Evaluation Outsourcing Risk Management 
IBM Business Resiliency
MAY 20, 2021
With leaner supply chain management techniques and approaches like outsourcing, offshoring, just-in-time inventory and vendor managed inventory, disruption has worldwide consequences. Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers.
LogisManager
MAY 9, 2023
Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. However, the evidence was inconclusive so their strategy continued unchanged.
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Fusion Risk Management
FEBRUARY 10, 2022
In our previous blog “ The Importance of Ongoing Monitoring ,” we discussed what we often describe as the forgotten pillar of third-party risk management: ongoing monitoring. Tracking and managing complaints can be challenging. For example, let’s evaluate UniRush’s processor conversion. The Forgotten Pillar.
Fusion Risk Management
JULY 19, 2021
In the case of the tanker, it showed perhaps there could have been better planning for alternatives; in the case of COVID, it showed that industries needed to rely on their third parties as they rapidly scrambled to a remote outsourced business model. Where warranted, convene meetings and take minutes to show real involvement and discussion.
Reciprocity
SEPTEMBER 11, 2024
Your cybersecurity audit should identify existing vulnerabilities and risks, which you can then address with key stakeholders. Part of the audit process should include vulnerability assessments and an evaluation of your organization’s security posture. Evaluate current risk management processes.
Castellan
SEPTEMBER 24, 2021
Full-time employees are exempt or non-exempt permanent staff retained, managed, and compensated directly by your organization. Risks to Consider: Staff augmentation works best if you have resiliency skills in-house, but need to temporarily scale your team to achieve goals. Outsourcing or Managed Services.
Fusion Risk Management
SEPTEMBER 12, 2022
Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Or, as so well articulated by the great British writer C.
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