Fusion Risk Management

AUGUST 12, 2024

The Third-Party Threat There seems to have been a lot of confusion around how to classify this incident; some see it as a digital or cyber issue, attempting to claim on their cyber insurance. 13 It speaks to the fact that third parties and Operations, Security, and IT teams are now all intrinsically linked. It doesn’t work.” 3 billion 12.

Outage 52

Outage Airlines Outsourcing Insurance 52

NexusTek

JUNE 6, 2023

A popular alternative is a virtual CIO (vCIO), an outsourced resource of expertise, strategic planning, and leadership who works on a part-time or as-needed basis. You need stronger cybersecurity but aren’t sure where to start. You need stronger cybersecurity but aren’t sure where to start.

Strategic 98

Strategic Cybersecurity Benchmark Outsourcing 98

Fusion Risk Management

SEPTEMBER 12, 2022

Yes, there are some aspects of technology and data protection that fall within the parameters of privacy and cybersecurity laws. Operational resilience – like cybersecurity and corporate compliance – is everyone’s responsibility. Ability to Procure Cyber Insurance. Lead with a Top-Down and Bottom-Up Approach.

Resilience 52

Resilience Insurance Insurance Outsourcing 52

Pure Storage

AUGUST 25, 2021

There are outsourced IT and cybersecurity that may need to be deployed. Third-party cybersecurity consultants. Increased insurance premiums (or possible cancellation). Confirm what your cyber insurance covers—and what it doesn’t. There are the extra people-hours that must be devoted to reassuring customers.

Hospitality 59

Hospitality Insurance Insurance Backup 59

Pure Storage

MARCH 21, 2022

After a cybersecurity event, forensic experts gather evidence from data on computers and other digital storage devices for use in the investigation. This role could be an in-house team, outsourced, or hybrid. If outsourced or hybrid, a designated employee should act as a liaison. Part 1: Your Emergency Data Breach Response Team.

Emergency Response 105

Emergency Response Emergency Response Backup Outsourcing 105

Reciprocity

OCTOBER 7, 2024

For instance, if a company wants to outsource work or hire a new supplier or vendor, it will do third-party due diligence to determine any risks or possible issues with this new partnership. However, in cybersecurity, you need to update it to “if you build it, they will come, but they won’t get in.”

Cybersecurity 52

Cybersecurity Audit All-Hazards Risk Management 52

Reciprocity

SEPTEMBER 30, 2022

Such valuable data creates immense cybersecurity risks in healthcare. The pain is felt by the healthcare organization when a vendor has an outage because of ransomware or another cybersecurity intrusion. Despite HIPAA regulations, cybersecurity attacks and data breaches targeting healthcare remain a severe and increasing threat.

Healthcare 52

Healthcare Management Vulnerability Risk Management 52