NexusTek

DECEMBER 7, 2022

A careful self-audit is likely to reveal that your company is paying for cloud-based and/or desktop software licenses that are not being used by your employees. Prev Previous Cybersecurity Isn’t Enough — Become a Cyber Resilient Organization. A big one to look for in this category is unused software licenses that you can eliminate.

Technology 98

Technology Cloud Computing Outsourcing Cyber Resilience 98

Reciprocity

APRIL 4, 2022

Security risk assessments are essential not just for cybersecurity but also for regulatory compliance. Audit risk. Information security and cybersecurity risks often bubble to the top in a world connected with technology, uut you would be remiss if you only focused on technology-related risks. Credit risk. Compliance risk.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Solutions Review

MARCH 31, 2025

Companies are more likely to experience a cybersecurity incident if they cant see where their data resides. Data backups also protect against cybersecurity threats: Bad actors can take over a recent backup and encrypt your files, demanding ransom. Shadow IT and shadow AI remain a major source of headaches for IT teams.

Backup 59

Backup Resilience Cyber Resilience Vulnerability 59

Reciprocity

OCTOBER 7, 2024

Toyota, a leading global auto manufacturing company, experienced a third-party data breach in 2022. As a result, the company had to close its manufacturing plant in Japan temporarily to safeguard its data. Look for indicators of compromise and how well the vendor assesses cybersecurity risk.

Audit 52

Audit Cybersecurity Evaluation Risk Management 52

Reciprocity

DECEMBER 27, 2022

This allows you to strengthen cybersecurity, reduce uncertainty, cut costs, and improve business decision-making. Risk management refers to a holistic framework that allows the organization to identify, assess, control, and minimize all its risks: financial, reputational, regulatory, strategic, operational, transactional, and cybersecurity.

Government 52

Government Audit Risk Management Disaster Recovery 52

Reciprocity

MARCH 24, 2022

Such risks could affect your business’ cybersecurity, regulatory compliance, business continuity, and organizational reputation. It encompasses controls for cybersecurity, information technology, data security, and business resiliency. Cybersecurity. Cybersecurity risk is one of the biggest concerns with third parties.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Reciprocity

SEPTEMBER 30, 2022

Such valuable data creates immense cybersecurity risks in healthcare. The pain is felt by the healthcare organization when a vendor has an outage because of ransomware or another cybersecurity intrusion. Despite HIPAA regulations, cybersecurity attacks and data breaches targeting healthcare remain a severe and increasing threat.

Healthcare 52

Healthcare Management Vulnerability Risk Management 52

Reciprocity

NOVEMBER 5, 2021

There are many different types of risks, such as operational risks, financial risks, or strategic risks; as well as others including reputational, regulatory, or cybersecurity risk. Not only can an integrated risk management program save you money by avoiding business disruptions; it can also help your accounting team come audit time.

Risk Management 52

Risk Management Management Audit Strategic 52

Reciprocity

APRIL 4, 2022

So it is for houses and buildings – and the same principle is just as true for cybersecurity. Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. DRP is the active piece of the cybersecurity puzzle, and is an imperative for every organization. What is Digital Risk Protection?

Mitigation 52

Mitigation Malware Cybersecurity Media 52

Reciprocity

AUGUST 24, 2022

For example, retail is now “e-tail,” manufacturing plants are increasingly automated, and nearly every step of the hiring and contracting process happens online, from application to background checks to payroll. The advent of the digital age is partly to blame. Rasmussen sees the GRC development timeline as follows: GRC 1.0

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

DECEMBER 19, 2022

When your business does commit misconduct or suffers some unfortunate incident (say, a cybersecurity breach), regulators will examine your compliance program to see whether the business was making a good-faith effort to avoid those events. Set up a mechanism for monitoring and auditing. Elements of a Strong Compliance Program.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

NexusTek

DECEMBER 7, 2022

A careful self-audit is likely to reveal that your company is paying for cloud-based and/or desktop software licenses that are not being used by your employees. One study found that, on average, about a third of a companys software spend is ultimately wasted 2. State of ITAM report. link] (2022, June 28). Q&A with Robert Naegle.

Technology 52

Technology Cloud Computing Outsourcing Cyber Resilience 52

Reciprocity

AUGUST 15, 2022

But as more companies use technology across all parts of the enterprise and more compliance requirements focus on cybersecurity, IT security is becoming an increasingly central part of the CMS. Regular audits of the compliance program. Compliance Audit. Surveillance and Audits. So how does a modern CMS program operate?

Management 52

Management Audit Banking Media 52

Reciprocity

AUGUST 24, 2022

As you bring new vendors into your organization’s orbit, you will need assurance that those third parties continuously comply with the cybersecurity controls outlined in the service level agreements you’ve established. Cybersecurity. Begin by determining your organization’s tolerance for cybersecurity risk.

Management 52

Management Risk Management Cybersecurity Strategic 52

LogisManager

JANUARY 14, 2025

Risk managers, in particular, can use these tools to proactively spot legal issues, ensure everything is audit-ready, and address risks before they escalate. Risk managers must prioritize strong cybersecurity measures. Centralizing storage and providing real-time analytics for key metrics. The average cost of a data breach is $4.88

Management 52

Management Risk Management Audit Manufacturing 52

Reciprocity

MARCH 28, 2022

Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.

Risk Management 52

Risk Management Management Mitigation All-Hazards 52

Reciprocity

AUGUST 17, 2022

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Cybersecurity events, such as data breaches.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

AUGUST 18, 2022

Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters. Workflow management features offer easy tracking, automated reminders, and audit trails.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Security Industry Association

APRIL 7, 2022

Network safety threats disproportionately affect health care institutions and patient data, so a focus on boosting cybersecurity is vital. Manufacturers are being driven to provide solutions that make it effortless for security directors to manage access quickly and efficiently in an emergency. Lockdown Functionality.

Hospitality 52

Hospitality Security Technology Alert 52

Solutions Review

DECEMBER 7, 2023

Data Protection Predictions from Experts for 2024 Bobby Cornwell, Vice President Strategic Partner Enablement & Integration at SonicWall Expect to See New Regulations for Reporting Breaches “In 2024, incoming cybersecurity regulations will force businesses to be more transparent about their breaches and attacks.

High Availability 59

High Availability Disaster Recovery Application Activation 59

Solutions Review

JANUARY 28, 2025

In a continuously evolving cybersecurity landscape shaped by advancements in AI and emerging regulatory shifts, its critical for businesses to stay ahead of these changes to protect organizational and personal data. ” Greg Clark, OpenText Cybersecurity “From the U.S. Another important topic is privacy awareness.

Vulnerability 99

Vulnerability Healthcare Cybersecurity Security 99

Solutions Review

JANUARY 30, 2025

In a continuously evolving cybersecurity landscape shaped by advancements in AI and emerging regulatory shifts, its critical for businesses to stay ahead of these changes to protect organizational and personal data. ” Greg Clark, OpenText Cybersecurity “From the U.S. Another important topic is privacy awareness.

Vulnerability 52

Vulnerability Cybersecurity Healthcare Security 52