Disaster Recovery Regulatory Compliance Risk Assessment 
VISTA InfoSec
OCTOBER 20, 2023
However, ePHI is vulnerable to threats like cyber attacks and natural disasters, making disaster recovery planning (DRP) vital. Healthcare organizations must implement HIPAA-compliant DRPs to protect ePHI, ensuring continued operation during disasters. It’s not as complicated as it sounds!
Stax
AUGUST 22, 2024
PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.
Nanonets
DECEMBER 13, 2023
2: Proactive Regulatory Compliance AI plays a crucial role in ensuring regulatory compliance in insurance claims processing through the following: Automated Compliance Checks: AI algorithms can be programmed to conduct automated checks against regulatory requirements.
Neopay
JUNE 27, 2024
Your senior team will all need to have understand the obligations on the firm and be able to prioritise regulatory compliance and its impact across the business. Additionally, firms should stay updated on regulatory changes and developments in the payments industry.
Segpay
MARCH 20, 2024
Risk Management and Compliance AI is crucial in risk management and regulatory compliance within the banking industry. To mitigate the risk of algorithmic bias, banks must ensure that AI systems are trained on diverse and representative datasets and regularly monitored for fairness and transparency.
The Payments Association
MARCH 20, 2025
Companies should adopt zero-trust security models, continuous risk assessments, and real-time threat intelligence to ensure theyre staying one step ahead in this degree. Third-party risk also poses another key concern, as businesses often rely on external vendors for critical services. Regulatory compliance forms the third.
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