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

Related on MHA Consulting: Be a Hard Target: Train Your Employees in Security Awareness A Uniquely Vulnerable Time In the context of business continuity, the recovery period is a vulnerable one for any organization. Ideally, this group will be aware of the need to integrate cyber security and business recovery.

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

JUNE 8, 2023

At the same time, a new need has developed: one for a place remote workers can go if they are no longer able to work at home (due to a power outage or whatever it might be). 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).

BCM 98

BCM Business Continuity Disaster Recovery Internet 98

Reciprocity

SEPTEMBER 30, 2022

The pain is felt by the healthcare organization when a vendor has an outage because of ransomware or another cybersecurity intrusion. Adopting a zero-trust approach to network and data access by third parties is the best way to mitigate such risks. In addition to weak control policies, this increases the risk of cyberattacks.

Healthcare 52

Healthcare Management Vulnerability Risk Management 52

Stratogrid Advisory

JUNE 3, 2020

The AHRA is defined as " An approach for prevention, mitigation, preparedness, response, continuity, and recovery that addresses a full range of threats and hazards, including natural, human-caused, and technology-caused " - NFPA 1600 Standard. Decision points are to build, lease or procure an additional site.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52