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CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity

IT Governance BC

Mitigating supply chain risk After widespread coverage, the CrowdStrike outage from 19 July 2024 hardly needs an introduction. The outage was caused by a bad security update rolled out by CrowdStrike. Without question, this is one of the most expensive IT outages to date, with significant global impact.

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How to Set Up a Secure Isolated Recovery Environment (SIRE)

Pure Storage

How to Set Up a Secure Isolated Recovery Environment (SIRE) by Pure Storage Blog If youve suffered a breach, outage, or attack, theres one thing you should have completed and ready to go: a secure isolated recovery environment (SIRE). Dont assume you can salvage even the uncompromised functions. A secure isolated recovery environment.

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Nine budget friendly ways to prepare your commercial building BEFORE the winter season

Disaster Safety

Severe winter weather is a significant cause of insured catastrophic losses and is a risk for many businesses across the country, including portions of the typically warmer southern United States. Discuss the systems exposure to winter weather and potential mitigation options. Know what your insurance covers and what it doesn’t.

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What Is Cyber Extortion? Tips for Securing Your Data

Pure Storage

Also, cyber insurance premiums have risen dramatically as insurers face increasing claims, further straining budgets. Service outages ultimately frustrate customers, leading to churn and loss of trust. Execute predefined steps to handle the breach, communicate with stakeholders, and mitigate damage.

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The Ultimate Guide to Residual Risk  

MHA Consulting

Residual risk is the amount of risk that remains in an activity after mitigation controls are applied. Putting it in mathematical terms: (Inherent risk) – (the risk eliminated by your mitigation controls) = residual risk. A related but higher level concept is that of risk mitigation strategies.

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How Zerto Aids Your Compliance Needs Within Security Frameworks

Zerto

HIPPA: The Health Insurance Portability and Accountability Act (HIPPA) enforces data protection regulations specifically for the healthcare industry. CIS Controls: The Center for Internet Security (CIS) Controls are a prioritized set of actions designed to mitigate the most common cyberattacks. NISTs CSF 2.0

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Impact tolerance in operational resilience: A guide for businesses  

everbridge

Operational resilience has become a defining priority for organizations in sectors like finance and insurance, especially in the UK and Europe. Organizations with robust resilience frameworks, including impact tolerance thresholds, not only reduce the frequency of incidents but also mitigate their cost. million in 2024.