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Change Healthcare’s 2024 Data Breach: Key Risk Management Lessons

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Change Healthcare’s 2024 Data Breach: Key Risk Management Lessons Last Updated: October 17, 2024 In 2024, Change Healthcare faced a significant data breach that rippled across the healthcare industry, highlighting how risks are interconnected and can spread beyond their point of origin.

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What Is Enterprise Risk Management & Its Importance

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The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

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Inflation, Job Anxiety, and Grievance: A Recipe for Civil Unrest in 2025

Bernstein Crisis Management

The findings reveal an unprecedented lack of trust in governments, business leaders, and the media, with distrust tied to economic inequality and a pervasive sense of societal unfairness. Crisis communication planning including vulnerability audits, crisis protocol, message development and spokesperson training.

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The Best Governance, Risk, and Compliance Software to Consider

Solutions Review

Description: AuditBoard is a cloud-based GRC offering that includes a suite of risk, audit, and compliance tools. With the platform, users can conduct internal audits, manage risks, optimize workflow efficiency, maintain SOX compliance, and manage controls. Fusion Risk Management.

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What is Vendor Risk Management (VRM)? The Definitive Guide

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Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

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The Cost of Non-Compliance: Why Third-Party Risk Should Be a Top Priority in 2025 

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This complex web of dependencies means one vulnerable service can impact entire business operations, making risk assessment increasingly challenging as critical processes rely on multiple vendor relationships. Business disruption ripples throughout the organization when third-party risk management fails.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. Factor analysis of information risk (FAIR) provides a common risk mitigation vocabulary to help you to address security practice weaknesses.