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Double trouble: When climate change and cyber crime collide

everbridge

During disasters, distracted, weakened, and vulnerable businesses and individuals are easy targets for cyber criminals. Additionally, the vulnerability of critical infrastructure like power grids, communication networks, and transportation systems during times of crisis makes them prime targets for state-sponsored cyberattacks.

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Risk Management Process- Part 3a: Risk Assessment and Risk Identification

Zerto

It identifies threats and vulnerabilities, potential areas of impact, and the likelihood of disruptive events. The objective of this step is to leave no stone unturned and to uncover all conceivable hazards, however minor or remote. This includes risks to strategy, finances, compliance, governance, and operations.

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These 8 Risk Domains Are the Meat and Potatoes of Risk Management 

MHA Consulting

Financial : Deals with risks related to financial stability, including market fluctuations, credit risks, and cash flow management, to protect the company’s financial health. For good examples of this type of operational vulnerability, see “ Single Points of Failure: Protecting Yourself from Hanging by a Thread.”)

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DDoS Attacks

Disaster Recovery

Defining these cyber hazards can be tricky. Distributed Denial of Service (DDoS) attacks disrupt services such as access to a website, an internet service provider (ISP), an online stock market and so on. All online entities are vulnerable to these hazards. DDoS Attacks.

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Managing Enterprise Risk: Understanding the 8 Risk Domains

MHA Consulting

Financial: Risks related to financial stability, including market fluctuations, credit risks, and cash flow management. Environmental and Infrastructure Hazards: Risks associated with natural disasters, physical infrastructure failures, and environmental impacts.

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Operational Resilience in 2023: What Can We Expect?

Fusion Risk Management

Increased Focus on Third-Party Risk Management As firms begin more comprehensive scenario testing to identify their top vulnerabilities, they will increase focus on their third parties and the level of resilience that those vendors can provide, including validation of those capabilities.

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3 Steps to Prepare for 2024 and Beyond with the Risk Maturity Model

LogisManager

From economic fluctuations to cybersecurity threats, from regulatory changes to environmental hazards, the risk landscape is constantly evolving, and organizations must be agile and proactive to stay ahead. By proactively assessing their vulnerabilities and planning for risks, they were able to effectively navigate the new loan program.