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How to Conduct a Risk Assessment for Your Disaster Recovery Playbook

VISTA InfoSec

Risk management is at the heart of any effective disaster recovery (DR) plan or playbook. No business is immune to disruptions, whether from natural disasters, cyberattacks, or technical failures. Risk assessments, in particular, serve as a roadmap for navigating potential disruptions.

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How to Conduct a Risk Assessment for Your Disaster Recovery Playbook

VISTA InfoSec

Risk management is at the heart of any effective disaster recovery (DR) plan or playbook. No business is immune to disruptions, whether from natural disasters, cyberattacks, or technical failures. Risk assessments, in particular, serve as a roadmap for navigating potential disruptions.

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HIPAA Disaster Recovery Planning

VISTA InfoSec

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?

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6 Benefits of AI Insurance Claims Processing

Nanonets

Real-time reporting enables insurers to address compliance concerns promptly, minimizing the impact on operations. Risk Assessment and Compliance Prediction: AI can assist in proactively identifying potential compliance risks by analyzing historical data and patterns.

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Understanding Risk Management Strategies as a PayFac

Stax

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

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New York Bolsters Cybersecurity Requirements

Global Fintech & Digital Assets

Covered financial institutions now face heightened expectations in relation to cybersecurity governance, risk assessment, and incident reporting. Requirements related to business continuity and disaster recovery have also been included for the first time.

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FCA Authorisations: How are things changing? Are things improving?

Neopay

This includes conducting a thorough risk assessment, implementing appropriate risk controls and establishing effective monitoring mechanisms. Provide a clear overview of your risk appetite and mitigation strategies to demonstrate a proactive approach to risk management.