Remove Acceptable Risk Remove Business Continuity Remove Vulnerability
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A brief guide to cyber security risk assessments

IT Governance BC

Cyber security risk assessments are essential for organisations to protect themselves from malicious attacks and data breaches. After all, it’s only once you’re aware of the ways you’re vulnerable that you can put appropriate defences in place. But what exactly does a risk assessment do?

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

MHA Consulting

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.

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Risk Management Process – Part 3c: Risk Control

Zerto

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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The Ultimate Guide to Residual Risk  

MHA Consulting

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.

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

MHA Consulting

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. Surely, the company that has implemented all of them has reduced the risk at its facilities to the bare minimum. I wish it were true.

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How to Offload Your Risk to a Third Party

MHA Consulting

There are four main strategies for mitigating risk : · Risk acceptance: Making a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. Risk avoidance: Altering organizational behavior to eliminate a given risk. If you don’t have a copy, you should grab one.)

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Managing Enterprise Risk: Understanding the 8 Risk Domains

MHA Consulting

In today’s post, we’ll look at what these domains are, reveal which tend to get overlooked, and explain how knowing about the domains can help business continuity (BC) professionals reduce their organizations’ risks, bolster their resilience, and protect their stakeholders. Following the risk assessment.