The Last Watchdog

AUGUST 8, 2022

Add in an increasing focus on data becoming a crucial enterprise asset—as well as the introduction of countless database and analytical tools, digital twins, artificial intelligence, and machine learning—and we are dealing with unprecedented technical complexities and risk. But think of the risks. Digital twins are incredibly useful.

Security 210

Security Artificial Intelligence Risk Cybersecurity 210

eSecurity Planet

FEBRUARY 11, 2022

Risk management is a concept that has been around as long as companies have had assets to protect. The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. What is Cybersecurity Risk Management? Setting Up Your Risk Management System.

Risk 121

Risk Cybersecurity Encryption Access 121

OpenText Information Management

APRIL 2, 2024

As new technologies emerge, so do the financial risks associated with their adoption. In its recent assessment, Time has identified “ungoverned AI” as one of the top risks of 2024. This underscores the imperative need for organizations to proactively approach their risk analysis. But that’s not all.

Risk 76

Risk Privacy Data Privacy Data breaches 76

AIIM

AUGUST 19, 2021

Despite the proven operational improvements to be gain by going paperless, paper is still prevalent in too many core business processes today including loan applications, insurance claims, and customer onboarding. Reduced Business Risks: A fully digital environment allows you to work not only faster, but also safer.

Paper 209

Paper ECM Digital transformation Insurance 209

IBM Big Data Hub

JANUARY 22, 2024

The photo will expedite the recovery process and help when filing a police report or a possible claim with your insurance company. The post How to handle a ransomware attack appeared first on IBM Blog. Notify the security team Once you’ve disconnected the affected systems, notify your IT security team of the attack.

Ransomware 113

Ransomware Encryption Analytics Data breaches 113

IT Governance

SEPTEMBER 27, 2022

The framework consists of five interrelated stages (or ‘layers’) to mitigate the risk of data breaches: detection, protection, management, response and recovery. Organisations should prepare for these attacks by implementing robust cyber security controls and ensuring that employees know how to manage cyber security controls.

Data breaches 119

Data breaches Government Insurance Risk 119

IT Governance

MAY 3, 2019

An RTP (risk treatment plan) is an essential part of an organisation’s ISO 27001 implementation process, as it documents the way your organisation will respond to identified threats. What are your risk treatment options? What are your risk treatment options? Avoid the risk by ceasing any activity that creates it.

Risk 72

Risk Information Security Communications Insurance 72

eSecurity Planet

OCTOBER 18, 2022

First, call the cyber insurance company that issued the organization’s cybersecurity policy. Most insurance companies require specific incident response vendors, procedures, and reporting that must be met to meet the standards to be insured. Insured companies often will not have options. The First Calls After an Attack.

Ransomware 129

Ransomware Encryption Insurance Access 129

Krebs on Security

JUNE 15, 2023

TechCrunch has been tracking the fallout from victim organizations , which range from banks and insurance providers to universities and healthcare entities. “So how to mitigate the impact of having to use a domain-joined network appliance at the edge of your network that is going to get zero-day in it? ”

Risk 202

Risk Ransomware Cybersecurity Access 202

Collibra

APRIL 9, 2021

Recapping a discussion moderated by Stijn Christiaens and featuring insurance data experts from Deloitte UK . Insurance is a data-intensive business. Insurance companies need data to better assess risks and price policies competitively, but also profitably. Drivers for cloud adoption. Mobilizing data governance programs.

Insurance 59

Insurance Cloud Data science Analytics 59

IT Governance

JANUARY 5, 2018

A risk assessment is the process of identifying, analysing and evaluating risk. Carrying out a risk assessment is the only way to ensure that the cyber security controls chosen for your organisation are appropriate to the risks it may face. What does a cyber security risk assessment include?

Risk 72

Risk Information Security Insurance Security 72

The Last Watchdog

MAY 10, 2021

With RSA Conference 2021 technical sessions getting underway today, I sat down with Fred Kneip, CEO of CyberGRX , to hash over the notion that a lot of good could come from more systematic sharing of the risk profiles that large enterprises routinely compile with respect to their third-party contractors. Crowdsourcing risk profiles.

Risk 147

Risk Insurance Access Security 147

Threatpost

JULY 19, 2018

In this InfoSec Insider cyber insurance expert Nick Sanna discusses how to balance threat exposures and protecting assets with insurance against hacking, breaches and vulnerabilities.

Insurance 46

Insurance Risk Security 46

IT Governance

SEPTEMBER 13, 2022

The framework consists of five interrelated stages (or ‘layers’) to mitigate the risk of data breaches: detection, protection, management, response and recovery. . It’s only by understanding the threats you face and where your cyber defences are most at risk that you can implement appropriate defences. . Stage 1: Detection.

Risk 110

Risk Security Data breaches Phishing 110

eSecurity Planet

DECEMBER 9, 2021

We make IT, security, or any business decision by weighing the risks and the rewards. Be in-line with insurance policies. Be in-line with insurance policies. Insurance policies can also heavily influence how we respond to an incident—particularly cybersecurity. Document contingencies. Plan at a high level.

Insurance 116

Insurance Ransomware Data breaches Cloud 116

eSecurity Planet

AUGUST 27, 2021

Cyberattacks caused by supply chain vulnerabilities mean organizations need a renewed perspective on how to address third-party security. In a developing market, third-party risk management (TPRM) software and tools could be the answer to helping organizations fill the gap. Best Third-Party Risk Management (TPRM) Tools.

Risk 129

Risk Compliance Marketing Cybersecurity 129

Hunton Privacy

MAY 27, 2015

In a webinar, entitled Cyber Insurance: Addressing Your Risks and Liabilities , hosted by Hunton & Williams LLP and CT , Hunton & Williams partners Lon A. Berk and Lisa J. Download a copy of the webinar.

Insurance 45

Insurance Risk Data breaches Education 45

KnowBe4

APRIL 25, 2023

CyberheistNews Vol 13 #17 | April 25th, 2023 [Head Start] Effective Methods How To Teach Social Engineering to an AI Remember The Sims? link] [Head Scratcher] More Companies With Cyber Insurance Are Hit by Ransomware Than Those Without? Well Stanford created a small virtual world with 25 ChatGPT-powered "people."

Insurance 67

Insurance Security awareness Phishing Ransomware 67

AIIM

NOVEMBER 23, 2021

As we engaged in a bit of Socratic dialogue, it became clear to us all that the perceived role of information governance had to shift from a singular focus on risk and cost reduction. How to Create an Information Governance Strategy Your Executives Care About. Create a risk/value framework. If so, don't lose hope.

Information governance 115

Information governance Government Customer Experience Archiving 115

Hunton Privacy

JULY 16, 2021

The Proposed Guidance seeks to promote consistency in banking organizations’ third-party risk management, replacing agency-specific guidance with a framework that applies to all banking organizations supervised by the Regulators.

Risk 81

Risk Insurance Sales Encryption 81

Schneier on Security

APRIL 12, 2018

Good article about how difficult it is to insure an organization against Internet attacks, and how expensive the insurance is. But even with 20 years' worth of experience and claims data in cyberinsurance, underwriters still struggle with how to model and quantify a unique type of risk.

Insurance 47

Insurance Cybersecurity Data breaches Retail 47

The Last Watchdog

APRIL 8, 2024

Related: The ‘cyber’ case for D&O insurance Vanessa Pegueros knows this all too well. She serves on the board of several technology companies and also happens to be steeped in cyber risk governance. How does the SEC’s stricter rules come into play, for instance. Security is just one risk element of this reality.

Compliance 166

Compliance Cybersecurity Risk Mining 166

IT Governance

NOVEMBER 7, 2018

Along with business continuity planning , it’s an essential strategy for managing the ever-increasing risk of disruption. Disaster recovery is effectively a form of insurance; you are spending money preparing for a scenario that you hope never occurs. Perform a risk assessment and business impact analysis.

Insurance 113

Insurance Risk Data breaches Government 113

eSecurity Planet

AUGUST 4, 2023

But ignoring issues that you lack the time or expertise for can risk operational failure or security incidents. Most organizations seek to eliminate these risks by outsourcing specific projects or even their full IT or cybersecurity needs. In smaller companies, the issues become even more profound. You can unsubscribe at any time.

IT 83

IT Compliance Cybersecurity Communications 83

KnowBe4

MARCH 28, 2023

CyberheistNews Vol 13 #13 | March 28th, 2023 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks Users need to adapt to an evolving threat landscape in which attackers can use AI tools like ChatGPT to craft extremely convincing phishing emails, according to Matthew Tyson at CSO. "A Don't get caught in a phishing net!

Phishing 78

Phishing Security awareness Insurance Cybersecurity 78

Ascent Innovations

SEPTEMBER 14, 2023

Support plans, like insurance, are boring. Allocating money for a service that you may not need all the time can seem like an acceptable risk. Author: Matthew Newcomb Senior Solution Consultant Follow: The post How to Find the Right Microsoft AX 2012 Support Partner appeared first on Ascent Innovations LLC.

Insurance 52

Insurance Risk IT 52

Hunton Privacy

OCTOBER 14, 2019

From physical threats to cyber attacks targeting a wide range of critical infrastructure, companies in diverse sectors, such as the financial, retail, entertainment, energy, transportation, real estate, communications and other areas, face a challenging landscape of risks and potential liabilities. Join us on October 28, 2019, at 12:00 p.m.

Insurance 49

Insurance Security Retail Risk 49

HL Chronicle of Data Protection

MAY 7, 2019

Please join the Hogan Lovells Privacy and Cybersecurity team on May 15 for our webinar, Hacking 101: How it Works and How to Mitigate Risk. We will explore how certain common hacks work from a technical perspective and how to mitigate related risks from a legal and compliance perspective.

Risk 40

Risk IT Compliance Privacy 40

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

Insurance 66

Insurance Risk Marketing Cybersecurity 66

IT Governance

FEBRUARY 5, 2018

Increased interest in cyber insurance. With more than 800 million records being leaked in 2017 ( find out more in our Breaches and Hacks Blog Archive ), it’s not surprising that cyber insurance business has increased in recent months. Insurers assess an organisation’s cyber risk to set premium levels.

Insurance 71

Insurance Risk Government Paper 71

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 117

Risk Financial Services Insurance Cybersecurity 117

IT Governance

FEBRUARY 15, 2019

You’ll have a clear understanding of what each control does, how it fits into your organisation and why it’s worth the cost of investment. It helps organisations protect themselves from cyber risks, defend against and limit the severity of attacks, and ensure that business operations continue to function. Identifying risks.

Risk 83

Risk GDPR Communications Insurance 83

Armstrong Archives

JULY 9, 2021

In 1996, the Health Insurance Portability and Accountability Act (HIPAA) established a set of regulations involving the storage of and destruction of protected health information (PHI). To avoid risks of violating HIPAA compliant storage requirements for paper records, there are a few steps a practice should take: Create physical safeguards.

Paper 52

Paper Archiving Compliance Access 52

The Last Watchdog

JUNE 2, 2022

Third-Party Risk Management ( TPRM ) has been around since the mid-1990s – and has become something of an auditing nightmare. Related: A call to share risk assessments. This is because third-party risk has become a huge problem for enterprises in the digital age. Cyber risks profiling. This alone was a huge improvement.

Security 248

Security Risk Digital transformation Cybersecurity 248

AIIM

NOVEMBER 13, 2017

Why would an insurance customer accept submitting data for an insurance claim in paper and then waiting for days/weeks as in the past. The top ones that come to mind are impact on profitability, compliance risk and falling behind the competition. Consumerization drives these changing requirements.

Digital transformation 103

Digital transformation B2C Insurance Paper 103

Collibra

MARCH 11, 2024

While AI offers great opportunities, it can also present enormous risks. With the increased focus on AI, organizations need to prepare for the future with strong AI governance to mitigate risks and increase ROI. But how do you start? It is in our homes, our businesses, and our schools — and it’s here to stay.

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Government Cloud Metadata Insurance 102

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. How to choose a GRC platform. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management.

Compliance 57

Compliance Risk Government Retail 57