LogisManager

JULY 30, 2024

Million Crashes Later: Why CrowdStrike’s Blunder Is Your Risk Management Wake-Up Call Last Updated: July 30, 2024 On July 19, 2024, the world got a brutal wake-up call. This catastrophic event is a prime example of a colossal failure in risk management at multiple levels and underscores the dangers of third-party contagion.

Risk Management 98

Risk Management Management Outage Banking 98

BCP Builder

FEBRUARY 1, 2024

What is the relationship between Business Continuity and Risk Management? The relationship between Business Continuity and Risk Management depends on the organization. In most cases, Business Continuity is a sub-domain of Risk Management. It is a collection of good management practices linked together.

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Risk Management Business Continuity All-Hazards Management 52

everbridge

OCTOBER 15, 2021

The post Travel Risk Management and Agile Organizational Resilience appeared first on Everbridge.

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Travel Risk Management Resilience Management 97

MHA Consulting

MARCH 14, 2024

In today’s post, we’ll take a look at how organizations can get started using Enterprise Risk Management (ERM) to reduce their exposure and improve their resilience. Putting Their Head in the Sand Many organizations put their head in the sand when it comes to assessing the risks they face.

Risk Management 52

Risk Management Management All-Hazards Mitigation 52

Zerto

AUGUST 24, 2023

The Importance of Risk Control The significance of risk control cannot be overstated: it’s a critical element of the risk management process, enabling organizations to identify and manage the risks they face. The post Risk Management Process – Part 3c: Risk Control appeared first on Zerto.

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Risk Management Management Acceptable Risk Mitigation 98

Zerto

APRIL 6, 2023

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 Management Impact Analysis Disaster Recovery 98

Reciprocity

OCTOBER 8, 2024

Risk management is arguably the most effective way to navigate uncertain circumstances. That said, not everyone can handle the time and resource commitments associated with traditional risk management processes. If this is you, building an automated risk management program may be the wiser course.

Risk Management 52

Risk Management Cybersecurity Management Alert 52

Reciprocity

OCTOBER 8, 2024

Risk management is arguably the most effective way to navigate uncertain circumstances. That said, not everyone can handle the time and resource commitments associated with traditional risk management processes. If this is you, building an automated risk management program may be the wiser course.

Risk Management 52

Risk Management Cybersecurity Management Alert 52

MHA Consulting

AUGUST 3, 2023

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. Second, we do not assess the risks to an organization with the expectation that every risk identified can or should be eliminated. Risk management is not one-size-fits all.

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Risk Management Management Strategic All-Hazards 95

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.

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Risk Management Resilience Management Outsourcing 96

Zerto

APRIL 25, 2023

The Critical Role of Business Impact Analysis In the first part of our miniseries on risk management, we introduced the operational risk management process and outlined its different parts. BIA is an essential component of risk management and business continuity planning efforts.

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LogisManager

JUNE 1, 2024

The Role Corporate Governance Plays in Risk Management Last Updated: June 4, 2024 As an auditor, compliance officer or risk manager, you’re used to balancing the delicate processes that impact your company’s performance.

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Corporate Governance Risk Management Government Management 52

Zerto

AUGUST 2, 2023

By incorporating velocity into the risk analysis, organizations can develop more effective mitigation strategies that consider the response speed required to minimize risk impact. In some cases, nonfinancial factors play a more critical role in determining the impact of a particular risk.

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Risk Management Management Impact Analysis Evaluation 98

BryghtPath

JULY 19, 2024

Explore the exciting potential of business continuity AI and discover how it can transform risk analysis, improve preparedness, and strengthen organizational resilience in the face of emerging threats. The post How Business Continuity AI Is Changing The Future Of Risk Management appeared first on Bryghtpath.

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Business Continuity Risk Management Management Resilience 52

Castellan

DECEMBER 13, 2021

Is the key to business continuity success understanding risk and how to manage it across your organization? That’s what we discussed in an episode of Castellan’s new podcast, Business, Interrupted , with Melanie Lucht, Associate Vice President and Chief Risk Officer at Carnegie Mellon University. DOWNLOAD NOW. Lessons Learned.

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Risk Management Pandemic Management Business Continuity 98

LogisManager

MAY 28, 2024

From Insights to Action: Navigating Risk Management in 2024 & Beyond IMPACT 2024 Keynote with Steven Minsky, CEO of LogicManager Duration: 60 Minutes Presenter: Steven Minsky , CEO and Founder of LogicManager Summary: We’ve all seen how failures in risk management, often due to human error, can have severe consequences.

Risk Management 52

Risk Management Airlines Management Pandemic 52

Alert Media

OCTOBER 27, 2023

The risk management lifecycle is a model of ongoing preparedness and mitigation for your organization. Identify, analyze, and respond to hazards.

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Risk Management Hazard Management Resilience 59

Fusion Risk Management

NOVEMBER 19, 2024

Understanding Operational Resilience In an era marked by escalating threats such as natural disasters , geopolitical tensions , cyberattacks, and social unrest, an organization’s ability to adapt, react, and maintain operations is crucial.

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Resilience Banking Vulnerability Crisis Management 52

Zerto

SEPTEMBER 21, 2023

It provides a clear, concise, and easily understandable view of the organization’s risk landscape, which is vital for maintaining business continuity and protecting the organization’s assets and operations. Example of a Risk Map A risk map is a visual representation of the identified risks and their associated likelihood and impact.

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Risk Management Management Mitigation Backup 111

DRI Drive

DECEMBER 9, 2021

The Seventh Annual DRI International Global Risk and Resilience Trends Report is now available as a free download in the DRI Library! Supported by the DRI Future Vision Committee (FVC), it gives an independent analysis of current and emerging risks as perceived by professionals directly involved in managing resilience.

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Resilience Management Pandemic Risk Management 370

Fusion Risk Management

OCTOBER 7, 2021

Risk management is typically discussed under two categories: Governance, Risk, and Compliance (GRC) or Integrated Risk Management (IRM). Strategic risk. What is strategic risk, and how do you manage it? Solutions Customer Summit Series. Protecting Enterprise Strategy.

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Risk Management Management Strategic Fashion 98

Security Industry Association

MAY 9, 2024

New Security Industry Association (SIA) member Advanced Data Risk Management (ADRM) provides data-driven risk management solutions to protect organizations’ critical assets. DO : We recently launched our managed services software, DEFENDER.

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Risk Management Management Command Center Emergency Response 59

Zerto

JULY 12, 2023

In the previous post of this risk management series, we covered the business impact analysis (BIA) , which is a crucial step in understanding the impact of potential disruptions to critical business processes. Now, we move on to the next critical step in the process: risk assessment , and its first stage, risk identification.

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Risk Management All-Hazards Management Mitigation 97

Risk Management Monitor

NOVEMBER 15, 2021

On Friday, RIMS President Ellen Dunkin presented the Internal Revenue Service (IRS) with the 2021 Global Enterprise Risk Management Award of Distinction at the Society’s ERM Conference in New York City. The panel comprises members of RIMS Strategic and Enterprise Risk Management Council.

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Risk Management Management Strategic Pandemic 83

everbridge

NOVEMBER 15, 2024

“Are we doing everything we should be doing to build organizational resilience?” Plans, projects and technologies may occupy most of your time, but it’s worth taking a step back to reflect on how your resilience-focused activities may be aligned…or misaligned. Key points include: Designing and formulating a resilience policy.

Resilience 52

Resilience Strategic All-Hazards Evaluation 52

DRI Drive

AUGUST 3, 2022

As risk and resilience planning begins to impact the cyber and environmental aspects of corporate strategy, a new survey sees more risk professionals are getting a seat at the table. The Federation of European Risk Management Associations (FERMA) has published its bi-annual Risk Manager Survey.

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Publishing Risk Management Resilience Management 370

Fusion Risk Management

SEPTEMBER 1, 2021

In today’s world, where we have seen massive supply chain disruptions, data breaches, enforcement actions, and a stunning series of customer failures, the world of third-party risk management (TPRM) has never been under more scrutiny. Let’s examine what third-party risk management means. Risk Assessment.

Risk Management 52

Risk Management Management Outsourcing Fashion 52

Castellan

AUGUST 24, 2022

Get the Getting Started with Resilience Management Guide. While attacks like SolarWinds help bring awareness to security risks associated with supply chains, most organizations still have a lot of ground to make up for supply chain risk assessments and risk management. Ramping Up Resiliency.

Risk Management 52

Risk Management Management Audit Resilience 52

DRI Drive

MARCH 16, 2023

As federal regulators take over Silicon Valley Bank in the wake of its collapse, many finance sector resilience professionals are looking at its risk management strategies to figure out what went wrong. When the SVB collapse was announced on Mar.

Banking 370

Banking Risk Management Resilience Management 370

Fusion Risk Management

OCTOBER 26, 2023

In today’s fast-paced and ever-changing business environment, having a robust resilience program and leveraging and investing in generative AI to enhance your strategic initiatives is more important than ever. In such situations, Resilience Copilot has proven to be a valuable resource.

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Resilience Management Crisis Management Application 59

everbridge

AUGUST 12, 2022

To ensure traveling employees are kept safe, organizations must prepare their people for potential risks and keep them informed throughout their journey, providing further assistance and care if needed. The Importance of a Successful Travel Risk Management (TRM) Solution. Everbridge for Travel Risk Management.

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Travel Risk Management Management Activation 64

Risk Management Monitor

NOVEMBER 11, 2021

With climate change quickly becoming one of the most important issues facing the world, Lloyd’s Chairman Bruce Carnegie-Brown stressed the importance of ESG initiatives to address the threat, as well as the vital role of risk managers, in today’s keynote address at the RIMS ERM Conference 2021 in New York City.

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Risk Management Management Insurance Insurance 80

Fusion Risk Management

FEBRUARY 16, 2023

In fact, over the past several years, the topic of third-party risk, as it relates to heightened challenges around management efforts, has become a major point of discussion. This was the objective of our latest innovations to Fusion’s third-party risk management solution.

Risk Management 52

Risk Management Management Outsourcing Mitigation 52

Reciprocity

MARCH 24, 2022

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

BryghtPath

AUGUST 9, 2023

Discover strategies for building board resilience, enhancing organizational success through effective risk management and planning. The post Board Resilience: Essential Strategies for Success appeared first on Bryghtpath.

Resilience 95

Resilience Risk Management Management Crisis Management 95

Pure Storage

JANUARY 11, 2024

5 Key Takeaways from the EU’s Digital Operational Resilience Act (DORA) by Pure Storage Blog In our recent white paper, “ Strengthening Operational Resilience in Financial Services , ” we explore how operational resilience (OR) has emerged as one of the most important issues in the financial industry.

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Resilience Financial Services Banking Cybersecurity 117

Risk Management Monitor

OCTOBER 25, 2022

According to Beazley’s recent Risk & Resilience Geopolitical Report , inflation is a key area of concern for business leaders and they expect economic uncertainty to remain high through to the end of this year. Even more striking is the lack of perceived resilience to inflationary pressure, with 65% of business leaders in the U.S.

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Insurance Insurance Risk Management Management 40