Plan B Consulting

OCTOBER 4, 2024

In today’s bulletin, Charlie looks at the recent collapse of ISG and gives an insight into what we can learn about supply chain management. You Outsource the Activity, Not the Risk: A fundamental lesson when managing supply chains is that if your supplier fails, the risk is still yours.

Outsourcing 52

Outsourcing Hospitality Media Consulting 52

Fusion Risk Management

SEPTEMBER 1, 2021

In today’s world, where we have seen massive supply chain disruptions, data breaches, enforcement actions, and a stunning series of customer failures, the world of third-party risk management (TPRM) has never been under more scrutiny. Let’s examine what third-party risk management means. breach, management departures, etc.).

Risk Management 52

Risk Management Management Outsourcing Fashion 52

Fusion Risk Management

JANUARY 31, 2024

As organizations begin to determine the impact that DORA has on their specific business, a common thread has emerged: while Information and Communication Technology (ICT) Third-Party Risk Management (TPRM) is its own pillar in the regulation, TPRM touches on all other pillars of the regulation.

Management 52

Management Risk Management Activation Outsourcing 52

MHA Consulting

FEBRUARY 9, 2023

Try a Dose of Risk Management Wise organizations determine how much risk they will accept then make conscious efforts to bring their risk down below that threshold. Offloading Risk to Third-Party Vendors The next type of risk transference is when an organization hires a third-party vendor to take on an activity and its associated risks.

Insurance 98

Insurance Insurance Outsourcing Mitigation 98

Fusion Risk Management

AUGUST 17, 2021

Ask yourself one question: when is the last time I updated my third-party risk management policy and presented it to the board for approval? The scrutiny is going to get even more stringent in a post-COVID world since so many institutions had to rely on aggressive outsourcing. desktop procedures).

Management 52

Management Audit Outsourcing Risk Management 52

Online Computers

SEPTEMBER 3, 2021

These professional networks need proper management, which is why there is a growing demand for network management services. What are network management services? What are the key components of network management? Network configuration management. Network performance management. Network security management.

Management 52

Management Outsourcing Malware Internet 52

Fusion Risk Management

OCTOBER 18, 2024

Here are a few examples: Cloud Service Providers : These organizations offer cloud computing technologies that enable financial institutions to store, manage, and access data remotely. With the shift towards digital operations, having a reliable cloud service is essential for data management and operational efficiency.

Telecommunications 52

Telecommunications Cloud Computing Outsourcing Cybersecurity 52

Fusion Risk Management

AUGUST 12, 2024

The CrowdStrike incident demonstrates that security is no longer a sufficient lens for firms to manage technology risk through. Whilst security is a pillar of resilience, resilience is a broader and more practical framework for managing a business and its risks. The Active Comptroller Michael J. It doesn’t work.” 3 billion 12.

Outage 52

Outage Airlines Outsourcing Insurance 52

everbridge

JUNE 7, 2023

Relying on a critical event management (CEM) platform via managed services is an optimal way to address the barriers inhibiting organizational resilience. Consider the following challenges organizations face today, and how managed services can help resolve them. What is managed services?

Resilience 52

Resilience Management Outsourcing Account Manager 52

everbridge

SEPTEMBER 2, 2021

Yet first responders, cybersecurity experts, emergency managers, and others in crisis management must remain vigilant. The pandemic has been characterized by twists and turns, and crisis managers can still expect it to be a factor as the hurricane and wildfire seasons, as well as potentially early winter storms, kick-off.

Command Center 98

Command Center Management Pandemic Strategic 98

Fusion Risk Management

FEBRUARY 16, 2023

It’s common that many businesses outsource aspects of their operations, but in doing so, they are responsible for ensuring the security posture of those external entities – which is operationally complex, to say the least. This was the objective of our latest innovations to Fusion’s third-party risk management solution.

Risk Management 52

Risk Management Management Outsourcing Mitigation 52

LogisManager

MAY 9, 2023

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. I predict by next year they too will conclude that it was a failure in risk management.

Banking 98

Banking Risk Management Management Corporate Governance 98

IBM Business Resiliency

MAY 20, 2021

With leaner supply chain management techniques and approaches like outsourcing, offshoring, just-in-time inventory and vendor managed inventory, disruption has worldwide consequences. Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers.

Risk Management 96

Risk Management Resilience Management Benchmark 96

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? Setting up metrics is essential for the success of your vendor risk management (VRM) program.

Management 52

Management Risk Management Cybersecurity Strategic 52

NexusTek

MAY 25, 2022

Furthermore, losing IT knowledge and expertise can have a direct impact on the management and upkeep of your company’s IT systems. Managed IT Services as a Strategy for Curtailing High IT Turnover. Are you interested in exploring managed services as a retention strategy for your IT talent? CONTACT US. 2021, September 8).

Outsourcing 97

Outsourcing Cloud Computing Retail Technology 97

Castellan

JUNE 15, 2021

BC Management recently released its 2021 Business Continuity Management Event Impact Report in partnership with Witt O’Brien’s. While business continuity, crisis management, and operational resilience teams tackled the pandemic and other business disruptors throughout the year, many did so with small teams.

Business Continuity 52

Business Continuity Management Pandemic Outage 52

Reciprocity

SEPTEMBER 30, 2022

Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security. This is why third-party risk management and healthcare data security are critical. What is Healthcare Vendor Risk Management? The Need for Third-party Risk Management in Healthcare.

Healthcare 52

Healthcare Management Vulnerability Risk Management 52

Reciprocity

SEPTEMBER 11, 2024

Evaluate current risk management processes. The Broad Categories in a Checklist Every audit will be structured in its own way, depending on the company, its operations, the regulations governing that business, and other details. Still, all cybersecurity audits do need to address several broad categories. How well are they working?

Audit 52

Audit Cybersecurity Vulnerability Outsourcing 52

Online Computers

MARCH 8, 2024

In these challenging times, it becomes imperative for nonprofits to judiciously manage their resources and ensure that they utilize their donors’ contributions efficiently. Improved fundraising – Robust digital tools facilitate donor outreach, campaign management, and online giving, significantly enhancing fundraising efforts.

Cloud Computing 52

Cloud Computing Outsourcing Malware Strategic 52

LAN Infotech

NOVEMBER 6, 2023

Whether you’re a small startup or a large enterprise, managing your IT needs effectively is crucial. When you hear the term “IT services,” think of it as outsourcing specific IT functions to a third-party provider. IT services include setting up and managing these processes.

Outsourcing 52

Outsourcing Cloud Computing Cybersecurity Technology 52

Online Computers

MARCH 8, 2024

In these challenging times, it becomes imperative for nonprofits to judiciously manage their resources and ensure that they utilize their donors’ contributions efficiently. Improved fundraising – Robust digital tools facilitate donor outreach, campaign management, and online giving, significantly enhancing fundraising efforts.

Cloud Computing 52

Cloud Computing Outsourcing Malware Strategic 52

PagerDuty

AUGUST 20, 2024

Operations Centers are relied on to manage these disruptions and ensure quick recovery. However, leading companies are using automation to manage chaos, drive innovation, and build the operational resilience required for modern digital businesses. This reduces cost and customer impact.

Resilience 69

Resilience Alert Outage Outsourcing 69

Pure Storage

MARCH 21, 2022

Collecting and analyzing evidence of malicious network activity. This role could be an in-house team, outsourced, or hybrid. If outsourced or hybrid, a designated employee should act as a liaison. Incident Manager. Retrieving lost data from physical and virtual devices. Liaising and collaborating with law enforcement.

Emergency Response 105

Emergency Response Emergency Response Backup Outsourcing 105

LAN Infotech

MAY 3, 2022

Retrieving this plan is one of the first steps that your managed IT provider should take to help you mitigate the incident. Even if the threat actors don’t communicate that they have stolen your data, it’s good practice to check your firewall logs for any suspicious outbound activities.

Cybersecurity 52

Cybersecurity Malware Response Plan Outsourcing 52

Fusion Risk Management

FEBRUARY 10, 2022

In our previous blog “ The Importance of Ongoing Monitoring ,” we discussed what we often describe as the forgotten pillar of third-party risk management: ongoing monitoring. Tracking and managing complaints can be challenging. The post Ongoing Monitoring with a Complaint Focus appeared first on Fusion Risk Management.

Evaluation 52

Evaluation Outsourcing Risk Management Media 52

National Fire Protection Association

JUNE 5, 2023

Both in-house personnel and outsourced personnel should be considered as part of the recovery plan. If a particular task requires a qualified person, that need must be met whether or not the laborer is supplied in house or by an outsourced contractor. A site-specific safety plan should be in place before any potential disaster occurs.

Disaster Recovery 93

Disaster Recovery All-Hazards Hazard Outsourcing 93

Stratogrid Advisory

JUNE 15, 2020

Last Updated on June 15, 2020 by Alex Jankovic Reading Time: 5 minutes In our previous articles , we outlined the reasons why the Business Continuity Management (BCM) Program is essential to your organization. The conclusion was that to be successful and effective, Business Continuity Planning must be an organization-wide activity.

BCM 52

BCM Impact Analysis Continuity Planning Disaster Recovery 52

Stratogrid Advisory

JUNE 15, 2020

In our previous articles , we outlined the reasons why the Business Continuity Management (BCM) Program is essential to your organization. The conclusion was that to be successful and effective, Business Continuity Planning must be an organization-wide activity. Reading Time: 5 minutes. It’s happening everywhere! Change is required!

BCM 52

BCM Impact Analysis Continuity Planning Disaster Recovery 52

LAN Infotech

FEBRUARY 14, 2022

Security information and event management. Monitoring of logs and activities on company systems to identify a breach before it happens. Outsource to an IT company. Your best shot could be to get managed cybersecurity security. More importantly, you’ll enjoy the flexibility that comes with managed solutions.

Cybersecurity 97

Cybersecurity Outsourcing Security Technology 97

Fusion Risk Management

SEPTEMBER 12, 2022

Are you able to respond to and manage all of the SLAs (service-level agreements) that you’re required to adhere to contractually? . Your customer may ask you to meet a specific SLA in the event of a data breach so that they can activate their incident management processes .

Resilience 52

Resilience Insurance Insurance Outsourcing 52

PagerDuty

AUGUST 20, 2024

Operations Centers are relied on to manage these disruptions and ensure quick recovery. However, leading companies are using automation to manage chaos, drive innovation, and build the operational resilience required for modern digital businesses. This reduces cost and customer impact.

Resilience 52

Resilience Alert Outage Outsourcing 52

LAN Infotech

FEBRUARY 18, 2022

Your data protection policy should explain how your company aligns with the following: IT management. Records management. If your employees consent to surveillance, you should track all their digital activities. A sound surveillance system should: Record employee activities. Help with reporting any suspicious activity.

Security 52

Security Activation Outsourcing Malware 52

Pure Storage

JUNE 27, 2022

Pure’s Capacity Management Guarantee . Asset management, capacity management, shipping logistics and lifecycle management including non-disruptive capacity upgrades and any required service infrastructure refresh.” . In contrast, Pure takes customer service, ease of management, and SLAs very seriously.

Capacity 98

Capacity Publishing Architecture Logistics 98

Plan B Consulting

DECEMBER 12, 2022

I have been wanting to write something on incident management for a while now. We can have our plans and incident teams, but they need a process by which they manage an incident. Here are a few thoughts on ideas for next year! Some thoughts will be coming your way in the New Year.

Outsourcing 52

Outsourcing Business Continuity Consulting Activation 52

Plan B Consulting

DECEMBER 12, 2022

I have been wanting to write something on incident management for a while now. We can have our plans and incident teams, but they need a process by which they manage an incident. Here are a few thoughts on ideas for next year! Some thoughts will be coming your way in the New Year.

Outsourcing 52

Outsourcing Business Continuity Consulting Activation 52

Plan B Consulting

DECEMBER 12, 2022

I have been wanting to write something on incident management for a while now. We can have our plans and incident teams, but they need a process by which they manage an incident. Here are a few thoughts on ideas for next year! Some thoughts will be coming your way in the New Year.

Outsourcing 52

Outsourcing Business Continuity Consulting Activation 52

Online Computers

JANUARY 16, 2023

Not only can cybercriminals steal data from nonprofits, but they can also disrupt these organizations’ ability to carry out activities, which can be detrimental to the lives of people who depend on them. Cyberattacks pose actual threats to the nonprofit sector. This is why you should make cybersecurity and donor data safety your top priority.

Media 52

Media Authentication Cybersecurity Outsourcing 52