As the COVID pandemic swept the world in 2020 and changed the way we travel and do business, other disruptions happened too: large wildfires driven by climate change, and a volatile domestic political scene pressured corporate policies over diversity and other social issues — and that’s just what happened in the United States.

It’s impossible to predict every risk that could affect your organization. Cyber attacks, ransomware, natural disasters, and power outages are all potential threats that could disrupt your business. While prevention is key, you must prepare for interruptions to your daily operations. That is why a business continuity plan — a detailed plan that explains how your company will continue to operate in the event of a disruption — is so crucial for your risk management program.

Protecting your data is an important component of your cyber risk management plan, and one that involves a certain level of preparedness for an event like a data breach. Even the best cybersecurity efforts, however, will still fail at some point — when attackers abscond with your organization’s confidential data, either to resell it on the dark web or to post it for all the world to see.

The growing use of digital assets within a business delivers all sorts of operational benefits to the organization in question. These technology solutions, however, also come with numerous associated risks and an increased overall threat landscape. You can address these risks by investing in digital risk mitigation and remediation activities as part of a digital risk protection initiative.

The popularity of cloud services has soared in recent years, as ever more companies move towards a remote or hybrid workplace model. While cloud computing comes with many benefits, it can also create new vulnerabilities that might give criminals access to your sensitive data. If your company is using cloud technology, you need to make sure that your data is secure. Keep reading to learn what threats affect cloud services and what you can do to keep your cloud safe.

Find out how different threat modeling methods can help your business catalog potential threats and find solutions for threat mitigation. The most important element of the risk management process is the ability to identify and prioritize threats to your organization’s cybersecurity before any damage occurs. How rapidly you can identify these threats will determine how quickly you’re able to find solutions for mitigation.

Modern supply chains are highly interconnected and complex. Today’s organizations leverage numerous third-party relationships to cut costs, speed up operations, and scale their businesses. But along with these benefits, organizations have to contend with the risks, particularly cybersecurity risks. One study found that in 2020, 44% of businesses suffered a data breach caused by a third party, and a data breach can cost $3.92 million on average.

Most organizations today rely on the cloud to store or manage at least some of their data and applications. If your business is considering (or already using) a cloud environment, it’s important that you know what to do if your cloud system crashes or experiences an outage. In this guide, we cover the basics of cloud computing and then outline some steps you can take in the event of a cloud crash or outage.

Compliance is a constant issue that affects businesses in multiple ways every day. Not only must your compliance program address individual acts of misconduct; the program must assure that your organization follows laws, rules, and regulations overtime — every day, day after day, in perpetuity.