Risk Management Monitor

JANUARY 27, 2022

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. As a result, it is more important than ever for companies to understand their cyber vulnerabilities and exposures so they can ensure they are properly covered. One way to do this is through analytics.

Insurance 66

Insurance Insurance Cybersecurity Response Plan 66

Pure Storage

JULY 17, 2023

Resiliency Is Top Priority in 2023 White House Cybersecurity Strategy by Pure Storage Blog Last week, the White House released the updated National Cybersecurity Strategy for 2023—“A Path to Resilience.” Development of secure IoT devices Liability for vulnerabilities in software Required compliance of any federal vendors (e.g.,

Cybersecurity 98

Cybersecurity Resilience Architecture Backup 98

Solutions Review

DECEMBER 12, 2024

In an era defined by rapid innovation and heightened cybersecurity threats, staying ahead requires insights from those who build, implement, and innovate at the cutting edge of these technologies. Cyber Liability insurance will increasingly require a privacy audit. This will intensify scrutiny on compliance practices across the board.

Vulnerability 52

Vulnerability Cybersecurity Malware Audit 52

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

NexusTek

OCTOBER 25, 2023

Similarly, if other parties in your ecosystem have lax security, they place your business at risk—even if your own cybersecurity is excellent. Managing Cyber Risk in Your Business Ecosystem To effectively manage cyber risk in our digital world, you need to evaluate not only your own cybersecurity posture but third parties’ as well.

Cybersecurity 105

Cybersecurity Evaluation Vulnerability Risk Management 105

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. In general, InfoSec is a subset of cybersecurity specifically related to processes designed for data security. Forensic Experts. Other Contacts to Know.

Emergency Response 105

Emergency Response Emergency Response Backup Outsourcing 105

Online Computers

MARCH 14, 2024

Patient data, containing sensitive information ranging from medical histories to insurance details, has become a lucrative target for cybercriminals. Every piece of data, from medical records and treatment plans to billing and insurance details, contributes to a comprehensive understanding of the patient's health history.

Healthcare 52

Healthcare Cybersecurity Malware Insurance 52

everbridge

OCTOBER 9, 2024

And yet, for decades now, cyber operations have been vulnerable. According to the Cyber Readiness report by the British insurer Hiscox, nearly half of all companies reported a cyberattack last year, with one in five saying those attacks threatened their solvency. Viruses have been with us since the early days of ARPANET.

Business Continuity 52

Business Continuity Cybersecurity Impact Analysis Disaster Recovery 52

Pure Storage

MARCH 29, 2024

Cybersecurity sentiment has shifted dramatically – in fact, Gartner recently noted that 88 percent of board of directors now acknowledge that cybersecurity is a key business risk rather than simply just an IT problem, a 58 percent jump from five years ago. It has been republished with permission from the author.

Backup 96

Backup Cybersecurity Architecture Resilience 96

Security Industry Association

SEPTEMBER 20, 2022

Last week the Department of Homeland Security (DHS) announced a joint effort between the Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Emergency Management Agency (FEMA) to provide new cybersecurity grants authorized and funded under the Bipartisan Infrastructure Law.

Cybersecurity 52

Cybersecurity Telecommunications Authentication Government 52

Online Computers

DECEMBER 14, 2023

In coming up with a cybersecurity budget for your small or medium-sized business in New Jersey, you may find yourself with a dilemma: Where should you spend your money — training your staff on cybersecurity best practices or upgrading your cybersecurity tools?

Cybersecurity 52

Cybersecurity Insurance Insurance Security 52

Pure Storage

SEPTEMBER 16, 2021

In this article I’ll start with the before of an attack and discuss what you should do and have in place to ensure you’re closing the gaps that create vulnerabilities and in-roads for attackers. They will learn if you have cybersecurity insurance, where from, and how much it’s for. Other Vulnerabilities to Note.

Security 98

Security Vulnerability Malware Authentication 98

Pure Storage

AUGUST 2, 2021

There’s a saying in cybersecurity: “It’s not if, it’s when.” Do we have a vulnerability and patch management program? Installing software patches and updating systems to eliminate vulnerabilities are the low-hanging fruit of security tasks. Also, include cyber insurance providers that can explain coverages and limitations.

Benchmark 97

Benchmark Cybersecurity Application Vulnerability 97

Online Computers

MARCH 14, 2024

Patient data, containing sensitive information ranging from medical histories to insurance details, has become a lucrative target for cybercriminals. Every piece of data, from medical records and treatment plans to billing and insurance details, contributes to a comprehensive understanding of the patient’s health history.

Healthcare 40

Healthcare Cybersecurity Malware Insurance 40

Pure Storage

MARCH 21, 2024

The multinational health insurance and services company has been knee-deep in this nightmare since its technology unit, Change Healthcare, was targeted by the BlackCat/ALPHV ransomware affiliate in late February. This cybersecurity concept operates under the assumption that threats can exist both inside and outside of your network.

Healthcare 97

Healthcare Hospitality Architecture Cybersecurity 97

Pure Storage

AUGUST 8, 2024

As these threats increase and evolve, state and local governments need to evolve their cybersecurity strategies. Cybersecurity threats to critical infrastructure are one of the most significant strategic risks to the continued operation of these fundamental services. Backups should be the last line of defense.

Resilience 76

Resilience Backup Transportation Cybersecurity 76

Security Industry Association

SEPTEMBER 9, 2022

Public space is more vulnerable to a myriad of threats posed by commercial drones. The majority of, if not all, large public gatherings are provided by private organizations, including major sports events, concerts and festivals, which are our most vulnerable population. . The first-person view capability is a great example.

Government 98

Government Marketing Technology Authorization 98

Reciprocity

APRIL 4, 2022

Security risk assessments are essential not just for cybersecurity but also for regulatory compliance. Information security and cybersecurity risks often bubble to the top in a world connected with technology, uut you would be remiss if you only focused on technology-related risks. Quality risk. What is the Risk Assessment Process?

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

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

Solutions Review

DECEMBER 13, 2022

Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. Similarly in cybersecurity, enterprises typically proof themselves up against last year’s strategies and attack vectors. Insurance Refusals and Rate Hikes. But not insurance companies.

Backup 52

Backup Security Insurance Insurance 52

Solutions Review

SEPTEMBER 14, 2021

TITLE: Risk Management for Cybersecurity and IT Managers. Dion guides his students through the foundations of risk management, particularly with regard to cybersecurity and information technology. The Best Risk Management Courses on Udemy. None of these things have anything to do with proper risk management.

Risk Management 98

Risk Management Management Government Vulnerability 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

Assurance IT

JUNE 3, 2021

Did you know that the global spending on cybersecurity products and services is predicted to exceed $1 trillion? This term, AI Fuzzing is a tool that integrates AI with regular fuzzing techniques which capture software vulnerabilities. A zero-day attack is a software vulnerability that is easily ready and infected by cybercriminals.

Vulnerability 52

Vulnerability Disaster Recovery Insurance Insurance 52

Reciprocity

APRIL 4, 2022

So it is for houses and buildings – and the same principle is just as true for cybersecurity. Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. DRP is the active piece of the cybersecurity puzzle, and is an imperative for every organization. What is Digital Risk Protection?

Mitigation 52

Mitigation Malware Cybersecurity Media 52

NexusTek

OCTOBER 25, 2023

Similarly, if other parties in your ecosystem have lax security, they place your business at riskeven if your own cybersecurity is excellent. Managing Cyber Risk in Your Business Ecosystem To effectively manage cyber risk in our digital world, you need to evaluate not only your own cybersecurity posture but third parties as well.

Cybersecurity 52

Cybersecurity Evaluation Vulnerability Risk Management 52

Risk Management Monitor

SEPTEMBER 1, 2022

Cybersecurity should be a top priority for organizations today, especially as employees continue to work remotely without business-grade protections. In the age of COVID-19, businesses are more vulnerable than ever. Cybersecurity measures need to become part of everyday routines and tasks. Create a Comprehensive Plan.

Cybersecurity 58

Cybersecurity Threat Monitoring Malware Authentication 58

Solutions Review

MARCH 31, 2023

Backups are an essential component of several functions in the NIST Cybersecurity Framework. Specifically, backups relate to the Recover function, which involves restoring any services that were compromised in a cybersecurity incident. However, backups fail to provide protection from data theft with no chance of recovery.

Backup 119

Backup Disaster Recovery Application Outage 119

FS-ISAC

NOVEMBER 8, 2021

While “close enough” works in asset management for financial inventory, it can quickly prove useless in cybersecurity. Likewise, while every reduction in fraud loss provides a quantifiable gain, cybersecurity deals in binary events where a single intrusion may prove an existential event. What is Your Adversary's Goal?

Risk Management 59

Risk Management Management Audit Asset Management 59

LogisManager

MAY 9, 2023

Here is why: In my 18 years as CEO of LogicManager, I have observed a pattern that for every corporate mishap, cybersecurity breach, corporate fraud, or non-compliance finding, experts within the company attempted unsuccessfully to escalate their concerns six months or more prior to the mishap.

Banking 98

Banking Risk Management Management Corporate Governance 98

Security Industry Association

NOVEMBER 9, 2021

The benefit of remote monitoring is that users have an off-site, dedicated team in place watching over the network to proactively respond to any vulnerabilities that could result in downtime. Think of remote monitoring like insurance: It is not always needed, but when it is, it pays for itself and more.

Manufacturing 98

Manufacturing Technology Security Insurance 98

Solutions Review

AUGUST 12, 2024

It’s not enough to simply rely on traditional cybersecurity measures; enterprises must adopt a proactive stance, anticipating potential vulnerabilities and implementing comprehensive defenses that can mitigate the impact of an attack.

Backup 52

Backup Cybersecurity Strategic Malware 52

Solutions Review

MARCH 31, 2022

Cybersecurity sentiment has shifted dramatically – in fact, Gartner recently noted that 88 percent of board of directors now acknowledge that cybersecurity is a key business risk rather than simply just an IT problem, a 58 percent jump from five years ago. When it comes to cybersecurity, attack prevention is only half the battle.

Backup 52

Backup Cybersecurity Architecture Resilience 52

Pure Storage

DECEMBER 6, 2021

Continue forensics efforts and work in tandem with the proper authorities, your cyber insurance provider, and any regulatory agencies. If your service providers say they have remedied vulnerabilities, ask for verification this has occurred. . Without these, other business applications may not come back online or function correctly.

Insurance 72

Insurance Insurance Authorization Malware 72

MHA Consulting

MARCH 21, 2024

Healthcare organizations are uniquely vulnerable to hackers and are subject to more than their share of cyberattacks. Two Types of Attacks Looking at the issue of healthcare cybersecurity from the business continuity perspective, there are two types of attacks to consider: data breaches and ransomware attacks.

Healthcare 52

Healthcare Hospitality Resilience BCM 52

FS-ISAC

MAY 25, 2021

But in a digital finance world that is quickly advancing into uncharted territory, non-financial risks – operational risk, fraud prevention, IT risk, and cybersecurity – are increasingly critical to the business. Because large numbers are involved, it is largely possible to predict the future based on the past.

Banking 52

Banking Cybersecurity Mitigation Risk Management 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

Pure Storage

MARCH 25, 2024

Specifically, these have come from the Cybersecurity & Infrastructure Security Agency (CISA), Federal Financial Institutions Examination Council (FFIEC), and the National Cybersecurity Strategy (NCS) from the White House. FFIEC has a much broader and even less specific mandate than CISA.

Financial Services 59

Financial Services Resilience Banking Risk Management 59