Remove Evaluation Remove Mitigation Remove Risk Management
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Countdown to DORA: Are you ready for January 17, 2025?

Zerto

As reliance on digital technologies by financial institutions increases, so does the risk of cyberattacks, IT failures, and third-party vulnerabilities. Key requirements include: ICT Risk Management Identify, mitigate, and monitor IT risks. Third-Party Risk Management Manage risks from ICT service providers.

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Strategic Risk Management

LogisManager

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. What Is Strategic Risk Management? What Is Enterprise Risk Management (ERM)?

Strategic 105
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Risk Management Process- Part 1: Overview

Zerto

Risk management describes how a business identifies, analyzes, and responds to threats and risk factors that impact its profitability, viability, and strategic goals. Risk management attempts to control future threats by planning preemptively and deploying effective risk-control measures.

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Risk Management Process – Part 3d: Risk Map and Risk Assessment Output

Zerto

It illustrates the risk profile of the organization at a specific point in time, a profile that will evolve over time as new risks are identified and/or controls are put in place to mitigate some of them. The Importance of a Risk Map The risk map is a vital component of risk assessment.

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ISO 22336: The new standard for organizational resilience – A leader’s guide

everbridge

This standard offers a blueprint to enhance resilience, optimize risk management, and refine strategic planning. It also complements and works in tandem with other standards that focus on risk management, business continuity management, and crisis management, like ISO 31000, ISO 22301, and ISO 22361.

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Risk Management Process – Part 3b: Risk Analysis

Zerto

Organizations can identify the most pressing risks, minimize potential losses, and take proactive steps to protect their operations and assets. Assessing a Risk: Qualitative and Quantitative Analyses To effectively assess the potential risks identified in the risk assessment process, it’s crucial to evaluate both their likelihood and impact.

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What is the Three Lines of Defense Approach to Risk Management?

LogisManager

What is the Three Lines of Defense Approach to Risk Management? While this news is relevant to banks, any organization that values proactive risk identification, effective risk management, and regulatory compliance would benefit from implementing the Three Lines Model to safeguard their operations and reputation.