VISTA InfoSec

OCTOBER 20, 2023

However, ePHI is vulnerable to threats like cyber attacks and natural disasters, making disaster recovery planning (DRP) vital. Healthcare organizations must implement HIPAA-compliant DRPs to protect ePHI, ensuring continued operation during disasters. Why Is Disaster Planning Important for Healthcare Organizations?

Disaster Recovery 130

Disaster Recovery Regulatory Compliance Procedures Duplicate 130

VISTA InfoSec

OCTOBER 21, 2024

Change Management: Develop a change management strategy to address any resistance or concerns from your team. To mitigate these risks, it’s essential to implement strong cybersecurity measures during the transition to CCaaS. This can help foster a positive attitude toward the new system and ease the transition.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

Fintech News

JULY 24, 2024

Addressing these factors requires a holistic approach encompassing technology, processes, and people to construct resilient financial infrastructures. This solution addresses the need for a secure, reliable, high-utilisation network infrastructure supporting rapid service development and improved management efficiency.

Finance 115

Finance Risk Mitigation Automation AI 115

Nanonets

DECEMBER 13, 2023

#1: Increased Accuracy and Reduced Errors AI in insurance claims processing plays a pivotal role in enhancing accuracy and reducing errors by automating various tasks and mitigating the risks associated with manual processes. Real-time reporting enables insurers to address compliance concerns promptly, minimizing the impact on operations.

AI 102

AI Process Fraud Detection Compliance 102

Stax

AUGUST 22, 2024

Understanding, addressing, and managing them is crucial for maintaining business operations while ensuring safe payment processing for clients. To mitigate some of the financial risks, you can look into retaining a portion of the funds and creating reverse accounts. Let’s dive deeper into risk management practices for PayFacs.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

The Fintech Times

JULY 20, 2024

Because of this, many will wonder how they can better equip themselves with tools to ensure they can mitigate the impact of problems, even if something on this scale happens again. Dafydd Vaughan, CTO at Public Digital “Companies and national governments need to be prepared and take mitigating actions to minimise their exposure.

Payments 75

Payments Mitigation Regulations ISO 20022 75

Global Fintech & Digital Assets

MARCH 5, 2024

Banks are expected to apply the follow guidance in connection with their digital asset custodial services: Governance and risk management : Prior to launching digital asset custodial services, banks are expected to undertake a comprehensive risk assessment and to implement appropriate policies and procedures to mitigate identified risks.

Authorization 59

Authorization Product Due Diligence Procedures 59