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Diligent’s Brian Stafford offers insights on AI integration and why it is a strategic asset for chief risk officers. Today’s businesses face an increasingly complex risk landscape due to fluctuating market conditions, regulatory and compliance requirements, geopolitical risks, high federal interest rates, the list goes on.
Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. Understanding and managing strategic risks align with the broader goal of effective governance, particularly at the board level.
Beyond the Hype: The Truth behind the Marketing Claims of Many New Data Storage Platforms by Pure Storage Blog This is Part 1 of a five-part series diving into the claims of new data storage platforms. They also tend to talk to new-age data management and proprietary data services with promises of time-to-market and limitless scale.
Why Crisis Management Planning Should Be On Your To-Do List In a competitive market regularly impacted by events which disrupt the ability to operate, a volatile social climate, and rapidly shifting consumer expectations, what separates businesses that thrive and those that struggle is often their preparedness for crises.
Through big data analytics, organizations can predict emerging trends and discover valuable insights that help them make strategic decisions. From marketing strategies to customer service, properly leveraging analytics and swaths of data can help organizations glean better insights to cut down on operational costs and increase revenue.
Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. Understanding and managing strategic risks align with the broader goal of effective governance, particularly at the board level.
Its about leveraging technology strategically to enhance productivity, secure sensitive data and drive growth in all areas of the business. As a result, they will miss out on valuable insights that could have informed inventory management and marketing strategies, leading to lost revenue opportunities.
This case study details how LM has become an essential tool, empowering us to prioritize resources, boost collaboration, and achieve our strategic goals. By evaluating and analyzing these metrics, LM highlights high-risk areas within our operations and illuminates the root causes of inefficiencies.
When implemented correctly, BPA can be a strategic tool that minimizes costs, increases efficiency and establishes consistent processes across organizations. Banks have adopted BPA to automate the intricate evaluation process, helping them make faster decisions, respond to market changes and improve customer service.
On the other hand, confusion about risks – and especially about strategic and operational risks – undermines an organization’s ability to manage risk well. This article addresses common questions about strategic and operational risk, such as: What are strategic risks and operational risks? Non-Business Risks.
Managing Organizational Change With a Risk-Based Approach Last Updated: February 5, 2025 In a business world of competitive pressures and shifting market demands, organizational change management (OCM) is critical. You can use this systematic approach to identify and evaluate potential risks that might impact your change process.
PagerDuty brings to the table: Market Leadership : With 15 years of pioneering incident response innovation, PagerDuty connects battle-tested incident management expertise to your ITSM environment. But when critical incidents strike, organizations need more than just documentation they need immediate, intelligent action.
Market Perception: GRC vendors hold a strong market presence and brand recognition. Companies get so bogged down in meeting regulations that they overlook other critical risks that could derail their strategic goals. Companies laser-focused on regulatory requirements feel cozy in their GRC bubble.
Strong cybersecurity leadership ensures that resources are strategically allocated, risks are properly managed, and that the team is prepared to face not only today’s threats but tomorrow’s as well. Risk Management and Assessment Leaders must evaluate potential risks to the organization and prioritize resources to mitigate them.
Year-End Action: Evaluate your current collaboration tools and ensure they’re up-to-date and well-integrated for seamless team interactions in the New Year. Data analytics and business intelligence tools help you collect and analyze data to gain insights into operations, customer behavior and market trends.
By embracing these key findings in a recent Market Guide published by Gartner®, we believe businesses can streamline their operations and enhance efficiency in the face of expanding complexities. Let’s take a brief look at our understanding of the key findings from Gartner Market Guide for Service Orchestration and Automation Platform.
Through big data analytics, organizations can predict emerging trends and discover valuable insights that help them make strategic decisions. From marketing strategies to customer service, properly leveraging analytics and swaths of data can help organizations glean better insights to cut down on operational costs and increase revenue.
Risk assessment involves identifying, evaluating, and prioritizing potential risks, while management is the proactive handling of these risks. This strategic approach acts as a safeguard, reducing unexpected delays and ensuring the smooth progression of project processes.
Infusing risk management into corporate planning allows an organization to think about compliance responsibilities in a proactive and strategic manner—moving risk and regulatory functions from a back-office cost to a competitive advantage. Now, executives are increasingly seeing the value of risk management as a strategic advantage.
ZenGRC transforms your GDPR compliance from a resource-draining burden into a streamlined, automated program that protects your organization while freeing your team to focus on strategic initiatives. Book a demo with ZenGRC today and discover how automation can help you achieve GDPR compliance. data transfers.
Services are available to collect and review key vendor documents like contracts and SOC 2s, and they can even evaluate a vendor’s financial statements against its industry peers. Companies have continued to fall victim to risk management failures stemming from third-party vulnerabilities. Bonus Material: Free Risk Assessment Template.
Prior to his time at Microsoft, he served industry-leading companies in assessing risks, evaluating technology measures, designing mitigations and engineering security solutions for some of the nation’s most critical facilities. 23 to honor security technicians across the United States.
IaC-Assist, the latest ThreatModeler plug-in, enables organizations to continuously evaluate their IaC on the fly. Being empowered to more quickly develop a holistic understanding of design flaws facing their system empowers organizations to respond faster to potential threats and bring their solutions to market more quickly and securely.
Top Storage and Data Protection News for the Week of March 28, 2025 Cerabyte Announces Immutable Data Storage for the Public Sector Designed to meet the growing demand for immutable, sustainable long-term data storage, the initiative includes investment from In-Q-Tel (IQT), the not-for-profit strategic investor for the U.S.
Risk assessment is a key component of the risk management process that identifies and evaluates all potential risks faced by an organization. For example, risks can be classified as financial, operational, strategic, reputational, or legal. What Is Risk Assessment? However, internal data is only one piece of the puzzle.
Ensures the use of IT effectively and innovatively to align with strategic business goals. COBIT is often used by strategic teams and people responsible for audit and compliance IT organizations who want to demonstrate that they meet an externally defined standard What is it mainly used for? ITIL has a focus on internal processes.
Operating within risk tolerances provides management greater assurance that the company remains within its risk appetite, which in turn, provides a higher degree of comfort that the company will achieve its strategic objectives. Align Tolerances with Strategic Goals Your organization’s goals can be categorized in many ways.
The race is now on to strategically integrate generative AI and other AI tools in ways that allow businesses to keep up with and ideally outpace their competition. Operations Another major area where AI can exert strategic leverage is operations. In line with that focus, trends in AI use are beginning to emerge.
With a successful implementation, organizations can reallocate human resources to strategic projects and high-value work, fostering innovation and enhancing market competitiveness. The COE also promotes automation as a strategic investment with a strong return.
The investment will be used to accelerate the company’s innovation and go-to-market in radically simplifying backup and recovery for public cloud customers. In this role, Abouelwafa will be responsible for identifying and evaluating emerging technologies and executing a forward-looking roadmap that aligns with the business strategy.
The business case evaluates and weighs benefits, cost and risk of a preferred solution against alternative options to solve an identified problem/gap. “To Speakers: Maureen Carlo, global director of strategic partnerships, Arcules Julie McGregor, senior manager, key accounts, customer experience, Arcules Aaron H.
Whether it's boosting efficiency, expanding into new markets, or enhancing customer experience, these goals serve as the compass guiding your technological investments. Assess your IT infrastructure A comprehensive evaluation of your current tech infrastructure is the bedrock of an effective IT budget.
Gena Alexa has held key technical and management roles in the delivery of strategic government biometrics programs for more than 20 years. Her current focus is on structuring business alliances with commercial entities across the world and educating the market on biometric domain applications. About AVISIAN. About Biometric Update.
Notes from our Discussion with Ann (0:50) - GenAI in Cybersecurity GenAI has helped accelerate time to market. It’s important to have a framework to evaluate third-party providers and elevate their security depending on their criticality to an organization’s operations. On the cybersecurity front, the opportunities are reversed.
The race is now on to strategically integrate generative AI and other AI tools in ways that allow businesses to keep up with and ideally outpace their competition. Operations Another major area where AI can exert strategic leverage is operations. In line with that focus, trends in AI use are beginning to emerge.
Featuring an in-depth panel discussion amongst four industry experts, the Tactical Roundtable is an expert panel discussion focused on solving strategic enterprise threats. RackTop Systems is a provider of data security solutions in the cyberstorage market, is headquartered in Fulton, MD, and offers expertise in North America.
Managing Organizational Change With a Risk-Based Approach Last Updated: February 5, 2025 In a business world of competitive pressures and shifting market demands, organizational change management (OCM) is critical. You can use this systematic approach to identify and evaluate potential risks that might impact your change process.
They require not only technical expertise but also strategic stakeholder management. Stakeholders: identify and communicate with all relevant parties, such as marketing, customer service, and employees, to ensure consistent messaging and support during an incident. million, organizations face an ever-increasing threat landscape.
Dive in to gain strategic foresight and practical guidance from the builders and implementors shaping the future of enterprise data protection. These strategies include uncovering hidden supplier relationships, evaluating the cyber vulnerabilities of both direct and sub-tier suppliers, and assessing a broad spectrum of risk categories.
Upending the Data Storage Market . In the tech world, being the “first to market” often does not equate to “the best solution” for the customer. That is, unless the company that’s first to market also delivers differentiated value that has been broadly accepted by customers. Take, for example, Pure Storage ®. Our NPS of 85.2%
Fortanix Expands Leadership Team New appointments include Linda Chen, Chief Marketing Officer; Anuj Jaiswal, Vice President of Products; Iulia Stefoi-Silver, Vice President of Strategic Alliances and Partnerships; and Andy Buckland, Vice President and General Manager, EMEA. Read on for more. Read on for more.
Current design efforts of most buildings go through a CPTED evaluation as part of contemporary architecture design phase driven by caring architects, but CPTED needs updated to consider active shooters, ballistics materials and shooter suppression, to point out a few.
Bottom line: Regularly re-evaluate your multicloud strategy from a high level. Monitoring provides real-time insight into the impact of performance degradation on customers, but increased multicloud adoption presents monitoring challenges.” – 2019 Gartner Market Guide for IT Infrastructure Monitoring Tools. What’s the solution?
By implementing scalable control frameworks, integrated governance, centralized data, automation, and continuous monitoring, companies transform GRC from a burden into a strategic advantage that reduces risk while supporting growth. Ready to transform your approach to GRC? Meanwhile, the pace of regulatory change continues to accelerate.
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