MHA Consulting

AUGUST 3, 2023

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains. Exactly what those domains are will be detailed in a moment.

Risk Management 95

Risk Management Management Strategic Mitigation 95

LogisManager

DECEMBER 12, 2023

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

Strategic 59

Strategic Corporate Governance Risk Management Mitigation 59

everbridge

OCTOBER 7, 2024

While leveraging technology is already a standard practice, investment strategies should focus on five critical areas: AI For Early Warning & Predictive Analytics: Anticipate & Mitigate Risks Artificial Intelligence’s (AI) predictive analytics and early warning capabilities help organizations anticipate and swiftly adapt to potential risks.

Strategic 59

Strategic Resilience Communications Hazard 59

Reciprocity

AUGUST 17, 2022

Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. On the other hand, confusion about risks – and especially about strategic and operational risks – undermines an organization’s ability to manage risk well.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Pure Storage

JANUARY 20, 2022

Through big data analytics, organizations can predict emerging trends and discover valuable insights that help them make strategic decisions. This allows them to deploy their marketing dollars more strategically by creating and executing better-targeted marketing campaigns. Digitize Your Supply Chain for Insights and Resilience.

Advertising 139

Advertising Retail Marketing Audit 139

MHA Consulting

APRIL 27, 2023

However, for long term security, businesses need to balance a concern for those areas with vigilance about the other types of risk: strategic, compliance, and reputational. The wise organization develops strategies and plans to mitigate and prepare for all five types of risk. Let’s take a closer look at each type: Operational.

Mitigation 98

Mitigation Pandemic Risk Management Strategic 98

LogisManager

FEBRUARY 1, 2024

Prioritize Risk with Precision If you look at a series of failed test activities in silos you will never know where to start and why. A failed control that was close to its desired outcome and expected performance should not be prioritized over a failed activity that had a much larger deviation from its required goal.

Risk Management 105

Risk Management Management Strategic Activation 105

LogisManager

DECEMBER 12, 2023

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

Strategic 52

Strategic Corporate Governance Risk Management Mitigation 52

Fusion Risk Management

OCTOBER 7, 2021

When thinking about GRC, it is a broad term used to define the programs and practices that organizations implement to monitor and mitigate risks, verify compliance and regulatory alignment, and align these elements to organizational goals. Strategic objectives should be tied across every program throughout the enterprise.

Risk Management 98

Risk Management Management Strategic Fashion 98

Zerto

APRIL 6, 2023

Risk management describes how a business identifies, analyzes, and responds to threats and risk factors that impact its profitability, viability, and strategic goals. We will end the series with an overview of the risk prioritization and mitigation stages of the process.

Risk Management 98

Risk Management Management Impact Analysis Disaster Recovery 98

MHA Consulting

AUGUST 24, 2023

It’s a permanent ongoing activity. More simply, the job of the risk manager is to identify, prioritize, and mitigate the risks faced by the organization. Knowledge of how to mitigate risks. Defining the Risk Framework The risk framework refers to the activities that make up the role of risk manager.

Risk Management 98

Risk Management BCM Management All-Hazards 98

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. In our last post, we examined the risk analysis step of risk assessment.

Risk Management 98

Risk Management Management Acceptable Risk Mitigation 98

LogisManager

JANUARY 22, 2024

Successful leaders in the IT Governance space will proactively identify and mitigate threats before they can be exploited. Rather than waiting for something to go awry, your organization from the top down is actively assessing gaps in process, policy, or procedures and addressing items most likely to manifest in a critical way.

Government 105

Government Cybersecurity Corporate Governance Risk Management 105

Pure Storage

JANUARY 20, 2022

Through big data analytics, organizations can predict emerging trends and discover valuable insights that help them make strategic decisions. This allows them to deploy their marketing dollars more strategically by creating and executing better-targeted marketing campaigns. Digitize Your Supply Chain for Insights and Resilience.

Advertising 97

Advertising Retail Marketing Audit 97

MHA Consulting

FEBRUARY 29, 2024

In enterprise risk management (ERM), risk is commonly divided into eight distinct risk domains, some strategic and some operational. In essence, risk management is about being mature, practical, and proactive in actively managing down risk to make the organization more prepared to limit impacts and ensure operational resiliency.

Management 52

Management Risk Management Mitigation Strategic 52

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 Strategic All-Hazards Evaluation 59

Zerto

SEPTEMBER 30, 2022

Operational resilience protects your organization’s ability to produce and deliver its goods and services, in turn mitigating the impact on your customers and your reputation. To build an effective operational resilience strategy, you must develop: Strong strategic operational management, with shared vision and purpose.

Resilience 98

Resilience Corporate Governance Impact Analysis Cyber Resilience 98

LogisManager

SEPTEMBER 21, 2021

However, they recently realized that their user access review process was manual and antiquated, pulling critical time and resources away from achieving these strategic goals. LogicManager is a fully integrated, risk-based platform – it’s designed to help our clients perform any business process in a way that effectively mitigates risk.

Healthcare 96

Healthcare Audit Pandemic Risk Management 96

everbridge

MARCH 4, 2022

Everbridge CSO Tracy Reinhold offers advice and insights for how security leaders can mitigate threats, protect their people, and drive organizational success. In the past, there were key indicators that would be indicative of people engaged in insider threat activity: logging onto your computer at odd times, working odd hours, etc.

Security 116

Security Malware Pandemic Vulnerability 116

LogisManager

JANUARY 12, 2023

This guide will explore the difference between risk appetites and risk tolerances, as well as 5 major steps you can take to ensure these statements are actively propelling your business toward a better tomorrow. Align Tolerances with Strategic Goals Your organization’s goals can be categorized in many ways. Operational.

Acceptable Risk 52

Acceptable Risk Strategic Activation Mitigation 52

LogisManager

APRIL 14, 2024

Its reporting serves two primary purposes: aligning risks and activities with strategic objectives and demonstrating the effectiveness of enterprise risk management (ERM) programs. However, conveying this information effectively to the Board requires finesse and strategic presentation.

Strategic 52

Strategic Risk Management Mitigation Activation 52

LogisManager

NOVEMBER 9, 2021

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? How can your legal team be sure that they’re including the appropriate clauses to mitigate the risk if they don’t understand the risk that is present?

Management 97

Management Mitigation Disaster Recovery Publishing 97

everbridge

SEPTEMBER 2, 2021

Strategic Vectors that Mitigate Harm During Severe Weather. Four strategic vectors are key to reducing the harm that could result from a single, let alone multiple, severe weather events: People – Ensure that the people and the roles you’ve relied on in the past are still in place.

Command Center 98

Command Center Management Pandemic Strategic 98

Castellan

DECEMBER 13, 2021

In just a few weeks, the team shifted to an active response phase, and, at the time, had 150 plans in their environment to take into consideration. The pandemic pivot provided a unique opportunity for everyone to review plans and ensure that information was accurate, up-to-date, and ready for activation.

Risk Management 98

Risk Management Pandemic Management Business Continuity 98

Security Industry Association

OCTOBER 1, 2024

There’s also the risk of false positives or negatives – misclassifying benign activities as threats or missing actual threats – which can lead to security gaps or unnecessary alarms. Strategic decision making is also a domain where I shouldn’t replace human judgment.

Cybersecurity 104

Cybersecurity Strategic Security Technology 104

On Solve

JULY 8, 2021

An effective business continuity plan enables organizations to be proactive about avoiding or mitigating disruption. If your organization doesn’t have a business continuity plan in place, the first step is to form a planning team that will consider a range of scenarios and strategize how to act in each situation.

Continuity Planning 90

Continuity Planning Business Continuity Alert All-Hazards 90

PagerDuty

NOVEMBER 1, 2024

AIOps utilizes big data analytics and machine learning (ML) to proactively identify and resolve issues in real-time by enabling these institutions to do more with less so IT teams can improve service delivery and focus on more strategic initiatives while reducing operational costs.

Education 59

Education Resilience Outage Strategic 59

LogisManager

JUNE 1, 2024

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.

Corporate Governance 52

Corporate Governance Risk Management Government Management 52

Reciprocity

DECEMBER 20, 2022

Internal auditing gives insight into an organization’s culture, policies, and processes while assisting board and management supervision by checking internal controls such as operational effectiveness, risk mitigation mechanisms, and compliance with relevant laws or regulations. How Do Internal and External Audits Differ?

Audit 98

Audit Management Evaluation Activation 98

Pure Storage

NOVEMBER 14, 2022

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.

Healthcare 98

Healthcare Backup Authorization Capacity 98

Reciprocity

AUGUST 18, 2022

The result should be better, more strategic decision-making. ERM is the process of methodically identifying and dealing with any potential events that could threaten the achievement of strategic objectives or competitive advantage opportunities. Mitigating or reducing the risk by internal controls or other risk-prevention measures.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Security Industry Association

AUGUST 25, 2023

As drone activity in the nonmilitary space continues to rise, private and commercial organizations are considering their risk and how they will respond if a drone enters their airspace. While asymmetric in comparison, a recent nonmilitary incident stateside points to the evolution of using drones to carry out nefarious and criminal activity.

Security 94

Security Marketing Technology Activation 94

Reciprocity

MARCH 28, 2022

Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.

Risk Management 52

Risk Management Management Mitigation Strategic 52

LogisManager

FEBRUARY 29, 2024

There is a line of thought that corporate workers, remote or onsite, are prone to laziness, shortcuts, and misrepresentation of their activities, all for the pursuit of their inherently selfish needs. Leaders need to pivot from merely ensuring employees are present to actively assisting them in prioritizing outcomes over outputs.

Corporate Governance 64

Corporate Governance Risk Management Activation Cybersecurity 64

everbridge

APRIL 20, 2023

Schedule demo The significance for organizations In practical terms, organizations must adopt a strategic approach to addressing climate risk and resilience. How organizations can address the risk To address this challenge, organizations must take a strategic approach to climate resilience and risk management.

Hazard 52

Hazard All-Hazards Risk Management Strategic 52

Reciprocity

OCTOBER 7, 2024

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. It’s equally important to revisit the plan regularly, to identify any new risks and ensure that the existing risk mitigation measures are still effective.

Risk Management 52

Risk Management Management Response Plan Evaluation 52

BCP Builder

FEBRUARY 1, 2024

However, some Business Continuity Plans may contain lower level risks that are important to the department but not significant to the organization as a whole Risk Management is focused on the mitigation of issues and Business Continuity is more concerned about a worst case scenario action plan.

Risk Management 52

Risk Management Business Continuity All-Hazards Management 52