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What Is Cyber Extortion? Tips for Securing Your Data

Pure Storage

Sextortion scams surged during the COVID-19 pandemic, with attackers sending emails claiming to have hacked webcams or email accounts, demanding Bitcoin to delete the alleged footage. Also, cyber insurance premiums have risen dramatically as insurers face increasing claims, further straining budgets.

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Why A Business Continuity Plan Is Essential To Your Business

everbridge

When any of us own a large purchase or investment, we protect that investment with insurance. Our logic when choosing insurance is that the cost of the insurance is justifiable based on the potential loss we would incur should the worse case scenario happen. Be it a house, car, boat, our health and even our lives.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

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. This is GRC at its finest.

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Helpful tips for New Jersey remote workers to stay HIPAA-compliant

Online Computers

It has always been challenging for companies and individuals to stay compliant with the privacy standards of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). Are you worried your business might fail the next HIPAA audit? That meant addressing the many privacy and security risks in a remote work setup.

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Risk Assessment vs Risk Analysis

Reciprocity

Risk can be affected by numerous external factors, including natural disasters, global pandemics, raw material prices, increased levels of competition, or changes to current government regulations. Audit risk. Workflow management features offer easy tracking, automated reminders, and audit trails. What Is a Risk Assessment?

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What Is Risk Management?

LogisManager

Audit Management: Making sure that every business area within your organization is stacking up and improving accordingly. Internal process, compliance, IT and facility-driven audits are essential to reduce threats and ineffectiveness and keep your business thriving. What is a Risk Management Plan?

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The Colonial Pipeline Hack: Failure in Risk Management

LogisManager

That’s why insurance premiums are increasing exponentially for those organizations that cannot provide evidence of an effective ERM program that has strong controls and a robust Incident Response program. The less prepared you are when responding to an incident, the more likely you’ll be forced into paying ransom.