Posts about:
In its simplest form, business continuity planning (sometimes referred to as business continuity management) is how you prepare for resilience of systems, business processes, and overall operations during adverse circumstances. Business continuity planning is a multi-faceted process, most often including these elements:
NOTE: This article may contain outdated information. See the updated article for details: Updated Ransomware Self-Assessment Tool (R-SAT 2.0).
In August 2020, the US-CERT Cybersecurity & Infrastructure Security Agency published an alert regarding a malicious actor using COVID-19 as an opportunity for phishing and compromising credentials. The bad actor was sending a phishing email with a link to a spoofed version of the COVID-19 loan relief webpage. As usual, malicious actors are ruthless but clever.
In the process of conducting a work from home risk assessment, once you have identified reasonably foreseeable threats to your organization and data, the next step is to evaluate and implement controls.
If you have decided to conduct a work from home risk assessment, the first step in the process is to identify reasonably foreseeable threats. In the context of a remote work environment, you should be evaluating people, process, and technology threats. The success of such a threat may result in the compromise of your customer, member, or organization data. Here are five threats to keep in mind, as you begin your risk assessment.
Securing customer, member, and organization data while employees work remotely is a timeless topic, but it takes on a unique angle when organizations are doing so out of an effort to continue operations amid a pandemic.
Yes, I was able to check the box on my audit that asked if we have a Business Continuity Plan (BCP). I was even able to say it was approved by our Board within the past 12 months. My compliance checklist is clean, but how do I know if the plan will really help during a disaster?
The introduction and rise of the coronavirus, also known as COVID-19, has caused many to ask, "Are we prepared for a pandemic?" For financial institutions, pandemic planning has been part of the business continuity management process since its introduction in the 2008 version of the FFIEC's Business Continuity Planning booklet. But what about your vendors? Are they as prepared as you are? This article will help you know which vendors need to be prepared for a pandemic, as well as what steps you can take to ensure they are ready.
One of the early stages of effective vendor management is performing a vendor risk assessment. This article will help you skip past the complex terminology and get you right into understanding what a vendor risk assessment is and how you can perform one in three simple steps.
The overall success of an organization can be linked closely to the security, stability, and quality of their third parties. Therefore, vendor management is a critical part of an organization's business strategy and many companies are turning to third-party risk management software to help evaluate, monitor, and manage their vendors.