Risk analysis

New ISACA Paper Enables Enterprises to Use Cyberrisk Quantification to Improve Approach to Cybersecurity Risk

Retrieved on: 
Tuesday, June 8, 2021
Internet, Security, Data management, Technology, Software, Articles, Security, Data security, Computing, Computer security, Risk analysis, ISACA, Security convergence, CRQ, CISA, IT risk

Cyberrisk quantification (CRQ) expresses cybersecurity risk in terms of monetary value to the enterprise, translating technology concerns into business concerns.

Key Points: 
  • Cyberrisk quantification (CRQ) expresses cybersecurity risk in terms of monetary value to the enterprise, translating technology concerns into business concerns.
  • A new white paper from ISACA, Cyberrisk Quantification , addresses the importance of acquiring useful data and amplifying it as part of a CRQ analysis.
  • CRQ can be a critical enabler of improving organizations approach to cyber risk.
  • However, cybersecurity measurement can bring its own set of challenges, including accurately gathering data and addressing issues with verbal and ordinal scales used to measure the risk, says Paul Phillips, CISA, CISM, MBA, ISACA IT risk professional practices lead.

ProcessUnity Wins Two Global InfoSec Awards for Vendor Risk Management

Retrieved on: 
Wednesday, June 2, 2021
Articles, Academic disciplines, Security, Actuarial science, Project management, Risk analysis, Risk management, Vendor

CONCORD, Mass., June 02, 2021 (GLOBE NEWSWIRE) -- ProcessUnity , a leading provider of cloud-based applications for risk and compliance management, today announced that Cyber Defense Magazine recognized ProcessUnity Vendor Risk Management (VRM) in the Cyber Defense Global Awards for 2021.

Key Points: 
  • CONCORD, Mass., June 02, 2021 (GLOBE NEWSWIRE) -- ProcessUnity , a leading provider of cloud-based applications for risk and compliance management, today announced that Cyber Defense Magazine recognized ProcessUnity Vendor Risk Management (VRM) in the Cyber Defense Global Awards for 2021.
  • ProcessUnity also won the Cutting Edge Award for Third-Party Risk Management for its streamlined automation of the vendor risk lifecycle -- from onboarding to post-contract monitoring.
  • The award recognition by Cyber Defense Magazine is further validation that ProcessUnity continues to succeed in its mission to deliver a world-class vendor risk management platform, said Todd Boehler, Senior Vice President of Strategy, ProcessUnity.
  • ProcessUnitys flagship solution, ProcessUnity Vendor Risk Management , protects companies and their brands by reducing risks from third-party vendors and suppliers.

Best’s Market Segment Report: Ransomware and Aggregation Issues Call for New Approaches to Cyber Risk

Retrieved on: 
Wednesday, June 2, 2021
Technology, Mobile, Wireless, Insurance, Finance, Consulting, Security, Professional services, Networks, Internet, Articles, Actuarial science, Academic disciplines, Risk, Risk analysis, Cyber insurance, Internet security, Risk management, Insurance, Draft:Cowbell Cyber

With the cyber risk hazard environmentransomware, business interruption and aggregationworsening significantly, prospects for the U.S. cyber insurance market are grim, according to a new AM Best report.

Key Points: 
  • With the cyber risk hazard environmentransomware, business interruption and aggregationworsening significantly, prospects for the U.S. cyber insurance market are grim, according to a new AM Best report.
  • The Bests Market Segment Report, Ransomware and Aggregation Issues Call for New Approaches to Cyber Risk, notes that cyber insurance, which began as a diversifying, secondary line and another endorsement on policies, is now a primary component of a corporations risk management and insurance purchasing decisions.
  • Consequently, according to the report, insurers urgently need to reassess all aspects of their cyber risk, including their appetite, risk controls, modeling, stress testing and pricing, to remain a viable long-term partner dealing with cyber risk.
  • Standalone cyber insurance policies, up 28% in 2020, have seen a higher rate of growth compared with packaged policies, which indicates organizations escalating concerns about cyber risk.

Axio Announces Strategic Partnership with Impact Business Technology

Retrieved on: 
Wednesday, June 2, 2021
Software, Finance, Consulting, Data management, Professional services, Technology, Other Technology, Security, Articles, Security, Academic disciplines, Actuarial science, Safety, Risk analysis, Cyberwarfare, Data security, Enterprise risk management, Risk management, Security convergence, Computer security, Impact Business Technology, Axio, IMPACT BUSINESS TECHNOLOGY, AXIO

Axio , a leading cyber risk management Software-as-a-Service company, today announced their latest strategic partnership with Impact Business Technology , a leader in IT solutions designed to serve businesses.

Key Points: 
  • Axio , a leading cyber risk management Software-as-a-Service company, today announced their latest strategic partnership with Impact Business Technology , a leader in IT solutions designed to serve businesses.
  • This partnership will utilize the Axio360 platform to allow Impact Business Technology to expand their security assessment practice into a more comprehensive enterprise risk management practice.
  • The platform gives Impact Business Technology the ability to better communicate with their customers about the value of cybersecurity initiatives with an ROI that is based on data.
  • We are proud to partner with Impact Business Technology and offer the ability to translate business risk into a language that business executives can understand.

Vital Data Technology Expands Affinitē Risk Adjustment into a Complete End-to-End Solution

Retrieved on: 
Wednesday, June 2, 2021
Risk, Articles, Computer security, Data security, IT risk, Operational risk, Risk analysis, Security

NEWPORT BEACH, Calif., June 2, 2021 /PRNewswire/ -- Vital Data Technology , a data science-driven healthcare solutions leader, today announced the expansion of their Affinit Risk Adjustment (RA) solution.

Key Points: 
  • NEWPORT BEACH, Calif., June 2, 2021 /PRNewswire/ -- Vital Data Technology , a data science-driven healthcare solutions leader, today announced the expansion of their Affinit Risk Adjustment (RA) solution.
  • With additional capabilities, Affinit RA is a complete risk adjustment solution with suspect logic to ensure an accurate assessment of risk scores, giving payers a complete financial picture of their population.
  • We wanted to enhance the capabilities of Affinit Risk Adjustment so payers get a true end-to-end solution with advanced analytics."
  • Affinit RA, on the other hand, streamlines processes to free up risk adjustment teams to focus on strategic priorities," explained Peter Janelle, Director of Risk Adjustment for Vital Data Technology.

FDAnews Announces Create a Quality Culture to Aid Risk Management: Dynamic Behaviors that Achieve Quality and Business Objectives Webinar June 15, 2021

Retrieved on: 
Tuesday, June 1, 2021
Actuarial science, Articles, Academic disciplines, Systems engineering, Risk analysis, Risk management, Security, Risk

FALLS CHURCH, Va., June 1, 2021 /PRNewswire-PRWeb/ --Create a Quality Culture to Aid Risk Management:

Key Points: 
  • FALLS CHURCH, Va., June 1, 2021 /PRNewswire-PRWeb/ --Create a Quality Culture to Aid Risk Management:
    How does one's quality culture stack up?
  • Get a handle on how culture is created, shaped and changed with this webinar, so one can design and sustain a good quality culture within an organization.
  • This is the opportunity to go beyond basic culture metrics to create and sustain a healthy quality culture going forward.
  • Create a Quality Culture to Aid Risk Management:

Coalition Partners With SentinelOne to Protect Customers From Ransomware and Cyber Threats

Retrieved on: 
Tuesday, June 1, 2021
Cybercrime, Articles, Cyberwarfare, Computer security, Academic disciplines, Information governance, Risk analysis, Cyber insurance, Cyberattack, Risk management, Draft:Cowbell Cyber

The partnership offers customers of both Coalition and SentinelOne financial incentives to adopt EDR solutions and cyber insurance to promote a more holistic risk management strategy.

Key Points: 
  • The partnership offers customers of both Coalition and SentinelOne financial incentives to adopt EDR solutions and cyber insurance to promote a more holistic risk management strategy.
  • In 2020, 47 percent of cyber insurance claims reported to Coalition were ransomware attacks and targeted businesses of all sizes.
  • Coalition's unique product and partner offering combines best-in-class cyber insurance and proactive cybersecurity tools to help organizations manage cyber threats and protect the value of their entire business.
  • Coalition is the leading provider of cyber insurance and security, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk.

Three Day Design Control for Medical Devices Online Course (July 19-21, 2021) - ResearchAndMarkets.com

Retrieved on: 
Monday, May 31, 2021
Biotechnology, Health, Medical devices, Articles, Food and Drug Administration, Academic disciplines, Risk analysis, Medical device, Federal Food, Drug, and Cosmetic Act, Quality management system, Risk management, Documentation, Design controls

The "Design Control for Medical Devices: An Overview" conference has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Design Control for Medical Devices: An Overview" conference has been added to ResearchAndMarkets.com's offering.
  • The participants will gain a fundamental understanding of how medical devices are regulated in the US: the main legal basis, FFDCA (21 U.S.C.
  • Gain an understanding of the regulatory framework for Design Control and recommendations to effectively meet the requirements of Design Control.
  • Describe general regulatory requirements pertaining to design control within the quality system and regulation, design control procedures, safety/risk management, documentation, manufacturing transfer strategies, and strategies for integrating general quality system procedures into design control.

Risk Analytics Market worth $64.7 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, May 26, 2021
Articles, Academic disciplines, Actuarial science, Business intelligence, Formal sciences, Risk analysis, Analytics, Big data, Financial risk, Risk management, Operational risk, Risk

The Risk Analytics Market by risk types has been segmented into strategic risk, operational risk, financial risk, and others (reputational risk, environmental risk, third-party risk, and economic risk).

Key Points: 
  • The Risk Analytics Market by risk types has been segmented into strategic risk, operational risk, financial risk, and others (reputational risk, environmental risk, third-party risk, and economic risk).
  • Organizations are investing heavily in new markets or regions to establish themselves leading to the higher adoption of risk analytics solutions for financial risk management.
  • APAC has continually presented lucrative market opportunities for risk analytics solution providers with a notable increase in risk analytics across both its developed and emerging countries.
  • Insurance Analytics Market by Component (Tools and Services), Application (Claims Management, Risk Management, Customer Management and Personalization, Process Optimization), Deployment Mode, Organization Size, End User, and Region - Global Forecast to 2026

Risk Analytics Market worth $64.7 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, May 26, 2021
Articles, Academic disciplines, Actuarial science, Business intelligence, Formal sciences, Risk analysis, Analytics, Big data, Financial risk, Risk management, Operational risk, Risk

The Risk Analytics Market by risk types has been segmented into strategic risk, operational risk, financial risk, and others (reputational risk, environmental risk, third-party risk, and economic risk).

Key Points: 
  • The Risk Analytics Market by risk types has been segmented into strategic risk, operational risk, financial risk, and others (reputational risk, environmental risk, third-party risk, and economic risk).
  • Organizations are investing heavily in new markets or regions to establish themselves leading to the higher adoption of risk analytics solutions for financial risk management.
  • APAC has continually presented lucrative market opportunities for risk analytics solution providers with a notable increase in risk analytics across both its developed and emerging countries.
  • Insurance Analytics Market by Component (Tools and Services), Application (Claims Management, Risk Management, Customer Management and Personalization, Process Optimization), Deployment Mode, Organization Size, End User, and Region - Global Forecast to 2026