Acceptable Risk Business Continuity Event 
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.
Zerto
AUGUST 24, 2023
The third crucial step in risk assessment is risk control, which involves crafting effective strategies to mitigate the identified risks. There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer.
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MHA Consulting
FEBRUARY 15, 2024
An emerging hot topic in business continuity and risk management is the software known as a risk management information system (RMIS). An RMIS can help an organization identify, assess, monitor, and mitigate risks, but often they merely seduce and distract companies that are not in a position to make proper use of them.
MHA Consulting
AUGUST 24, 2023
More simply, the job of the risk manager is to identify, prioritize, and mitigate the risks faced by the organization. Risk Management and Business Continuity The relationship of the risk management department and the business continuity office varies by organization. Reducing risk.
MHA Consulting
MARCH 2, 2023
Reducing risk is at the heart of everything we do as business continuity professionals. This week’s blog post will spell out the key concepts relating to this all-important goal; call it “The Ultimate Guide to Residual Risk.” Inherent risk is the danger intrinsic to any business activity or operation.
MHA Consulting
FEBRUARY 9, 2023
Incorporates a combination of the strategies of risk avoidance and risk acceptance. Risk transfer: Passing risk on to another organization, such as by hiring a third-party vendor to perform the associated function. You still need to have a program to ensure the continuity of your business.
MHA Consulting
OCTOBER 19, 2022
For the past few years the news has been a drumbeat of threatening events—and the beat seems to be growing louder. In such times, the best thing an organization can do is get serious about risk management. It’s enough to make an organization leader or business continuity professional feel unwell. And then keep it going.
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