Risk management in modern organizations requires automated data-driven technology. Businesses must identify and prioritize risks, though definitions vary, making it hard to understand exposure. Risk mitigation helps minimize harm, often through controls and contingency plans. Common strategies include risk acceptance, avoidance, transfer, sharing, buffering, strategizing, testing, quantification, reduction and digitization. To manage cybersecurity and operational risks centrally, businesses must integrate strategies into their organizational culture, moving away from risky manual processes.
News – Masimo reports cyber incident affecting production sites – teiss
Masimo has reported a cyber incident that has impacted its production sites. The company is currently assessing the situation to understand the extent of the
