Risk Management Monitor

JANUARY 27, 2022

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. As a result, it is more important than ever for companies to understand their cyber vulnerabilities and exposures so they can ensure they are properly covered. One way to do this is through analytics.

Insurance 66

Insurance Insurance Cybersecurity Response Plan 66

Bernstein Crisis Management

NOVEMBER 29, 2023

Legal and Compliance: For many industries, having a crisis management plan can be a legal or insurance-mandated necessity. Building Confidence: A solid plan reassures employees and stakeholders that the company is well-prepared, fostering trust and stability.

Crisis Management 209

Crisis Management Management Communications Strategic 209

Disaster Safety

OCTOBER 20, 2021

Questions Every Condo Owner Should Ask… Every condo owner should know the condition of their building and any vulnerabilities that could lead to costly repairs or compromise the structure’s integrity if not properly maintained. The post Condo Building Vulnerabilities appeared first on DISASTERSAFETY.ORG. Download Guide.

Vulnerability 52

Vulnerability Insurance Insurance 52

Reciprocity

MARCH 3, 2025

Manual vendor management creates critical vulnerabilities through fragmented documentation and inconsistent security assessments. This includes regular security assessments, vulnerability scanning every six months, and annual penetration testing. Legal expenses from patient lawsuits and class-action litigation can persist for years.

Healthcare 52

Healthcare Management Risk Management Audit 52

LogisManager

OCTOBER 17, 2024

Change Healthcare, a leading provider of data analytics, revenue cycle management, and payment solutions, found itself vulnerable due to flaws in its data management practices. The breach cascaded across Change Healthcare’s partners, including healthcare providers, insurers, and pharmaceutical companies.

Risk Management 52

Risk Management Healthcare Management Audit 52

MHA Consulting

FEBRUARY 9, 2023

There are four main strategies for mitigating risk : · Risk acceptance: Making a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. The Promise and Pitfalls of Insurance Insurance is the most frequently used and easiest method of risk transference.

Insurance 98

Insurance Insurance Outsourcing Mitigation 98

SRM

JULY 3, 2018

also brings an increased level of vulnerability. with increased opportunity comes increased vulnerability appeared first on Security Risk Management. This new era of technological revolution presents unprecedented opportunities for innovation, diversification, agility and cost optimisation. Yet the Industrial Revolution v4.1

Vulnerability 52

Vulnerability Cyber Resilience Disaster Recovery BCM 52

Reciprocity

FEBRUARY 12, 2025

Instead, they began with vulnerabilities in vendor systems. By focusing on key risk areas and leveraging the right tools, you can transform vendor onboarding from a potential vulnerability into a foundation for secure growth. Insurance certificates confirm protection. Manual processes hide risk exposure.

Evaluation 52

Evaluation Vulnerability Audit Risk Management 52

Solutions Review

DECEMBER 12, 2024

MSPs without a thorough understanding of legal obligations may find themselves vulnerable to lawsuits and significant financial losses, emphasizing the need for legal expertise in their operations. Cyber Liability insurance will increasingly require a privacy audit. These mistakes could lead to costly delays or re-dos.

Vulnerability 52

Vulnerability Cybersecurity Malware Audit 52

Pure Storage

FEBRUARY 15, 2024

Cyber insurance provider Coalition made the list, as did At-Bay, which leverages automation to quickly generate quotes and offers policyholders a vulnerability monitoring tool. Credit Approval and Insurance Underwriting In today’s app-driven world, consumers expect instant or near-instant action. Another sign of the AI boom?

Financial Services 98

Financial Services Insurance Insurance Banking 98

Reciprocity

FEBRUARY 4, 2025

This isn’t just about vendor assessments anymore it’s about managing an intricate web of AI-powered tools, remote access points, and digital dependencies that could each represent a potential vulnerability in your security posture. The resource intensity of manual processes creates its own vulnerabilities.

Risk Management 52

Risk Management Vulnerability Strategic Emergency Response 52

Pure Storage

FEBRUARY 15, 2024

Cyber insurance provider Coalition made the list, as did At-Bay, which leverages automation to quickly generate quotes and offers policyholders a vulnerability monitoring tool. Credit Approval and Insurance Underwriting In today’s app-driven world, consumers expect instant or near-instant action. Another sign of the AI boom?

Financial Services 98

Financial Services Insurance Insurance Banking 98

Pure Storage

APRIL 17, 2024

Unfortunately, even the most sophisticated organizations that deploy comprehensive hardware and software solutions are vulnerable. What we have been seeing in the industry is that once a site gets attacked, insurance companies send in investigators to determine the cause of the problem. What’s the Pure perspective on that?

Healthcare 104

Healthcare Insurance Insurance Authorization 104

Emergency Planning

MARCH 11, 2020

For example, civil aviation is particularly vulnerable. Thus, the vulnerability and fragility of people and society need to be seen in the light of socio-economic changes induced by the epidemic. Vast mutations in society, economy and social behaviour are possible. In each of the five categories there are opposites or alternatives.

Pandemic 130

Pandemic Tourism Hospitality Transportation 130

Pure Storage

MARCH 21, 2022

Their skills should include vulnerability diagnostics, digital forensics, the ability to analyze memory dumps and malware, and the ability to use analysis tools to perform a correlation analysis of security events. Other Contacts to Know.

Emergency Response 105

Emergency Response Emergency Response Backup Outsourcing 105

Pure Storage

SEPTEMBER 16, 2021

In this article I’ll start with the before of an attack and discuss what you should do and have in place to ensure you’re closing the gaps that create vulnerabilities and in-roads for attackers. They will learn if you have cybersecurity insurance, where from, and how much it’s for. Other Vulnerabilities to Note.

Security 98

Security Vulnerability Malware Authentication 98

NexusTek

OCTOBER 25, 2023

Penetration testing: This is an authorized, simulated attack on a company’s IT systems, which helps it to identify existing vulnerabilities. Patch management: This practice ensures that any identified vulnerabilities in software are addressed in a timely manner.

Cybersecurity 105

Cybersecurity Evaluation Vulnerability Risk Management 105

Solutions Review

DECEMBER 13, 2022

Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. As more backups are infected with ransomware and more storage and backup vulnerabilities are used to infiltrate other enterprise systems, the word is getting out – slowly. Insurance Refusals and Rate Hikes.

Backup 52

Backup Security Insurance Insurance 52

Disaster Safety

FEBRUARY 17, 2021

However, some areas are more vulnerable to them than others because of the fuel, topography, and weather in the area. Are there other parts of my home that may be vulnerable to embers from a wildfire? You can also p hysically move your device back to zoom out. . How do I know if I live in an area prone to wildfires? million U.S.

Vulnerability 65

Vulnerability Insurance Insurance Marketing 65

Pure Storage

AUGUST 2, 2021

Do we have a vulnerability and patch management program? Installing software patches and updating systems to eliminate vulnerabilities are the low-hanging fruit of security tasks. Also, include cyber insurance providers that can explain coverages and limitations. How do we measure its effectiveness? .

Benchmark 97

Benchmark Cybersecurity Application Vulnerability 97

MHA Consulting

MARCH 2, 2023

A strategy involving a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. The most vulnerable areas tend to be electrical power, data backups, and network connectivity. A related but higher level concept is that of risk mitigation strategies. Risk avoidance. Risk limitation.

Mitigation 95

Mitigation BCM Acceptable Risk Risk Management 95

Security Industry Association

SEPTEMBER 9, 2022

Public space is more vulnerable to a myriad of threats posed by commercial drones. The majority of, if not all, large public gatherings are provided by private organizations, including major sports events, concerts and festivals, which are our most vulnerable population. . The first-person view capability is a great example.

Government 98

Government Marketing Technology Authorization 98

Pure Storage

MARCH 29, 2024

Here are a few best practices to consider when implementing a strong data protection strategy: Implement an Active Threat and Vulnerability Management Program Before an attack , the adversaries are doing their homework: learning about your organization to understand the size and scope of their opportunity.

Backup 96

Backup Cybersecurity Architecture Resilience 96

Pure Storage

AUGUST 22, 2022

There are many options out there today and it’s important to vet your choice, have it on retainer, and validate it with your insurance company. Choosing the right incident response (IR) team is also a critical part of your preparation strategy.

Malware 122

Malware Backup Architecture Resilience 122

Reciprocity

MARCH 3, 2025

Manual vendor management creates critical vulnerabilities through fragmented documentation and inconsistent security assessments. This includes regular security assessments, vulnerability scanning every six months, and annual penetration testing. Legal expenses from patient lawsuits and class-action litigation can persist for years.

Healthcare 52

Healthcare Management Risk Management Audit 52

OffsiteDataSync

SEPTEMBER 27, 2021

According to Nuspire’s Josh Smith “Really no industry is safe…”, because the hackers will attack anyone they deem vulnerable. But, a number of industries have been hit this year including agriculture , manufacturing , entertainment , insurance , and more.

Entertainment 52

Entertainment Malware Disaster Recovery Insurance 52

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. Is firewall protection used?

Healthcare 52

Healthcare Management Vulnerability Risk Management 52

Pure Storage

JULY 17, 2023

According to the strategy, investing in a resiliency architecture means: Reducing vulnerabilities in foundational technology—including critical infrastructure such as storage, which should be capable of tiered backups, immutable snapshots, and fast recovery times. It’s the best way to have every chance at recovering after a security event.

Cybersecurity 98

Cybersecurity Resilience Architecture Backup 98

Security Industry Association

AUGUST 4, 2022

Many schools were designed with smaller buildings arranged in groups, maximizing the shape of the plot of land available to the project, with administration buildings attached to areas of public gathering (gymnasiums, auditoriums and cafeterias) – typically these are the most vulnerable areas.

Activation 98

Activation Security Architecture Mitigation 98

Pure Storage

DECEMBER 6, 2021

Continue forensics efforts and work in tandem with the proper authorities, your cyber insurance provider, and any regulatory agencies. If your service providers say they have remedied vulnerabilities, ask for verification this has occurred. . Without these, other business applications may not come back online or function correctly.

Insurance 72

Insurance Insurance Authorization Malware 72

Assurance IT

JUNE 3, 2021

This term, AI Fuzzing is a tool that integrates AI with regular fuzzing techniques which capture software vulnerabilities. Although, this can help your enterprise, fix and capture dangerous vulnerabilities, cybercriminals can use this to start and automate zero-day attacks. Machine Learning Poisoning.

Vulnerability 52

Vulnerability Disaster Recovery Insurance Insurance 52

Pure Storage

FEBRUARY 15, 2024

Cyber insurance provider Coalition made the list, as did At-Bay, which leverages automation to quickly generate quotes and offers policyholders a vulnerability monitoring tool. Credit Approval and Insurance Underwriting In today’s app-driven world, consumers expect instant or near-instant action. Another sign of the AI boom?

Financial Services 52

Financial Services Insurance Insurance Banking 52

Online Computers

MARCH 14, 2024

Patient data, containing sensitive information ranging from medical histories to insurance details, has become a lucrative target for cybercriminals. Every piece of data, from medical records and treatment plans to billing and insurance details, contributes to a comprehensive understanding of the patient's health history.

Healthcare 52

Healthcare Cybersecurity Malware Insurance 52

Pure Storage

FEBRUARY 15, 2024

Cyber insurance provider Coalition made the list, as did At-Bay, which leverages automation to quickly generate quotes and offers policyholders a vulnerability monitoring tool. Credit Approval and Insurance Underwriting In today’s app-driven world, consumers expect instant or near-instant action. Another sign of the AI boom?

Financial Services 52

Financial Services Insurance Insurance Banking 52

Solutions Review

SEPTEMBER 14, 2021

Description: Throughout this course, we will discuss what comprises Risk (assets, threats, and vulnerabilities), providing numerous real-world examples along the way. We will also cover Qualitative and Quantitative Risk Measurements, showing how you can calculate the risk of an uncertainty due to vulnerabilities and threats.

Risk Management 98

Risk Management Management Government Vulnerability 98

Pure Storage

MARCH 21, 2024

The multinational health insurance and services company has been knee-deep in this nightmare since its technology unit, Change Healthcare, was targeted by the BlackCat/ALPHV ransomware affiliate in late February. UnitedHealth Group does not need to imagine this scenario.

Healthcare 97

Healthcare Hospitality Architecture Cybersecurity 97

Solutions Review

SEPTEMBER 9, 2021

Description: Archer IT & Security Risk Management enables users to document and report on IT risks and controls, security vulnerabilities, audit findings, regulatory obligations, and issues across their technology infrastructure. Platform: Archer IT & Security Risk Management.

Risk Management 98

Risk Management Management Audit Hospitality 98