BCM Disaster Recovery Insurance 
MHA Consulting
FEBRUARY 16, 2023
This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. law enforcement), and your insurance and regulatory communication and notification requirements. Most companies have a pretty good handle on the tactical side of crisis management.
IT Governance BC
JULY 30, 2024
According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. So, for business continuity management [BCM] purposes, it’s better to come at it from the other direction: What processes [business activities] are critical to your organisation?
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MHA Consulting
MARCH 23, 2023
FFIEC is, of course, one of many standards that organizations can adopt and seek to come into alignment with to strengthen their BCM programs. For this reason, it is often referred to as the Gold Standard of BCM standards. The Gold Standard FFIEC is the most aggressive standard in the U.S. marketplace.
MHA Consulting
FEBRUARY 9, 2023
There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity. The Promise and Pitfalls of Insurance Insurance is the most frequently used and easiest method of risk transference.
MHA Consulting
MAY 11, 2023
They can benefit organizations by helping keep the recovery team personnel sharp and making business continuity part of the organization’s culture. Many companies limit their disaster recovery drills to tabletop exercises, which are the least realistic and least demanding type of BC drills.
MHA Consulting
MAY 11, 2023
They can benefit organizations by helping keep the recovery team personnel sharp and making business continuity part of the organization’s culture. Many companies limit their disaster recovery drills to tabletop exercises, which are the least realistic and least demanding type of BC drills.
Stratogrid Advisory
APRIL 12, 2020
In the “ An Introduction to Business Continuity Planning ” article, we outlined the main components of the Business Continuity Management (BCM) Program and introduced the basics of Business Continuity Planning (BCP). non-profits, law or accounting firms, insurance firms/brokers, professional service firms, architecture firms, etc.)
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