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Risk-Based Approach to Supply Chain Risk Management

LogisManager

Review: Risk management and internal audit teams regularly evaluate policy adherence and effectiveness. Design: Risk assessment teams identify risks and evaluate their impact. Effective response strategies minimize downtime and financial loss while documenting incidents for future analysis. ISO 31000).

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What Is a Risk Register, and How to Create One

LogisManager

A risk register or risk log is an important project management tool that helps organizations identify, evaluate and address project risks throughout a projects life cycle. Assessment: This involves evaluating the likelihood of the risk occurring and its potential impact on the organization. What Is a Risk Register?

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Download: Separation of Duties (SoD) Checklist

LogisManager

The key reasons for adopting SoD include: Preventing Fraud: By dividing critical tasks among several employees, organizations reduce the likelihood of fraudulent activities, as collusion becomes necessary for misconduct. Risk Assessment: Regularly evaluate areas where SoD might be at risk of failure and implement compensating controls.

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What Is Cyber Extortion? Tips for Securing Your Data

Pure Storage

Continuously monitor system logs to detect unusual activity, such as failed login attempts or unauthorized data transfers. If using vendors or contractors, evaluate their cybersecurity practices to ensure they dont introduce vulnerabilities. Avoid making changes that could erase forensic evidence.

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Conducting effective tabletop exercises for emergency preparedness

everbridge

From understanding their importance to planning, executing, and evaluating these exercises, we’ll walk you through every step to ensure your organization is ready for the challenges that come its way. Purpose of tabletop exercises The primary objective of these exercises is to: Assess the efficiency of response plans.

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Mastering Business Continuity Exercises: Best Practices, Scenarios, and Tools for 2025

BCP Builder

A business continuity exercise is a simulation or activity designed to test an organisations response to potential disruptions. Evaluation Metrics: Time taken to evacuate, system recovery speed, etc. Key Steps: Evacuation plans, backup site activation, and communication strategies.

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Testing your Response Plans: What Would Confucius Say?

On Solve

With the help of Confucius, Dr. Steve Goldman discusses the importance of testing your business resiliency and related response plans. A BR/CM/CC/DR plan exercise validates the plan and procedures, tests/trains responders in simulated real conditions and provides feedback to the plan developers and responders.