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

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

Neopay

JUNE 27, 2024

Compliance policies and procedures: Develop comprehensive compliance policies and procedures that address key regulatory requirements, such as anti-money laundering (AML) and Know Your Customer (KYC) obligations (see below). Staff training: Provide regular training to your staff on AML obligations, red flags, and reporting procedures.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Nanonets

JUNE 27, 2023

By digitizing your records, you can establish a robust compliance framework, simplify auditing procedures, and reduce non-compliance risk. P roper procedures should be followed to securely dispose of physical copies or store them in designated archival facilities, ensuring compliance with data privacy and retention regulations.

Product 52

Product Disaster Recovery Automation Compliance 52

Nanonets

JUNE 19, 2023

Backup and Disaster Recovery: Implementing robust backup and disaster recovery mechanisms is essential for on-premise automation. It includes documenting automation processes, configurations, system architectures, troubleshooting procedures, and best practices.

Automation 52

Automation Disaster Recovery Process Security 52

Fintech News

JULY 24, 2024

The Step phase involves implementing solutions and procedures for seamless upgrades, migrations, and reconstructions. The ManageOne cloud management platform, iDRP automated disaster recovery management platform, and network digital map are essential tools for reducing risks and enhancing O&M capabilities.

Finance 108

Finance Risk Mitigation Automation AI 108

Stax

AUGUST 22, 2024

Payfacs need to have regular AML screenings and strictly implement KYC procedures. Maintain a comprehensive disaster recovery program and undertake contingency planning so that you can resume operations quickly. They also need to have strong data security protocols in place.

Risk Management 88

Risk Management Risk Regulatory Compliance Payment APIs and Integration 88