Reciprocity

AUGUST 18, 2022

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.

Risk Management 52

Risk Management Management Mitigation Strategic 52

MHA Consulting

MARCH 21, 2024

Healthcare organizations are uniquely vulnerable to hackers and are subject to more than their share of cyberattacks. Related on MHA Consulting: Be Ransomware Resilient: Know How to Operate Manually A Healthcare System Under Attack Last month, the U.S. health care system in American history.” health care system in American history.”

Healthcare 52

Healthcare Hospitality Resilience BCM 52

Reciprocity

MARCH 24, 2022

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Reciprocity

NOVEMBER 5, 2021

The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

MHA Consulting

MARCH 23, 2023

By adhering to the council’s guidelines, companies can implement best practices for risk management, cybersecurity, data protection, and business continuity planning. The FFIEC standard can be found here, and it’s completely free. Does trying to meet the rigorous FFIEC standard make sense for every organization?

BCM 95

BCM Impact Analysis Business Continuity Banking 95

Reciprocity

SEPTEMBER 30, 2022

Data breaches against healthcare organizations affected more than 1 million people in 2020. The average total data breach cost in the same year was far higher in the healthcare industry ( $7.13 As one can see, the healthcare industry is one of the most attractive targets for cyber attackers and data thieves.

Healthcare 52

Healthcare Management Vulnerability Risk Management 52

Zerto

MARCH 5, 2025

By functioning as a standardized blueprint, they outline the best practices to approach risk management and help businesses maintain resilience in the face of growing threats. HIPPA: The Health Insurance Portability and Accountability Act (HIPPA) enforces data protection regulations specifically for the healthcare industry.

Cyber Resilience 52

Cyber Resilience Security Disaster Recovery Resilience 52

Solutions Review

DECEMBER 12, 2024

This heightened accountability is set to redefine service contracts and risk management strategies. Reproductive rights, immigration, healthcare/medical data, location tracking and surveillance will all get additional legislation to protect associated rights to restrict sharing of their data.

Vulnerability 52

Vulnerability Cybersecurity Malware Audit 52

Solutions Review

SEPTEMBER 27, 2021

AuditBoard also streamlines audit, risk, and compliance programs with an enterprise workflow engine purpose-built to automate interaction across those three lines. Enablon also allows users to establish, manage, and track Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) to better meet objectives. Navex Global.

Government 92

Government Audit Risk Management Hospitality 92

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. Security risks aren’t the only type of risk that organizations face.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Risk Management Monitor

DECEMBER 20, 2022

In these cases, a worker may intentionally fake an injury (claimant fraud) or a business owner may misrepresent their employee headcount or incorrectly classify employees to obtain lower insurance premiums. Workers compensation insurance provider fraud has become a multi-billion-dollar industry that is bad for business.

Insurance 40

Insurance Insurance Evaluation Hospitality 40

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). The advent of the digital age is partly to blame.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Pure Storage

MARCH 25, 2024

FFIEC is an interagency body composed of the heads of the five federal banking agencies: the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau. link] ²“ U.S.

Financial Services 59

Financial Services Resilience Banking Risk Management 59

Reciprocity

SEPTEMBER 5, 2024

Healthcare organizations must comply with the Health Insurance Portability and Accountability Act (HIPAA) regulations that provide data privacy and security provisions for protecting patients’ protected health information.

Audit 52

Audit Backup Healthcare Asset Management 52

Reciprocity

AUGUST 17, 2022

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Enterprise Risk Management (ERM).

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

APRIL 4, 2022

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. To combat those threats, businesses need to develop digital risk management. We can define that as the processes used to assess, monitor, and treat the risks that arise from the digital business processes that are so common today.

Mitigation 52

Mitigation Malware Cybersecurity Media 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. The OCC also cautioned against interest rate risks, operational risks (again, heightened because of COVID-19), increased cybersecurity risks, compliance risks related to the Bank Secrecy Act (BSA), consumer compliance issues, and fair lending as areas of concern.

Management 52

Management Audit Banking Media 52

Pure Storage

MAY 13, 2024

The Third-party Vector Risk From the hackers’ perspective, it’s easy to see the appeal of reaching targets indirectly through vendors and cloud providers. Cybercriminals know that big attractive targets like major financial services and healthcare organizations will have robust defenses around their own assets.

Audit 52

Audit Banking Benchmark Application 52

BMC

DECEMBER 23, 2024

Risk A possible event that could cause harm or loss or make it more difficult to achieve objectives. In GRC, risk management ensures that the organization identifies, analyses, and controls risk that can derail the achievement of strategic objectives. Technology doesnt have ethicspeople do.

Government 52

Government Audit Technology Outsourcing 52

Reciprocity

DECEMBER 27, 2022

GRC is an integrated approach to managing the organization’s governance, IT and security risks, and regulatory compliance functions. The three pillars of a GRC program are governance, risk management, and compliance. Risk Management. Automate Vendor Risk Management. Governance.

Government 52

Government Audit Risk Management Disaster Recovery 52

Solutions Review

APRIL 21, 2022

Your people are both your first line of defense against cyber threats, and unfortunately when it comes to phishing, they can also be the biggest risk factor. In 2021, businesses in the U.S.

Media 40

Media Cybersecurity Retail Malware 40

Reciprocity

OCTOBER 7, 2024

Common Third-Party Security Risks and Challenges The top five obstacles companies experience during the Third Party Risk Management (TPRM) process are listed below. The number and complexity of third-party collaborations for modern enterprises is a critical problem in controlling third-party risk.

Cybersecurity 52

Cybersecurity Audit All-Hazards Risk Management 52

Reciprocity

DECEMBER 19, 2022

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. Your compliance program must develop standards and controls that respond to the risks you find. What Is the Purpose of a Corporate Compliance Program?

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? What Are the Most Common Vendor Risks?

Management 52

Management Risk Management Cybersecurity Strategic 52

Reciprocity

OCTOBER 1, 2022

As organizations and businesses around the world and across industries migrate their IT to the cloud, C-suites are faced with a new dilemma for governance, risk management and compliance (GRC) solutions: cloud versus on-premise software. That’s time and money that might be better spent elsewhere.

Government 52

Government Internet Risk Management Cloud Computing 52

Reciprocity

MARCH 24, 2022

To put this into perspective, it represents almost 70 percent of the $7.442 trillion the world spent on annual healthcare costs. Leverage ZenRisk to Mitigate Fraud Risk in Your Organization. Reciprocity ZenRisk can improve visibility into your risk environment. By 2019, fraud events cost businesses $5.127 trillion each year.

Audit 52

Audit Banking Activation Authorization 52

Solutions Review

FEBRUARY 24, 2022

With the advancement in IoT technologies, industrial machines, wearable devices, healthcare devices, and robotics, the data protection process significantly reduces the risk of data corruption, leakage, and compromise. Data Risk Management. Data Access Management. Data Lifecycle Management.

Disaster Recovery 40

Disaster Recovery Backup Technology Malware 40

Solutions Review

JANUARY 25, 2023

New systems will be a collection of smaller applications working harmoniously for better risk management and future outlook. However, some of the responsibility remains on our shoulders as well as those of the data management professionals we rely upon. Gone are the days when we implemented large ERP-like systems.

Backup 116

Backup Government Application Security 116

Erwood Group

JULY 7, 2022

One client recently obtained a $500 Million dollar increase in insurance coverage with zero increase in premium costs. This was done based on the Business Continuity Plans and Program developed after meeting with the insurance providers and providing details of the program and progress made.

Business Continuity 52

Business Continuity Impact Analysis Continuity Planning Communications 52

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more. Upholding good cyber hygiene.

Authentication 142

Authentication Cybersecurity Security Government 142

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more. Upholding good cyber hygiene.

Healthcare 59

Healthcare Cybersecurity Security Government 59

Solutions Review

JANUARY 28, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. A risk assessment shows organizations what their architecture looks like, their vulnerabilities, and more. Upholding good cyber hygiene.

Healthcare 52

Healthcare Cybersecurity Security Government 52

Reciprocity

MARCH 24, 2025

As digital pharmacy platforms continue their explosive growth, they face the unique security challenges of protecting sensitive patient data while navigating complex healthcare regulations. ZenGRC provides comprehensive visibility to streamline security controls, automate compliance, and maintain real-time risk management.

Security 52

Security Healthcare Vulnerability Education 52

BMC

DECEMBER 23, 2024

Risk A possible event that could cause harm or loss or make it more difficult to achieve objectives. In GRC, risk management ensures that the organization identifies, analyses, and controls risk that can derail the achievement of strategic objectives. Technology doesnt have ethicspeople do.

Government 52

Government Audit Technology Outsourcing 52

Security Industry Association

MARCH 21, 2025

Prior Experience and Industry Applications My career has involved working with a variety of technologies to directly solve challenges across multiple industries such as luxury residential and commercial real estate, advertising, banking, insurance, healthcare, transportation and data centers.

Cybersecurity 52

Cybersecurity Security Transportation Advertising 52