MHA Consulting

AUGUST 24, 2023

They include process and procedural robustness and integrity; people, skills, and training; insurance and self-insurance; the supply chain, outsourcing, and inherent risk; infrastructure, systems, and telecommunications; and physical and information security. Transferring risk. Accepting risk.

Risk Management 98

Risk Management BCM Management All-Hazards 98

MHA Consulting

AUGUST 3, 2023

First, risk management is not about being Chicken Little worrying that the sky falling; it’s about being mature, practical, and proactive in actively managing down risk to make the organization and its stakeholders more secure. When you get right down to it, everything we do in business continuity is about reducing risk.

Risk Management 95

Risk Management Management All-Hazards Mitigation 95

MHA Consulting

FEBRUARY 23, 2023

This is so whether the company is applying some combination of the four main risk mitigation strategies (risk acceptance, risk avoidance, risk reduction, and risk transfer) or implementing such specific measures as installing a backup power generator or requiring the use of secure VPNs.

Mitigation 97

Mitigation Authorization Risk Management Risk Reduction 97

MHA Consulting

FEBRUARY 9, 2023

. · Risk avoidance: Altering organizational behavior to eliminate a given risk. Risk limitation: Taking measures to reduce risk, short of completely eliminating it. Incorporates a combination of the strategies of risk avoidance and risk acceptance.

Insurance 98

Insurance Insurance Outsourcing Mitigation 98