Reciprocity

AUGUST 18, 2022

Passing or sharing the risk via insurance, joint venture, or another arrangement. Operationally Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE), developed by Carnegie Mellon University, provides a self-directed methodology customizable to your organization’s size. Prevention or termination of a risk.

Risk Management 52

Risk Management Management Mitigation Strategic 52

LogisManager

MAY 20, 2021

For example, a forensic finding made during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. The less prepared you are when responding to an incident, the more likely you’ll be forced into paying ransom.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Reciprocity

MARCH 28, 2022

The reactions to risk include: Acceptance or toleration of a risk; Prevention or termination of a risk; Passing or sharing the risk via insurance, joint venture, or another arrangement; Mitigating or reducing the risk by internal control procedures or other risk-prevention measures. Step 2: Assess the Risks.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

APRIL 4, 2022

Vulnerabilities. Signs that your organization was a victim of a cybersecurity attack, data found online or in the dark web, login attempts, fake social media accounts, scams posing as coming from your organization (which can be a precursor to customer phishing), and other anomalies including social engineering. Data loss or leaks.

Mitigation 52

Mitigation Cybersecurity Malware Media 52

Reciprocity

APRIL 4, 2022

So would a zero-day attack, in which hackers exploit a previously unknown vulnerability. Security risk assessments are essential not just for cybersecurity but also for regulatory compliance. For example, the Health Information Portability and Accountability Act (HIPAA) requires periodic security risk assessments. Medium Priority.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Reciprocity

AUGUST 24, 2022

Organizations typically bought insurance to avoid the losses these risks could cause, thus “transferring” the risk to the insurance company. Not long ago, risk managers concerned themselves mainly with hazards such as fires and floods; or in the financial sector, loan defaults (credit risk). Many Needs, One Solution.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. While it’s easy to assume that a CMS focuses on how your financial institution protects customers and avoids money laundering, market transactions are increasingly digital, using technologies vulnerable to unauthorized access. FDIC), a primary U.S. Who Needs to Be Involved?

Management 52

Management Audit Banking Risk Management 52

Reciprocity

DECEMBER 19, 2022

When vulnerabilities or violations are discovered through monitoring and audits, make a prompt and consistent effort to address the problem. Create a strategy for enforcing standards of behavior in a timely way, defining suitable disciplinary consequences for workers who fail to meet program criteria. Take appropriate action.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

DECEMBER 27, 2022

A GRC tool displays all relevant GRC information (such as audit results, risk assessments, vulnerability scans, and penetration tests) in one place and in a user-friendly format, making it easy to share and take appropriate action. Centralized Policies, Controls, and Results. Improved Coordination.

Government 52

Government Audit Risk Management Disaster Recovery 52

everbridge

AUGUST 11, 2021

They’re often more vulnerable than office-based workers when it comes to risks, such as hostile patients or perilous work conditions, like climbing tall poles topped by high-voltage electrical wires. If injured on the job, it’s important to have plans to keep them safe amidst the already strained emergency services and hospitals.

Pandemic 52

Pandemic Travel Vulnerability Hospitality 52

Emergency Planning

MARCH 23, 2022

The increasing vulnerability and dwindling redundancy of life-support systems will aggravate the effect of proliferating failure among critical infrastructure networks. Preamble 1.1 The future of humanity will involve very significant challenges in order to create and maintain resilience. Unplanned mass migrations will occur. The citizen 4.1

Resilience 244

Resilience All-Hazards Emergency Planning Risk Reduction 244