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

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

LogisManager

OCTOBER 17, 2024

Change Healthcare’s 2024 Data Breach: Key Risk Management Lessons Last Updated: October 17, 2024 In 2024, Change Healthcare faced a significant data breach that rippled across the healthcare industry, highlighting how risks are interconnected and can spread beyond their point of origin.

Risk Management 52

Risk Management Healthcare Management Audit 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

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

Zerto

JANUARY 14, 2025

As reliance on digital technologies by financial institutions increases, so does the risk of cyberattacks, IT failures, and third-party vulnerabilities. Key requirements include: ICT Risk Management Identify, mitigate, and monitor IT risks.

Cyber Resilience 89

Cyber Resilience Disaster Recovery Resilience Risk Management 89

LAN Infotech

MAY 4, 2021

Making Ongoing Risk Management an Operational Standard. While there are several pieces to this puzzle, the most important one, considering today’s threat landscape, is ongoing risk management. It also requires making ongoing risk management an operational standard for your business. billion in value.1

Risk Management 61

Risk Management Management Cybersecurity Vulnerability 61

LogisManager

JANUARY 14, 2025

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.

Mitigation 52

Mitigation Risk Management Audit Backup 52

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

LogisManager

JUNE 4, 2024

As a trusted advisor, you face the challenge of assembling information across functions and levels while maintaining a comprehensible picture of risk. How do you currently quantify your organization’s risks? Are you able to link operational risks to the strategic goals they impact?

Corporate Governance 105

Corporate Governance Strategic Risk Management Activation 105

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. Additional important ERM components are risk philosophy or strategy, risk culture, and risk appetite. Two ERM Must-Haves.

Risk Management 52

Risk Management Management Mitigation Strategic 52

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.

Risk Management 52

Risk Management Management Mitigation Strategic 52

MHA Consulting

OCTOBER 19, 2022

In such times, the best thing an organization can do is get serious about risk management. Related on BCMMETRICS: The ABCs of ERM: The Rise of Enterprise Risk Management An Unstable Global Environment Not since the height of the Cold War has the global environment felt as shaky as it does now.

Risk Management 52

Risk Management Management Mitigation Business Continuity 52

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?

Risk Management 52

Risk Management Management Insurance Insurance 52

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.

Management 104

Management Strategic Risk Management Mitigation 104

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. Risks for all business scandals, like the one at Colonial Pipeline, are always known months in advance, making the consequences preventable. With strong Enterprise Risk Management (ERM), nearly 100% of all liabilities can be avoided. Data Governance.

Risk Management 64

Risk Management Management Authentication Hospitality 64

NexusTek

JANUARY 17, 2024

Capitalizing on human error and a host of other vulnerabilities, threat actors increasingly exploit weak links in supply chains to gain access to bigger targets up the chain. Understanding Supply Chain Cyber Risk The increasingly digital nature of supply chain relationships has caused the associated cyber risks to skyrocket.

Malware 105

Malware Management Risk Management Cybersecurity 105

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

LogisManager

MAY 11, 2023

Complimentary Gartner® Report: How to Implement a Risk-Based Vulnerability Management Methodology‌ Vulnerabilities are not just a technical issue but are also a business risk that needs to be managed effectively. 1 Many companies still use a rearview approach of governance, risk, and compliance (GRC).

Vulnerability 52

Vulnerability Management Risk Management Government 52

LogisManager

MAY 11, 2023

Complimentary Gartner® Report: How to Implement a Risk-Based Vulnerability Management Methodology‌ Vulnerabilities are not just a technical issue but are also a business risk that needs to be managed effectively. 1 Many companies still use a rearview approach of governance, risk, and compliance (GRC).

Vulnerability 52

Vulnerability Management Risk Management Government 52

MHA Consulting

MAY 18, 2023

For most entrepreneurs, worrying about risk takes a back seat to bringing in revenue and building their company’s brand. But as their companies grow, business owners can and should start becoming more proactive about mitigating risk. We have multiple layers of mitigation and protection across all facets of the organization.

Mitigation 98

Mitigation Consulting Risk Management BCM 98

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.

Insurance 98

Insurance Insurance Outsourcing Mitigation 98

LogisManager

FEBRUARY 13, 2024

If your policy management program is fragmented across different systems, the likelihood of non-compliance will significantly increase, opening the door for operational inefficiencies, increased risks, and reputational damage. But they’ll never deliver their designed impact if nobody follows them.

Management 105

Management Vulnerability Mitigation Strategic 105

Reciprocity

OCTOBER 1, 2022

Protecting your corporate website as an enterprise risk management strategy can keep your data, customers, sensitive information, and reputation safe. Whether an organization is large or small, the client-facing website offers hackers easily exploitable vulnerabilities for ransomware or malware infections.

Risk Management 52

Risk Management Management Vulnerability Malware 52

LogisManager

JANUARY 22, 2024

Successful leaders in the IT Governance space will proactively identify and mitigate threats before they can be exploited. Additionally, a keen understanding of your current IT Risk Maturity will be crucial in moving from a reactive approach to a proactive one.

Government 105

Government Cybersecurity Corporate Governance Risk Management 105

LAN Infotech

JANUARY 18, 2022

This means businesses will be more vulnerable, especially those who do not take critical measures to mitigate cybercrimes. Risk Management Services . If your business doesn’t have an effective risk management strategy, you could experience massive losses after a cyber-attack.

Insurance 119

Insurance Insurance Cybersecurity Risk Management 119

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. Security risks aren’t the only type of risk that organizations face.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Security Industry Association

MARCH 1, 2024

One impactful group in this ongoing battle is the Common Vulnerabilities and Exposures Program (CVE). Spearheaded by the MITRE Corporation, CVE is a crucial framework for identifying and managing vulnerabilities across various systems. Risk mitigation: Identifying vulnerabilities is the first step towards mitigating risks.

Vulnerability 52

Vulnerability Security Mitigation Authorization 52

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?

Risk Management 52

Risk Management Management Activation Government 52

Plan B Consulting

JUNE 11, 2020

This week I look at risk management in response to the ongoing COVID-19 outbreak and Black Lives Matter movement. I wanted to write about risk management and what I perceive is a massive failure of the process and implementation in ensuring that organisations were ready for a pandemic.

Risk Management 52

Risk Management Management Pandemic Civil Emergency 52

Plan B Consulting

JUNE 11, 2020

This week I look at risk management in response to the ongoing COVID-19 outbreak and Black Lives Matter movement. I wanted to write about risk management and what I perceive is a massive failure of the process and implementation in ensuring that organisations were ready for a pandemic. Pandemic an identified risk.

Risk Management 52

Risk Management Management Pandemic Civil Emergency 52

Solutions Review

APRIL 24, 2023

The editors at Solutions Review have compiled this list of the best risk management courses on Coursera to consider if you’re looking to grow your skills. Risk management is an essential skill in the data protection space. The class outlines the relationship between assets, vulnerabilities, threats, and risks.

Risk Management 52

Risk Management Management Disaster Recovery Cybersecurity 52

Fusion Risk Management

FEBRUARY 16, 2023

A ccording to Deloitte’s global third party risk management survey 2022 , 73% of respondents reported having a high level of dependency on third parties – a nd that reliance is predicted to continuously increase which , in turn, means ongoing related challenges.

Risk Management 52

Risk Management Management Outsourcing Mitigation 52

Security Industry Association

DECEMBER 20, 2021

New Security Industry Association (SIA) member Resecurity is a cybersecurity company that delivers a unified software platform for endpoint protection, risk management and threat intelligence. Gene Yoo : Resecurity was founded in 2016 out of a need for advanced threat intelligence and risk management in the industry.

Cybersecurity 98

Cybersecurity Risk Management Mitigation Security 98

LogisManager

SEPTEMBER 24, 2021

From the perspective of our Product team, the challenges of risk and compliance professionals are at the forefront. This collaborative group of developers, designers, lawyers and risk managers uses those insights, along with rigorous R&D, to inform the way LogicManager works. Bonus Material: Free Risk Assessment Template.

Risk Management 104

Risk Management Audit Evaluation Healthcare 104

LogisManager

SEPTEMBER 21, 2021

Ransomware attacks are running rampant, and hackers are using the vulnerability of HIPAA-protected information to advance their coercion. Related Post: The Colonial Pipeline Hack: A Failure in Risk Management. In this client’s case, they’re mitigating the risks of a privileged access violation. DOWNLOAD CHECKLIST.

Healthcare 96

Healthcare Audit Pandemic Risk Management 96