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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. It’s not as complicated as it sounds! Who will communicate?

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FIs: Embracing The Cloud Involves More Than Business Continuity ‘Lip Service’

PYMNTS

One of the imperatives of adopting a cloud mindset is for the purpose of business continuity, he added. “A A lot of people play lip service to continuity,” said Kassam. Companies that are a bit more mature may be operating across multiple sites and have at least some disaster recovery roadmap in place.

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Wells glitch shows all banks should re-examine card and ATM processes

Payments Source

By learning from the struggles that resulted from Wells Fargo’s outages, the rest of the financial world can improve its own disaster recovery plans, writes Todd Matters, chief architect and co-founder of RackWare.

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Essential Guide to Seamless CCaaS Implementation 

VISTA InfoSec

As businesses continue to evolve in their customer service strategies, Contact Center as a Service (CCaaS) solutions have emerged as an effective tool for enhancing customer experience. However, transitioning to CCaaS requires careful planning to ensure a smooth implementation process.

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Payments Tech Takes Advantage Of Payment Rails Building Blocks

PYMNTS

In an announcement on its website, Paycor said the certification means the company has demonstrated robust compliance and risk management capabilities, adherence to NACHA’s Operating Rules, and adequately addressed disaster recovery and business continuity needs of business clients.

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Understanding Risk Management Strategies as a PayFac

Stax

Implementing an effective risk management framework can help you minimize the impact of potential threats, ensure business continuity, and recover quickly in the face of adversity. Maintain a comprehensive disaster recovery program and undertake contingency planning so that you can resume operations quickly.

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Hong Kong Monetary Authority Issues Guidance for Banks on Crypto Custody and Sale of Tokenised Products

Global Fintech & Digital Assets

Banks should have adequate resources, ensure sufficient training for staff, introduce appropriate reporting lines and senior management oversight, and establish business continuity policies. Banks’ contingency and disaster recovery arrangements should cover any disruption to the outsourced services.