Reciprocity

NOVEMBER 5, 2021

The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

MHA Consulting

MARCH 23, 2023

By adhering to the council’s guidelines, companies can implement best practices for risk management, cybersecurity, data protection, and business continuity planning. The FFIEC standard can be found here, and it’s completely free. Does trying to meet the rigorous FFIEC standard make sense for every organization?

BCM 95

BCM Impact Analysis Business Continuity Banking 95

Plan B Consulting

SEPTEMBER 11, 2016

Insurance – using insurance to cover any losses 6. In defence manufacturing, the licence to produce a particular product is linked to a particular geographical location and usually a designated building. Insuring any network connectivity or utilities into site are duelled 6. A few examples of this are: 1.

Resilience 52

Resilience Manufacturing Insurance Insurance 52

Plan B Consulting

SEPTEMBER 11, 2016

Insurance – using insurance to cover any losses. In defence manufacturing, the licence to produce a particular product is linked to a particular geographical location and usually a designated building. Insuring any network connectivity or utilities into site are duelled. A few examples of this are: 1.

Resilience 52

Resilience Manufacturing Insurance Insurance 52

Solutions Review

DECEMBER 12, 2024

This heightened accountability is set to redefine service contracts and risk management strategies. Cyber Liability insurance will increasingly require a privacy audit. As the number of privacy breaches and privacy violations continues to rise, cyber insurers will demand more thorough privacy programs at underwriting.

Vulnerability 52

Vulnerability Cybersecurity Malware Audit 52

Reciprocity

SEPTEMBER 30, 2022

Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security. This is why third-party risk management and healthcare data security are critical. What is Healthcare Vendor Risk Management? Notes on Vendor Access et. Access to PII.

Healthcare 52

Healthcare Management Vulnerability Risk Management 52

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. For example, retail is now “e-tail,” manufacturing plants are increasingly automated, and nearly every step of the hiring and contracting process happens online, from application to background checks to payroll. Which is best?

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. Security risks aren’t the only type of risk that organizations face.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

National Fire Protection Association

JANUARY 12, 2023

We will capitalize on this survey data to help inform our efforts in the year to come as we continue to develop resources that best support fire and life safety professionals across multiple fields, including electrical, manufacturing, construction, engineering, architect/design, facility maintenance, fire service, and insurance/risk management.

Insurance 52

Insurance Insurance Manufacturing Technology 52

Fusion Risk Management

MARCH 8, 2023

There was plenty of engagement from financial services organizations, technology and data service providers , and health insurance organizations. The post Customer Insights 2023: Fusion’s February Community Exchange Round Up appeared first on Fusion Risk Management. Interested in diving deeper into each of these sessions?

Financial Services 52

Financial Services Risk Management Application Resilience 52

Reciprocity

APRIL 4, 2022

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. To combat those threats, businesses need to develop digital risk management. We can define that as the processes used to assess, monitor, and treat the risks that arise from the digital business processes that are so common today.

Mitigation 52

Mitigation Malware Cybersecurity Media 52

Reciprocity

DECEMBER 27, 2022

GRC is an integrated approach to managing the organization’s governance, IT and security risks, and regulatory compliance functions. The three pillars of a GRC program are governance, risk management, and compliance. Risk Management. Automate Vendor Risk Management. Governance.

Government 52

Government Audit Risk Management Disaster Recovery 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. The OCC also cautioned against interest rate risks, operational risks (again, heightened because of COVID-19), increased cybersecurity risks, compliance risks related to the Bank Secrecy Act (BSA), consumer compliance issues, and fair lending as areas of concern.

Management 52

Management Audit Banking Media 52

Reciprocity

AUGUST 17, 2022

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Enterprise Risk Management (ERM).

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? What Are the Most Common Vendor Risks?

Management 52

Management Risk Management Cybersecurity Strategic 52

Castellan

DECEMBER 1, 2021

Many of these protections are focused on isolated risks; for example, if a company has a critical product that has to be shipped no matter what – they may choose to store that product in two locations, thereby protecting it. This frequently resides under the CFO with a Director, such as Director of Risk Management or Insurance.

Business Continuity 40

Business Continuity Management Activation Risk Management 40

Reciprocity

OCTOBER 1, 2022

As organizations and businesses around the world and across industries migrate their IT to the cloud, C-suites are faced with a new dilemma for governance, risk management and compliance (GRC) solutions: cloud versus on-premise software. That’s time and money that might be better spent elsewhere.

Government 52

Government Internet Risk Management Audit 52

Reciprocity

DECEMBER 19, 2022

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. The larger your organization grows, the more regulations and compliance burdens you encounter. What Is the Purpose of a Corporate Compliance Program?

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Erwood Group

JULY 12, 2022

Insurance Contact Information. Risk Assessment Key Findings. Crisis Management Levels. You’ll certainly want to include contact information for the following: Facility Management Provider/Building Owner. Local Emergency Management Office Numbers – EOC. Risk Assessment Reporting. Key Contact Information.

Continuity Planning 114

Continuity Planning Business Continuity BCP Disaster Recovery 114

Reciprocity

MARCH 24, 2022

Leverage ZenRisk to Mitigate Fraud Risk in Your Organization. Reciprocity ZenRisk can improve visibility into your risk environment. ZenRisk streamlines your anti-fraud and fraud risk management program by documenting internal controls, regulatory requirements, and audit records.

Audit 52

Audit Banking Activation Authorization 52

Erwood Group

JULY 7, 2022

One client recently obtained a $500 Million dollar increase in insurance coverage with zero increase in premium costs. This was done based on the Business Continuity Plans and Program developed after meeting with the insurance providers and providing details of the program and progress made.

Business Continuity 52

Business Continuity Impact Analysis Continuity Planning Communications 52

Risk Management Monitor

MAY 2, 2023

Recognizing a lifetime of outstanding service and achievement in the risk profession, the society’s top honor, the Harry and Dorothy Goodell Award, was presented to Joan Schmit, distinguished chair of risk management and insurance at the University of Wisconsin-Madison. Andrews, Jim Green, and Daniel J.

Risk Management 97

Risk Management Insurance Insurance Management 97

LogisManager

FEBRUARY 28, 2025

Supply Chain Chaos and Safety Violations: Why Manufacturers Need ERM Now Last Updated: February 28, 2025 Manufacturing companies are no strangers to uncertainty. Supply chain disruptions, complex regulatory requirements, legacy IT systems, and financial risks are just a few challenges that can jeopardize profitability and reputation.

Manufacturing 52

Manufacturing Risk Management Strategic Vulnerability 52

Stratogrid Advisory

JUNE 3, 2020

Regardless of the industry (non-profit organizations, professional services companies, manufacturing, public sector, etc.), An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. Insurance companies assess risks to determine the insurance premiums they will charge.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Regardless of the industry (non-profit organizations, professional services companies, manufacturing, public sector, etc.), Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs. 3 – Risk Assessment. Section 3 - Risk Assessment.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52