BCP Builder

FEBRUARY 1, 2024

A modern 24/7 business cannot tolerate interruption and therefore looks for its resilience teams to prepare for the high risk scenarios which could occur. This allows them to proactively develop pragmatic strategies to mitigate the risk. If flooding is a real risk in your area, then make plans to mitigate against it.

Risk Management 52

Risk Management Business Continuity All-Hazards Management 52

LogisManager

JANUARY 12, 2023

Risk tolerances, on the other hand, set acceptable levels of variation in performance that can be readily measured. For example, a company that says it doesn’t accept risks that could result in a significant loss of its revenue base is expressing a risk appetite. Risk Appetite. Risk Tolerance.

Acceptable Risk 52

Acceptable Risk Strategic Activation Mitigation 52

Reciprocity

AUGUST 17, 2022

Operational risks stem from inadequate or failed internal procedures, employee errors, cybersecurity events, or external events such as a weather disaster. A comprehensive operational risk management (ORM) plan is critical to identify these risks and implement practical steps to manage them. What Is Strategic Risk?

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

OCTOBER 9, 2024

AT – Awareness and Training: Educating users and administrators about security risks and controls. CA – Security Assessment and Authorization: Evaluating the effectiveness of security controls and authorizing system operations. Detect: Define the appropriate activities to identify the occurrence of a cybersecurity event.

Cybersecurity 52

Cybersecurity Audit Risk Management Vulnerability 52

Reciprocity

OCTOBER 9, 2024

AT – Awareness and Training: Educating users and administrators about security risks and controls. CA – Security Assessment and Authorization: Evaluating the effectiveness of security controls and authorizing system operations. Detect: Define the appropriate activities to identify the occurrence of a cybersecurity event.

Cybersecurity 52

Cybersecurity Audit Risk Management Vulnerability 52

Reciprocity

AUGUST 24, 2022

The six risks listed below are a good place to start. Begin by determining your organization’s tolerance for cybersecurity risk. KPIs are metrics based on business outcomes; you are measuring something based on an earlier event. You need to know if a vendor has experienced a data breach or event. Cybersecurity.

Management 52

Management Risk Management Cybersecurity Strategic 52