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The Best Risk Management Software to Consider for 2021 and Beyond

Solutions Review

Solutions Review’s listing of the best risk management software is an annual mashup of products that best represent current market conditions, according to the crowd. To make your search a little easier, we’ve profiled the best risk management software providers all in one place. The Best Risk Management Software.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008.

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The Colonial Pipeline Hack: Failure in Risk Management

LogisManager

Colonial Pipeline Hack: Failure in Risk Management. energy company, was hit with a ransomware cyberattack on May 7th, 2021, which forced it to halt all operations on its major pipeline that delivers roughly 45% of all fuel consumed on the east coast. Risk Assessments & User Access Reviews.

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Vendor Onboarding Best Practices: Reducing Risk from Day One 

Reciprocity

More recently, the 2021 Kaseya ransomware attack impacted over 1,500 businesses through a single vendor’s compromised software. 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.

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What Is Risk Management?

LogisManager

What Is Risk Management? 2021 Definition & Guide] Curiously enough, uncertainty is the most certain part of life. The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk Management allows you to imagine tomorrow’s surprises today. What Is Risk Management?

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Navigating New Data Privacy Laws: Key Considerations for Businesses in Today’s Interconnected World

LogisManager

It became effective on May 5, 2021, but enforcement provisions are delayed until December 31, 2023. Conduct a Data Audit: Perform a comprehensive audit of the data your company collects, processes, stores, and shares. This audit will help you assess compliance gaps and develop strategies to address them.

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Product’s Perspective: How to Build an “ESG Bowtie”

LogisManager

From the perspective of our Product team, the challenges of risk and compliance professionals are at the forefront. This collaborative group of developers, designers, lawyers and risk managers uses those insights, along with rigorous R&D, to inform the way LogicManager works. Related Post: What Is ESG?

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