Risk analysis

New Findings and Recommendations Issued by Shared Assessments on The Board’s Role in Effective Risk Management

Retrieved on: 
Tuesday, October 1, 2019
Internet, Security, Data management, Technology, Actuarial science, Academic disciplines, Articles, Risk, Security, Project management, Risk analysis, Risk management, Enterprise risk management, Internal audit

The Shared Assessments Program , the member-driven leader in third party risk assurance, today released The Boards Role in Realizing Effective Risk Management a new set of findings and recommendations developed with C-level executives and risk experts from a dozen organizations.

Key Points: 
  • The Shared Assessments Program , the member-driven leader in third party risk assurance, today released The Boards Role in Realizing Effective Risk Management a new set of findings and recommendations developed with C-level executives and risk experts from a dozen organizations.
  • The Boards Role in Realizing Effective Risk Management helps Boards engage and ensure that their organizations risk monitoring strategies, structures and tactics are appropriate to protect the organization.
  • Guidance includes:
    Raising awareness of the Boards role in risk management processes and the advantages of appointing a designated risk-aware member.
  • Shared Assessments offers opportunities for members to address global risk management challenges through committees, awareness groups, interest groups and special projects.

Cytegic and S-RM Intelligence and Risk Consulting Announce Strategic Partnership to Push Rapid Cyber Risk Quantification to a New Level

Retrieved on: 
Monday, September 30, 2019
Risk analysis, Actuarial science, Computer security, Academic disciplines, Prevention, Cyber risk quantification, Security, Cyber insurance, Risk management, Risk, Cyberwarfare in the United States

NEW YORK, Sept. 30, 2019 /PRNewswire/ --Cytegic, the leading automated comprehensive cyber risk management platform powering the cyber insurance revolution, and S-RM Intelligence and Risk Consulting, one of the world's leading risk and intelligence consultancies, today announced a strategic partnership to leverage Cytegic's rapid cyber risk quantification across global markets and the insurance industry.

Key Points: 
  • NEW YORK, Sept. 30, 2019 /PRNewswire/ --Cytegic, the leading automated comprehensive cyber risk management platform powering the cyber insurance revolution, and S-RM Intelligence and Risk Consulting, one of the world's leading risk and intelligence consultancies, today announced a strategic partnership to leverage Cytegic's rapid cyber risk quantification across global markets and the insurance industry.
  • The lack of historical experience and rapidly evolving nature of cyber risk creates significant challenges for quantifying cyber risk.
  • Cytegic's non-invasive and automated cyber risk quantification platform enables end-to-end cost-optimized management and ROI of cyber risk mitigation and cyber risk transfer with precision, validity and financial transparency."
  • We can finally talk about cyber risk as a business risk tied to dollars and ROI; and make informed business decisions.

Confidence falls as cyber threats and AI add to the challenges of risk management

Retrieved on: 
Monday, September 30, 2019
Prevention, Actuarial science, Academic disciplines, Articles, Risk analysis, Security, Cyberwarfare, Project management, Risk management, Computer security, Risk

Respondents from smaller firms continue to be less confident about managing third party risks than those from larger organizations.

Key Points: 
  • Respondents from smaller firms continue to be less confident about managing third party risks than those from larger organizations.
  • Slow response to increased cyber security risk: Although cyber security was the number one concern for respondents, almost half (48%) do not yet incorporate in their third party risk management.
  • Half of this group of respondents had developed an approach to cyber risk but have been slow to implement.
  • Commenting on the findings, Brian Alster, General Manager of Third-Party Risk & Compliance at Dun & Bradstreet, said: "Third-party risk management and compliance programs can't remain stagnant.

Cytegic Named 2020 TAG Cyber Distinguished Vendor

Retrieved on: 
Thursday, September 26, 2019
Security engineering, Security, National security, Cybercrime, Cyberwarfare, Prevention, Cyber risk quantification, Risk analysis, Computer security

Cytegic is part of an industry collective supporting democratization of cyber security research and rapid cyber risk quantification.

Key Points: 
  • Cytegic is part of an industry collective supporting democratization of cyber security research and rapid cyber risk quantification.
  • Each distinguished vendor is selected by Dr. Edward Amoroso, CEO of TAG Cyber, and agrees to support and promote the free report, available today for free download at https://www.cytegic.com/ .
  • "We're looking forward to working with TAG Cyber once again this year," said Elon Kaplan, CEO and President of Cytegic.
  • The Automated Cyber Risk Officer offered by Cytegic is a revolutionary way to optimize your organizational cyber security resources and obtain immediate clarity into the business impact of your cyber risk," said Amoroso.

RiskLens Enables Quantitative Cyber Risk Programs with the Industry's Most Comprehensive Cyber Risk Management Platform

Retrieved on: 
Tuesday, September 24, 2019
Risk analysis, Prevention, Risk, Security engineering, Cyber risk quantification, Risk management, Cybercrime, National security, Computer security

Built by the Authors of the FAIR Standard, the Redesigned RiskLens Platform Evolves from Risk Analytics to Support the Full Cyber Risk Management Lifecycle.

Key Points: 
  • Built by the Authors of the FAIR Standard, the Redesigned RiskLens Platform Evolves from Risk Analytics to Support the Full Cyber Risk Management Lifecycle.
  • WASHINGTON, RESTON, Va. and SPOKANE Wa., Sept. 24, 2019 (GLOBE NEWSWIRE) -- RiskLens, the leading provider of cyber risk quantification (CRQ) and cyber risk management software, today unveiled a fully redesigned version of its platform, evolving its capabilities from industry leading cyber risk analytics to become a full cyber risk management solution.
  • RiskLens is the leading provider of quantitative cyber risk management software, and professional services designed for enabling the creation of cyber risk quantification programs.
  • RiskLens is the only cyber risk quantification software purpose-built on FAIR, the standard quantification model for information security and operational risk.

Cyber Risk Quantification Leader Cytegic Launches Insurance Group

Retrieved on: 
Thursday, September 19, 2019
Economy, Risk analysis, Actuarial science, Computer security, Articles, Cyber risk quantification, Risk management, Risk, Financial risk, Insurance

With 4 US Granted Patents, Cytegic's innovative, mature cyber risk platform is the industry's first, end-to-end solution automating cyber risk management and quantifying its financial impact across the entire insurance and risk value chain.

Key Points: 
  • With 4 US Granted Patents, Cytegic's innovative, mature cyber risk platform is the industry's first, end-to-end solution automating cyber risk management and quantifying its financial impact across the entire insurance and risk value chain.
  • Heading the unit will be Cyber Risk and InsurTech expert Steven Schwartz, who joins Cytegic as Vice President of Strategy & Insurance.
  • "As a company immensely focused on rapid cyber risk quantification and resilience, we know that the insurance industry is fundamental for all businesses to thrive and grow as cyber risk continues to evolve and become more complex.
  • Cytegic's revolutionary cyber risk quantification platform is the industry's first automated end-to-end solution that encompasses the entire scope of cyber risk assessment and financial impact analysis across the entire insurance and risk value chain.

Risk Strategies Adds Brad Gabbard to National Health Care Practice

Retrieved on: 
Thursday, September 19, 2019
Academic disciplines, Actuarial science, Project management, Risk analysis, Risk management, Security, Articles

BOSTON, Sept. 19, 2019 (GLOBE NEWSWIRE) -- Risk Strategies , a privately held, rapidly growing national insurance brokerage and risk management firm, today announced the appointment of longtime health care industry veteran, Brad W. Gabbard, CPCU, as a Senior Vice President to its national health care practice.

Key Points: 
  • BOSTON, Sept. 19, 2019 (GLOBE NEWSWIRE) -- Risk Strategies , a privately held, rapidly growing national insurance brokerage and risk management firm, today announced the appointment of longtime health care industry veteran, Brad W. Gabbard, CPCU, as a Senior Vice President to its national health care practice.
  • Most recently, Gabbard was an executive vice president and health care practice leader for Willis Towers Watsons Columbus, OH office.
  • Risk Strategies health care practice is committed to hiring and retaining the best experts in the business in order to deliver superior service and advice to health care clients across the spectrum of risk, said Bob Dubraski, Risk Strategies National Health Care Practice Leader.
  • I am excited to be joining Risk Strategies national health care practice, said Gabbard.

MEGA International Launches HOPEX Integrated Risk Management Solution

Retrieved on: 
Tuesday, September 17, 2019
Software, Internet, Data management, Technology, Security, Other Technology, Actuarial science, Articles, Academic disciplines, Business, Security, Project management, Risk analysis, Risk management, Audit, Risk, Chief risk officer, Enterprise risk management

MEGAs Integrated Risk Management solution provides an integrated view of risks, controls, incidents, compliance, and audit with business operations, so that risk is treated as a whole and not in silos.

Key Points: 
  • MEGAs Integrated Risk Management solution provides an integrated view of risks, controls, incidents, compliance, and audit with business operations, so that risk is treated as a whole and not in silos.
  • HOPEX Integrated Risk Management enables the alignment of risk types with business processes, IT systems, and centralized control systems.
  • MEGAs HOPEX Integrated Risk Management solution includes:
    An integrated view of risks, controls, incidents, compliance, and audit so that risk is treated as a whole, rather than in silos.
  • Through a single shared collaborative platform, HOPEX Integrated Risk Management creates a synergistic environment to support all stakeholders involved in managing risk.

Total Economic Impact Study Unveils Significant Upside Potential of Riskonnect’s Integrated Risk Management Platform

Retrieved on: 
Tuesday, September 17, 2019
Software, Technology, Data management, Actuarial science, Academic disciplines, Security, Project management, Risk analysis, Risk management, Prevention, Financial risk, Articles

Riskonnect , the leader in integrated risk management solutions, has released a commissioned study conducted by Forrester Consulting, a leading global research and advisory firm.

Key Points: 
  • Riskonnect , the leader in integrated risk management solutions, has released a commissioned study conducted by Forrester Consulting, a leading global research and advisory firm.
  • The study shows significant time and cost savings for enterprises deploying Riskonnects Integrated Risk Management (IRM) software solution.
  • Now, the company can integrate and manage previously siloed risk functions and get a clear view of its risk posture.
  • To learn more about the business impact of IRM, download the Total Economic Impact of Riskonnect Integrated Risk Management Platform: Cost Savings and Business Benefits Enabled by Riskonnect study.

Global Risk Management Services Procurement Intelligence Report 2019 - ResearchAndMarkets.com

Retrieved on: 
Friday, September 13, 2019
Professional services, Other Professional Services, Actuarial science, Risk analysis, Academic disciplines, Project management, Risk management, Security, Management, Articles, GEP Worldwide, Global supply chain finance

The "Global Risk Management Services Category - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Risk Management Services Category - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.
  • Global Risk Management Services Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities.
  • This is driving the demand for risk management services among businesses, which is fostering the growth of the global risk management services market size.
  • The report provides actionable insights to improve source-to-contract cycle performance in the Global Risk Management Services Market.