Risk Management Monitor

NOVEMBER 8, 2021

One of the first steps in obtaining commercial property insurance is to determine the value of the property being insured. On the other hand, performing an appraisal (which insurers typically consider the “gold standard”) can provide much-needed accuracy and thoroughness, but will require a greater commitment of time and resources.

Insurance 75

Insurance Insurance Benchmark Marketing 75

FS-ISAC

NOVEMBER 8, 2021

You can hire a professional audit firm to benchmark the bucket against peer buckets. As Board Directors and corporate executives around the world grapple with increasing cyber risk, we’ve historically focused on "bottom-up" cyber strategies based on compliance frameworks. Cracking the Code of Third-Party Risk Management.

Risk Management 59

Risk Management Management Audit Asset Management 59

LogisManager

OCTOBER 12, 2021

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

Risk Management 52

Risk Management Management Insurance Insurance 52

Risk Management Monitor

MARCH 3, 2022

In a briefing yesterday, global risk consultancy Control Risks discussed some of the risk management considerations and steps companies need to take as the sanctions landscape continues to evolve. Be sure to engage with regulators, enforcement agencies, banks and insurers for guidance.

Banking 58

Banking Management Insurance Insurance 58

Pure Storage

MAY 13, 2024

To help, a new class of tools has appeared on the market: Third-party cybersecurity risk management (TPCRM) platforms can help manage both assessment and ongoing monitoring. In-depth questionnaires and even independent audits might be appropriate, but the process should be thorough.

Audit 52

Audit Banking Benchmark Application 52

Erwood Group

MAY 30, 2024

Recovery Time Objectives (RTOs) are a critical benchmark and one of the most important and crucial metrics in Business Continuity and Disaster Recovery planning. Risk Management RTO is an integral part of risk management. This proactive approach helps mitigate risks associated with operational disruptions.

Business Continuity 52

Business Continuity Disaster Recovery Impact Analysis Resilience 52

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? What Are the Most Common Vendor Risks?

Management 52

Management Risk Management Cybersecurity Strategic 52