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Countdown to DORA: Are you ready for January 17, 2025?

Zerto

By January 17, 2025 , financial institutions and ICT service providers in the EU must meet stringent requirements to enhance IT resilience, manage risk, and recover quickly from disruptions. Key requirements include: ICT Risk Management Identify, mitigate, and monitor IT risks.

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Risks Associated With Business Task Automation and How to Mitigate Them

LogisManager

Risks Associated With Business Task Automation and How to Mitigate Them Last Updated: January 14, 2025 If your business is investing in task automation, you’ll benefit from increased efficiency and reduced manual tasks. Risk managers need to understand their IT processes so they can find and prevent security threats for everyone.

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Risk Management Process – Part 3c: Risk Control

Zerto

The third crucial step in risk assessment is risk control, which involves crafting effective strategies to mitigate the identified risks. There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer.

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Business Process Automation: What It Is and How to Use It

LogisManager

With increasing regulatory pressures and a need for operational agility, your role as a risk manager becomes more complex and essential. For risk managers, BPA offers a structured approach to identifying , managing, and mitigating risks that is both scalable and efficient.

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What is the Three Lines of Defense Approach to Risk Management?

LogisManager

What is the Three Lines of Defense Approach to Risk Management? While this news is relevant to banks, any organization that values proactive risk identification, effective risk management, and regulatory compliance would benefit from implementing the Three Lines Model to safeguard their operations and reputation.

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Boost Your Risk Management Strategy with Enhanced Metric Collection, Collaboration, and Accountability

LogisManager

Boost Your Risk Management Strategy with Enhanced Metric Collection, Collaboration, and Accountability Published: February 1, 2024 LogicManager’s latest product release is designed to empower testing programs with improved metric collection and control validation, ensuring accuracy and reliability.

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Business, Interrupted: Post-Pandemic Thinking Like a Risk Manager

Castellan

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. At Carnegie Mellon, Lucht got a unique opportunity to lead its new enterprise risk management department with an emphasis on organizational resilience.