Having a comprehensive business continuity plan (BCP) in place will help ensure that your business doesn’t suffer any downtime in the event of a disaster, which may include natural disasters, such as floods, fire, weather-related events, and cyberattacks. If you’re not prepared, these disasters can have catastrophic consequences on your business, including loss of productivity, loss of revenue, as well as damage to your reputation and your relationships with your customers.

How much does it cost to become compliant with the Payment Card Industry Data Security Standard (PCI DSS)? It is challenging to put a number or an actual figure of becoming PCI compliant. The reason exact dollar amounts become a problem to predict is it depends on the size of the organization, whether they are eligible for the PCI Self Assessment Questionnaire (PCI SAQ), and the way they handle and store customer information.

Institutions of higher education (IHEs) are besieged by risk, especially cybersecurity and information security risk. Risk management for these institutions is critical but also extremely challenging, like trying to juggle balls and lighted torches all at once.

In an ornate boardroom, a group of executives gathered at a large round table for their annual strategic planning meeting. Morgan, the CEO, was surrounded by Lana, the VP of Sales; Susan, the CISO, Smith, the COO; and Barbara, Chief Compliance Officer. There was much to get done in the next twelve months, so they were passionately debating how best to invest their limited budget to achieve their goals and to address various sources of risk.

The Health Insurance Portability and Accountability Act of 1996 (HIPAA) was signed into law before the rollout of major social media sites such as Facebook, Twitter, and Instagram. And as such, there are no specific HIPAA rules for social media. However, some HIPAA laws and standards apply to the use of social media by health care organizations and their workers. Because of that, each health care organization must implement a HIPAA social media policy to decrease the risk of HIPAA violations.

Organizations are often left wondering what is the difference between a certification granted by representatives of the Payment Card Industry (PCI) and that of obtaining compliance.

The Risk Management Framework (RMF) is most commonly associated with the NIST SP 800-37 guide for “Applying the Risk Management Framework to Federal Information Systems: A Security Life Cycle Approach,” which has been available for FISMA compliance since 2004. This was the result of a Joint Task Force Transformation Initiative Interagency Working Group; it’s something that every agency of the U.S. government must now abide by and integrate into their processes.

Formulating an IT security risk assessment methodology is a key part of building a robust information security risk management program. The two most popular types of risk assessment methodologies used by assessors are: A risk assessment is a process that aims to identify cybersecurity risks, their sources and how to mitigate them to an acceptable level of risk.

A vendor risk management questionnaire (also known as a third-party risk assessment questionnaire or vendor risk assessment questionnaire) is designed to help your organization identify potential weaknesses among your third-party vendors and partners that could result in a data breach, data leak or other type of cyber attack.