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

MHA Consulting

NOVEMBER 30, 2023

Ideally, this group will be aware of the need to integrate cyber security and business recovery. From the BC point of view, recovery plans and actions that envision turning to such services need to be consistent with security requirements. Cyber steering committee. Third-party controls and assessment.

Security 103

Security Outage Vulnerability Cybersecurity 103

MHA Consulting

OCTOBER 5, 2023

They soon find the field contains an abundance of specialist terms such as inherent risk , mitigation controls , and recovery time objective. However the most important terms to learn at the outset are surely business continuity and IT disaster recovery since they speak to the principal division of the entire field.

Disaster Recovery 111

Disaster Recovery BCM Business Continuity Manufacturing 111

MHA Consulting

NOVEMBER 2, 2023

As the program matures, various other roles will be needed, possibly including the following: Building Maintenance or Facilities Manager: This individual can provide information on what mitigation steps are already in place for the facility, such as fire suppression and electrical service. Business and Disaster Recovery.

BCM 105

BCM Business Continuity Disaster Recovery Crisis Management 105

MHA Consulting

FEBRUARY 16, 2023

Related on MHA Consulting: Critical Assistance: How a Consultant Can Strengthen Your Crisis Management Program According to Strong Language: The MHA Glossary of Essential Business Continuity Terminology , crisis management is “the process of trying to resolve a serious adverse event with minimal impact on an organization and its stakeholders.”

Crisis Management 97

Crisis Management Strategic BCM Management 97

Online Computers

MAY 22, 2023

A BCP is a comprehensive document that outlines the strategies and procedures a business must follow to keep its critical functions operational during and after a disruptive event. Its primary objectives are to minimize downtime, maintain business functions, and mitigate potential financial and reputational losses.

Continuity Planning 52

Continuity Planning Business Continuity BCP Damage Assessment 52

MHA Consulting

JUNE 8, 2023

Nowadays BC is usually a unit unto itself, and in progressive organizations, it tends to be part of the Risk department (since BC is all about risk mitigation). The stand-alone recovery plan. Years ago it was the norm for each department or business unit to have its own stand-alone recovery plan.

BCM 98

BCM Business Continuity Disaster Recovery Internet 98