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. These measures sound impressive.

Mitigation 97

Mitigation Authorization Risk Management Risk Reduction 97

MHA Consulting

MARCH 2, 2023

Inherent risk is the danger intrinsic to any business activity or operation. Residual risk is the amount of risk that remains in an activity after mitigation controls are applied. Putting it in mathematical terms: (Inherent risk) – (the risk eliminated by your mitigation controls) = residual risk.

Mitigation 95

Mitigation BCM Acceptable Risk Risk Management 95

National Fire Protection Association

SEPTEMBER 8, 2023

Ready, a national public service campaign, has earmarked September as National Preparedness Month and urges those of us tasked with protecting people and property from fire, electrical, and related hazards, to work together, help educate, and empower the public to prepare for, respond to, and mitigate emergencies before they become tragedies.

All-Hazards 105

All-Hazards Hazard Emergency Planning Pandemic 105

CCEM Strategies

NOVEMBER 9, 2023

So, what can you do to help mitigate the effects of flooding? By understanding the risks, you can better prepare your business. Consider relocating equipment above the flood line and have a cloud-based backup. What resides in the basement, or if you’re a ground-level business, the first metre from the floor? Your

Emergency Planning 52

Emergency Planning Insurance Insurance Damage Assessment 52

Reciprocity

OCTOBER 7, 2024

Following this assessment, the organization must prioritize risks based on their potential impact and likelihood of occurrence. This helps executives to reach informed decisions on how to mitigate the risks effectively. These controls are safeguards or countermeasures designed to mitigate identified risks to an acceptable level.

Risk Management 52

Risk Management Risk Reduction Audit Evaluation 52

Reciprocity

OCTOBER 7, 2024

Following this assessment, the organization must prioritize risks based on their potential impact and likelihood of occurrence. This helps executives to reach informed decisions on how to mitigate the risks effectively. These controls are safeguards or countermeasures designed to mitigate identified risks to an acceptable level.

Risk Management 52

Risk Management Risk Reduction Audit Evaluation 52

Erwood Group

JANUARY 28, 2024

In one case, just as a measure of preservation alone, I was able to help one retailer set up an offsite backup for their critical payment systems, assuring that they would be able to continue to operate stores and collect credit and check payments for customers as long as the store was open and operational.

Business Continuity 52

Business Continuity Disaster Recovery Continuity Planning Crisis Management 52