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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

Insurance 118
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Record Retention Policy for Businesses: A Strategic Guide to Compliance and Efficiency

Armstrong Archives

Whether it’s maintaining regulatory compliance or simply making tax season easier, an effective record retention strategy is paramount. Each category will have different legal and operational retention requirements. Keeping track of your records as a business has never been more important. financial, personnel, customer-related).

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What Is Integrated Risk Management? Definition & Implementation

eSecurity Planet

For example, a clothing brand might select a business objective such as to develop unique and appealing designs. In the examples above, the clothing brand will use traditional and computer-aided design prototyping and marketing research. What objectives deliver maximum value to shareholders?

Risk 65
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A guide to the GDPR for insurance companies

IT Governance

The EU General Data Protection Regulation (GDPR) is designed to harmonise data protection laws across the EU, but certain industries will have to respond differently in order to achieve compliance. A report published by research and consultancy company Celent highlights the challenges that the GDPR presents to insurers.

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Written IT Security Policies: Why You Need Them & How to Create Them

eSecurity Planet

In this article, we’ll briefly touch on what policies are; tips for writing them; and the advantages policies provide for compliance, transitions, and IT team liability. Policies can cover multiple technologies, but should be labeled clearly for internal and compliance auditor reference. Written documentation.

IT 121
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How to build a successful risk mitigation strategy

IBM Big Data Hub

Compliance risk: When an organization violates rules both internal and external, putting its reputation or finances at risk. Legal risk: This is a compliance risk that involves the organization breaking government rules, resulting in a risk of financial and reputational loss.

Risk 70
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How to Find & Choose IT Outsourcing Services

eSecurity Planet

However, a search for IT outsourcing, MSP, VAR, or a similar sub-category will produce many more results about the topic than potential candidates. Compliance Certificates and Capabilities Organizations bound by compliance regulations will need vendors capable of understanding and complying with the requirements.

IT 98