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Ensuring Operational Resilience Amidst Geopolitical Events

Fusion Risk Management

Crisis and Incident Response Geopolitical events often necessitate the activation of emergency response and crisis response plans. Collaboration with these entities ensures a coordinated and effective response, enhancing the organization’s ability to mitigate risks as well as protect its employees and operations.

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Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

As our OnSolve leadership team reflects on 2020 and 2021, we note a trend in our conversations with Business Continuity (BC), Enterprise Risk Management (ERM), Physical Security (PS), Travel Risk Management (TRM) and Supply Chain Risk Management (SCRM) leaders. Travel Risk Management. Many risks are unrelated. New Framework for ERM.

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Business Continuity – The Future?

Plan B Consulting

Many organisations, especially those in oil and gas, manufacturing and transport industries, have emergency response plans in place. You might also have business continuity plans in place, but there is often a gap between where the emergency response plans end and the recovery can start.

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Business Continuity – The Future?

Plan B Consulting

Many organisations, especially those in oil and gas, manufacturing and transport industries, have emergency response plans in place. You might also have business continuity plans in place, but there is often a gap between where the emergency response plans end and the recovery can start.

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What The Pipeline Oil Ransomware Attack TAUGHT Us

Assurance IT

With a 5,500-mile-long pipeline that travels over 100 million gallons of gasoline from state to state, it instantly closed due to the impact of the attack. The company called in third-party cybersecurity authorities. Reports are claiming that the DarkSide ransomware group is responsible for the attack. It shut down operations.

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Internal Controls & Fraud Prevention

Reciprocity

For example, all activities related to financial record-keeping, authorization, reconciliations, and reviews should be divided among different employees. This will allow authorized personnel to perform bank reconciliations and verify that the receipts were deposited into the bank, which reduces asset misappropriation or other types of fraud.

Audit 52
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Expect the Unexpected: Looking Back on Season Two of Business, Interrupted

Castellan

It’s got to be muscle memory, and you’ve got to have the right incident response plan. We had to instill confidence in the traveling public and so we did that through the strategic plans,” he recalled. “We “What’s different is the fact that cyber-attacks move so rapidly that you don’t have time to think,” Kastle shared.