BCM Insurance Resilience 
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. All of these standards are valuable, well-regarded tools that are capable of helping organizations become more resilient. The Gold Standard FFIEC is the most aggressive standard in the U.S.
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.
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MHA Consulting
FEBRUARY 15, 2024
Related on MHA Consulting: BCM Software Buyer’s Guide: Five Things to Know Before You Buy Introducing RMIS Recently, we’ve been getting many questions from our consulting clients about whether their organizations should consider investing in an RMIS. Incident Management.
eBRP
JANUARY 14, 2025
To build an Adaptive, Resilient Enterprise , organizations must move beyond conventional Business Continuity Management (BCM) approaches. Traditional BCM is often limited to tactical response plans, perceived simply as insurance policies that rarely spark high-level executive engagement.
MHA Consulting
MARCH 2, 2023
Identifying and reducing residual risk is the most cost-effective way of making an organization more resilient. Strengthening these elements of basic infrastructure is an efficient way of reducing risk and improving resiliency. Residual risk is one of the foundational concepts of business continuity management.
MHA Consulting
MARCH 21, 2024
In today’s post, we’ll look at the measures hospitals and other facilities that care for patients can and should take to improve their resilience in the face of the rising threat. Related on MHA Consulting: Be Ransomware Resilient: Know How to Operate Manually A Healthcare System Under Attack Last month, the U.S.
MHA Consulting
APRIL 20, 2023
In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. Related on MHA Consulting: Who’s the Boss?
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