This post first appeared on Risk Management Magazine. Read the original article. While already battling the COVID-19 pandemic, hospitals and health care facilities suffered a record number of ransomware attacks in 2020, disrupting operations, risking patient care and threatening sensitive medical data. In just one week this October, dozens of hospitals across the United States (more…)

This post first appeared on Risk Management Magazine. Read the original article. The COVID-19 pandemic has caused organizations to make enormous operational changes that have impacted resiliency, created new cyberrisks and upended business models. Organizations now face a radical shift in risk management and many are working to understand the new and unknown risks before (more…)

This post first appeared on Risk Management Magazine. Read the original article. One of the most widely watched legislative measures on the ballot in the 2020 U.S. elections was a privacy proposal for California voters. The passage of Proposition 24, also known as the California Privacy Rights Act (CPRA), amends the recently implemented California Consumer (more…)

This post first appeared on Risk Management Magazine. Read the original article. The COVID-19 pandemic has taught all of us lessons in risk and resilience. The pandemic shocked people around the world with a magnitude unparalleled in recent history. While the circumstances may be unique, the reality is there will be more unexpected disasters in (more…)

This post first appeared on Risk Management Magazine. Read the original article. In a recent AuditBoard survey of audit and risk professionals, 81% said they believe the risk environment is unlikely to return to more stable pre-pandemic conditions in 2021, but will continue to be “dynamic and unpredictable.” Respondents said that the most pressing risks (more…)

This post first appeared on Risk Management Magazine. Read the original article. The way insurers collect, analyze and use data is impacting every part of the commercial insurance value chain, from businesses to brokers to insurers. Insurance professionals are harnessing this exponential growth of data, using it to provide meaningful insights to brokers and insured (more…)

This post first appeared on Risk Management Magazine. Read the original article. As the pandemic continues to wreak havoc and disrupt life and commerce globally, an epidemic of cybercrime is following close behind. As Risk Management recently reported, Coalition’s H1 2020 Cyber Insurance Claims Report found that cyberattacks have increased in frequency and severity since (more…)

This post first appeared on IBM Business of Government. Read the original article. Wednesday, November 11, 2020 Dan Chenok Three open questions are actively being discussed in Congress and among agency officials in regard to updating the authorities of various CXO and mission support functions. Co-Author: John Kamensky, Senior Fellow, IBM Center for The Business (more…)