Reciprocity

FEBRUARY 4, 2025

This isn’t just about vendor assessments anymore it’s about managing an intricate web of AI-powered tools, remote access points, and digital dependencies that could each represent a potential vulnerability in your security posture. The resource intensity of manual processes creates its own vulnerabilities.

Risk Management 52

Risk Management Vulnerability Strategic Insurance 52

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. Fusion Risk Management. Platform: HighBond.

Risk Management 98

Risk Management Management Audit Hospitality 98

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

APRIL 4, 2022

Audit risk. So would a zero-day attack, in which hackers exploit a previously unknown vulnerability. Instead of using spreadsheets for your risk management strategies, adopt Reciprocity ZenRisk to streamline evidence and audit management for all of your compliance frameworks. Here are some others: Financial risk. Credit risk.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

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. This is GRC at its finest.

Banking 98

Banking Risk Management Management Corporate Governance 98

Security Industry Association

AUGUST 4, 2022

Many schools were designed with smaller buildings arranged in groups, maximizing the shape of the plot of land available to the project, with administration buildings attached to areas of public gathering (gymnasiums, auditoriums and cafeterias) – typically these are the most vulnerable areas.

Activation 98

Activation Security Architecture Mitigation 98

FS-ISAC

NOVEMBER 8, 2021

You can hire a professional audit firm to benchmark the bucket against peer buckets. At a strategic level, Adversarial Risk Management begins not with a study in assets, threat actors, or vulnerabilities, but by studying the objective of your adversary. You can examine the bucket, turn it carefully and closely examine the surface.

Risk Management 59

Risk Management Management Audit Asset Management 59

Pure Storage

MAY 13, 2024

Engage with the reality of the new threat landscape CISOs and their teams clearly have plenty to do, but there’s an essential task to add to the list: instituting new policies and procedures around procurement, auditing, and monitoring of third-party providers. Shift left encourages teams to find vulnerabilities earlier and fix defects.

Audit 52

Audit Banking Benchmark Application 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. Is firewall protection used?

Healthcare 52

Healthcare Management Vulnerability Risk Management 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. Passing or sharing the risk via insurance, joint venture, or another arrangement. Step 2: Assess the Risks.

Risk Management 52

Risk Management Management Mitigation Strategic 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

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. Improving Compliance GRC helps organizations identify areas where they are non-compliant and vulnerable.

Government 52

Government Audit Outsourcing Technology 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. Regular audits of the compliance program. While it’s easy to assume that a CMS focuses on how your financial institution protects customers and avoids money laundering, market transactions are increasingly digital, using technologies vulnerable to unauthorized access. Compliance Audit.

Management 52

Management Audit Banking Media 52

Reciprocity

DECEMBER 27, 2022

It also helps align internal audit, external audit, and compliance functions. In the modern business landscape, organizations in every industry must manage auditing, risk assessments, compliance, vendor assessments, cybersecurity threats, and disaster recovery. Audit management. What Are the Benefits of Using a GRC Tool?

Government 52

Government Audit Risk Management Disaster Recovery 52

LogisManager

OCTOBER 12, 2021

This involves tracking your company’s technological resources, making sure their vulnerabilities are under control and creating policies and procedures that are compliant with today’s evolving regulations. Audit Management: Making sure that every business area within your organization is stacking up and improving accordingly.

Risk Management 52

Risk Management Management Insurance Insurance 52

LogisManager

MAY 20, 2021

For example, a forensic finding made during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. The less prepared you are when responding to an incident, the more likely you’ll be forced into paying ransom.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Solutions Review

MARCH 31, 2023

Also, they can reduce their attack surfaces by establishing policies, technologies and auditing that reduces their data footprint through methodologies like deduplication. Vulnerabilities, outdated environments, shadow IT… will be used to gain initial access in your environment. Our recent report found 41.5

Backup 119

Backup Disaster Recovery Application Outage 119

Pure Storage

MARCH 25, 2024

CISA is a part of the Department of Homeland Security and has responsibilities that include risk assessment, vulnerability reduction, threat detection, incident response, and the coordination of recovery efforts with other federal agencies, state and local government, and the private sector.

Financial Services 59

Financial Services Resilience Banking Risk Management 59

Reciprocity

AUGUST 24, 2022

Organizations typically bought insurance to avoid the losses these risks could cause, thus “transferring” the risk to the insurance company. 2007-2012): Audit management, enterprise, and operational risk management, compliance beyond financial controls, and more. GRC 4.0: (2018-present): Automated GRC.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Business Resilience Decoded

OCTOBER 7, 2021

Small businesses are strongly advised to set up offsite data backups, implement audit logging, purchase cyber insurance, and devise an incident response plan. Cybercriminals are proficient at finding vulnerable companies, even ones with few employees and a low profile. Obscurity does not equal security.

Disaster Recovery 36

Disaster Recovery Sports Media Insurance 36

Business Resilience Decoded

OCTOBER 7, 2021

Small businesses are strongly advised to set up offsite data backups, implement audit logging, purchase cyber insurance, and devise an incident response plan. Cybercriminals are proficient at finding vulnerable companies, even ones with few employees and a low profile. Obscurity does not equal security.

Disaster Recovery 36

Disaster Recovery Sports Media Insurance 36

Business Resilience Decoded

OCTOBER 7, 2021

Small businesses are strongly advised to set up offsite data backups, implement audit logging, purchase cyber insurance, and devise an incident response plan. Cybercriminals are proficient at finding vulnerable companies, even ones with few employees and a low profile. Obscurity does not equal security.

Disaster Recovery 36

Disaster Recovery Sports Media Insurance 36

Reciprocity

DECEMBER 19, 2022

Monitoring often incorporates audit requirements (either external or internal) as part of the regulatory or industry standard. Set up a mechanism for monitoring and auditing. To accomplish this, create a system of internal and external monitoring, including formal audits. Elements of a Strong Compliance Program.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

OCTOBER 7, 2024

For example, your human resource department possibly links to healthcare insurance providers using a web-based application. Strategies for risk mitigation include obtaining self-assessments, site visits, audit reports, and continuous monitoring tools. Trust But Verify Sure, you trust the audit reports of your vendor’s supply.

Cybersecurity 52

Cybersecurity Audit All-Hazards Risk Management 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. This is critical for compliance audits and proving disaster resilience. This threat is lethal to businesses that overlook their data protection strategies.

Resilience 52

Resilience Backup Architecture Cybersecurity 52

Reciprocity

APRIL 4, 2022

Vulnerabilities. Workflow management features offer easy tracking, automated reminders, and audit trails. Data loss or leaks. Found in unauthorized database postings or the dark web, online postings of sensitive data or documents, and data breach attempts or incidents.

Mitigation 52

Mitigation Malware Cybersecurity Media 52

Plan B Consulting

NOVEMBER 1, 2019

For example, do we hold National Insurance Numbers, do we hold credit card numbers or not? For all data you need to understand how it is protected and how vulnerable you are to a cyber breach. What are the categories of the data you hold? How many of each data set do we hold?

Banking 52

Banking Internet Insurance Insurance 52

Plan B Consulting

NOVEMBER 1, 2019

For example, do we hold National Insurance Numbers, do we hold credit card numbers or not? For all data you need to understand how it is protected and how vulnerable you are to a cyber breach. Once you have done the basic inventory, I think there should be a more in-depth evaluation looking at the following: 1.

Banking 52

Banking Internet Insurance Insurance 52

everbridge

DECEMBER 19, 2023

Lessons Learned: Exploration of Cybersecurity Vulnerabilities: In 2023, a surge in cyberattacks exposed vulnerabilities across various sectors. These incidents highlighted the vulnerability of such systems to cyber threats, necessitating urgent security enhancements.

Management 59

Management Travel Vulnerability Cybersecurity 59

Solutions Review

JANUARY 25, 2023

One way of mitigating today’s vulnerabilities is to provide rigorous identity-based access control. Unfortunately, both external and internal bad actors are now exploiting VPN’s inherent vulnerabilities. Ransomware now simply searches for that one crack, that one vulnerability, that will allow it entry to your network.

Backup 116

Backup Government Application Security 116

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

Reciprocity

MARCH 24, 2025

Unlike retail breaches where compromised payment cards can be quickly canceled and replaced, exposed health information creates long-term vulnerability for affected individuals that cannot be easily remediated. A security vulnerability in any vendor could potentially become an entry point to the pharmacy’s systems.

Security 52

Security Healthcare Vulnerability Education 52

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. Improving Compliance GRC helps organizations identify areas where they are non-compliant and vulnerable.

Government 52

Government Audit Outsourcing Technology 52

Pure Storage

DECEMBER 2, 2024

Data breaches aren’t just frequent, attention-grabbing headlines—they’re a stark reminder of the vulnerabilities lurking in our networks. Despite this company’s high standards for security, attackers reportedly exploited a vulnerability in one of its data connectors, leading to the exposure of encrypted customer data.

Cyber Resilience 52

Cyber Resilience Healthcare Cybersecurity Vulnerability 52

Stratogrid Advisory

JUNE 3, 2020

An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. Insurance companies assess risks to determine the insurance premiums they will charge. It will increase an organization's awareness of threats and vulnerabilities, which will help management make informed decisions.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs. An added benefit to a more resilient organization will be lower insurance rates. Insurance companies assess risks to determine the insurance premiums they will charge. ARTICLE SECTIONS.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Vulnerability Vigilance: Regularly scan your APIs for vulnerabilities and patch them promptly. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more.

Authentication 142

Authentication Cybersecurity Security Government 142