Remove Disaster Recovery Remove Insurance Remove Outsourcing
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How to Offload Your Risk to a Third Party

MHA Consulting

There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity. The Promise and Pitfalls of Insurance Insurance is the most frequently used and easiest method of risk transference.

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There is No Excuse for Ignoring Backup and Disaster Recovery

NexusTek

READ TIME: 5 MIN September 16, 2019 There is No Excuse for Ignoring Backup and Disaster Recovery Disaster strikes when we least expect it, and for the unprepared business, the consequences are dire. For small businesses, business continuity plans and disaster recovery are an animal unto itself.

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6 Signs Your Business Needs a vCIO

NexusTek

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. investing in disaster recovery solutions to prevent business-crushing data loss). Not sure if a vCIO is right for your business?

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How to Create a Data Breach Response Team

Pure Storage

This role could be an in-house team, outsourced, or hybrid. If outsourced or hybrid, a designated employee should act as a liaison. Legal experts help you understand the legal obligations, potential conflicts, and liabilities of your business, and can provide input when drafting policies and procedures. Information Security (InfoSec).

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Top reasons why Business Continuity Planning is ignored!

Stratogrid Advisory

We have business interruption insurance. The business interruption insurance will cover actual business loses and expenses associated with the restoration of business services. What business interruption insurance will NOT cover is the loss of your clients, overall market share, or any project related delays associated costs.

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Operational Risk Management

MHA Consulting

They include: Process and procedural robustness and integrity People, skills and training Insurance and self-insurance The supply chain, outsourcing, and inherited risk Infrastructure, systems and telecommunications Physical and information security Operational risk is recognized as being distinct from market risk and credit or trade risks.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Technology firms that do business in the supply chain ecosystem of highly regulated entities must respond to RFP (request for proposal) requests understanding their back-end IT security, disaster recovery, compliance, and privacy programs. Ability to Procure Cyber Insurance.