Risk Management Monitor

DECEMBER 5, 2022

As risk management professionals, these rapid changes have made our job more important than ever to our organizations. Yet the majority of our organizations—particularly in C-suites—remain far from giving risk management experts the seat at the table they need to effectively safeguard against enterprise threats, digital or otherwise.

Technology 76

Technology Risk Management Strategic Government 76

Fusion Risk Management

NOVEMBER 3, 2022

Here are also some stats to help build the business case: According to the “Cost of Data Breach Report 2022,” the average cost of a data breach continued to rise in 2022, reaching an average of $4.4 Circling back to third-party risks, fines for violating sanctions can range from $90,000-$1.5 million globally.

Resilience 96

Resilience Mitigation Cybersecurity Risk Management 96

Fusion Risk Management

JANUARY 20, 2022

This in turn allows you to leverage real-time data to make informed decisions, engage the right people at the right times, and end up in a place where you’re proactively identifying risks and mitigating those threats. At every stage of response, risk and resiliency are delivering visibility, agility, and engagement.

Resilience 52

Resilience Pandemic Mitigation Risk Management 52

Recovery Diva

MAY 12, 2022

Review of Justice, Equity, and Emergency Management, e dited by Allessandra Jerolleman and William L. Community, Environment and Disaster Risk Management. Emerald Publishing Ltd. Review by Donald Watson, co-author with Michele Adams of Design for Flooding: Resilience to Climate Change (Wiley 2011).

Management 113

Management All-Hazards Transportation Authorization 113

Security Industry Association

JUNE 5, 2023

In 2022, unofficially there were over 1,200 requests for SEAR designation, not all of which were approved – this indicates both awareness and need. Cory Peterson is the risk manager for the city of Lakewood, Colorado. It is imperative to enable law enforcement agencies to respond effectively to mitigate these evolving threats.

Authorization 98

Authorization All-Hazards Mitigation Government 98

Castellan

MAY 16, 2022

In fact, according to respondents in the 2022 Global BCM Compensation Report , about 60% anticipate having a hybrid work solution with one to four days in the office and the rest remaining remote. How do you know which new risks exist and how can your organization better plan to respond? Understanding Remote Work Risks.

Resilience 98

Resilience Management BCM Business Continuity 98

Solutions Review

MARCH 16, 2022

PMI Risk Management Professional (PMI-RMP). Description: This course allows you to validate your knowledge of identification and assessment of the project risks, mitigation of the threats, and opportunities enhancement with PMI Risk Management Professional (PMI-RMP) certification. Go to training.

Backup 52

Backup Disaster Recovery Risk Management Cybersecurity 52

Solutions Review

FEBRUARY 3, 2022

Description: This course will outline the differences between a business continuity plan and a disaster recovery plan, how to identify risks or threats, how downtime can impact an organization, and how to mitigate that downtime. The course begins with a discussion about risks, threats, and incidents. GO TO TRAINING.

Business Continuity 52

Business Continuity Disaster Recovery Continuity Planning Crisis Management 52

Risk Management Monitor

JULY 28, 2022

With millions of employees continuing to work remotely part- or full-time, 2022 summer office outings may represent one of the first “all hands” get-togethers for many employers since the COVID-19 pandemic began.

Mitigation 40

Mitigation Activation Risk Management Pandemic 40

NexusTek

JANUARY 17, 2024

What this means is that your companys own internal security practices are now only partial protection; a comprehensive security program must now include cyber risk management strategies that cover your supply chain. 2022, April 13). 7 top trends in cybersecurity for 2022. Supply chain risk management.

Malware 52

Malware Management Risk Management Cybersecurity 52

Fusion Risk Management

DECEMBER 12, 2022

BCI World Hybrid 2022 Learnings. Fusion was fortunate to host a roundtable during the BCI World Hybrid 2022 conference in November. 43% of those polled said that their business continuity program was part of a more integrated strategy in their company like risk , while 36% said that their business continuity program still stands alone.

Resilience 52

Resilience Financial Services Risk Management Business Services 52

Solutions Review

DECEMBER 13, 2022

As part of Solutions Review’s third-annual #BUDRInsightJam , we called for the industry’s best and brightest to share their data protection predictions for 2022. states – will ratchet up in 2022. The EU already has a draft AI regulation in place , and in 2022 we can expect to see many other countries move in that direction.

Backup 98

Backup Application Government Security 98

Fusion Risk Management

SEPTEMBER 12, 2022

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. percentage points from January 2017 to January 2022.”

Resilience 52

Resilience Insurance Insurance Outsourcing 52

everbridge

APRIL 20, 2023

Schedule demo The significance for organizations In practical terms, organizations must adopt a strategic approach to addressing climate risk and resilience. Additionally, 41% of participants stated that they had zero budget designated to manage critical events. Download study This trend has significant implications for organizations.

Hazard 52

Hazard All-Hazards Risk Management Strategic 52

everbridge

MAY 3, 2024

The Digital Operational Resilience Act (Regulation (EU) 2022/2554) solves an important problem in the EU financial regulation. Before DORA, financial institutions managed the main categories of operational risk mainly with the allocation of capital, but they did not manage all components of operational resilience.

Resilience 52

Resilience Risk Management Change Management Communications 52

Risk Management Monitor

AUGUST 4, 2022

Extraordinary congestion at critical global ports, decreased availability of key raw materials and component parts, rising freight bills and an increasingly tight job market have all contributed to the need for companies to create an effective logistics risk management program. How Did We Get Here? It’s Not Over Yet.

Logistics 45

Logistics Transportation Pandemic Capacity 45

LogisManager

FEBRUARY 10, 2022

What Is Reputational Risk For Banks. That’s why it’s more important than ever to ensure you’re taking the right steps to use it to your advantage, which all starts with strong risk management. In the banking industry, managing reputational risk is a complex and ongoing discipline. Fraud & corruption.

Banking 52

Banking Risk Management Strategic Evaluation 52

Fusion Risk Management

MAY 19, 2022

Persons conducting business in the United States to maintain risk-based sanctions compliance policies and procedures. Thus, internal sanctions-related policies and procedures should be updated to account for new risks related to such services and mitigating actions should be taken as appropriate.”. Tips for Success.

Banking 52

Banking Evaluation Consulting Publishing 52

Pure Storage

OCTOBER 4, 2023

In this article, we’ll discuss what the new framework entails, who it affects, and how telcos can prepare their IT infrastructures to comply with the framework’s primary piece of legislation: the Telco (Services) Act (TSA) , which was passed into law in October 2022.

Telecommunications 52

Telecommunications Authorization Cybersecurity Government 52

everbridge

MAY 30, 2023

For example, 83% of the organizations polled in IBM’s Cost of a Data Breach Report 2022 have experienced more than one data breach. This means more hours spent on developing new products, or enhancing products that already exist, instead of time lost to risk mitigation.

Resilience 52

Resilience Crisis Management Mitigation Risk Management 52

everbridge

MAY 2, 2023

Assess and monitor the risks The first step in addressing chronic hazards is to assess the risks that they pose to the organization. As with any risk management strategy, it is important for businesses to also monitor and review their approach to chronic hazards on an ongoing basis.

Hazard 52

Hazard All-Hazards Risk Management Resilience 52

Solutions Review

JANUARY 25, 2023

Supply chain mapping will grow in importance in 2023 as it also helps in identifying concentration risk or compliance risk, allowing businesses to see the early warning signals, predict potential disruptions, identify supply chain bottlenecks and take proactive measures to mitigate risks, and maintain competitiveness.

Backup 116

Backup Government Application Security 116

Fusion Risk Management

APRIL 28, 2022

Forecasters have predicted that we may see another hectic hurricane season in 2022. Some forecasters are even saying that 2022 will be on par with 2021, which had 21 named storms, seven hurricanes, and four hurricanes that reached Category 3 or above. appeared first on Fusion Risk Management. Are You Prepared?

Disaster Recovery 52

Disaster Recovery Communications Logistics Hospitality 52

Reciprocity

OCTOBER 7, 2024

According to the Verizon 2022 Data Breach Investigations Report, 62 percent of all data breaches happen via third-party vendors. Toyota, a leading global auto manufacturing company, experienced a third-party data breach in 2022. Third-party data breaches can happen at any time to any organization.

Audit 52

Audit Cybersecurity Evaluation Risk Management 52

Fusion Risk Management

AUGUST 9, 2022

Salesforce’s 2022 State of the Connected Customer report found that 88% of customers believe that trust is more important in times of great change. appeared first on Fusion Risk Management. Let’s take a look at recent history, using one of the most refined and progressive information-recording tools in modern history… the meme.

Resilience 52

Resilience Mitigation Risk Management Communications 52

Plan B Consulting

JANUARY 8, 2024

Permacrisis: Although it was the Collins Dictionary’s word of the year for 2022, “permacrisis” will continue to affect all of us in 2024. Organisations will need to ensure their plans, planning, and risk management comply with relevant regulations and mitigate financial losses from disruptions.

Business Continuity 52

Business Continuity Insurance Insurance Continuity Planning 52

Business Resilience Decoded

FEBRUARY 10, 2022

Episode 92: How DEI Should Connect to Your Business Goals and Operations with Kevin Clayton, VP of diversity, inclusion and community engagement for the NBA's Cleveland Cavaliers This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Request a demo at [link] today!

Sports 36

Sports Disaster Recovery Media Crisis Management 36

Business Resilience Decoded

FEBRUARY 10, 2022

This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Disaster Recovery Journal: Register for DRJ’s weekly (Wednesday) webinar series: [link] Register for DRJ Spring 2022: Resiliency Transformed: [link]. Request a demo at [link] today! Connect with the podcast!

Sports 36

Sports Disaster Recovery Media Crisis Management 36

Business Resilience Decoded

FEBRUARY 10, 2022

This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Disaster Recovery Journal: Register for DRJ’s weekly (Wednesday) webinar series: [link] Register for DRJ Spring 2022: Resiliency Transformed: [link]. Request a demo at [link] today! Connect with the podcast!

Sports 36

Sports Disaster Recovery Media Crisis Management 36

Reciprocity

MARCH 24, 2022

These findings (and many more) show that fraud is a widespread risk that can affect any organization, its business continuity, and its reputation. So what can your organization do to minimize the possibility of fraud and mitigate its potential harm? Internal auditors can also search for fraud and mitigate potential damages.

Audit 52

Audit Banking Activation Authorization 52

Fusion Risk Management

FEBRUARY 7, 2023

Useful Resources Norton Rose Fulbright: [link] PwC: [link] Herbert Smith Freehills: [link] White & Case: [link] The post Clarity from Chaos: the Global Regulatory Challenge appeared first on Fusion Risk Management.

Financial Services 52

Financial Services Resilience Crisis Management Vulnerability 52

Security Industry Association

AUGUST 15, 2023

Identity management encompasses many aspects of risk management, public policy, fraud prevention, privacy, data analysis, risk and governance, information technology and security. “My My sincere congratulations to the 2023 Identity Management Scholarship winners, Colin and Constantine,” said Hébert. “My

Security 52

Security Management Authentication Education 52

Risk Management Monitor

DECEMBER 3, 2021

An increasingly key theme year over year, resilience is at the root of the latest Excellence in Risk Management India report from Marsh and RIMS—and the RIMS Risk Forum India 2021 virtual event , where the report was officially released today. Doing so increases the ability to develop effective responses.

Resilience 45

Resilience Pandemic Risk Management Crisis Management 45

Reciprocity

OCTOBER 9, 2024

This task has become increasingly complex in a landscape marked by sophisticated cyber threats—a fact underscored by a 2023 independent survey which revealed a significant rise in ransom payments, with the average amount paid soaring from $812,380 in 2022 to $1,542,333 in 2023. government contractors.

Cybersecurity 40

Cybersecurity Audit Risk Management Vulnerability 40

Reciprocity

OCTOBER 9, 2024

This task has become increasingly complex in a landscape marked by sophisticated cyber threats—a fact underscored by a 2023 independent survey which revealed a significant rise in ransom payments, with the average amount paid soaring from $812,380 in 2022 to $1,542,333 in 2023. government contractors.

Cybersecurity 40

Cybersecurity Audit Risk Management Vulnerability 40

Plan B Consulting

OCTOBER 17, 2022

The Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) was the first federal cyber breach notification act which was signed into law on the 1st of March 2022, by President Biden. The Rule applies from 1 May 2022. Cyber Incident Reporting for Critical Infrastructure Act.

Banking 40

Banking Publishing Cybersecurity Security 40

Solutions Review

JANUARY 25, 2024

Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns. In fact, SlashNext’s latest State of Phishing report revealed a 1,265% increase in phishing emails since the launch of ChatGPT in November 2022.

Authentication 142

Authentication Cybersecurity Security Government 142