article thumbnail

Business continuity planning: A proactive approach to threat management

CIO Business Intelligence

Events like this highlight the importance of developing contingency plans based on events in the world that can impact businesses. Business continuity is an essential part of the planning process for CIOs and CTOs. Black swan events can impact businesses in significant ways. How could we prevent that from happening?”

article thumbnail

Strong Business Continuity Management Brings Resilience

CIO Business Intelligence

Business disruptions happen every day and can cause companies to lose millions of dollars and suffer reputational damage. When astute executives, including CIOs, cheat disruption by focusing on business continuity management (BCM) programs that build resilience, the enterprise transformation can prosper. Dugan Krwawicz.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

11:11 Systems: Empowering enterprises to modernize, protect, and manage their IT assets and data

CIO Business Intelligence

It offers oversight capabilities that exceed the requirements of industry bodies like the Payment Card Industry Data Security Standard, Health Insurance Portability and Accountability Act, and Europe’s General Data Protection Regulation. “At And throughout all of this, we enable them to draw on the VMware assets they know and trust.“

System 264
article thumbnail

Counting the cost of CrowdStrike: the bug that bit billions

CIO Business Intelligence

As eye-popping estimates emerge for the cost to enterprises of dealing with aftermath of last week’s CrowdStrike-induced outages, it’s crucial to break down the sources of these expenses and understand how much of the financial burden will be absorbed by cyber insurance. billion to $1.08

Insurance 299
article thumbnail

AI and cybersecurity: A double-edged sword

CIO Business Intelligence

For example, attackers recently used AI to pose as representatives of an insurance company. As the Global CISO at Synechron, a leading global digital transformation consulting firm, Aaron Momin is accountable and responsible for cyber risk management, information security, crisis management and business continuity planning.

Security 306
article thumbnail

The Cyber Insurance Landscape Has Grown More Complicated

SecureWorld News

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Compliance: Certain industries and jurisdictions require organizations to have cyber insurance or to meet certain cybersecurity standards.

Insurance 114
article thumbnail

CIOs eye SaaS backup plans post-CrowdStrike

CIO Business Intelligence

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on.

Backup 325