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Who’s the Boss? Successful Risk Mitigation Requires Centralized Leadership

MHA Consulting

Many companies spend millions of dollars implementing risk mitigation controls but are kept from getting their money’s worth by a disconnected, piecemeal approach. Successful risk mitigation requires that a central authority supervise controls following a coherent strategy. Related on MHA Consulting: Global Turmoil Making You Ill?

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Why You Need Cyber Resilience and Defence in Depth

IT Governance BC

Our head of GRC (governance, risk and compliance) consultancy, Damian Garcia, explains. Suppose youve identified a risk, and youve implemented a control to mitigate it. As a consultant, you have to recognise that theres little black and white youre dealing with lots of shades of grey. Youll still need to accept the risk exists.

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The Ultimate Guide to Residual Risk  

MHA Consulting

Related on MHA Consulting: Know Your Gaps: Manage Residual Risk to Keep Your Company Safe Inherent Risk vs. Residual Risk There are two main kinds of risk when it comes to organizational activities and business continuity: inherent risk and residual risk. A related but higher level concept is that of risk mitigation strategies.

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Get Cyber Smart: How to Make Sure Recovery Plans Align with Information Security Needs  

MHA Consulting

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. Addresses the use of outside services such as those from Microsoft and Google or outside experts such as consultants.

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Reviewing the Five Types of Risk 

MHA Consulting

Related on MHA Consulting: The ABCs of ERM: The Rise of Enterprise Risk Management The government recently announced the official end of the COVID pandemic. The wise organization develops strategies and plans to mitigate and prepare for all five types of risk. In one respect, COVID continues to distort people’s approach to risk.

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Top 10 Resources to Help You Become a BCM Ninja 

MHA Consulting

Anything and everything is out there regarding how you can protect your organization and its stakeholders from disruptions and recover quickly when outages occur. A great place to get an overview of the whole BC field, from Program Administration to Exercises to Risk Management and Mitigation. BCM consultancy websites.

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7 Steps to Establishing a Sound Business Continuity Strategy 

MHA Consulting

Follow these seven steps to implement a BC strategy that can help you swiftly recover your business processes in the event of an outage. Related on MHA Consulting: BCM Basics: Modern IT/DR Strategies The Benefits of a Sound Business Continuity Strategy A solid BC strategy is a fundamental component of a functional BC program.