Remove Business Services Remove Mitigation Remove Risk Management
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BCM and ERM: What’s the Difference?

Castellan

At a high level, it may seem natural to use the terms business continuity management and enterprise risk management interchangeably. While there are some congruences between them, there are some unique distinctions that separate the two, and in many regards, they’re actually completely different business functions.

BCM 98
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Product’s Perspective: True Risk: Why External Vendor Ratings are Only Half the Picture

LogisManager

From the perspective of our Product team, the challenges of risk and compliance professionals are at the forefront. This collaborative group of developers, designers, lawyers and risk managers uses those insights, along with rigorous R&D, to inform the way LogicManager works. Bonus Material: Free Risk Assessment Template.

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The Importance of Building a Culture of Trust and Compliance

Fusion Risk Management

It is now common knowledge that your organization must invest in technology in order to build a defensible program that can demonstrate that you have appropriate oversight into your important business services. Circling back to third-party risks, fines for violating sanctions can range from $90,000-$1.5

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What Does Good Look Like in the Era of Operational Resilience?

Fusion Risk Management

The Prudential Regulation Authority (PRA), Bank of England (BoE), and Financial Conduct Authority (FCA) jointly issued stringent regulations to mitigate systemic risks and contain potential crises. Operational resilience transcends mere checklists; it is the outcome of effective operational risk management.

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Product’s Perspective: Better Together – The Importance of Using Integrated Software for Vendor Management

LogisManager

From the perspective of our Product team, the challenges of risk and compliance professionals are at the forefront. This collaborative group of developers, designers, lawyers and former risk managers uses those insights, along with rigorous R&D, to inform the way LogicManager works. Using Contracts to Mitigate Vendor Risk.

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The Balancing Act of Efficiency and Resilience: How to Connect with Executives and Key Stakeholders

Castellan

How do we shift organizational focus from one-off plans and programs to a holistic approach that encapsulates risk and critical services to ensure survivability when faced with a constantly changing and expanding threat landscape? See How Boards are Prioritizing Resilience. DOWNLOAD REPORT. The Balancing Act.

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Resilience is Everyone’s Job

Fusion Risk Management

So, here are five trends that consistently came up during the roundtable and our attendee poll: Business Continuity Program Executive Ownership Remains Dispersed. The Relationship with Third-Party Risk Management Needs Some Work. Then, prioritize the services that, if disrupted, would impact that promise.