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Four Impactful Risk Reporting Presentations to Maximize Board Engagement Last Updated: April 14, 2024 The Dual Goals of Risk Management Reporting Risk management is a complex and crucial aspect of organizational governance. However, conveying this information effectively to the Board requires finesse and strategic presentation.
In my experience as both a cyber risk executive at a large global bank and a CISO at a mid-size bank, there are six advanced communication strategies from quantifying the business value of risk mitigation to discussing mistakes tactically that can amplify your influence and impact. Your skills as a presenter matter too.
Step 1: Take a Root-Cause Approach Risk managers should provide a common root cause risk indicator library to process owners so that systemic risks and upstream and downstream dependencies can be easily identified and mitigated. Only after identifying the root cause can you apply effective mitigation tactics.
The Prudential Regulation Authority (PRA), Bank of England (BoE), and Financial Conduct Authority (FCA) jointly issued stringent regulations to mitigate systemic risks and contain potential crises. This presents a unique challenge, as operational risk often operates in silos, complicating the aggregation and effective management of risk.
Four Impactful Risk Reporting Presentations to Maximize Board Engagement Last Updated: April 14, 2024 The Dual Goals of Risk Management Reporting Risk management is a complex and crucial aspect of organizational governance. However, conveying this information effectively to the Board requires finesse and strategic presentation.
The second benefit is the mitigated operational risk of an in-place stateless controller upgrade. The keys to enabling their non-disruptive swap are twofold: Active/passive controllers (sort of): FlashArray is configured with two storage controllers. Run some commands to fail the active older controller to the new one.
15-17 in New York City, and the Security Industry Association (SIA) and ISC East recently revealed full conference details for the SIA Education@ISC East program , including keynote presentations from top luminaries and over 30 sessions from top industry expert speakers on the most current business trends, technologies and industry developments.
As leaders begin making plans for the future, it is imperative to not only focus on hitting targets such as reduced emissions, curtailed deforestation, and investment in renewables, but also proactively mitigate disasters on the path toward a greener world. ACT – Take quick and decisive action to mitigate or eliminate the impact of a threat.
This comprehensive guide provides insights into the proactive processes of identifying, assessing, and mitigating risks associated with strategic decisions. Strategic risk management is a process designed to identify, assess, and mitigate potential internal and external risks associated with strategic decisions.
In 2018, Augusta, Georgia, became the first community to implement NFPA 3000®, Standard for an Active Shooter/Hostile Event Response (ASHER) Program, to address mass casualty event mitigation, planning, response, and recovery. As the panel presentation concluded, Ryan noted the progress that’s been made over time.
It seems as though technology has once again risen up to solve the challenges presented by the changing world. Using Contracts to Mitigate Vendor Risk. Every vendor presents some amount of risk to your organization, and what is a contract if not a control to help mitigate that risk? Smarter Vendor Spend.
One solution designed to help organizations understand and mitigate ransomware risks is the Pure1 Security Assessment. Conduct threat-hunting activities to identify potential indicators of compromise proactively. Conclusion Ransomware is an ever-present and evolving threat to businesses across all sectors.
Everbridge CSO Tracy Reinhold offers advice and insights for how security leaders can mitigate threats, protect their people, and drive organizational success. Which present the biggest challenges for CSOs and their teams? Q: What specific challenges do these new work trends present? Q: The pandemic accelerated new work trends.
The increasing prevalence of weaponized UAS presents a complex challenge to public safety. 32, focusing on the act of mitigating the risk associated with a drone, and highlighting the crucial role the Security Industry Association’s (SIA’s) Counter-UAS Working Group plays in advancing C-UAS-specific regulations within all affected U.S.
Like blockchain, AI has risks, and nefarious actors can use this technology to create disinformation; cause chaos, confusion and criminal activity; respond; and publish disgusting material which may be offensive, biased and unethical. In today’s hyperdigital world, it is not accomplished at the highest performance levels.
New Security Industry Association (SIA) member Nanodems helps organizations streamline operations, mitigate risk and centralize control of their security assets and systems with its intelligent converged platform. AC : The convergence of AI, the Internet of Things and cloud technologies presents enormous opportunities for the industry.
In the UK, 245 people were arrested for terrorism-related activity in the 12 months before 30 September 2024, a 41% increase from the previous 12-month period. How the Act safeguards the public Martyns Law introduces a tiered framework based on the number of people present at a venue or event.
The immense and growing energy demands of AI present a unique opportunity to drive investment in clean energy infrastructure, grid innovation, and efficient system design. Advocate for sustainable policies : Actively support policies and regulations that encourage sustainability in the tech industry.
Mitigating this factor will yield dividends for any organization seeking to reduce Risk. Why didn’t they activate their Disaster Recovery Plan? The Incident Manager on duty (who was on a site visit to the data center at the time) had decided that they did not need the training on how to activate it.
We also heard an extremely moving presentation from electrical arc flash survivor Brandon Schroeder on how a devastating arc flash incident changed his life, as well as the lives of his wife and children.
Security convergence, focused on identity and access governance, links all of these separate departments and operations, so communications and processes actively and collectively address risk preemptively. Wholesale change is occurring and the physical security industry is ‘present at the creation moment’ as this transition continues.”.
From advancements in AI-powered risk mitigation to new paradigms in regulatory compliance, these predictions provide actionable perspectives to help organizations navigate the complexities of 2025. Were finding now that the gold rush isnt the technology itself, its the data that feeds AI and the value it presents.
Beginner’s Guide to Product & System Hardening : These executive-level recommendations from the SIA Cybersecurity Advisory Board are a solid starting point for developing and initiating a comprehensive enterprise cybersecurity strategy to mitigate business risk.
How can their resilience be leveraged, integrated in the safety and mitigation efforts of public and private organizations? By participating in the Disaster Resilient Societies Cluster, Everbridge actively contributes to Project-ENGAGE, in collaboration with a consortium of 14 partners. HUMANITARIAN SUPPORT FOR UKRAINE.
By envisioning and rehearsing responses to worst-case scenarios, participants gain a deeper understanding of potential challenges and the steps needed to mitigate risks. Scenarios should be plausible and relevant, such as a cybersecurity breach, natural disaster, active assailant , or supply chain disruption.
According to the Center for Internet Security over the past six months (DEC 2021–MAY 2022), these ten malware variants consistently made up over 60% of all reported malware activity: Shlayer. Agent Tesla. Arechclient2. The Most Common Cyberthreats.
Organizations continue to operate with limited visibility into user activity and sessions associated with web applications, despite the ever-present risk of insider threats and credential theft, a CyberArk research reveals.
19-21 in New York City, and the Security Industry Association (SIA) and ISC East recently revealed full conference details for the SIA Education at ISC East program , including keynote presentations from top luminaries and over 70 sessions from top industry expert speakers on the most current business trends, technologies and industry developments.
In this rapidly evolving field, AI tools like myself offer significant benefits but also present certain challenges. AI can support by handling routine tasks or providing general guidance, but human insight is essential to navigate the unique challenges presented by physical and OT security.
This blog post covers some of the most exciting improvements, such as a new navigation interface to find the information you need most; improved incident intelligence through past and present incidents; and leverage automation to trigger automated diagnostics and take remediation actions. .
SIA will present Black and Kaltenbaugh with the award at The Advance , SIA’s annual membership meeting, which will be held March 28 during ISC West. He holds the Certified Protection Professional (CPP), Physical Security Professional (PSP) and Certified Security Consultant (CSC) certifications. Learn more and get started as a volunteer.
To create a resilient organization , robust risk intelligence and situational awareness are essential in managing and mitigating the impact of critical events. Especially if your operations are right in that area, or perhaps more so if you have no interest in any activity in that neighborhood. What is Risk Intelligence?
As cyber threats and resulting data breach risks evolve, organizations must prove how they are mitigating these. I very much doubt anyone can answer with any certainty what the EU AI Act will bring, or the UK Online Safety Bill (one of several that present an ever more pressing challenge of bypassing encryption).
The intelligent deployment of security resources centers on understanding and anticipating the complex human behaviors that lead to everything from retail theft to active assailant attacks. At present, the ability of the security industry to analyze video-based social data is fairly basic.
Anticipation strategies and contingency planning often involve foreseeing possible disasters and careful analysis of the present business environment. The department is a 24×7 shop because their customers—especially the police and fire departments—are actively working throughout the day and night.
To effectively mitigate financial and reputational risks, it’s imperative to synchronize your key processes and establish company-wide collaboration. With a unified view of governance, risk management and compliance, your company can actively adjust corporate governance practices to address evolving challenges.
The need for real ransomware mitigation technology is at the top of the list of many strategic plans, as the industry struggles to truly understand how this problem is both manifested and resolved. While there’s a role technology can play, the human element has been left out of many offerings for ransomware mitigation—until now.
As the program matures, various other roles will be needed, possibly including the following: Building Maintenance or Facilities Manager: This individual can provide information on what mitigation steps are already in place for the facility, such as fire suppression and electrical service. Business continuity planning is a social activity.
If you inform yourself about the risks inherent in various courses of actions, and take steps to mitigate them, you can still maneuver. By becoming intimately acquainted with the risks your organization faces—and the measures you have implemented to mitigate them—you can act with confidence even in an unstable environment.
As technology becomes more integral to education, maintaining efficient, secure IT operations while ensuring 24/7 availability presents new challenges for institutions to manage. Colleges and universities have embedded digital tools across their academic environments to provide exceptional experiences for students, faculty, and staff.
Internal controls are policies, procedures, and other activities implemented by a business to assure that it can achieve its objectives. The system should mitigate an organization’s risk of fraud and loss while safeguarding corporate assets and helping the business to achieve its objectives. Control activities.
All organizations and individuals participating in Cybersecurity Awareness Month are encouraged to use the hashtag #becybersmart to promote cyber awareness activities and to encourage others to get involved. .; and Cybersecurity First. Get The The Cyber Response Builder. DOWNLOAD NOW.
Providing a common framework for identifying vulnerabilities makes it easier for different stakeholders to work together in addressing and mitigating potential threats. Risk mitigation: Identifying vulnerabilities is the first step towards mitigating risks.
The immense and growing energy demands of AI present a unique opportunity to drive investment in clean energy infrastructure, grid innovation, and efficient system design. Advocate for sustainable policies : Actively support policies and regulations that encourage sustainability in the tech industry.
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