LogisManager

JANUARY 11, 2024

Thinking Forward: Enterprise Risk Management for 2024 & Beyond Last Updated: January 12, 2024 Going into 2024, practitioners and managers of Enterprise Risk Management programs are under more pressure than ever. Also, this allows management and board members easier access to data for informed decision-making.

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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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MHA Consulting

AUGUST 24, 2023

For those with a suitable temperament and skill set, a career in risk management can be rewarding due to the field’s broad scope, consequential nature, and rising prominence. In this week’s post, we’ll look at what a risk manager does and the skills it takes to excel in this role. It’s a permanent ongoing activity.

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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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Fusion Risk Management

OCTOBER 7, 2021

Risk management is typically discussed under two categories: Governance, Risk, and Compliance (GRC) or Integrated Risk Management (IRM). Now that we have established a baseline around industry concepts, some risk perspectives have become center stage in the past few years. Strategic risk.

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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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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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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

MARCH 7, 2024

How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM Last Updated: March 7, 2024 What are the NAIC Strategic Priorities for 2024? Every year, the NAIC announces its strategic priorities to address the most pressing issues affecting consumers, the insurance sector, and markets.

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DRI Drive

SEPTEMBER 30, 2022

A recent report on enterprise risk management finds business leaders feeling risk complexities are increasing, and finding difficulty integrating ERM with strategic decision making, among other responses. The post Global State of Enterprise Risk Oversight: 5 Takeaways appeared first on DRI Drive.

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Solutions Review

OCTOBER 10, 2024

Diligent’s Brian Stafford offers insights on AI integration and why it is a strategic asset for chief risk officers. Today’s businesses face an increasingly complex risk landscape due to fluctuating market conditions, regulatory and compliance requirements, geopolitical risks, high federal interest rates, the list goes on.

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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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LogisManager

JANUARY 11, 2024

Thinking Forward: Enterprise Risk Management for 2024 & Beyond Last Updated: January 11, 2024 Going into 2024, practitioners and managers of Enterprise Risk Management programs are under more pressure than ever. Also, this allows management and board members easier access to data for informed decision-making.

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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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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 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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FS-ISAC

NOVEMBER 8, 2021

We chase concepts that seem simple, such as "basic" network hygiene, asset management, and patching. But these approaches rely on tenets based on traditional operational and financial risk management. While “close enough” works in asset management for financial inventory, it can quickly prove useless in cybersecurity.

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Solutions Review

SEPTEMBER 14, 2021

The editors at Solutions Review have compiled this list of the best Risk Management courses on Udemy to consider taking. Risk management is an essential skill in the data protection space. This list of the best risk management courses on Udemy below includes links to the modules and our take on each.

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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.

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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.

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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?

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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. When establishing an ERM program, risk mitigation is a paramount concern.

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LogisManager

JANUARY 5, 2023

Customer Value Story: Integrating Risk Management and Incident Management. As a large, nonprofit healthcare provider, Winona Health manages more than 3,000 incidents annually and has more than 1,000 employees that need to report or manage these incidents. Company Size. 1,000-5,000 employees.

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LogisManager

DECEMBER 12, 2023

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

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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?

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LogisManager

JANUARY 2, 2024

Thinking Forward: Managing Third Party Risk for 2024 & Beyond Last Updated: January 2, 2024 In the world of third-party risk management, companies have long been accustomed to doing things the old way, navigating through fragmented processes and siloed approaches. Successful Third Party Risk Programs Focus On: 1.

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LogisManager

DECEMBER 12, 2023

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

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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.

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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. DOWNLOAD NOW. More Third-Party Focus Needed.

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BryghtPath

AUGUST 11, 2023

Explore how global security operations center intelligence strengthens risk management and tackles complex threats. The post Global Security Operations Center Intelligence: A Strategic Approach appeared first on Bryghtpath.

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LogisManager

JANUARY 4, 2022

Risk Management Approach for an Organization? There are many different terms for integrated risk management (IRM); GRC (governance, risk and compliance), as well as ERM (enterprise risk management) are two acronyms commonly used interchangeably with IRM. What is Integrated Risk Management?

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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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On Solve

NOVEMBER 4, 2021

Staying ahead of it all requires thorough risk management. Yet when it comes to both existing and burgeoning risk, the majority of organizations are not adequately informed, let alone prepared. On top of that, respondents indicated they expect a 122 percent increase in optimized risk management strategies in the next 18 months.

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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?

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Solutions Review

OCTOBER 13, 2021

The editors at Solutions Review have compiled this list of the best risk management courses on Pluralsight to consider taking. . Risk management is an essential skill in the data protection space. This list of the best risk management courses on Pluralsight below includes links to the modules and our take on each.

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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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MHA Consulting

FEBRUARY 29, 2024

In enterprise risk management (ERM), risk is commonly divided into eight distinct risk domains, some strategic and some operational. Before we discuss the eight risk domains, there are three general points about risk management that are worth keeping in mind: 1. Hope is not a strategy.

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