Disaster Recovery Mitigation Third-Party Service Provider 
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?
Stax
AUGUST 22, 2024
To mitigate some of the financial risks, you can look into retaining a portion of the funds and creating reverse accounts. Cyberattacks, human errors, third-party service provider failures, and system disruptions all come under operations risk. The due diligence doesn’t stop at onboarding.
Global Fintech & Digital Assets
DECEMBER 11, 2023
Requirements related to business continuity and disaster recovery have also been included for the first time. Penalties for noncompliance may vary, and an extensive list of considerations and mitigating factors are provided.
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