EXECO EDGE BLOG

Insights where GenAI and contracts intersect

6 risks related to DORA agreements for financial institutions and how to deal with them

In 2024/7, due to regular software updates from a major cybersecurity vendor, IT failures occurred one after another, severely impacting financial institutions around the world. The transaction system went offline, the payment network went down, and the customer portal froze. It wasn't a cyber attack. It wasn't a data breach. CrowdStrike's now-famous fault was a failure to monitor risk by a third party and was buried in contractual details.

8 hidden pitfalls in contracts with medical institutions and how to avoid them

Health care contracts have undergone significant changes. What used to be a simple exchange of payments and services has now transformed into a maze of value-based health care contracts and compliance obligations. Healthcare providers are no longer simply negotiating terms; they are trying to overcome the intersection of quality metrics, patient outcomes, and financial risk.