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Risk Management Process – Part 3c: Risk Control

Zerto

In our last post, we examined the risk analysis step of risk assessment. The third crucial step in risk assessment is risk control, which involves crafting effective strategies to mitigate the identified risks.

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How to Offload Your Risk to a Third Party

MHA Consulting

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?

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5 Steps towards an Actionable Risk Appetite

LogisManager

Risk appetites and tolerances are the perfect way to make data-driven, performance-enhancing decisions while developing a system to understand when and where your business is taking on too much risk, or not taking on enough. Risk Appetite. Risk Tolerance. Risk Appetite.

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SOC 2 vs ISO 27001: Key Differences Between the Standards

Reciprocity

These control sets offer management the option to avoid, transfer, or accept risks, rather than mitigate those risks through controls. Assessing both external and internal risks requires a holistic focus on information security. This requires you to monitor your vendors’ activities continuously.

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