This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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?
CIOs as Catalysts for Change: Leading Through Technology February 21, 2025 The Chief Information Officer (CIO) role has evolved beyond IT managementits now a driving force for business transformation. Is your technology strategy evolving with business needs or reacting to them? But the demands are mounting.
Risk mitigation controls are the measures we take to reduce the risks our organizations face in carrying out their operations. Related on MHA Consulting: The Ultimate Guide to Residual Risk Risk Mitigation Controls Explained Business continuity is all about reducing risk. You can see why risk mitigation controls are important.
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.
An informed and practiced response will typically ensure damage is prevented or mitigated as much as possible while safeguarding your good name. This might include: IT Specialists: For handling technological crises, such as cybersecurity breaches. Finance Experts: To manage and mitigate financial risks and implications.
But as their companies grow, business owners can and should start becoming more proactive about mitigating risk. Related on MHA Consulting: Single Points of Failure: Protecting Yourself from Hanging by a Thread Risk and the Entrepreneur In writing today’s blog, I’m going to switch between my consultant’s hat and my entrepreneur’s hat.
Business process automation (BPA) involves the use of software and technology to automate recurring or manual tasks. For risk managers, BPA offers a structured approach to identifying , managing, and mitigating risks that is both scalable and efficient. What Is Business Process Automation (BPA)?
Vulnerability management is the practice of identifying and mitigating the weaknesses in an organization’s people, processes, and technology. Then we work with the client on devising a plan to mitigate those weaknesses—and do all we can to get them to follow through on the plan (otherwise, what’s the point?). Don’t be that guy.
Were seeing a lot of technology being integrated into perimeter security solutions and new potential threats, said Amy Dunton, co-chair of SIAs Perimeter Security Subcommittee and business development specialist at Ameristar Perimeter Security. and Utility Security. and Utility Security. and Utility Security.
Plans, projects and technologies may occupy most of your time, but it’s worth taking a step back to reflect on how your resilience-focused activities may be aligned…or misaligned. By understanding and anticipating potential threats, organizations can implement measures to mitigate risks before they escalate into crises.
With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains. Finally, everyone involved in assessing and mitigating risk at an organization needs to make sure their work is custom-tailored to that company’s industry and culture.
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.
Understanding Organizational Change Management Organizational changes include a wide range of transformations a company can undergo, from restructuring and adopting new processes to cultural and technological shifts. Proactive risk mitigation is about foreseeing and addressing potential problems before they occur.
Microsoft Exchange Emergency Mitigation (EM) Service. Following a series of attacks that leveraged zero-day exploits against on-premises versions of Microsoft Exchange servers, Microsoft has released a new tool to provide emergency mitigation. Actions performed via mitigation include: Changing authentication settings.
MHA Consulting, a proven leader in Business Continuity Planning and Disaster Recovery Planning, is thrilled to announce the continuation of its longstanding partnership with a prominent not-for-profit healthcare system operating medical centers, critical access hospitals, and medical clinics in Washington, Oregon, and Alaska.
Related on MHA Consulting: What’s Ahead in the World of Enterprise Risk Management Defining Risk Management Our current environment of rising global uncertainty is leading many organizations to increase the resources they devote to risk management. Good, foundational knowledge of technology. Knowledge of how to mitigate risks.
Risk transference is one of the four main strategies organizations can use to mitigate risk. Related on MHA Consulting: Global Turmoil Making You Ill? There are four main strategies for mitigating risk : · Risk acceptance: Making a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis.
Comprehensive IT Solutions NexusTek offers comprehensive IT solutions to support you wherever you are in your IT journey, ensuring your business is equipped with the right technology and expertise at every stage. Learn more about NexusTek’s IT Consulting Services. Learn more about NexusTek’s Managed IT Services.
An RMIS can help an organization identify, assess, monitor, and mitigate risks, but often they merely seduce and distract companies that are not in a position to make proper use of them. Typically available as a SaaS solution, RMIS software is designed to help companies manage and mitigate risk. Risk Mitigation.
As we step into 2025, the evolving landscape of enterprise technology and artificial intelligence continues to shape how organizations approach data protection. the arms race In the last year, there has been a frenzy around AI, with investors and organizations throwing cash at the buzzy technology.
And, underpinning it all is the right technology. Teams are constantly assessing the current performance and capacity utilization of your estate, trying to anticipate where the next spike in demand will come from, and choosing the most appropriate technology to buy, how much you need, and where to put it. Technology Should Be Simple.
Introducing new technology in the workplace is necessary for businesses to remain efficient, profitable, and competitive. It's therefore essential to create an effective technology implementation strategy so you can leverage IT innovations with minimal obstacles. However, embracing new tech can often be difficult for users.
A risk analysis is conducted for each identified risk, and security controls are pinpointed to mitigate or avoid these threats. Information security and cybersecurity risks often bubble to the top in a world connected with technology, uut you would be remiss if you only focused on technology-related risks. Risk Identification.
Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The Importance of Testing and Exercises In case you missed it, MHA CEO Michael Herrera wrote an excellent blog last week called, “The Top 8 Risk Mitigation Controls, in Order.” 8 Dos and 1 Don’t for Conducting Disaster Recovery Tests.”
Related on MHA Consulting: Mark My Words: Commonly Confused Business Continuity Terms Two Fundamental Terms One of the most common BC-related internet searches is by people trying to learn the difference between business continuity and IT disaster recovery.
Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The Importance of Testing and Exercises In case you missed it, MHA CEO Michael Herrera wrote an excellent blog last week called, “The Top 8 Risk Mitigation Controls, in Order.” 8 Dos and 1 Don’t for Conducting Disaster Recovery Tests.”
Related on MHA Consulting: Driving Blind: The Problem with Skipping the Threat and Risk Assessment The Need for Threat Intelligence Traditional business continuity methodology leans heavily on the threat and risk assessment or TRA, in which the organization identifies potential threats and ranks them in terms of likelihood and potential impact.
While Impact Tolerances are not necessarily part of Digital Operational Resilience Act (DORA) as a regulatory requirement, the importance of outlining services and their dependance on technology, supply chain, functions and CTPS (Critical Third Party Services) still align with concept of impact tolerance. million in 2024.
Related on MHA Consulting: Global Turmoil Making You Ill? Simple: Take a good at where they are vulnerable to disruptions to their people, processes, and technology due to geopolitical forces, focusing in particular on threats pertaining to supply chain, cyber, and finance. Here’s what organizations can do to protect themselves.
The findings addressed the following core research questions: What are the security technology priorities for decision makers within the real estate sector? Take a moment to consider how a building operates and what technology can be found within that building. Which vertical markets have the most growth potential?
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. Step 2: Engage a Competent BC Consultant This step is not strictly necessary but is strongly encouraged.
He has since served in over thirty nations worldwide as consultant for United Nations, U.S. In the concluding Chapter 9, “ The Role of Emerging Technologies and Social Justice in Emergency Management Practice: The Good, the Bad, and the Future,” authors. have examined the long-term recovery phase for individuals with disabilities” (p.
These threats are varied and include emergencies, natural disasters, IT and technological issues, legal and regulatory problems, and financial uncertainties. We will end the series with an overview of the risk prioritization and mitigation stages of the process. The BIA, if already completed, determines impact.
A comparison between them provides a window into fifty years of change in business, globalization, technology, the threat landscape, and customer expectations. The terms business continuity and business resilience are superficially similar and a world apart.
A great place to get an overview of the whole BC field, from Program Administration to Exercises to Risk Management and Mitigation. Talks about the need for business to be prepared for three types of hazards, natural, human-caused, and technology-related. BCM consultancy websites. Prepare My Business for an Emergency.
19-21 in New York City, and the Security Industry Association (SIA) and ISC East recently revealed full conference details for the SIA Education at ISC East program , including keynote presentations from top luminaries and over 70 sessions from top industry expert speakers on the most current business trends, technologies and industry developments.
Here are four ways to build a cohesive risk management strategy that you can use to proactively prevent and mitigate risks across the supply chain. Using technology, supply chain leaders can design more reliable supply chains that bring greater visibility, agility and accuracy to their organizations. No supply chain is without risk.
The National Institute of Standards and Technology (NIST) suggests that supply chain risk management involves “identifying susceptibilities, vulnerabilities, and threats throughout the supply chain and developing mitigation strategies to combat those threats” 3. But how to accomplish this?
The Future of Business Continuity The Future of Business Continuity: Innovations and Emerging Technologies In an era of rapid technological advancement, the landscape of business continuity is evolving, embracing innovations and emerging technologies to enhance resilience.
They also had difficulty calculating ROI or correlating the investment in resilience processes and technology to saving lives, mitigating costs, and averting impact to brand and reputation so they could gain C-suite support for the investment required. HR Decision Maker, UK Technology Company.
billion, and the honorees are among the top influencers driving momentum in the IT industry and the global technology supply chain. This accolade reflects NexusTek’s unwavering commitment to delivering exceptional business technology solutions to meet the unique needs of small to midsized businesses across the country.
Introduction to Crisis Communications Agencies A crisis communications agency is a team of experts who specialize in managing and mitigating the impact of a crisis on a brand’s reputation. They will work tirelessly to manage the flow of information and mitigate the impact of the crisis on your brand’s reputation.
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 continuity planning is a social activity.
Since its creation, Calibre has grown to a staff of more than 40 that services private, public and federal clients across the nation, specializing in civil engineering, structural engineering, owner’s representation, planning, construction phase consultation and, most recently, physical security services.
We organize all of the trending information in your field so you don't have to. Join 25,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content