MHA Consulting

MARCH 14, 2024

Enterprise Risk Management is the activity of identifying and mitigating the hazards that threaten an organization (definition from Strong Language: The MHA Glossary of Essential Business Continuity Terminology , available for free download with registration). ERM is all about reducing. ERM also increases a few things.

Risk Management 52

Risk Management Management All-Hazards Mitigation 52

Online Computers

JULY 14, 2023

If you’re looking for ways to increase the profitability of your New York business, consider using AI and reap the following benefits: Optimized workflows AI enables businesses to automate and streamline various operational processes, leading to enhanced efficiency and productivity that allows employees to focus on higher-value activities.

Advertising 52

Advertising Retail Healthcare Insurance 52

Reciprocity

SEPTEMBER 30, 2022

And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety. Vendor Due Diligence.

Healthcare 52

Healthcare Management Vulnerability Risk Management 52

Advancing Analytics

MAY 23, 2022

Auto-insurer Tokio Marine use computer vision system for examining damaged vehicles. In the insurance business, Tokio Marine, a Japanese-based property and casualty insurer use computer vision to analyse and evaluate damaged cars, speeding up the evaluation process. Manufacturing. Source: isurancejournal.com.

Advertising 52

Advertising Retail Healthcare Transportation 52

National Fire Protection Association

NOVEMBER 2, 2022

All these stakeholder groups must be fully engaged in doing their part to truly help minimize associated safety risks.

All-Hazards 52

All-Hazards Hazard Education Transportation 52

everbridge

OCTOBER 7, 2024

For instance, part of any plan for continuity is insurance. If a Chinese supplier doesn’t have insurance and is wiped out by a weather disaster such as the flooding in the Henan province in 2021 that killed 302 and cost $16.5 Air travel may be affected by volcanic activity, severe storms, or even tsunami.

Insurance 52

Insurance Insurance Resilience Disaster Recovery 52

Reciprocity

MARCH 24, 2022

Emerging businesses that are just starting or organizations with no established vendor risk management activities. Initial vision and ad hoc activity. The organization is considering how to implement third-party risk activities, or third-party risk management operations are carried out on an as-needed basis.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Erwood Group

JULY 12, 2022

Plan Activation. Insurance Contact Information. Recovery Team Activation. This should also outline the specific activities of the plan including: Detailing the departments and/or functional areas the plan covers and calling out the specific supporting processes that role up into the function. Plan Activation.

Continuity Planning 114

Continuity Planning Business Continuity BCP Disaster Recovery 114

Reciprocity

APRIL 4, 2022

More specifically, within digital risk management are the active measures that businesses can take to protect their assets: digital risk protection. DRP is the active piece of the cybersecurity puzzle, and is an imperative for every organization. What is Digital Risk Protection?

Mitigation 52

Mitigation Malware Cybersecurity Media 52

Fusion Risk Management

MARCH 8, 2023

involved Throughout the session, the Q&A aspect was very active, with much engagement and participation from Fusion’s product and product marketing teams as well as various other clients who were interested in learning more details about how our guest speaker utilizes Fusion’s dashboards and Advanced Reporting functionality.

Financial Services 52

Financial Services Risk Management Application Resilience 52

Pure Storage

FEBRUARY 24, 2022

They can even send information back to the engine’s manufacturer, where it can be used to enhance product design and performance in future engine components. These services are also used by airlines, insurance companies, agricultural agencies, transportation services, freight companies, and event organizers.

Healthcare 52

Healthcare Airlines Insurance Insurance 52

Castellan

DECEMBER 1, 2021

A business continuity management process is the key to identifying which activities will reduce risk and eliminating the activities that are less beneficial. The remainder of this article describes the business continuity management process and how each part of the process drives the effort towards value-added activities.

Business Continuity 40

Business Continuity Management Activation Risk Management 40

Security Industry Association

APRIL 7, 2022

Strict privacy laws and regulations, such as the Health Insurance Portability and Accountability Act (HIPAA), are important considerations when deploying and financing security solutions in the health care sector. Unfortunately, the challenges do not end here. Protecting Patients and Privacy. Managing Data. Lockdown Functionality.

Hospitality 52

Hospitality Security Technology Alert 52

Plan B Consulting

JULY 6, 2022

Once organisations were well into the pandemic, it quickly became evident that there was a need to get back all activities, and organisations couldn’t follow their staggered recovery as detailed within their BIA. They were dead right on the losers and winners of the pandemic as shown in the table below. Productivity and motivation.

Pandemic 52

Pandemic Entertainment Tourism Telecommunications 52

Plan B Consulting

JULY 6, 2022

Once organisations were well into the pandemic, it quickly became evident that there was a need to get back all activities, and organisations couldn’t follow their staggered recovery as detailed within their BIA. They were dead right on the losers and winners of the pandemic as shown in the table below. Productivity and motivation.

Pandemic 52

Pandemic Entertainment Tourism Telecommunications 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. So compliance risk management requires a complex web of compliance activities (from change management to compliance monitoring, and much more) to assure that all enterprise business units conform to applicable laws. The compliance program ties together several components of compliance activities.

Management 52

Management Audit Banking Media 52

Security Industry Association

MAY 12, 2021

The 2021 Exhibitor List also not only features a wide-array of product solutions new to the market, but serves as a diverse access point to technologies from both premier manufacturers and hidden gems in the field—noting an influx of small-to-medium sized businesses participating for 2021.

Education 52

Education Marketing Security Pandemic 52

Reciprocity

AUGUST 18, 2022

Passing or sharing the risk via insurance, joint venture, or another arrangement. Any organization can benefit from ISO 31000 regardless of size, activity, or sector. The two fundamental components of ERM are (1) the evaluation of significant risks, followed by (2) application of adequate responses. Prevention or termination of a risk.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

MARCH 28, 2022

The reactions to risk include: Acceptance or toleration of a risk; Prevention or termination of a risk; Passing or sharing the risk via insurance, joint venture, or another arrangement; Mitigating or reducing the risk by internal control procedures or other risk-prevention measures.

Risk Management 52

Risk Management Management Mitigation All-Hazards 52

Reciprocity

MARCH 24, 2022

Internal fraudsters might engage in fraudulent activity for years by taking advantage of their “trusted insider” status. Without a robust control environment, fraudsters can exploit a weakness or take advantage of their position or influence to commit a fraudulent activity. Fraud is often difficult to detect.

Audit 52

Audit Banking Activation Authorization 52

Reciprocity

SEPTEMBER 23, 2022

version of the European Union’s General Data Protection Regulation ( GDPR ), has many American companies overhauling their approach to privacy protection in data processing activities. GDPR uses the word “processing” to describe any activity involving data. The two privacy laws have many differences.

Government 52

Government Activation Audit Application 52

Reciprocity

OCTOBER 1, 2022

OCEG also notes that although organizations have been governed, and risk and compliance have long been managed in the business environment, many businesses have not approached these activities in a mature way, “nor have these efforts supported each other to enhance the reliability of achieving organizational objectives.”

Government 52

Government Internet Risk Management Audit 52

Plan B Consulting

JULY 6, 2022

Once organisations were well into the pandemic, it quickly became evident that there was a need to get back all activities, and organisations couldn’t follow their staggered recovery as detailed within their BIA. They were dead right on the losers and winners of the pandemic as shown in the table below. Productivity and motivation.

Pandemic 40

Pandemic Entertainment Tourism Telecommunications 40

Reciprocity

NOVEMBER 5, 2021

Control Activities. ERM must be continuously monitored to stay on top of the evolving risk landscape through internal audits, external audits, and as a part of ongoing management activities. Monitoring. ZenGRC Can Ease the ERM Burden. ZenGRC is an integrated software platform that can help you create and sustain your ERM program.

Risk Management 52

Risk Management Management Audit Strategic 52

Reciprocity

AUGUST 17, 2022

Since operational risks are constant, varied, and increasingly complex, ORM is an ongoing activity. These risks relate to systems, people, and business processes – anything that can affect its ongoing business activities. Risk measurement and mitigation. Controls implementation. Risk monitoring and risk data reporting.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

DECEMBER 19, 2022

Include a method for workers to report compliance problems and fraudulent or illegal activities anonymously and without fear of reprisal. Set the expectation that workers would communicate proactively and in a timely way, whether it is to ask compliance questions, report difficulties, or address ethical concerns.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

AUGUST 24, 2022

Ongoing monitoring of vendor compliance activities assures alignment with your legal requirements because non-compliance with these regulations frequently carries steep fines. Business Continuity. Vendor business continuity affects your organization’s business continuity, and ultimately your reputation.

Management 52

Management Risk Management Cybersecurity Strategic 52

Erwood Group

JULY 7, 2022

While business continuity is often looked at as a cost center in that it doesn’t directly attribute revenue to the business, it is an extremely important activity that reduces potential and real losses in revenue in several ways. Establish policies and procedures to coordinate incident response activities with public entities.

Business Continuity 52

Business Continuity Impact Analysis Continuity Planning Communications 52

Risk Management Monitor

MAY 2, 2023

Recognizing a lifetime of outstanding service and achievement in the risk profession, the society’s top honor, the Harry and Dorothy Goodell Award, was presented to Joan Schmit, distinguished chair of risk management and insurance at the University of Wisconsin-Madison. but remains a leader with the RIMS Chicago Chapter.

Risk Management 97

Risk Management Insurance Insurance Management 97

Emergency Planning

MARCH 23, 2022

Disaster’ refers to an event that causes damage, destruction, interruption of services and important activities, and possibly casualties. Security’ involves protection against major threats, such as terrorist activity. Recovery involves ‘bouncing back’ or better still ‘bouncing forward’ to a state of greater safety. The citizen 4.1

Resilience 244

Resilience All-Hazards Emergency Planning Hazard 244

LogisManager

FEBRUARY 28, 2025

Supply Chain Chaos and Safety Violations: Why Manufacturers Need ERM Now Last Updated: February 28, 2025 Manufacturing companies are no strangers to uncertainty. By identifying, assessing, and mitigating risks before they escalate, manufacturers can protect their bottom line and safeguard their reputation. What Is ERM?

Manufacturing 52

Manufacturing Risk Management Strategic Vulnerability 52

Stratogrid Advisory

JUNE 3, 2020

Regardless of the industry (non-profit organizations, professional services companies, manufacturing, public sector, etc.), The BCM program contains three distinct implementation phases; its activities are outlined in the table below. This is why Business Continuity Management (BCM) is a program and not a project.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Regardless of the industry (non-profit organizations, professional services companies, manufacturing, public sector, etc.), The BCM program contains three distinct implementation phases; its activities are outlined in the table below. An added benefit to a more resilient organization will be lower insurance rates.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52