Archive | Business Risks

InsureTech – Going down the Rabbit Hole

Lately, we have all been hearing and reading a lot about InsureTech. Frankly, I have to admit that I don’t exactly understand what the term means. What I do understand is that underwriters, brokers and direct writers have invested millions

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Taking a Risk-Based Approach to IRM Yields Actionable Insights Aligned With Business Objectives

Gartner’s 2018 Magic Quadrant for Integrated Risk Management positions LogicManager highest for ability to execute and identifies a shift in focus by end-user organizations from compliance-based GRC to IRM solutions. The Gartner report states that “IRM goes beyond traditional, compliance-driven

The post Taking a Risk-Based Approach to IRM Yields Actionable Insights Aligned With Business Objectives appeared first on insBlogs.

Facebook’s Failure to Mitigate Cyber Risks Could Cost Billions

In late September, Facebook announced that it had discovered a breach in its network that had exposed the personal data of nearly 50 million users to hackers. The hackers exploited a feature in Facebook’s code to gain access to user accounts,

The post Facebook’s Failure to Mitigate Cyber Risks Could Cost Billions appeared first on insBlogs.

How to Audit Cyber Risk

The volume and complexity of the data companies collect is increasing exponentially, which creates major challenges for audit professionals. When we surveyed hundreds of risk professionals, a staggering 72% considered their company to be most vulnerable in cybersecurity. So, it’s no surprise

The post How to Audit Cyber Risk appeared first on insBlogs.

Uber is Caught in a Risk Management Bind. How Can They Get Out?

Uber has agreed to pay a hefty $148 million settlement after concealing a data breach in 2016 containing 57 million users’ data. In hopes of preventing this from recurring, it’s time for Uber to reassess their risk management practices, and

The post Uber is Caught in a Risk Management Bind. How Can They Get Out? appeared first on insBlogs.

Uber is Caught in a Risk Management Bind. How Can They Get Out?

Uber has agreed to pay a hefty $148 million settlement after concealing a data breach in 2016 containing 57 million users’ data. In hopes of preventing this from recurring, it’s time for Uber to reassess their risk management practices, and

The post Uber is Caught in a Risk Management Bind. How Can They Get Out? appeared first on insBlogs.

Uber is Caught in a Risk Management Bind. How Can They Get Out?

Uber has agreed to pay a hefty $148 million settlement after concealing a data breach in 2016 containing 57 million users’ data. In hopes of preventing this from recurring, it’s time for Uber to reassess their risk management practices, and

The post Uber is Caught in a Risk Management Bind. How Can They Get Out? appeared first on insBlogs.

Uber is Caught in a Risk Management Bind. How Can They Get Out?

Uber has agreed to pay a hefty $148 million settlement after concealing a data breach in 2016 containing 57 million users’ data. In hopes of preventing this from recurring, it’s time for Uber to reassess their risk management practices, and

The post Uber is Caught in a Risk Management Bind. How Can They Get Out? appeared first on insBlogs.

Overcoming Failures in Risk Management: Is Wells Fargo Getting the Message?

It’s been a rough two years for Wells Fargo. Ever since the existence of the bank’s massive cross-selling scandal came to light in 2016, Wells Fargo seemed to be trapped in a downward spiral of failure after failure in risk

The post Overcoming Failures in Risk Management: Is Wells Fargo Getting the Message? appeared first on insBlogs.

Overcoming Failures in Risk Management: Is Wells Fargo Getting the Message?

It’s been a rough two years for Wells Fargo. Ever since the existence of the bank’s massive cross-selling scandal came to light in 2016, Wells Fargo seemed to be trapped in a downward spiral of failure after failure in risk

The post Overcoming Failures in Risk Management: Is Wells Fargo Getting the Message? appeared first on insBlogs.

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