Remove 2013 Remove Risk Management Remove Strategic
article thumbnail

Third-Party Risk Management 101

Fusion Risk Management

In today’s world, where we have seen massive supply chain disruptions, data breaches, enforcement actions, and a stunning series of customer failures, the world of third-party risk management (TPRM) has never been under more scrutiny. Let’s examine what third-party risk management means. Risk Assessment.

article thumbnail

Vendor Onboarding Best Practices: Reducing Risk from Day One 

Reciprocity

The 2013 Target breach, which affected 41 million consumers, originated through an HVAC vendor. These incidents underscore a crucial reality: effective third-party vendor risk management isn’t just about ongoing monitoringit begins the moment you start evaluating a potential partner.

Insiders

Sign Up for our Newsletter

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

article thumbnail

IRM, ERM, and GRC: Is There a Difference?

Reciprocity

The various niches of risk management have become a veritable alphabet soup of acronyms. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). The advent of the digital age is partly to blame.

article thumbnail

Increased Resilience – The Missing Strategy

Plan B Consulting

There is no mention of working from home which, with evolution in IT, this is available to a lot more staff now, then it was when the GPG was written in 2013. Carrying a stock of strategic spares 2. A few examples of this are: 1. Increased resilience could come in different forms. These could include: 1.

article thumbnail

Increased Resilience – The Missing Strategy

Plan B Consulting

There is no mention of working from home which, with evolution in IT, this is available to a lot more staff now, then it was when the GPG was written in 2013. Carrying a stock of strategic spares. These strategies are fine as they go, although I think they are a little out of date. A few examples of this are: 1.

article thumbnail

Towards a Taxonomy of Disasters

Emergency Planning

The study of disasters is a 'lateral discipline' that, to varying degrees embraces at least 42 other disciplines and professions (Alexander 2013). The need to include military strategy and the strategic politics of defence in our studies would unbalance them. Disaster Prevention and Management 11(3): 209-213. Alexander, D.

article thumbnail

‘Adaptive Business Continuity: A New Approach’

Plan B Consulting

The benefit of this book for me, as a business continuity practitioner, is within the tactical and operational insights and ideas it gives, rather than the strategic change I suspect the authors would like. I will discuss my thoughts on the strategic ideas laid out in the book later in this review.