster Recovery Insurance 52

Reciprocity

MARCH 3, 2025

Manual vendor management creates critical vulnerabilities through fragmented documentation and inconsistent security assessments. This includes regular security assessments, vulnerability scanning every six months, and annual penetration testing. Legal expenses from patient lawsuits and class-action litigation can persist for years.

Healthcare 52

Healthcare Management Risk Management Audit 52

Reciprocity

SEPTEMBER 30, 2022

And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety. Vendor Due Diligence.

Healthcare 52

Healthcare Management Vulnerability Risk Management 52

Pure Storage

DECEMBER 6, 2021

The planning should also include critical infrastructures such as Active Directory and DNS. Continue forensics efforts and work in tandem with the proper authorities, your cyber insurance provider, and any regulatory agencies. If your service providers say they have remedied vulnerabilities, ask for verification this has occurred. .

Insurance 72

Insurance Insurance Authorization Malware 72

Assurance IT

JUNE 3, 2021

This term, AI Fuzzing is a tool that integrates AI with regular fuzzing techniques which capture software vulnerabilities. Although, this can help your enterprise, fix and capture dangerous vulnerabilities, cybercriminals can use this to start and automate zero-day attacks. These are purchase histories or internet activity.

Vulnerability 52

Vulnerability Disaster Recovery Insurance Insurance 52

Solutions Review

SEPTEMBER 14, 2021

Description: Throughout this course, we will discuss what comprises Risk (assets, threats, and vulnerabilities), providing numerous real-world examples along the way. We will also cover Qualitative and Quantitative Risk Measurements, showing how you can calculate the risk of an uncertainty due to vulnerabilities and threats.

Risk Management 98

Risk Management Management Government Vulnerability 98

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

SEPTEMBER 9, 2021

Description: Archer IT & Security Risk Management enables users to document and report on IT risks and controls, security vulnerabilities, audit findings, regulatory obligations, and issues across their technology infrastructure. Platform: Archer IT & Security Risk Management. Platform: Onspring Enterprise Risk Management.

Risk Management 98

Risk Management Management Audit Hospitality 98

LogisManager

MAY 9, 2023

For instance, banks and insurance carriers with robust ERM programs realize that investment research consultants and credit rating agencies, although they may have a relatively small spend, can have a significant impact on their investment portfolios if conflicts of interest, bias, or fraud go undetected.

Banking 98

Banking Risk Management Management Corporate Governance 98

Stratogrid Advisory

JANUARY 6, 2019

Insurance companies assess risks to determine the insurance premiums they will charge. The Risk Assessment will increase your organization’s awareness of threats and vulnerabilities, which will let your management make better decisions. Should you spend time and effort to complete this activity?

Impact Analysis 52

Impact Analysis BCM Continuity Planning BCP 52

Stratogrid Advisory

JANUARY 6, 2019

Insurance companies assess risks to determine the insurance premiums they will charge. The Risk Assessment will increase your organization’s awareness of threats and vulnerabilities, which will let your management make better decisions. Should you spend time and effort to complete this activity? We all assess risks.

Impact Analysis 52

Impact Analysis BCM Continuity Planning BCP 52

Solutions Review

MARCH 31, 2023

Any data that has been identified as valuable and essential to the organization should also be protected with proactive security measures such as Cyberstorage that can actively defend both primary and backup copies from theft.” However, backups fail to provide protection from data theft with no chance of recovery.

Backup 119

Backup Disaster Recovery Application Outage 119

LogisManager

OCTOBER 12, 2021

However, risk management is an umbrella term that accounts for a number of more granular activities. Let’s examine risk management as the sum of the following parts: Enterprise Risk Management (ERM) : Effectively assessing , mitigating and monitoring activities as you uncover critical risks across your entire enterprise.

Risk Management 52

Risk Management Management Insurance Insurance 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 BCM 52

FS-ISAC

NOVEMBER 8, 2021

To fill the bucket, we must shift our mindset away from inch-deep, mile-wide program sweeps and instead focus on laser-targeted specific attack scenarios that are supported by active threat intelligence. To avoid becoming a headline tomorrow, we must practice adversarial risk management. What is Your Adversary's Goal?

Risk Management 59

Risk Management Management Audit Asset Management 59

Solutions Review

JANUARY 25, 2023

This chain of activities results in an increasingly complex, geographically vast, and multi-tiered supply network. There will be edge M&A activity as the technology matures and presents a credible alternative to hyperscale clouds. On top of that, these suppliers themselves outsource their material to second-tier suppliers.

Backup 116

Backup Government Application Security 116

Pure Storage

JULY 12, 2021

patient records, student records, and information about active law enforcement cases), and they know where to post it to do the most damage. . If hackers take out your organization’s active directory, DNS, or other core services, or lock you out of your infrastructure entirely, you’re at their mercy without available recovery points.

Backup 69

Backup Outage Authentication Architecture 69

Plan B Consulting

JUNE 12, 2023

Over the last few days, there have also been news reports of a vulnerability found in MOVEit – the managed file transfer software. A data risk assessment is one of the activities which can be done now, to save you hours and days of time that you don’t have during a response.

Vulnerability 52

Vulnerability Insurance Insurance Crisis Management 52

Reciprocity

APRIL 4, 2022

More specifically, within digital risk management are the active measures that businesses can take to protect their assets: digital risk protection. DRP is the active piece of the cybersecurity puzzle, and is an imperative for every organization. Vulnerabilities. What is Digital Risk Protection? Data loss or leaks.

Mitigation 52

Mitigation Malware Cybersecurity Media 52

Plan B Consulting

MAY 16, 2023

Added to this the constant environmental issues and suppliers collapses it is clear that supply chain vulnerability has rarely been seen as such a threat. Such disruptions can have a devastating impact on an organisation, and this shows how vital it is for organisations to be agile and adaptive.

Fashion 52

Fashion Business Continuity Insurance Insurance 52

Solutions Review

MARCH 31, 2022

Here are a few best practices to consider when implementing a strong data protection strategy: Implement an Active Threat and Vulnerability Management Program. Before an attack, the adversaries are doing their homework: learning about your organization to understand the size and scope of their opportunity.

Backup 52

Backup Cybersecurity Architecture Resilience 52

Reciprocity

AUGUST 18, 2022

Passing or sharing the risk via insurance, joint venture, or another arrangement. Operationally Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE), developed by Carnegie Mellon University, provides a self-directed methodology customizable to your organization’s size. Prevention or termination of a risk.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

MARCH 28, 2022

The reactions to risk include: Acceptance or toleration of a risk; Prevention or termination of a risk; Passing or sharing the risk via insurance, joint venture, or another arrangement; Mitigating or reducing the risk by internal control procedures or other risk-prevention measures. Step 2: Assess the Risks.

Risk Management 52

Risk Management Management Mitigation All-Hazards 52

Security Industry Association

SEPTEMBER 20, 2022

Cyber risk management is complex for a number of reasons: the ability of malicious actors to operate from anywhere in the world, the linkages between cyber and physical systems, and the difficulty of reducing vulnerabilities in cyber infrastructure are just a few.

Cybersecurity 52

Cybersecurity Telecommunications Authentication Government 52

Solutions Review

JUNE 16, 2023

If the past year has taught us anything, it’s that anyone can be vulnerable to attacks in the cloud without proper protection—from the largest organization to the smallest startup. While business continuity is about emergency preparedness, data resiliency is an ongoing, 24/7 activity.

Resilience 52

Resilience Backup Architecture Cybersecurity 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. So compliance risk management requires a complex web of compliance activities (from change management to compliance monitoring, and much more) to assure that all enterprise business units conform to applicable laws. The compliance program ties together several components of compliance activities.

Management 52

Management Audit Banking Media 52

Disaster Recovery

JULY 12, 2019

Response measures are effective when activated and executed promptly and without delay. Purchase insurance for your property, including coverage that protects against flood damage. Assess your residence for damage, safety concerns and vulnerabilities. Claim insurance for damage to your residence. Pre-Storm Preparation.

All-Hazards 40

All-Hazards Apparel Transportation Accreditation 40

BMC

DECEMBER 23, 2024

While traditional industries such as banking, insurance, healthcare, and telecoms have borne the brunt of regulation in the past, todays digital age is fueling a risk in regulation that touches all entities, large or small. Streamlining GRC Activities Monitoring compliance, risks, and governance can be automated to reduce manual work.

Government 52

Government Audit Outsourcing Technology 52