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Understanding Crisis Management for Businesses

Bernstein Crisis Management

Crisis management refers to the identification, assessment, understanding, and mitigation of significant negative events. It involves preparing for potential crises through strategic planning and response protocols to protect an organization’s stakeholders, reputation, and assets.

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How Financial Entities Can Turn IT Outages Into Strategic Advantages by Laura Chu

PagerDuty

Automating repetitive and error-prone tasks helps mitigate these risks while freeing teams to focus on strategic initiatives. With comprehensive visibility, companies can reduce downtime, mitigate risks, and ensure compliance with evolving regulatory standards.

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Planning to Reduce Crisis Overload

Bernstein Crisis Management

The key lies in strategic crisis management planning that focuses on addressing categories of issues rather than specific circumstances. To prevent crises where it’s possible, and mitigate their impact where it’s not, businesses must invest in comprehensive crisis planning that addresses these areas of vulnerability.

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Strengthening security resilience: A proactive approach to evolving threats

everbridge

Security threats are evolving rapidly, shaped by a combination of cyber vulnerabilities, supply chain risks, geopolitical instability, and natural disasters. Organizations face a growing need to adapt their security strategies, ensuring they can anticipate, mitigate, and respond to threats effectively.

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How to Connect the Dots Between Risks and Goals for Board Insight

LogisManager

How to Connect the Dots Between Risks and Goals for Board Insight Last Updated: June 4, 2024 Effective corporate governance hinges on the ability to provide the Board of Directors with clear, actionable insights into your organization’s risks and how they impact strategic goals. How do you currently quantify your organization’s risks?

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These 8 Risk Domains Are the Meat and Potatoes of Risk Management 

MHA Consulting

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. Exactly what those domains are will be detailed in a moment.

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Cybersecurity Leadership: The Complete Guide to Building and Leading an Effective Security Team

Pure Storage

Strong cybersecurity leadership ensures that resources are strategically allocated, risks are properly managed, and that the team is prepared to face not only today’s threats but tomorrow’s as well. A clear, well-rehearsed incident response plan reduces the time it takes to detect and mitigate threats.