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)?

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LogisManager

JULY 30, 2024

Million Crashes Later: Why CrowdStrike’s Blunder Is Your Risk Management Wake-Up Call Last Updated: July 30, 2024 On July 19, 2024, the world got a brutal wake-up call. This catastrophic event is a prime example of a colossal failure in risk management at multiple levels and underscores the dangers of third-party contagion.

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Risk Management Management Outage Banking 98

IBM Business Resiliency

MAY 20, 2021

Less resilient organizations experienced inventory shortages, unexpected demand shifts, decreased productivity, shipment delays and, in some cases, a tarnished brand reputation. Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers. No supply chain is without risk.

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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.

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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.

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MHA Consulting

MARCH 14, 2024

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. Putting Their Head in the Sand Many organizations put their head in the sand when it comes to assessing the risks they face.

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DRI Drive

DECEMBER 9, 2021

The Seventh Annual DRI International Global Risk and Resilience Trends Report is now available as a free download in the DRI Library! Supported by the DRI Future Vision Committee (FVC), it gives an independent analysis of current and emerging risks as perceived by professionals directly involved in managing resilience.

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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.

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Risk Management Cybersecurity Management Alert 52

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.

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Risk Management Cybersecurity Management Alert 52

Zerto

AUGUST 24, 2023

The Importance of Risk Control The significance of risk control cannot be overstated: it’s a critical element of the risk management process, enabling organizations to identify and manage the risks they face. The post Risk Management Process – Part 3c: Risk Control appeared first on Zerto.

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Zerto

APRIL 6, 2023

Risk management describes how a business identifies, analyzes, and responds to threats and risk factors that impact its profitability, viability, and strategic goals. Risk management attempts to control future threats by planning preemptively and deploying effective risk-control measures.

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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.

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Resilience Strategic All-Hazards Evaluation 52

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.

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Risk Management Management Strategic All-Hazards 95

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.

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BryghtPath

JULY 19, 2024

Explore the exciting potential of business continuity AI and discover how it can transform risk analysis, improve preparedness, and strengthen organizational resilience in the face of emerging threats. The post How Business Continuity AI Is Changing The Future Of Risk Management appeared first on Bryghtpath.

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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.

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Castellan

DECEMBER 13, 2021

Lucht brings unique insight into the congruences between risk management and business continuity to shore up operational resilience, especially related to disaster recovery and response. They’ve also come to appreciate the value of just risk management in general…”. The idea behind this core group is simple.

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LogisManager

MAY 28, 2024

From Insights to Action: Navigating Risk Management in 2024 & Beyond IMPACT 2024 Keynote with Steven Minsky, CEO of LogicManager Duration: 60 Minutes Presenter: Steven Minsky , CEO and Founder of LogicManager Summary: We’ve all seen how failures in risk management, often due to human error, can have severe consequences.

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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.

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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.

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Risk Management Management Impact Analysis Evaluation 98

DRI Drive

AUGUST 3, 2022

As risk and resilience planning begins to impact the cyber and environmental aspects of corporate strategy, a new survey sees more risk professionals are getting a seat at the table. The Federation of European Risk Management Associations (FERMA) has published its bi-annual Risk Manager Survey.

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BryghtPath

AUGUST 9, 2023

Discover strategies for building board resilience, enhancing organizational success through effective risk management and planning. The post Board Resilience: Essential Strategies for Success appeared first on Bryghtpath.

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DRI Drive

MARCH 16, 2023

As federal regulators take over Silicon Valley Bank in the wake of its collapse, many finance sector resilience professionals are looking at its risk management strategies to figure out what went wrong. When the SVB collapse was announced on Mar.

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Banking Risk Management Resilience Management 370

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.

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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.

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Zerto

SEPTEMBER 21, 2023

It provides a clear, concise, and easily understandable view of the organization’s risk landscape, which is vital for maintaining business continuity and protecting the organization’s assets and operations. Example of a Risk Map A risk map is a visual representation of the identified risks and their associated likelihood and impact.

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Risk Management Monitor

NOVEMBER 15, 2021

On Friday, RIMS President Ellen Dunkin presented the Internal Revenue Service (IRS) with the 2021 Global Enterprise Risk Management Award of Distinction at the Society’s ERM Conference in New York City. The panel comprises members of RIMS Strategic and Enterprise Risk Management Council.

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Risk Management Management Strategic Pandemic 83

Security Industry Association

MAY 9, 2024

New Security Industry Association (SIA) member Advanced Data Risk Management (ADRM) provides data-driven risk management solutions to protect organizations’ critical assets. The post SIA New Member Profile: Advanced Data Risk Management (ADRM) appeared first on Security Industry Association.

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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.

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Castellan

AUGUST 24, 2022

Get the Getting Started with Resilience Management Guide. While attacks like SolarWinds help bring awareness to security risks associated with supply chains, most organizations still have a lot of ground to make up for supply chain risk assessments and risk management. Ramping Up Resiliency.

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everbridge

AUGUST 12, 2022

To ensure traveling employees are kept safe, organizations must prepare their people for potential risks and keep them informed throughout their journey, providing further assistance and care if needed. The Importance of a Successful Travel Risk Management (TRM) Solution. Everbridge for Travel Risk Management.

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DRI Drive

JANUARY 16, 2024

Currently Vice President of Risk Management for Marriott International, she brings a wealth of resilience experience to the table. DRI International is pleased to welcome Michele Turner, MBCP, as Chair of the DRI Board of Directors. We spoke with her about her career, her views on the profession, and her work with DRI.

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Fusion Risk Management

SEPTEMBER 1, 2021

In today’s world, where we have seen massive supply chain disruptions, data breaches, enforcement actions, and a stunning series of customer failures, the world of third-party risk management (TPRM) has never been under more scrutiny. Let’s examine what third-party risk management means. Risk Assessment.

Risk Management 52

Risk Management Management Outsourcing Fashion 52

everbridge

OCTOBER 7, 2024

Over the past decade, as natural disasters, geopolitical tensions, and cyber threats have increased, so too have expectations among shareholders, boards, customers, and regulators that companies will withstand disruptions, meet their obligations to stakeholders, and demonstrate resilience.

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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.

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everbridge

MAY 3, 2024

By Lorenzo Marchetti , Head of Global Public Affairs In an interconnected world, digital resilience is crucial for navigating crises and safeguarding financial and security assets. The Digital Operational Resilience Act (Regulation (EU) 2022/2554) solves an important problem in the EU financial regulation. What is DORA?

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Resilience Risk Management Change Management Communications 52

BryghtPath

NOVEMBER 30, 2023

Explore the role of operational resilience in business continuity, risk management, and overcoming challenges for a more resilient organization. The post Operational Resilience: Strengthening Business Continuity appeared first on Bryghtpath.

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