AI Can Support Third-Party Vendors and Supplier Risk Management Challenges

Although Artificial Intelligence (AI) has been around for quite a while, the adoption and evolution of AI-related technologies has dramatically improved over the past year. AI can provide organizations with an easier way to manage third-party vendors and supplier risks and ensure compliance in this complex regulatory environment. Third Party Vendors: Opportunities and Challenges Organizations … Read more

What Hospitals should do for increasing Cybersecurity against Ransomware Attacks

Ransomware attacks are a growing threat to hospitals, with the number of attacks increasing year over year. These attacks can have a devastating impact on hospitals, disrupting patient care, delaying critical procedures, and costing millions of dollars in damages. Hospitals are particularly attractive targets for ransomware gangs because they have substantial amounts of sensitive data, … Read more

Company Board Members’ Struggle to Grasp Cybersecurity Risks: A Risky Proposition for Businesses

In today’s interconnected and technology-driven business ecosystem, cybersecurity is a paramount concern. As organizations continue to digitize their operations and data, the risk of cyberattacks looms large. While many businesses invest heavily in cybersecurity measures, a significant challenge persists—board members frequently struggle to understand cybersecurity risks. This knowledge gap poses a serious threat to businesses, … Read more

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