MHA Consulting

MAY 11, 2023

Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The Importance of Testing and Exercises In case you missed it, MHA CEO Michael Herrera wrote an excellent blog last week called, “The Top 8 Risk Mitigation Controls, in Order.” Unfortunately, it’s a tool that most companies neglect.

Disaster Recovery 98

Disaster Recovery Business Continuity Consulting BCM 98

MHA Consulting

MAY 11, 2023

Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The Importance of Testing and Exercises In case you missed it, MHA CEO Michael Herrera wrote an excellent blog last week called, “The Top 8 Risk Mitigation Controls, in Order.” Unfortunately, it’s a tool that most companies neglect.

Disaster Recovery 96

Disaster Recovery Business Continuity Consulting BCM 96

Castellan

FEBRUARY 7, 2022

These are among the many topics dominating news stories, especially since the outbreak of the pandemic two years ago. Phishing schemes. Record exposures. Fines and lawsuits. More and more breaches. And if it did, how prepared would your team be to respond? Cyber resilience isn’t just a theory.

Cyber Resilience 98

Cyber Resilience Resilience Response Plan Consulting 98

LogisManager

OCTOBER 12, 2021

Once you have assessed these risks you will want to create a plan for risk mitigation and risk monitoring so that you are in control of potential threats. An independent research study, “ The Valuation Implications for Enterprise Risk Management Maturity ,” was published in the prestigious Journal of Risk and Insurance.

Risk Management 52

Risk Management Management Insurance Insurance 52

Pure Storage

JULY 17, 2023

Defend critical infrastructure In addition to modernizing its own systems, the government is working to mitigate widespread disruptions that can occur when critical infrastructures are taken out at the knees. Read more: What Is a Resiliency Architecture and How Do You Build One?

Cybersecurity 98

Cybersecurity Resilience Architecture Backup 98

LogisManager

MAY 20, 2021

That’s why insurance premiums are increasing exponentially for those organizations that cannot provide evidence of an effective ERM program that has strong controls and a robust Incident Response program. The less prepared you are when responding to an incident, the more likely you’ll be forced into paying ransom. Data Governance.

Risk Management 64

Risk Management Management Authentication Hospitality 64

LogisManager

MAY 9, 2023

For instance, banks and insurance carriers with robust ERM programs realize that investment research consultants and credit rating agencies, although they may have a relatively small spend, can have a significant impact on their investment portfolios if conflicts of interest, bias, or fraud go undetected.

Banking 98

Banking Risk Management Management Corporate Governance 98

Plan B Consulting

MARCH 12, 2020

We live in a fairly safe world in that there are cures for most diseases, we can build defences against nature and most threats we have met before, and there is insurance which at least gives us money to rebuild. We shouldn’t be ordering people around and treating them as commodities, in our desire to mitigate the effect of the pandemic.

Pandemic 52

Pandemic Banking Travel Insurance 52

Plan B Consulting

MARCH 12, 2020

We live in a fairly safe world in that there are cures for most diseases, we can build defences against nature and most threats we have met before, and there is insurance which at least gives us money to rebuild. We shouldn’t be ordering people around and treating them as commodities, in our desire to mitigate the effect of the pandemic.

Pandemic 52

Pandemic Banking Travel Insurance 52

Plan B Consulting

MAY 16, 2023

Supplier bankruptcy, trade disputes, political instability, pandemics, natural disasters and cyber-attacks are all seen to be key factors in supply chain disruption. To succeed, a proactive approach is required to ensure that many supply chain risks can be identified, or potentially mitigated before they become a crisis.

Fashion 52

Fashion Business Continuity Insurance Insurance 52

FS-ISAC

MAY 25, 2021

A cyberattack can not only result in an operational disruption, but also customer losses, an increase in insurance premiums, lawsuits or fines, credit downgrades, and reputational damage. We might live with risks with low exposure and high costs to mitigate and focus on high exposure risks that can easily be mitigated.

Banking 52

Banking Cybersecurity Mitigation Risk Management 52

Erwood Group

FEBRUARY 4, 2024

These events can range from natural disasters and pandemics to technological failures and other disruptions that might threaten the normal functioning of healthcare facilities. Disruptions can lead to financial losses, especially if billing processes are impacted, insurance claims are delayed, or operational inefficiencies arise.

Healthcare 45

Healthcare Business Continuity Resilience Continuity Planning 45

Fusion Risk Management

JUNE 23, 2023

More than 14 years ago, the Federal Deposit Insurance Corporation (FDIC) introduced the first true risk-based approach to understanding and managing third parties. The idea behind having an effective third-party risk management (TPRM) program is not a newfound concept. Rinse and repeat.

Risk Management 52

Risk Management Alert Resilience Communications 52

Reciprocity

AUGUST 17, 2022

Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. As a result, organizations leveraging ERM are better prepared for risk control and know which risks can be mitigated or accepted. Risk measurement and mitigation.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Solutions Review

MARCH 31, 2023

Rob Price, Director, Field Security Office at Snow Software “Banking collapse, volatile economies, pandemics and cybercrime don’t change the fundamentals – data is the lifeblood of every organization and needs to be protected as such. Companies need to adhere to the law, govern data accordingly and have a recovery plan in place.

Backup 119

Backup Disaster Recovery Application Outage 119

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. In June 2020, the OCC warned banks about compliance risks related to the COVID-19 pandemic. The board sets the business objectives for your organization to manage and mitigate risks. FDIC), a primary U.S. Let’s look at several examples. Compliance Program.

Management 52

Management Audit Banking Media 52

everbridge

DECEMBER 19, 2023

Cybersecurity solutions increasingly harnessed these technologies to analyze extensive data, detect anomalies, and automate incident response, leading to quicker and more precise threat identification and mitigation. Infrastructure Resilience: Severe weather in 2023 led to heightened investments in infrastructure resilience.

Management 59

Management Travel Vulnerability Cybersecurity 59

Castellan

SEPTEMBER 8, 2021

According to the 2021 Business Continuity Management Event Impact Report , there are the top five events that led to business continuity response and recovery plan initiation in 2020: Pandemic/disease: 79% Power outages: 49% Hurricanes: 38% Fire/wildfires: 35% Cyber-attacks: 29%. What is This Year’s National Preparedness Month Theme?

Business Continuity 52

Business Continuity Disaster Preparedness Response Plan Crisis Management 52

Solutions Review

JANUARY 25, 2023

The pandemic accelerated the digitalization of customer interactions by several years, and there’s no turning back: we now live in an era of digital. The principle of least privilege is a substantial foundation all companies can establish when it comes to mitigating data security risks.

Backup 116

Backup Government Application Security 116

Solutions Review

DECEMBER 13, 2022

Data bias in machine learning models is one of the hottest topics in the AI industry for good reason; an AI model that rejects loan applications or increases insurance premiums for the wrong reasons will have a very deleterious effect. This will drive customer buying decisions and will be critical in mitigating the consumer lack of trust.

Backup 98

Backup Application Government Security 98

Stratogrid Advisory

JUNE 3, 2020

Regardless of their nature, weather-related events that cause havoc in our communities, pandemics that can wipe us out, or cyber-related incidents that can potentially shut-down our technology, these events require us to be more resilient. Insurance companies assess risks to determine the insurance premiums they will charge.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Regardless of their nature, weather-related events that cause havoc in our communities, pandemics that can wipe us out, or cyber-related incidents that can potentially shut-down our technology, these events require us to be more resilient. An added benefit to a more resilient organization will be lower insurance rates.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns.

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. Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns.

Healthcare 52

Healthcare Cybersecurity Security Government 52