MHA Consulting

AUGUST 3, 2023

(Sometimes the potential consequences of a given risk are too small to worry about.) Rather, we do it as a starting point for conducting a cost/benefit analysis of each risk and ultimately applying one of the four main risk mitigation strategies: risk acceptance, risk avoidance, risk limitation, or risk transfer.

Risk Management 95

Risk Management Management All-Hazards Mitigation 95

MHA Consulting

FEBRUARY 29, 2024

In essence, risk management is about being mature, practical, and proactive in actively managing down risk to make the organization more prepared to limit impacts and ensure operational resiliency. Following the risk assessment. Identified risks should not just be ignored with the hope the impact will not occur.

Management 52

Management Risk Management Mitigation Strategic 52

Reciprocity

OCTOBER 7, 2024

As such, your audit reports can be outdated, with one previously unknown vulnerability being exploited by hackers, otherwise known as “zero-day vulnerabilities.” Nevertheless, if third-party vendor relationships are poorly managed, they can expose businesses to several hazards. Cybersecurity threats evolve constantly.

Cybersecurity 52

Cybersecurity Audit All-Hazards Risk Management 52