Acceptable Risk Business Continuity Security 
IT Governance BC
JANUARY 12, 2021
Cyber security risk assessments are essential for organisations to protect themselves from malicious attacks and data breaches. But what exactly does a risk assessment do? In the example above, organisations would almost certainly address any risk that scored 12 or more but accept risks that scored 3 or less.
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.
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MHA Consulting
AUGUST 3, 2023
In today’s post, we’ll lay out what these domains are, reveal which ones tend to get overlooked, and explain how knowing about the domains can help business continuity professionals reduce their organizations’ risks and bolster their resilience. Risk management is not one-size-fits all.
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.
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.
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
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. Unfortunately, many companies do not get their money’s worth when it comes to implementing risk mitigation controls. This is all to the good.
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