LogisManager

OCTOBER 12, 2021

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

Risk Management 52

Risk Management Management Insurance Insurance 52

Reciprocity

FEBRUARY 4, 2025

The Hidden Costs of Poor Third-Party Risk Management The financial impact of inadequate third-party risk management extends far beyond immediate breach costs. System downtime leads to lost revenue, while emergency vendor replacements and increased insurance premiums create unexpected budget impact.

Risk Management 52

Risk Management Vulnerability Strategic Emergency Response 52

Reciprocity

AUGUST 18, 2022

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. ERM is the process of methodically identifying and dealing with any potential events that threaten the achievement of strategic objectives or competitive advantage opportunities. Two ERM Must-Haves.

Risk Management 52

Risk Management Management Mitigation All-Hazards 52

Reciprocity

AUGUST 17, 2022

Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. This article addresses common questions about strategic and operational risk, such as: What are strategic risks and operational risks?

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

NOVEMBER 5, 2021

You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in. It helps you manage, minimize, and in some cases eliminate risks, to keep your organization safe and in business. What Are the Components of Enterprise Risk Management?

Risk Management 52

Risk Management Management Audit Strategic 52

MHA Consulting

FEBRUARY 15, 2024

An emerging hot topic in business continuity and risk management is the software known as a risk management information system (RMIS). 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.

BCM 106

BCM Risk Management Mitigation Business Continuity 106

Reciprocity

FEBRUARY 12, 2025

These incidents underscore a crucial reality: effective third-party vendor risk management isn’t just about ongoing monitoringit begins the moment you start evaluating a potential partner. Yet despite this critical need for early risk assessment, many organizations still rely on fragmented, manual processes for vendor onboarding.

Evaluation 52

Evaluation Vulnerability Audit Risk Management 52

Zerto

MARCH 5, 2025

Businesses are increasingly recognizing that to stay ahead of these threats, they need not only robust security practices but strategic frameworks to guide their efforts. Exploring security frameworks for cyber resilience Security frameworks are structured guidelines that help organizations maintain their security risks in a methodical way.

Cyber Resilience 52

Cyber Resilience Security Disaster Recovery Resilience 52

Risk Management Monitor

NOVEMBER 11, 2021

In one of the afternoon’s sessions, “Identify and Solve Any Organizational DEI Issue In One Hour,” presenter Layne Kertamus, professional in residence of risk management and insurance at Utah Valley University, explored “new ways to talk about what needs to be said, and what needs to be listened to.”.

Risk Management 75

Risk Management Insurance Insurance Authentication 75

Risk Management Monitor

MAY 2, 2023

Murphy Ballroom in Atlanta’s Georgia World Congrees Center to welcome attendees and help them prepare for three days of risk management education, insight and networking. For this plan to work, it’s going to require contributions from everyone in the risk management community,” LaBranche said.

Risk Management 52

Risk Management Strategic Education Insurance 52

Reciprocity

MARCH 3, 2025

Schedule a demo to see how ZenGRC can strengthen your healthcare vendor risk management program. When third-party vendors gain access to PHI, that trust extends to them as well, making robust vendor risk management not just a regulatory requirement, but an ethical imperative.

Healthcare 52

Healthcare Management Risk Management Audit 52

BMC

DECEMBER 5, 2024

These frameworks offer philosophies and tangible paths forward to improve cost and resource management, measure risk, speed up customer service, and innovate analysis through predictive methods. ISACA focuses on IT governance, risk management, cybersecurity, and auditing support with standards, guidelines, and best practices.

Audit 52

Audit Government Technology Security 52

Risk Management Monitor

MARCH 3, 2022

In a briefing yesterday, global risk consultancy Control Risks discussed some of the risk management considerations and steps companies need to take as the sanctions landscape continues to evolve. Be sure to engage with regulators, enforcement agencies, banks and insurers for guidance.

Banking 58

Banking Management Insurance Insurance 58

Solutions Review

DECEMBER 12, 2024

From advancements in AI-powered risk mitigation to new paradigms in regulatory compliance, these predictions provide actionable perspectives to help organizations navigate the complexities of 2025. Dive in to gain strategic foresight and practical guidance from the builders and implementors shaping the future of enterprise data protection.

Vulnerability 52

Vulnerability Cybersecurity Malware Audit 52

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). The advent of the digital age is partly to blame.

Risk Management 52

Risk Management Audit Insurance Insurance 52

MHA Consulting

APRIL 20, 2023

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?

Resilience 52

Resilience Risk Management Mitigation BCM 52

SRM

JULY 3, 2018

Disaster Recovery : taking a strategic approach to managing staff in the event of a successful attack, minimising damage to brand reputation and safeguarding the interests of key stakeholders; 3. with increased opportunity comes increased vulnerability appeared first on Security Risk Management.

Vulnerability 52

Vulnerability Cyber Resilience Disaster Recovery BCM 52

Plan B Consulting

SEPTEMBER 11, 2016

Insurance – using insurance to cover any losses 6. Carrying a stock of strategic spares 2. Insuring any network connectivity or utilities into site are duelled 6. Work area recovery provided by companies such as Daisy, Onyx or SunGard are examples of this. Increased resilience could come in different forms.

Resilience 52

Resilience Manufacturing Insurance Insurance 52

Plan B Consulting

SEPTEMBER 11, 2016

Insurance – using insurance to cover any losses. Carrying a stock of strategic spares. Insuring any network connectivity or utilities into site are duelled. Work area recovery provided by companies such as Daisy, Onyx or SunGard are examples of this. Increased resilience could come in different forms.

Resilience 52

Resilience Manufacturing Insurance Insurance 52

Stratogrid Advisory

MAY 11, 2020

Listed below are some of the most common justifications for not implementing a robust Business Continuity Management (BCM) Program : 1. We have business interruption insurance. The business interruption insurance will cover actual business loses and expenses associated with the restoration of business services.

Continuity Planning 52

Continuity Planning Business Continuity BCP BCM 52

Advancing Analytics

AUGUST 26, 2021

Besides that, the financial industry is a vast sector that includes banks, building societies, e-money institutions, mortgage companies, investment banking, credit unions, insurance and pension companies. Interestingly, the insurance sector has 100% live machine learning applications in use. Risk Management.

Financial Services 52

Financial Services Banking Insurance Insurance 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

Reciprocity

DECEMBER 27, 2022

To succeed, a business is well advised to use a dedicated GRC tool; the right one allows you to stay aware of your organization’s risk posture, align your business and strategic objectives with information technology, and continually meet your compliance responsibilities. Risk Management. Governance.

Government 52

Government Audit Risk Management Disaster Recovery 52

Erwood Group

MAY 30, 2024

Risk Management RTO is an integral part of risk management. This proactive approach helps mitigate risks associated with operational disruptions. Strategic Planning Establishing an RTO requires a thorough understanding of business processes and their dependencies.

Business Continuity 52

Business Continuity Disaster Recovery Impact Analysis Resilience 52

Reciprocity

SEPTEMBER 5, 2024

The equity risk premium (ERP) is the extra returns you can demand for taking on the risk of investment in the stock market rather than making a risk-free investment (say, in an insured bank savings account). What Are Some Methods for Managing Market Risk?

Marketing 52

Marketing Mitigation Risk Management Banking 52

BMC

DECEMBER 23, 2024

GRCGovernance, Risk, and Complianceis one of the most important elements any organization must put in place to achieve its strategic objectives and meet the needs of stakeholders. GRC as an acronym stands for governance , risk , and compliance , but the term GRC means much more than that. What is GRC?

Government 52

Government Audit Technology Outsourcing 52

Reciprocity

OCTOBER 7, 2024

Common Third-Party Security Risks and Challenges The top five obstacles companies experience during the Third Party Risk Management (TPRM) process are listed below. The number and complexity of third-party collaborations for modern enterprises is a critical problem in controlling third-party risk.

Cybersecurity 52

Cybersecurity Audit All-Hazards Risk Management 52

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

BCP Builder

APRIL 20, 2020

This means that management will need to address what their new business model will be. Business Continuity and Risk Management will hopefully be given the respect it deserves. I think that Business Continuity Certification will be made mandatory by Insurance Companies and Banks. 2) what action to take if staff are sick.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

BCP Builder

APRIL 20, 2020

This means that management will need to address what their new business model will be. Business Continuity and Risk Management will hopefully be given the respect it deserves. I think that Business Continuity Certification will be made mandatory by Insurance Companies and Banks. Risk Management.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

Reciprocity

OCTOBER 7, 2024

As part of this analysis, organizations must consider the likely impact and probability of each risk to minimize any possible impact or damage. Risk assessments provide a basis for risk management and mitigation. Without effective internal controls, the company is more susceptible to risk and fraud.

Audit 52

Audit Corporate Governance Evaluation Activation 52

Reciprocity

OCTOBER 7, 2024

As part of this analysis, organizations must consider the likely impact and probability of each risk to minimize any possible impact or damage. Risk assessments provide a basis for risk management and mitigation. Without effective internal controls, the company is more susceptible to risk and fraud.

Audit 52

Audit Corporate Governance Evaluation Activation 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

BMC

DECEMBER 5, 2024

These frameworks offer philosophies and tangible paths forward to improve cost and resource management, measure risk, speed up customer service, and innovate analysis through predictive methods. ISACA focuses on IT governance, risk management, cybersecurity, and auditing support with standards, guidelines, and best practices.

Audit 52

Audit Government Technology Security 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