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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

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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.

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What Does Good Look Like in the Era of Operational Resilience?

Fusion Risk Management

A notable incident in 2018 involved a significant IT failure at UK bank TSB, prompting detailed reviews by UK regulators. 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.

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The Best Risk Management Software to Consider for 2021 and Beyond

Solutions Review

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.

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The Best Risk Management Courses on Udemy to Consider for 2021

Solutions Review

The editors at Solutions Review have compiled this list of the best Risk Management courses on Udemy to consider taking. Risk management is an essential skill in the data protection space. This list of the best risk management courses on Udemy below includes links to the modules and our take on each.

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Impact tolerance in operational resilience: A guide for businesses  

everbridge

From the framework defined by the Bank of England a key component of defining metrics around important business services is impact tolerance an essential concept that offers some tangible goals to determine how much disruption a business can tolerate before its operations, the consumers, the company or even the market are jeopardized.

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The Colonial Pipeline Hack: Failure in Risk Management

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Colonial Pipeline Hack: Failure in Risk Management. In recent years, these attacks have affected everyone from banks and hospitals to universities and municipalities; almost 2,400 organizations in the United States were victimized last year alone. About the Author: Steven Minksy. Colonial Pipeline Hack: Introduction.

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What is operational resilience?

everbridge

This concept, as defined by the European Banking Authority, emphasizes ensuring that essential services continue to function amid challenges such as cyber-attacks, natural disasters, regulatory changes, or supply chain disruptions. Regularly test frameworks through drills and simulations , ensuring readiness during high-stress events.