Pure Storage

SEPTEMBER 16, 2021

They will learn if you have cybersecurity insurance, where from, and how much it’s for. Implement multi-factor authentication and admin credential vaulting for all systems. Multifactor authentication adds extra steps and security, requiring a personal device or biometrics to prove identity. Attackers launch a campaign.

Security 98

Security Vulnerability Malware Authentication 98

Pure Storage

DECEMBER 17, 2024

Also, cyber insurance premiums have risen dramatically as insurers face increasing claims, further straining budgets. Lack of multi-factor authentication (MFA): Systems without MFA are more vulnerable to unauthorized logins. Execute predefined steps to handle the breach, communicate with stakeholders, and mitigate damage.

Security 52

Security Vulnerability Cybersecurity Cyber Resilience 52

LogisManager

OCTOBER 17, 2024

The root cause of the contagion was traced to inadequate oversight of third-party integrations, a vulnerability that could have been mitigated with stronger governance and continuous monitoring. The breach cascaded across Change Healthcare’s partners, including healthcare providers, insurers, and pharmaceutical companies.

Risk Management 52

Risk Management Healthcare Management Audit 52

LogisManager

MAY 20, 2021

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. Having multi-factor authentication also limits unauthorized users to access data. Asset Management. Data Governance.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Pure Storage

JULY 17, 2023

Beyond multifactor authentication and password strategies, everyone should keep security top of mind. Defend critical infrastructure In addition to modernizing its own systems, the government is working to mitigate widespread disruptions that can occur when critical infrastructures are taken out at the knees.

Cybersecurity 98

Cybersecurity Resilience Architecture Backup 98

Risk Management Monitor

JUNE 17, 2022

The following five strategies can help companies mitigate cyberrisk and respond to threats quickly and efficiently: 1. This can be done quickly while raising flags or network anomalies such as authenticating to several systems within minutes. Strengthen Asset Inventory You cannot protect what you do not know exists or cannot see.

Alert 76

Alert Cybersecurity Activation Asset Management 76

Pure Storage

JULY 12, 2021

To mitigate this, organizations need available recovery points to get back up and running quickly. Whether you choose to pay or not, you could incur additional costs such as shareholder lawsuits, regulatory compliance suits, increased insurance premiums, loss of intellectual property, and other investigations.

Backup 69

Backup Authentication Outage Architecture 69

FS-ISAC

MAY 25, 2021

A cyberattack can not only result in an operational disruption, but also customer losses, an increase in insurance premiums, lawsuits or fines, credit downgrades, and reputational damage. We might live with risks with low exposure and high costs to mitigate and focus on high exposure risks that can easily be mitigated.

Banking 52

Banking Cybersecurity Mitigation Risk Management 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

OCTOBER 7, 2024

Risk assessments provide a basis for risk management and mitigation. It’s essential to perform these assessments regularly to assure that the proper controls are in place to mitigate and manage existing and evolving risks. Internal audits can also reveal whether employees are engaging in potentially fraudulent or unethical behaviors.

Audit 52

Audit Corporate Governance Evaluation Activation 52

Reciprocity

OCTOBER 7, 2024

Risk assessments provide a basis for risk management and mitigation. It’s essential to perform these assessments regularly to assure that the proper controls are in place to mitigate and manage existing and evolving risks. Internal audits can also reveal whether employees are engaging in potentially fraudulent or unethical behaviors.

Audit 52

Audit Corporate Governance Evaluation Activation 52

Solutions Review

DECEMBER 12, 2024

From advancements in AI-powered risk mitigation to new paradigms in regulatory compliance, these predictions provide actionable perspectives to help organizations navigate the complexities of 2025. Cyber Liability insurance will increasingly require a privacy audit.

Vulnerability 52

Vulnerability Cybersecurity Malware Audit 52

Managecast

OCTOBER 11, 2021

If you sense any red flags that something may be out of place or unusual, reach out directly to the individual to confirm whether the content is authentic and safe. Don’t fall for it. If not, break off communication immediately and flag the incident through the proper channels. Be Aware of Vishing and Other Phishing Offshoots. SOURCE: [link].

Cybersecurity 40

Cybersecurity Communications Healthcare Authentication 40

Risk Management Monitor

SEPTEMBER 1, 2022

Other strategies include implementing multi-factor authentication, assigning access permissions to employees and maintaining regular backups. Prioritize Investments in Cybersecurity. Protecting an organization requires the proper tools. It is critical to develop a strong cybersecurity strategy and invest in resources and training.

Cybersecurity 58

Cybersecurity Threat Monitoring Malware Authentication 58

Plan B Consulting

MARCH 14, 2014

If a computer or hard drive is lost or stolen, for example, the value of it (which is what your insurer is interested in) may be £400. ” Similarly, in the tech world, think something like “if the server isn’t available, we can’t authenticate users.

Disaster Recovery 52

Disaster Recovery Impact Analysis Vulnerability Consulting 52

Plan B Consulting

MARCH 14, 2014

If a computer or hard drive is lost or stolen, for example, the value of it (which is what your insurer is interested in) may be £400. ” Similarly, in the tech world, think something like “if the server isn’t available, we can’t authenticate users.

Disaster Recovery 52

Disaster Recovery Impact Analysis Vulnerability Consulting 52

Solutions Review

MARCH 31, 2023

With that said, it’s critical for today’s leaders to understand and recognize the need to move away from legacy backup solutions, and instead focus on building proactive resiliency architectures supported by modernized backup strategies in order to expedite data recovery and mitigate the full impact of a cyberattack.

Backup 119

Backup Disaster Recovery Application Security 119

Pure Storage

DECEMBER 15, 2021

The cyber-insurance firm Corvus states that the “improved preparedness and resiliency among customers of its cyber-insurance policies” have resulted in fewer ransomware claim payouts, despite an increase in the frequency of ransomware claims in CY2021 over CY2020.

Backup 59

Backup B2B Insurance Insurance 59

Solutions Review

JANUARY 25, 2023

Supply chain mapping will grow in importance in 2023 as it also helps in identifying concentration risk or compliance risk, allowing businesses to see the early warning signals, predict potential disruptions, identify supply chain bottlenecks and take proactive measures to mitigate risks, and maintain competitiveness.

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. This will drive customer buying decisions and will be critical in mitigating the consumer lack of trust.

Backup 98

Backup Application Government Security 98

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns.

Authentication 142

Authentication Cybersecurity Security Government 142

Pure Storage

DECEMBER 2, 2024

Strengthening cybersecurity at every level of an organization is critical to mitigate risk. UnitedHealth Group, the parent company, paid a $22 million ransom to recover data, which included medical records and insurance details​. Although financial data wasn’t disclosed, the breach exposed employees to phishing attempts​.

Cyber Resilience 52

Cyber Resilience Healthcare Cybersecurity Vulnerability 52

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Solutions Review

JANUARY 28, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns.

Healthcare 52

Healthcare Security Cybersecurity Government 52