Business Recovery Insurance Outage 
MHA Consulting
MARCH 2, 2023
An organization that can undergo an outage of five days at no great cost is justified in having a high risk tolerance. An organization that would suffer a large impact as the result of an outage of two hours should be willing to tolerate very little risk. Where risk tolerance is high, controls can be relaxed.
Reciprocity
SEPTEMBER 30, 2022
The pain is felt by the healthcare organization when a vendor has an outage because of ransomware or another cybersecurity intrusion. One such attempt by defenders is the Health Insurance Portability and Accountability Act (HIPAA) , a law formulated to help protect patient data and secure healthcare organizations.
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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. The internal recovery plans of vendors and service providers must be taken into consideration. manufacturing facilities).
Stratogrid Advisory
JUNE 3, 2020
Client or customer demands – depending on the type of services an organization provides to its clients, it may be mandated to implement business continuity and IT disaster recovery plans. Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs.
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