This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Change Healthcare’s 2024 Data Breach: Key RiskManagement Lessons Last Updated: October 17, 2024 In 2024, Change Healthcare faced a significant data breach that rippled across the healthcare industry, highlighting how risks are interconnected and can spread beyond their point of origin.
Digital risk is created by the new technologies that a company adopts to help accelerate its digital transformation. Digital riskmanagement refers to how a company assesses, monitors, and treats those risks that arise from digital transformation. Digital riskmanagement is a critical part of business management.
Digital risk is created by the new technologies that a company adopts to help accelerate its digital transformation. Digital riskmanagement refers to how a company assesses, monitors, and treats those risks that arise from digital transformation. Digital riskmanagement is a critical part of business management.
His deep passions draw from his years of weather riskmanagement, emergency management instruction and broadcast meteorology on a local and national stage. He is currently the VP of Risk Communications and Chief Meteorologist of and represents the products and services of WeatherCall Services, LLC.
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 riskmanagement (ERM) comes in.
Enterprise riskmanagement is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. Factor analysis of information risk (FAIR) provides a common risk mitigation vocabulary to help you to address security practice weaknesses.
Enterprise riskmanagement (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of riskmanagement and response in all business processes, including cybersecurity, finance, human resources, riskmanagement audit , privacy, compliance, and natural disasters.
Vendor riskmanagement (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party riskmanagement begins with due diligence before signing a contract, as with any riskmanagement program.
Enterprise security riskmanagement helps you connect the dots. The threats your business faces blur the line between digital and physical. Learn more here.
Enterprises will continue to grapple with a relentless and intricate risk landscape; rather than facing isolated threats, they are confronted with a complex web of interconnected challenges. Some herald artificial intelligence in riskmanagement as a remarkably potent solution, capable of addressing our most pressing challenges head-on.
Protecting your corporate website as an enterprise riskmanagement strategy can keep your data, customers, sensitive information, and reputation safe. Why Protecting Your Corporate Website as an Enterprise RiskManagement Strategy Matters? People follow your website and social media presence to learn about you.
This complex web of dependencies means one vulnerable service can impact entire business operations, making risk assessment increasingly challenging as critical processes rely on multiple vendor relationships. Business disruption ripples throughout the organization when third-party riskmanagement fails.
Whether the company you work for has five employees or 5,000, it should have a risk governance program. Specifically, it should have policies and procedures covering the five key areas of data retention, data access, device security, people security, and social media. Let’s look at them one by one.
Episode 108: Sustainability Is the Missing Key to RiskManagement Sustainability is a huge buzzword in the context of the environment and business practices. Keith has more than 20 years of experience in energy market development and energy trading and riskmanagement. But what is sustainability, and why does it matter?
Episode 108: Sustainability Is the Missing Key to RiskManagement. Keith has more than 20 years of experience in energy market development and energy trading and riskmanagement. LinkedIn: [link] Disaster Recovery Journal: [link] Episode 108: Sustainability Is the Missing Key to RiskManagement.
Episode 108: Sustainability Is the Missing Key to RiskManagement. Keith has more than 20 years of experience in energy market development and energy trading and riskmanagement. LinkedIn: [link] Disaster Recovery Journal: [link] Episode 108: Sustainability Is the Missing Key to RiskManagement.
AuditBoard also streamlines audit, risk, and compliance programs with an enterprise workflow engine purpose-built to automate interaction across those three lines. Enablon also allows users to establish, manage, and track Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) to better meet objectives.
During COVID, business tended to focus on only two of the five risk types; however, organizations that want to prosper over the long term need to be cognizant of and plan for all five kinds of risk. In recent years, social media has added a volatile new element to reputational risk.
The findings reveal an unprecedented lack of trust in governments, business leaders, and the media, with distrust tied to economic inequality and a pervasive sense of societal unfairness. About TAL Global TAL Global specializes in security consulting and riskmanagement, offering tailored solutions for your organization.
Episode 89: The Four Vectors of Risk – RiskManagement Strategies to Follow in 2022 This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. Request a demo at [link] today! LinkedIn: [link] Disaster Recovery Journal: [link]
Episode 89: The Four Vectors of Risk – RiskManagement Strategies to Follow in 2022 This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. Request a demo at [link] today! LinkedIn: [link] Disaster Recovery Journal: [link].
Episode 89: The Four Vectors of Risk – RiskManagement Strategies to Follow in 2022 This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. Request a demo at [link] today! LinkedIn: [link] Disaster Recovery Journal: [link]
Episode 154: What We Can Learn from the Silicon Valley Bank Failure and Leadership in RiskManagement The Silicon Valley Bank failure sent a strong ripple effect through the financials of several prominent companies, and instilled some fear that other banks might fail as well.
Concerns about escalating cyber activity around the crisis are a vivid reminder of the importance of knowing your threat model and adjusting your riskmanagement priorities accordingly. For example, given the tragic events and breaking developments around the conflict, many may be glued to news or social media.
Geopolitical risk is arguably at the highest level it’s been in 50 years. Try a Dose of RiskManagement A World in Tumult There’s a consensus among the key executives I’ve talked to recently: the current global environment contains more risk for organizations than at any time in the last half century.
AI Risk Assessment and NIST AI 100-1 As AI technology continues to advance, organizations must recognize and address the unique risks associated with it. The National Institute of Standards and Technology (NIST) developed the NIST AI RMF (RiskManagement Framework) to assist organizations in managing these risks.
from a range of sources including threat intelligence feeds, IT system intelligence, public safety information, weather status and forecast, social media information, and in the case of a physical threat, data from the location of the threat. ANALYZE – Evaluate actions taken and understand patterns to improve disaster risk reduction.
The Arrival of Business Resilience In recent years, the rise of extreme weather, global instability, the pandemic, social media, cloud computing, cybercrime, and customer expectations about always-on services have all contributed to the sense that a more strategic, holistic approach was called for.
Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in riskmanagement. A risk assessment forms the backbone of your overall riskmanagement plan. Security risks aren’t the only type of risk that organizations face.
Once companies are required to be in compliance with DORA in early 2025, banks’ responsibilities for operational risks will expand to include protection, detection, containment, recovery, and repair capabilities against information and communication technologies (ICT) incidents. The key metric of success was a low cost of ownership.
Fusion RiskManagement surveyed 1,000 employees of organizations across the globe to see how companies are preparing for disruptions , where they may be falling short, and what this means for the future of riskmanagement , business continuity, and operational resilience. The post Over 1 in 4 U.S.
Scholarship funds can be used to expand knowledge in the areas of business, human resources (HR), information technology (IT), marketing, sales, project management, security engineering and/or riskmanagement, and can also be used toward student loan repayment.
In our previous blog “ The Importance of Ongoing Monitoring ,” we discussed what we often describe as the forgotten pillar of third-party riskmanagement: ongoing monitoring. Third-party riskmanagement is one step removed – you’ve outsourced an activity, and you’re now relying on your third party to manage the complaints.
We organize all of the trending information in your field so you don't have to. Join 25,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content