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.

Risk Management 98

Risk Management Management Strategic Fashion 98

Zerto

AUGUST 24, 2023

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.

Risk Management 82

Risk Management Management Acceptable Risk Mitigation 82

Zerto

SEPTEMBER 21, 2023

It illustrates the risk profile of the organization at a specific point in time, a profile that will evolve over time as new risks are identified and/or controls are put in place to mitigate some of them. The Importance of a Risk Map The risk map is a vital component of risk assessment.

Risk Management 97

Risk Management Management Mitigation Backup 97

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.

Resilience 117

Resilience Financial Services Banking Cybersecurity 117

Disaster Recovery Journal

OCTOBER 23, 2020

Thinking dark thoughts and looking hard at the what ifs are just a part of risk management. Â By ensuring business resilience, we help preserve the family life of the employees who work for our companies. a control, mitigation, plan, or process is important to include in their own program and recovery plans.

Risk Management 214

Risk Management Disaster Recovery Emergency Response Emergency Response 214

Zerto

JANUARY 14, 2025

The Digital Operational Resilience Act (DORA) deadline is fast approaching. 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.

Cyber Resilience 89

Cyber Resilience Disaster Recovery Resilience Risk Management 89

MHA Consulting

JANUARY 25, 2024

The terms business continuity and business resilience are superficially similar and a world apart. The terms business continuity and business resilience are a distinction with a difference. This was the context in which the concept of business resilience was born. The likely answer is not that much.

BCM 105

BCM Business Continuity Resilience Outage 105

Castellan

JANUARY 10, 2022

This is part 2 of a two-part series exploring the resilience movement, how it can positively impact modern business, and the roles executives and key stakeholders play in ensuring operational resilience while managing efficiencies and adapting to changing environments with an expanding threat landscape. Resilience Assessments.

Resilience 98

Resilience Risk Management Management Response Plan 98

Castellan

MAY 16, 2022

As such, these evolving work environments have created new challenges for business continuity, including new and evolving risks for resilience management. Unfortunately, many resilience and security teams were just not prepared to respond to challenges created by the rapid adoption of these remote teams.

Resilience 98

Resilience Management BCM Business Continuity 98

Castellan

NOVEMBER 24, 2021

Understanding the evolution of supply chain risk management post-pandemic. Have you ever shared that idea with a leader or manager and it’s gone nowhere? The Evolving Role of Supply Chains for Resilience. It’s about risk appetite, risk registers, and risk mitigation.

Resilience 98

Resilience Business Continuity Mitigation Pandemic 98

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.

Impact Analysis 79

Impact Analysis Risk Management Management Continuity Planning 79

Castellan

NOVEMBER 9, 2021

As the threat landscape and risks continue to evolve and expand in business continuity and operational resilience for organizations of all sizes around the globe, it is becoming increasingly more important for industry professionals to evolve and change with it. From Disaster Recovery to Operational Resilience.

Resilience 98

Resilience Business Continuity Disaster Recovery Risk Management 98

MHA Consulting

MARCH 14, 2024

Risk can never be eliminated but it can be mitigated. 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. Risk can never be completely removed, but it can be mitigated.

Risk Management 52

Risk Management Management All-Hazards Mitigation 52

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.

Risk Management 77

Risk Management All-Hazards Management Mitigation 77

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.

Risk Management 59

Risk Management Hazard Management Resilience 59

LogisManager

DECEMBER 19, 2023

Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. What Is Strategic Risk Management? What Is Enterprise Risk Management (ERM)?

Risk Management 52

Risk Management Strategic Management Mitigation 52

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.

Risk Management 52

Risk Management Business Continuity All-Hazards Management 52

Castellan

APRIL 1, 2022

At a high level, it may seem natural to use the terms business continuity management and enterprise risk management interchangeably. As a resilience management professional, why is it important to know where these two terms split? What is Enterprise Risk Management (ERM)?

BCM 98

BCM Risk Management Business Continuity Resilience 98

MHA Consulting

JUNE 15, 2023

Vulnerability management is the practice of identifying and mitigating the weaknesses in an organization’s people, processes, and technology. It’s a practical, down-to-earth approach that focuses on small things, but it has the power to bring big gains to an organization’s resilience. Risk management is the overall program.

Vulnerability 98

Vulnerability Management Mitigation Risk Management 98

IT Governance BC

DECEMBER 16, 2024

And how to become resilient with ISO 27001 and ISO 22301 Unfortunately, even the most secure organisation can suffer an incident. This is where cyber resilience comes in. Cyber resilience combines cyber security with the ability to detect, respond to and recover from cyber incidents. How will you ensure operational resilience?

Cyber Resilience 75

Cyber Resilience Resilience Risk Management Mitigation 75

everbridge

MAY 8, 2024

It emphasizes a shared responsibility in mitigating risks and ensuring uninterrupted delivery of essential services, renewing the focus on protecting infrastructure assets. With Everbridge , your organization can leverage an advanced risk management and communication platform to support the objectives outlined in the NSM.

Security 98

Security Mitigation Risk Management Transportation 98

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.

Risk Management 78

Risk Management Management Impact Analysis Evaluation 78

Castellan

DECEMBER 21, 2021

This is part 1 of a two-part series exploring the resilience movement, how it can positively impact modern business, and the roles executives and key stakeholders play in ensuring business resilience while managing efficiencies, and adapting to changing environments with an expanding threat landscape. DOWNLOAD REPORT.

Resilience 98

Resilience Pandemic Risk Management Business Continuity 98

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 59

Resilience Strategic All-Hazards Evaluation 59

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

NexusTek

JULY 7, 2021

Cyber Security: 8 Steps to Cyber Resilience. You’ve heard of cyber security, but have you heard of cyber resiliency? Cyber resilience is the ability to maintain business operations despite a cyber attack or breach. Let’s breakdown 8 steps businesses must take to optimize cyber security and cyber resilience strategies.

Cyber Resilience 94

Cyber Resilience Resilience Security BCP 94

LogisManager

MARCH 7, 2024

To effectively manage these challenges and opportunities, insurance companies need to adopt a holistic and proactive approach to risk management. This is where Enterprise Risk Management (ERM) software can help. How does ERM Software help insurance companies?

Insurance 104

Insurance Insurance Strategic Marketing 104

LogisManager

APRIL 14, 2024

Four Impactful Risk Reporting Presentations to Maximize Board Engagement Last Updated: April 14, 2024 The Dual Goals of Risk Management Reporting Risk management is a complex and crucial aspect of organizational governance.

Strategic 103

Strategic Risk Management Mitigation Activation 103

Zerto

SEPTEMBER 30, 2022

In part one of this five-part mini-series, we covered business resilience and highlighted three aspects of resilience on which an organization has the most control. Let’s cover the first one of these: operational resilience. What Is Operational Resilience? It is narrower in scope than business resilience.

Resilience 83

Resilience Corporate Governance Impact Analysis Cyber Resilience 83

Reciprocity

OCTOBER 8, 2024

Enterprise risk management (ERM) can be a challenging endeavor – but a rewarding one, too. While the benefits uncovered by effective ERM don’t always add to the balance sheet directly, they do help a company’s resilience in the face of approaching dangers. Simply being aware of them is the first step to overcoming them.

Risk Management 52

Risk Management Management Corporate Governance Audit 52

Reciprocity

OCTOBER 8, 2024

Enterprise risk management (ERM) can be a challenging endeavor – but a rewarding one, too. While the benefits uncovered by effective ERM don’t always add to the balance sheet directly, they do help a company’s resilience in the face of approaching dangers. Simply being aware of them is the first step to overcoming them.

Risk Management 52

Risk Management Management Corporate Governance Audit 52

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.

Corporate Governance 52

Corporate Governance Risk Management Government Management 52

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.

Resilience 59

Resilience Banking Vulnerability Crisis Management 59

everbridge

MAY 13, 2022

billion people across the globe, putting communities and the businesses they support at risk. As severe weather continues to threaten more people and cause greater harm, building resilience against natural hazards and climate threats is paramount: the time for governments and enterprises to act is now. Severe Weather Trends.

Mitigation 64

Mitigation All-Hazards Alert Hazard 64

MHA Consulting

FEBRUARY 9, 2023

Risk transference is one of the four main strategies organizations can use to mitigate risk. Try a Dose of Risk Management Wise organizations determine how much risk they will accept then make conscious efforts to bring their risk down below that threshold. 2) Is the vendor resilient?

Insurance 98

Insurance Insurance Outsourcing Mitigation 98

MHA Consulting

MARCH 2, 2023

Inherent risk is the danger intrinsic to any business activity or operation. Residual risk is the amount of risk that remains in an activity after mitigation controls are applied. Putting it in mathematical terms: (Inherent risk) – (the risk eliminated by your mitigation controls) = residual risk.

Mitigation 95

Mitigation BCM Acceptable Risk Risk Management 95

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