Behavior Group

JULY 13, 2018

Not Ready for GDPR, data protection officer, personal data The industries most affected will be those that collect large amounts of customer data, including technology companies, retailers, healthcare providers, insurers and… Continue reading.

Retail

Advancing Analytics

JANUARY 27, 2023

Here are a few examples: Retail : Retail companies use customer 360 views to gain a deeper understanding of their customers' purchasing habits and preferences. Risk assessment : Use machine learning to assess the risk profile of customers, which can be used to inform decisions such as credit approval or insurance underwriting.

Telecommunications

Advancing Analytics

MAY 23, 2022

Auto-insurer Tokio Marine use computer vision system for examining damaged vehicles. In the insurance business, Tokio Marine, a Japanese-based property and casualty insurer use computer vision to analyse and evaluate damaged cars, speeding up the evaluation process. Source: isurancejournal.com. Source: Amazon.com.

Advertising

everbridge

DECEMBER 19, 2023

In the corporate sphere, retail giants responded with strategic investments in resilient infrastructure and diversification of supply chains to adapt to climate change impacts. These forecasts facilitated efficient evacuation plans and substantially reduced the loss of life during hurricanes and floods.

Management

Pure Storage

FEBRUARY 24, 2022

These services are also used by airlines, insurance companies, agricultural agencies, transportation services, freight companies, and event organizers. To start, weather data is organized and analyzed using advanced GIS systems that provide forecasting and mapping services. auto-generate orders. prepare and send invoices.

Healthcare

Online Computers

NOVEMBER 15, 2022

If your business belongs to the health, finance, retail, or manufacturing industry, it needs to adhere to certain data security and privacy laws. Compliance with these regulations is not only required, but it also aids organizations like yours in achieving higher integrity and information systems security and availability.

Security

Reciprocity

APRIL 4, 2022

Each new online connection, however, increases an organization’s attack surface, making it more likely that the company will be hacked.

Mitigation

Reciprocity

AUGUST 24, 2022

For example, retail is now “e-tail,” manufacturing plants are increasingly automated, and nearly every step of the hiring and contracting process happens online, from application to background checks to payroll. The advent of the digital age is partly to blame.

Risk Management

NexusTek

SEPTEMBER 16, 2019

During the week of August 25-31, when Hurricane Harvey [1] made landfall in Texas, retail sales in Houston dropped 59% compared to the previous week, and total consumer spending fell 42.5%. Following Hurricane Katrina, about 19,000 New Orleans-area businesses shut down forever (source: Census Bureau).

Disaster Recovery

FS-ISAC

JUNE 12, 2023

The Index is facilitated by long-time FS-ISAC sponsor Security Risk Advisors, but it is developed by a wide group of intel, red, and fusion center leads from retail banks, asset managers, fintechs and insurers. We call it the Index because it is a prioritized cross section of MITRE ATT&CK.

Benchmark

FS-ISAC

JUNE 12, 2023

The Index is facilitated by long-time FS-ISAC sponsor Security Risk Advisors, but it is developed by a wide group of intel, red, and fusion center leads from retail banks, asset managers, fintechs and insurers. We call it the Index because it is a prioritized cross section of MITRE ATT&CK.

Benchmark

BMC

JUNE 18, 2025

If you have a cyclical business where you have significantly busier months than others (think Christmas rush for retail), then you must size your machine to have the capability to always run at peak performance, even during the slow times of your year. Purchase additional capabilities as you need them.

Internet

Solutions Review

APRIL 21, 2022

In 2021, businesses in the U.S.

Media

Reciprocity

SEPTEMBER 30, 2022

And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety.

Healthcare

Reciprocity

AUGUST 18, 2022

Passing or sharing the risk via insurance, joint venture, or another arrangement. The two fundamental components of ERM are (1) the evaluation of significant risks, followed by (2) application of adequate responses. Those responses to risk include: Acceptance of a risk. Prevention or termination of a risk.

Risk Management

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.

Risk Management

Reciprocity

MARCH 24, 2022

For example, the Health Insurance Portability and Accountability Act (HIPAA) and the Payment Card Industry Data Security Standard (PCI DSS) , among others, require vendor compliance. Here are some types of risks to look for. Do your vendors comply with applicable regulations and industry standards?

Risk Management

Reciprocity

JANUARY 12, 2023

If your organization has a presence in California or does business with California residents, then it most likely needs to comply with the California Consumer Privacy Act (CCPA). Enacted in 2020, the CCPA is a landmark privacy law in the United States with a long reach and tough regulatory obligations.

Audit

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. Each one has a specific meaning, and the distinction between the two is important. A risk assessment forms the backbone of your overall risk management plan.

All-Hazards

Erwood Group

JANUARY 28, 2024

Another is through gaining insurance coverage without increasing the premium from the provider. One such way is through the acquisition of new clients by showing the stability of the business to withstand and respond to disruptions effectively.

Business Continuity

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. Ideally, your CMS is an integrated system to govern that program, which should include employee training, focused business processes, operational reviews, and corrective action strategies. FDIC), a primary U.S.

Management

Solutions Review

JANUARY 25, 2023

Fortunately, there are laws and regulations that help to take some of the burden off of our shoulders; such as the General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and Health Insurance Portability and Accountability Act (HIPAA).

Backup

Reciprocity

DECEMBER 27, 2022

Managing all your governance, risk, and compliance (GRC) needs is no easy task.

Government

Reciprocity

DECEMBER 19, 2022

Corporate compliance programs are to a company’s business operations; you are required by law to comply with various regulations (read: not optional), and a compliance program lets a company navigate those duties with more efficiency and discipline. The larger your organization grows, the more regulations and compliance burdens you encounter.

Audit

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.

Internet

Reciprocity

SEPTEMBER 23, 2022

The California Consumer Privacy Act (CCPA) , heralded as the U.S. version of the European Union’s General Data Protection Regulation ( GDPR ), has many American companies overhauling their approach to privacy protection in data processing activities.

Government

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.

Management

Reciprocity

AUGUST 17, 2022

Modern organizations operate in a highly complex environment.

Strategic

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

Reciprocity

MARCH 24, 2022

Fraud is a constant concern for businesses and other corporate organizations everywhere. According to PwC’s Global Economic Crime and Fraud Survey 2020 , 47 percent of U.S. companies had experienced fraud in the previous 24 months. Another 35 percent were asked to pay a bribe.

Audit

Risk Management Monitor

OCTOBER 25, 2022

retail sales fell in May as supply chain challenges drove a decrease in major purchases like vehicles, and record high gas prices pulled spending away from other goods. Inflation’s Impact on the Insurance Market. With high unemployment and higher costs, this also poses a risk to employment practices liability (EPL) insurers.

Insurance

Fusion Risk Management

AUGUST 12, 2024

The Third-Party Threat There seems to have been a lot of confusion around how to classify this incident; some see it as a digital or cyber issue, attempting to claim on their cyber insurance. 13 It speaks to the fact that third parties and Operations, Security, and IT teams are now all intrinsically linked. 3 billion 12.

Outage

Online Computers

FEBRUARY 22, 2022

You might be able to find a sale, but more than likely, you’ll end up paying the full retail price. Beyond the factors of salary, insurance, and other expenses related to that employee, you also have to consider how an MSP can save you money in different ways. Let’s use some general numbers here.

Outsourcing

Plan B Consulting

JULY 6, 2022

Losers Winners Tourism Aviation Entertainment Labour-intensive industries and countries Insurance and equity market investors Luxury goods, non-food retailers, shopping malls Telecommunications Pharmaceutical companies Home entertainment and media Healthcare Cleaning product manufacturers Freight delivery 7.

Pandemic

Plan B Consulting

JULY 6, 2022

Losers Winners Tourism Aviation Entertainment Labour-intensive industries and countries Insurance and equity market investors Luxury goods, non-food retailers, shopping malls Telecommunications Pharmaceutical companies Home entertainment and media Healthcare Cleaning product manufacturers Freight delivery.

Pandemic

Plan B Consulting

JULY 6, 2022

Losers Winners Tourism Aviation Entertainment Labour-intensive industries and countries Insurance and equity market investors Luxury goods, non-food retailers, shopping malls Telecommunications Pharmaceutical companies Home entertainment and media Healthcare Cleaning product manufacturers Freight delivery.

Pandemic

PagerDuty

JANUARY 21, 2025

I worked with a CIO at an insurance company who challenged his team to accept smart risks. Understanding your customers is keywhether thats your end-users or internal teams like retail banking or brokerage groups. Its really about figuring out where you can accept some level of risk. How do you see this evolving?

Financial Services