Zerto

AUGUST 24, 2023

The third crucial step in risk assessment is risk control, which involves crafting effective strategies to mitigate the identified risks. There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer.

Risk Management 98

Risk Management Management Acceptable Risk Mitigation 98

MHA Consulting

FEBRUARY 23, 2023

Many companies spend millions of dollars implementing risk mitigation controls but are kept from getting their money’s worth by a disconnected, piecemeal approach. Successful risk mitigation requires that a central authority supervise controls following a coherent strategy.

Mitigation 97

Mitigation Authorization Risk Management Risk Reduction 97

LogisManager

FEBRUARY 1, 2024

Boost Your Risk Management Strategy with Enhanced Metric Collection, Collaboration, and Accountability Published: February 1, 2024 LogicManager’s latest product release is designed to empower testing programs with improved metric collection and control validation, ensuring accuracy and reliability.

Risk Management 105

Risk Management Management Strategic Activation 105

Castellan

DECEMBER 13, 2021

That’s what we discussed in an episode of Castellan’s new podcast, Business, Interrupted , with Melanie Lucht, Associate Vice President and Chief Risk Officer at Carnegie Mellon University. At Carnegie Mellon, Lucht got a unique opportunity to lead its new enterprise risk management department with an emphasis on organizational resilience.

Risk Management 98

Risk Management Pandemic Management Business Continuity 98

Zerto

FEBRUARY 7, 2024

With the global surge in cybercrime—particularly ransomware attacks —and occasional outages of cloud services , enterprise risk management is just the latest initiative that needs attention. What would happen to your organization’s day-to-day operations if your Microsoft Azure Active Directory (Azure AD) stopped working?

Activation 114

Activation Backup Outage Authentication 114

Fusion Risk Management

OCTOBER 7, 2021

Risk management is typically discussed under two categories: Governance, Risk, and Compliance (GRC) or Integrated Risk Management (IRM). Strategic risk. What is strategic risk, and how do you manage it? Solutions Customer Summit Series.

Risk Management 98

Risk Management Management Strategic Fashion 98

Solutions Review

SEPTEMBER 9, 2021

Solutions Review’s listing of the best risk management software is an annual mashup of products that best represent current market conditions, according to the crowd. To make your search a little easier, we’ve profiled the best risk management software providers all in one place. The Best Risk Management Software.

Risk Management 98

Risk Management Management Audit Hospitality 98

IT Governance BC

DECEMBER 16, 2024

Risk only ceases to exist when you shut the doors. If we know that security incidents are a matter of when, not if, how should organisations approach risk management? Suppose youve identified a risk, and youve implemented a control to mitigate it. Youll still need to accept the risk exists.

Cyber Resilience 75

Cyber Resilience Resilience Risk Management Mitigation 75

everbridge

NOVEMBER 15, 2024

Plans, projects and technologies may occupy most of your time, but it’s worth taking a step back to reflect on how your resilience-focused activities may be aligned…or misaligned. This standard offers a blueprint to enhance resilience, optimize risk management, and refine strategic planning. Perhaps you’ve wondered about this.

Resilience 59

Resilience All-Hazards Strategic Evaluation 59

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. However, the evidence was inconclusive so their strategy continued unchanged.

Banking 98

Banking Risk Management Management Corporate Governance 98

IBM Business Resiliency

MAY 20, 2021

Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers. Here are four ways to build a cohesive risk management strategy that you can use to proactively prevent and mitigate risks across the supply chain. No supply chain is without risk.

Risk Management 96

Risk Management Resilience Management Benchmark 96

LogisManager

JUNE 4, 2024

As a trusted advisor, you face the challenge of assembling information across functions and levels while maintaining a comprehensible picture of risk. How do you currently quantify your organization’s risks? Are you able to link operational risks to the strategic goals they impact?

Corporate Governance 105

Corporate Governance Strategic Risk Management Activation 105

LogisManager

MARCH 14, 2025

Where SoD is Essential in Risk Management Separation of Duties applies anywhere conflicts of interest or lack of oversight could lead to bad outcomes. In an Enterprise Risk Management (ERM) platform , that means: Risk Identification: The person flagging a risk shouldnt be the one approving it.

Government 52

Government Audit Mitigation Evaluation 52

Fusion Risk Management

NOVEMBER 19, 2024

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. Operational resilience transcends mere checklists; it is the outcome of effective operational risk management.

Resilience 59

Resilience Banking Vulnerability Crisis Management 59

LogisManager

DECEMBER 19, 2023

Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. What Is Strategic Risk Management? What Is Enterprise Risk Management (ERM)?

Risk Management 52

Risk Management Strategic Management Mitigation 52

Reciprocity

OCTOBER 8, 2024

Digital risk is created by the new technologies that a company adopts to help accelerate its digital transformation. Digital risk management refers to how a company assesses, monitors, and treats those risks that arise from digital transformation. Digital risk management is a critical part of business management.

Risk Management 52

Risk Management Management Media Vulnerability 52

Reciprocity

OCTOBER 8, 2024

Digital risk is created by the new technologies that a company adopts to help accelerate its digital transformation. Digital risk management refers to how a company assesses, monitors, and treats those risks that arise from digital transformation. Digital risk management is a critical part of business management.

Risk Management 52

Risk Management Management Media Vulnerability 52

MHA Consulting

MARCH 14, 2024

Risk can never be eliminated but it can be mitigated. In today’s post, we’ll take a look at how organizations can get started using Enterprise Risk Management (ERM) to reduce their exposure and improve their resilience. Risk can never be completely removed, but it can be mitigated.

Risk Management 52

Risk Management Management All-Hazards Mitigation 52

Reciprocity

OCTOBER 7, 2024

As ever more business operations rely on software systems and online platforms, the range of cybersecurity risks they face become ever more complex. A strong risk management process can help, enabling organizations to detect potential threats, gauge the potential disruption, and implement mitigation plans to minimize the risk of harm.

Risk Management 52

Risk Management Management Response Plan Evaluation 52

LogisManager

JUNE 1, 2024

The Role Corporate Governance Plays in Risk Management Last Updated: June 4, 2024 As an auditor, compliance officer or risk manager, you’re used to balancing the delicate processes that impact your company’s performance.

Corporate Governance 52

Corporate Governance Risk Management Government Management 52

MHA Consulting

FEBRUARY 9, 2023

Risk transference is one of the four main strategies organizations can use to mitigate risk. 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. 2) Is the vendor resilient?

Insurance 98

Insurance Insurance Outsourcing Mitigation 98

BCP Builder

FEBRUARY 1, 2024

What is the relationship between Business Continuity and Risk Management? The relationship between Business Continuity and Risk Management depends on the organization. In most cases, Business Continuity is a sub-domain of Risk Management. It is a collection of good management practices linked together.

Risk Management 52

Risk Management Business Continuity All-Hazards Management 52

LogisManager

OCTOBER 12, 2021

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

Risk Management 52

Risk Management Management Insurance Insurance 52

Reciprocity

OCTOBER 8, 2024

Enterprise risk management (ERM) can be a challenging endeavor – but a rewarding one, too. To reap the full benefits, risk management teams must understand what those barriers are, and the techniques you can use to overcome them. Training and supervision are also risk management and mitigation activities.

Risk Management 52

Risk Management Management Corporate Governance Audit 52

Reciprocity

OCTOBER 8, 2024

Enterprise risk management (ERM) can be a challenging endeavor – but a rewarding one, too. To reap the full benefits, risk management teams must understand what those barriers are, and the techniques you can use to overcome them. Training and supervision are also risk management and mitigation activities.

Risk Management 52

Risk Management Management Corporate Governance Audit 52

Castellan

APRIL 1, 2022

At a high level, it may seem natural to use the terms business continuity management and enterprise risk management interchangeably. What is Enterprise Risk Management (ERM)? Differences Between Business Continuity Management and Enterprise Risk Management. LEARN MORE. Working Together.

BCM 98

BCM Risk Management Business Continuity Resilience 98

MHA Consulting

MARCH 2, 2023

Residual Risk There are two main kinds of risk when it comes to organizational activities and business continuity: inherent risk and residual risk. Inherent risk is the danger intrinsic to any business activity or operation. This leftover risk is the residual risk.

Mitigation 95

Mitigation BCM Acceptable Risk Risk Management 95

Security Industry Association

MARCH 3, 2025

This tech can identify suspicious activities such as loitering, abandoned objects or unauthorized access attempts, automatically alerting operators to potential threats. Elevating security operations aligns with C-level priorities for risk mitigation and operational excellence. Where do humans fit? So what now?

Security 64

Security Strategic Technology Alert 64

MHA Consulting

OCTOBER 19, 2022

In such times, the best thing an organization can do is get serious about risk management. Related on BCMMETRICS: The ABCs of ERM: The Rise of Enterprise Risk Management An Unstable Global Environment Not since the height of the Cold War has the global environment felt as shaky as it does now.

Risk Management 52

Risk Management Management Mitigation Business Continuity 52

MHA Consulting

JUNE 15, 2023

Vulnerability management is the practice of identifying and mitigating the weaknesses in an organization’s people, processes, and technology. Then we work with the client on devising a plan to mitigate those weaknesses—and do all we can to get them to follow through on the plan (otherwise, what’s the point?). Don’t be that guy.

Vulnerability 98

Vulnerability Management Mitigation Risk Management 98

LogisManager

JANUARY 14, 2025

For risk managers, onboarding is more than just welcoming new team members it’s about ensuring everyone understands compliance while preventing business risks. Risk managers can use automation to train new employees without increasing security risks. Encourage Collaboration Safety is a team effort.

Audit 52

Audit Risk Management Security Vulnerability 52

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. Additional important ERM components are risk philosophy or strategy, risk culture, and risk appetite. Two ERM Must-Haves.

Risk Management 52

Risk Management Management Mitigation All-Hazards 52

Reciprocity

AUGUST 18, 2022

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.

Risk Management 52

Risk Management Management Mitigation Strategic 52

LogisManager

APRIL 14, 2024

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.

Strategic 103

Strategic Risk Management Mitigation Activation 103

Reciprocity

NOVEMBER 5, 2021

The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

MHA Consulting

APRIL 27, 2023

During COVID, business tended to focus on only two of the five risk types; however, organizations that want to prosper over the long term need to be cognizant of and plan for all five kinds of risk. Over the medium and long term, these last three risk types have the power to do grave injury to the company.

Pandemic 98

Pandemic Mitigation Risk Management Strategic 98

LogisManager

JANUARY 4, 2022

Risk Management Approach for an Organization? There are many different terms for integrated risk management (IRM); GRC (governance, risk and compliance), as well as ERM (enterprise risk management) are two acronyms commonly used interchangeably with IRM. What is Integrated Risk Management?

Risk Management 52

Risk Management Management Activation Government 52