MHA Consulting

AUGUST 3, 2023

With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains. Finally, everyone involved in assessing and mitigating risk at an organization needs to make sure their work is custom-tailored to that company’s industry and culture.

Risk Management 95

Risk Management Management All-Hazards Mitigation 95

Bernstein Crisis Management

AUGUST 10, 2023

The Benefits of Crisis Simulations Crisis simulations can provide invaluable insights into an organization’s vulnerabilities and help identify areas for improvement before an actual crisis occurs.

Crisis Management 130

Crisis Management Management BCM Vulnerability 130

MHA Consulting

NOVEMBER 30, 2023

Instead, they should be developed in coordination with the cybersecurity department to ensure that recovery measures do not inadvertently create vulnerabilities that can be exploited by hackers. This can reveal vital information about the heightened vulnerabilities that often arise during recovery. Cyber steering committee.

Security 103

Security Outage Vulnerability Cybersecurity 103

MHA Consulting

MAY 18, 2023

But as their companies grow, business owners can and should start becoming more proactive about mitigating risk. Gradually Becoming More Risk Conscious In the beginning, most ambitious entrepreneurs are going to have little to no interest in talking about risk mitigation. This is natural.

Mitigation 98

Mitigation Consulting Risk Management BCM 98

MHA Consulting

JUNE 22, 2023

Related on MHA Consulting: How to Get Strong: Unlocking the Power of Vulnerability Management The Practice of Vulnerability Management Last week, MHA CEO Michael Herrera wrote a blog about vulnerability management , the practice of identifying and mitigating the weaknesses in an organization’s people, processes, and technology.

Vulnerability 98

Vulnerability BCM Capacity Outage 98

MHA Consulting

FEBRUARY 9, 2023

Risk transference is one of the four main strategies organizations can use to mitigate risk. There are four main strategies for mitigating risk : · Risk acceptance: Making a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis.

Insurance 98

Insurance Insurance Outsourcing Mitigation 98

eBRP

MAY 17, 2018

Within Business Continuity circles there is ongoing debate about the relevance and role of Risk Assessment in developing a BCM program. Traditional, formalized Risk Assessment aims to identify the threats to which our organization is vulnerable. This is the risk mitigation approach in a nut-shell.

BCM 52

BCM Response Plan Mitigation Vulnerability 52

MHA Consulting

JUNE 1, 2023

In recent years, we have entered a uniquely tumultuous period, one characterized by weird weather, global conflict, and heightened supply chain vulnerability, among other challenges. The reason for monitoring threats is to enable the organization to take educated actions to avoid them or mitigate their impact.

All-Hazards 98

All-Hazards Hazard Business Continuity Mitigation 98

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?

Resilience 52

Resilience Mitigation Risk Management BCM 52

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?

Resilience 52

Resilience Mitigation Risk Management BCM 52

MHA Consulting

OCTOBER 19, 2022

In case you missed it, here they are again: Risk acceptance is a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. If you inform yourself about the risks inherent in various courses of actions, and take steps to mitigate them, you can still maneuver. And then keep it going.

Risk Management 52

Risk Management Management Mitigation Business Continuity 52

MHA Consulting

JANUARY 27, 2022

In fact, service providers are also vulnerable to vendor … The post What Service Providers Need to Know About Supply Chain Risk Management appeared first on MHA Consulting. Many service providers tune out talk about supply chain risk management since they think the issue only affects manufacturers and retailers.

Risk Management 95

Risk Management Retail Management Manufacturing 95

MHA Consulting

JULY 20, 2023

Companies should also consider crafting policies that address employees’ digital hygiene, the goal being to reduce the organization’s vulnerability to cyberattack. Another issue that might be addressed is whether and when employees must use a VPN.

Government 94

Government Media Risk Management Consulting 94

Castellan

SEPTEMBER 14, 2022

By understanding your impact tolerance, you can better understand the impact single points of failure and vulnerabilities could have on your organization. From there, you can use that information to prioritize what’s most important and then focus on mitigation and remediation. Tips to Set Impact Tolerance.

Resilience 52

Resilience Capacity Business Services Vulnerability 52

MHA Consulting

MAY 25, 2023

Even companies that do not use AI tools are likely to be vulnerable because suppliers of theirs almost certainly do use them. As the AI landscape evolves, continued awareness and adaptation will be essential to mitigate its risks. These technologies are so new, no one knows the best strategies for mitigating the risks they bring.

Risk Management 52

Risk Management Disaster Recovery Mitigation Consulting 52

IT Governance BC

JULY 30, 2024

Mitigating supply chain risk After widespread coverage, the CrowdStrike outage from 19 July 2024 hardly needs an introduction. 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?

Business Continuity 91

Business Continuity Insurance Insurance Outage 91

MHA Consulting

APRIL 27, 2024

Our commitment also explains why I find the tendency I want to discuss today so unfortunate, and why I’d like to make a suggestion aimed at mitigating it. We want to help the organization get more competent at business continuity and become more resilient. Those are the basics.

Consulting 52

Consulting BCM Business Continuity All-Hazards 52

Emergency Planning

MARCH 7, 2019

In addition, technology is a potential source of vulnerability as well as a means of reducing it. There is thus no reason why BCM should not apply to public bodies. Myth 65: Children and young people are too vulnerable to be exposed to the effects of disaster. Reality: The problem of disasters is largely a social one.

Hospitality 130

Hospitality All-Hazards Risk Reduction Logistics 130

Stratogrid Advisory

JUNE 3, 2020

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. The implementation of a Business Continuity Management (BCM) Program can be a complicated and lengthy process, which directly depends on the organization's size and complexity.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. Section 2 - Business Continuity Management (BCM) Program Implementation. Section 9 - BCM Program Maintenance. 2 – BCM Program Implementation. 9 – BCM Program Maintenance.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52