Acceptable Risk, Activation and Management - Continuity Professionals Pulse

Risk Management as a Career: A Guide for BCM Professionals

MHA Consulting

AUGUST 24, 2023

For those with a suitable temperament and skill set, a career in risk management can be rewarding due to the field’s broad scope, consequential nature, and rising prominence. In this week’s post, we’ll look at what a risk manager does and the skills it takes to excel in this role. It’s a permanent ongoing activity.

Risk Management

Risk Management BCM Management All-Hazards

Risk Management Process – Part 3c: Risk Control

Zerto

AUGUST 24, 2023

There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer. Risk control’s critical importance lies in its ability to minimize the impact of potential risks and avert costly and disruptive events.

Risk Management

Risk Management Management Acceptable Risk Mitigation

These 8 Risk Domains Are the Meat and Potatoes of Risk Management

MHA Consulting

AUGUST 3, 2023

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains. Risk management is not one-size-fits all.

Risk Management

Risk Management Management Strategic All-Hazards

Managing Enterprise Risk: Understanding the 8 Risk Domains

MHA Consulting

FEBRUARY 29, 2024

In enterprise risk management (ERM), risk is commonly divided into eight distinct risk domains, some strategic and some operational. Before we discuss the eight risk domains, there are three general points about risk management that are worth keeping in mind: 1. Following the risk assessment.

Management

Management Risk Management Mitigation Strategic

Business Continuity and Risk Management

BCP Builder

FEBRUARY 1, 2024

What is the relationship between Business Continuity and Risk Management? The relationship between Business Continuity and Risk Management depends on the organization. In most cases, Business Continuity is a sub-domain of Risk Management. It is a collection of good management practices linked together.

Risk Management

Risk Management Business Continuity All-Hazards Management

Global Turmoil Making You Ill? Try a Dose of Risk Management

MHA Consulting

OCTOBER 19, 2022

In such times, the best thing an organization can do is get serious about risk management. Related on BCMMETRICS: The ABCs of ERM: The Rise of Enterprise Risk Management An Unstable Global Environment Not since the height of the Cold War has the global environment felt as shaky as it does now.

Risk Management

Risk Management Management Mitigation Business Continuity

The Ultimate Guide to Residual Risk

MHA Consulting

MARCH 2, 2023

Related on MHA Consulting: Know Your Gaps: Manage Residual Risk to Keep Your Company Safe Inherent Risk vs. Residual Risk There are two main kinds of risk when it comes to organizational activities and business continuity: inherent risk and residual risk.

Mitigation

Mitigation BCM Acceptable Risk Risk Management

How to Offload Your Risk to a Third Party

MHA Consulting

FEBRUARY 9, 2023

Risk transference is one of the four main strategies organizations can use to mitigate risk. Try a Dose of Risk Management Wise organizations determine how much risk they will accept then make conscious efforts to bring their risk down below that threshold. 2) Is the vendor resilient?

Insurance

Insurance Insurance Outsourcing Mitigation

5 Steps towards an Actionable Risk Appetite

LogisManager

JANUARY 12, 2023

Risk appetites and tolerances are the perfect way to make data-driven, performance-enhancing decisions while developing a system to understand when and where your business is taking on too much risk, or not taking on enough. Risk Appetite. Risk Tolerance. Risk Appetite.

Acceptable Risk

Acceptable Risk Strategic Activation Mitigation

Important KPIs for Successful Vendor Management

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? The six risks listed below are a good place to start.

Management

Management Risk Management Cybersecurity Strategic

Who’s the Boss? Successful Risk Mitigation Requires Centralized Leadership

MHA Consulting

FEBRUARY 23, 2023

Try a Dose of Risk Management As a business continuity professional, I tip my hat to any organization that makes a serious effort to reduce its risks. Simply put, successful risk management requires centralized risk mitigation leadership. Related on MHA Consulting: Global Turmoil Making You Ill?

Mitigation

Mitigation Authorization Risk Management Risk Reduction

SOC 2 vs ISO 27001: Key Differences Between the Standards

Reciprocity

SEPTEMBER 23, 2022

Designed by the International Standards Organization (ISO), ISO 27001 spells out industry standards for an information security management system (ISMS). The ISO 27001 statement of applicability focuses on preserving the confidentiality, integrity, and availability of information as part of the risk management process.

Audit

Audit Accreditation Acceptable Risk Security

Guide: Complete Guide to the NIST Cybersecurity Framework

Reciprocity

OCTOBER 9, 2024

For almost ten years, NIST has been at the forefront of developing comprehensive cybersecurity risk management frameworks. These families categorize the wide array of cybersecurity measures recommended for robust information security management. PM – Program Management: Oversight and management of security programs.

Cybersecurity

Cybersecurity Audit Risk Management Vulnerability

Guide: Complete Guide to the NIST Cybersecurity Framework

Reciprocity

OCTOBER 9, 2024

For almost ten years, NIST has been at the forefront of developing comprehensive cybersecurity risk management frameworks. These families categorize the wide array of cybersecurity measures recommended for robust information security management. PM – Program Management: Oversight and management of security programs.

Cybersecurity

Cybersecurity Audit Risk Management Vulnerability

The Difference Between Strategic and Operational Risk

Reciprocity

AUGUST 17, 2022

Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. This article addresses common questions about strategic and operational risk, such as: What are strategic risks and operational risks?

Strategic

Strategic Risk Management Mitigation Evaluation

Continuity Professionals Pulse

Risk Management as a Career: A Guide for BCM Professionals

Risk Management Process – Part 3c: Risk Control

Trending Sources

These 8 Risk Domains Are the Meat and Potatoes of Risk Management

Managing Enterprise Risk: Understanding the 8 Risk Domains

Business Continuity and Risk Management

Global Turmoil Making You Ill? Try a Dose of Risk Management

The Ultimate Guide to Residual Risk

How to Offload Your Risk to a Third Party

5 Steps towards an Actionable Risk Appetite

Important KPIs for Successful Vendor Management

Who’s the Boss? Successful Risk Mitigation Requires Centralized Leadership

SOC 2 vs ISO 27001: Key Differences Between the Standards

Guide: Complete Guide to the NIST Cybersecurity Framework

Guide: Complete Guide to the NIST Cybersecurity Framework

The Difference Between Strategic and Operational Risk

Stay Connected