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 111

Risk Management Management Mitigation Backup 111

MHA Consulting

FEBRUARY 23, 2023

Many companies spend millions of dollars implementing risk mitigation controls but are kept from getting their money’s worth by a disconnected, piecemeal approach. Successful risk mitigation requires that a central authority supervise controls following a coherent strategy. I wish it were true.

Mitigation 97

Mitigation Authorization Risk Management Risk Reduction 97

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 98

Risk Management Management Acceptable Risk Mitigation 98

Citrix

FEBRUARY 3, 2022

But, really, cybersecurity’s is about risk management — layering on controls to reduce risk to an acceptable level. Cybersecurity risk management requires a multi-faceted approach, … The post Help mitigate your organization’s cybersecurity risks first appeared on Citrix Blogs.

Mitigation 92

Mitigation Cybersecurity Risk Management Management 92

MHA Consulting

AUGUST 3, 2023

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains. Risk management is not one-size-fits all.

Risk Management 95

Risk Management Management All-Hazards Mitigation 95

Citrix

FEBRUARY 3, 2022

But, really, cybersecurity’s is about risk management — layering on controls to reduce risk to an acceptable level. Cybersecurity risk management requires a multi-faceted approach, … The post Help mitigate your organization’s cybersecurity risks first appeared on Citrix Blogs.

Mitigation 90

Mitigation Cybersecurity Risk Management Management 90

DRI Drive

MARCH 28, 2022

A recent survey of CIOs shows that nearly all of them are aware of the threats coming down the pike – but far fewer of them are using the resilience and mitigation tools that would help them survive. The post Survey: CIOs Know Their Risks – But Not Business Continuity appeared first on DRI Drive.

Business Continuity 367

Business Continuity Mitigation Resilience BCM 367

Business Continuity Today

JANUARY 17, 2023

Risk management and business continuity are two critical concepts in business management. Risk management is identifying, assessing, and prioritizing potential risks to an organization's operations and assets and implementing strategies to mitigate or manage those risks.

Risk Management 86

Risk Management Business Continuity Management Hazard 86

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

BCM METRICS

APRIL 14, 2022

Every organization that is determined to get serious about risk management should know about ISO 31000. The post A Great Place to Start: The ISO 31000 Risk Management Guidelines appeared first on BCMMETRICS.

Risk Management 85

Risk Management Management Mitigation Business Continuity 85

LogisManager

OCTOBER 31, 2023

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.

Risk Management 105

Risk Management Audit Management Banking 105

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 97

Risk Management All-Hazards Management Mitigation 97

Castellan

DECEMBER 13, 2021

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.

Risk Management 98

Risk Management Pandemic Management Business Continuity 98

LogisManager

FEBRUARY 1, 2024

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.

Risk Management 105

Risk Management Management Strategic Activation 105

Solutions Review

SEPTEMBER 9, 2021

Solutions Review’s listing of the best risk management software is an annual mashup of products that best represent current market conditions, according to the crowd. To make your search a little easier, we’ve profiled the best risk management software providers all in one place. The Best Risk Management Software.

Risk Management 98

Risk Management Management Audit Hospitality 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 97

Risk Management Management Impact Analysis Evaluation 97

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 97

Impact Analysis Risk Management Management Continuity Planning 97

LogisManager

JANUARY 14, 2025

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.

Risk Management 52

Risk Management Healthcare Mitigation Manufacturing 52

MHA Consulting

MAY 19, 2021

In recent posts, we’ve been talking about how important it is for organizations to reassess their risks as the economy opens up. Today, we provide a tool to help in … The post Checking It Twice: The Corporate Risk Mitigation Checklist appeared first on MHA Consulting.

Mitigation 95

Mitigation Consulting Continuity Planning Risk Management 95

MHA Consulting

JANUARY 27, 2022

Many service providers tune out talk about supply chain risk management since they think the issue only affects manufacturers and retailers. In fact, service providers are also vulnerable to vendor … The post What Service Providers Need to Know About Supply Chain Risk Management appeared first on MHA Consulting.

Risk Management 95

Risk Management Retail Management Manufacturing 95

LogisManager

MAY 9, 2023

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. However, the evidence was inconclusive so their strategy continued unchanged.

Banking 98

Banking Risk Management Management Corporate Governance 98

IBM Business Resiliency

MAY 20, 2021

Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers. Here are four ways to build a cohesive risk management strategy that you can use to proactively prevent and mitigate risks across the supply chain. No supply chain is without risk.

Risk Management 96

Risk Management Resilience Management Benchmark 96

LogisManager

DECEMBER 19, 2024

Discover how to align your goals with leaderships expectations, eliminate gaps in your risk management process, and ensure your contributions are recognized. Through real-world examples and actionable insights, learn how to make your work more impactful and prove the value of your risk management efforts.

Risk Management 52

Risk Management Strategic Mitigation Communications 52

IT Governance BC

DECEMBER 16, 2024

Risk only ceases to exist when you shut the doors. If we know that security incidents are a matter of when, not if, how should organisations approach risk management? Suppose youve identified a risk, and youve implemented a control to mitigate it. Youll still need to accept the risk exists.

Cyber Resilience 75

Cyber Resilience Resilience Risk Management Mitigation 75

everbridge

NOVEMBER 15, 2024

This standard offers a blueprint to enhance resilience, optimize risk management, and refine strategic planning. It also complements and works in tandem with other standards that focus on risk management, business continuity management, and crisis management, like ISO 31000, ISO 22301, and ISO 22361.

Resilience 59

Resilience All-Hazards Strategic Evaluation 59

Security Industry Association

MARCH 27, 2023

Today’s technology advances, such as cloud computing, deep learning and IoT, enable the application of enterprise data to mitigate risks and accurately and efficiently manage facilities’ security systems. It also mitigates operational costs associated with outside contractors, errors, rework and compliance breaches.

Risk Management 97

Risk Management Security Management Technology 97

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

LogisManager

MARCH 14, 2025

Where SoD is Essential in Risk Management Separation of Duties applies anywhere conflicts of interest or lack of oversight could lead to bad outcomes. In an Enterprise Risk Management (ERM) platform , that means: Risk Identification: The person flagging a risk shouldnt be the one approving it.

Government 52

Government Audit Mitigation Evaluation 52

Solutions Review

OCTOBER 10, 2024

To reflect the pace of technological innovation and meet customer and shareholder expectations, some companies have expanded their C-suite, adding positions like the Chief Data Officer, Chief AI Officer, and Chief Risk Officer (CRO) to better mitigate risk and increase growth and productivity.

Strategic 52

Strategic Risk Management Mitigation Disaster Recovery 52

Fusion Risk Management

NOVEMBER 19, 2024

The Prudential Regulation Authority (PRA), Bank of England (BoE), and Financial Conduct Authority (FCA) jointly issued stringent regulations to mitigate systemic risks and contain potential crises. Operational resilience transcends mere checklists; it is the outcome of effective operational risk management.

Resilience 59

Resilience Banking Vulnerability Crisis Management 59

Reciprocity

OCTOBER 7, 2024

As ever more business operations rely on software systems and online platforms, the range of cybersecurity risks they face become ever more complex. A strong risk management process can help, enabling organizations to detect potential threats, gauge the potential disruption, and implement mitigation plans to minimize the risk of harm.

Risk Management 52

Risk Management Management Response Plan Evaluation 52

Reciprocity

OCTOBER 8, 2024

Digital risk is created by the new technologies that a company adopts to help accelerate its digital transformation. Digital risk management refers to how a company assesses, monitors, and treats those risks that arise from digital transformation. Digital risk management is a critical part of business management.

Risk Management 52

Risk Management Management Media Vulnerability 52

Reciprocity

OCTOBER 8, 2024

Digital risk is created by the new technologies that a company adopts to help accelerate its digital transformation. Digital risk management refers to how a company assesses, monitors, and treats those risks that arise from digital transformation. Digital risk management is a critical part of business management.

Risk Management 52

Risk Management Management Media Vulnerability 52

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

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

Risk Management Monitor

AUGUST 30, 2021

The storm marks another overactive hurricane season officially underway in the United States, prompting business leaders and property owners to ensure they are adequately prepared from an insurance and risk management perspective. Some key recommendations to consider before and after any hurricane include: Preventative Measures.

Risk Management 74

Risk Management Insurance Insurance Management 74

Reciprocity

OCTOBER 8, 2024

Enterprise risk management (ERM) can be a challenging endeavor – but a rewarding one, too. To reap the full benefits, risk management teams must understand what those barriers are, and the techniques you can use to overcome them. Training and supervision are also risk management and mitigation activities.

Risk Management 52

Risk Management Management Corporate Governance Audit 52