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 86

Risk Management All-Hazards Management Mitigation 86

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 88

Impact Analysis Risk Management Management Continuity Planning 88

Reciprocity

AUGUST 17, 2022

Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. This article addresses common questions about strategic and operational risk, such as: What are strategic risks and operational risks?

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

everbridge

DECEMBER 19, 2023

By Eric Boger, VP Risk Intelligence As we approach the end of 2023, it’s vital to reflect on the transformative year in the field of critical event management. Simultaneously, the realm of global risk intelligence, early warning systems, and the broader scope of duty of care obligations continue to evolve.

Management 59

Management Travel Vulnerability Cybersecurity 59

everbridge

MAY 8, 2024

It emphasizes a shared responsibility in mitigating risks and ensuring uninterrupted delivery of essential services, renewing the focus on protecting infrastructure assets. With Everbridge , your organization can leverage an advanced risk management and communication platform to support the objectives outlined in the NSM.

Security 98

Security Mitigation Risk Management Resilience 98

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

Security Industry Association

NOVEMBER 14, 2023

1, 2023, the Security Industry Association (SIA) hosted Perimeter PREVENT , a free daylong symposium examining critical issues related to perimeter defense for physical environments, including government and commercial facilities, critical infrastructure, events and more. Here are some key takeaways and discussion highlights from the event.

Security 64

Security Government Technology Application 64

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. ERM is the process of methodically identifying and dealing with any potential events that threaten the achievement of strategic objectives or competitive advantage opportunities. Two ERM Must-Haves.

Risk Management 52

Risk Management Management Mitigation Strategic 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 105

Management Strategic Risk Management Mitigation 105

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

Reciprocity

NOVEMBER 5, 2021

You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in. It helps you manage, minimize, and in some cases eliminate risks, to keep your organization safe and in business. What Are the Components of Enterprise Risk Management?

Risk Management 52

Risk Management Management Audit Strategic 52

MHA Consulting

APRIL 27, 2023

During COVID, business tended to focus on only two of the five risk types; however, organizations that want to prosper over the long term need to be cognizant of and plan for all five kinds of risk. Over the medium and long term, these last three risk types have the power to do grave injury to the company.

Risk Management 86

Risk Management Mitigation Pandemic Strategic 86

LogisManager

JANUARY 5, 2023

Customer Value Story: Integrating Risk Management and Incident Management. As a large, nonprofit healthcare provider, Winona Health manages more than 3,000 incidents annually and has more than 1,000 employees that need to report or manage these incidents. Winona Health: Case Study Company Profile. Company Size.

Risk Management 52

Risk Management Management Healthcare Hospitality 52

LogisManager

DECEMBER 5, 2023

Risk assessment involves identifying, evaluating, and prioritizing potential risks, while management is the proactive handling of these risks. This strategic approach acts as a safeguard, reducing unexpected delays and ensuring the smooth progression of project processes.

Risk Management 103

Risk Management Audit Impact Analysis Evaluation 103

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

On Solve

NOVEMBER 4, 2021

Increasing severe weather events, workers distributed far afield, chronic political conflict, the ongoing pandemic – those are just a few of the features of today’s threat landscape. Staying ahead of it all requires thorough risk management. Risk is defined by its unpredictable nature – it can come from anywhere, anytime.

Risk Management 52

Risk Management Management Fashion Communications 52

MHA Consulting

FEBRUARY 15, 2024

An emerging hot topic in business continuity and risk management is the software known as a risk management information system (RMIS). An RMIS can help an organization identify, assess, monitor, and mitigate risks, but often they merely seduce and distract companies that are not in a position to make proper use of them.

BCM 84

BCM Risk Management Mitigation Business Continuity 84

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 52

Management Strategic Risk Management Mitigation 52

On Solve

DECEMBER 21, 2021

As our OnSolve leadership team reflects on 2020 and 2021, we note a trend in our conversations with Business Continuity (BC), Enterprise Risk Management (ERM), Physical Security (PS), Travel Risk Management (TRM) and Supply Chain Risk Management (SCRM) leaders. Dynamic Environment vs Dynamic Risks.

Risk Management 52

Risk Management Management Travel Scenario Planning 52

LogisManager

DECEMBER 5, 2023

Risk assessment involves identifying, evaluating, and prioritizing potential risks, while management is the proactive handling of these risks. This strategic approach acts as a safeguard, reducing unexpected delays and ensuring the smooth progression of project processes.

Risk Management 52

Risk Management Audit Impact Analysis Evaluation 52

Plan B Consulting

JULY 9, 2021

I was chatting with one of my clients in Renfrewshire and we talked through his crisis management plan, which he had taken from the book ‘prTS 17091, Crisis Management – Guidance for Developing a Strategic Capability’ published in 2017. The example I used during the debate is the risks for a shipping company.

Crisis Management 52

Crisis Management Management Strategic Publishing 52

Plan B Consulting

JULY 9, 2021

I was chatting with one of my clients in Renfrewshire and we talked through his crisis management plan, which he had taken from the book ‘prTS 17091, Crisis Management – Guidance for Developing a Strategic Capability’ published in 2017. The example I used during the debate is the risks for a shipping company.

Crisis Management 52

Crisis Management Management Strategic Publishing 52

everbridge

APRIL 20, 2023

Organizations need to be prepared for acute hazards and invest in climate resilience efforts to minimize the potential impact of such events on their financial stability. Schedule demo The significance for organizations In practical terms, organizations must adopt a strategic approach to addressing climate risk and resilience.

Hazard 52

Hazard All-Hazards Risk Management Strategic 52

Fusion Risk Management

MARCH 7, 2024

The World Economic Forum ’s Global Risks Report 2024 cites that the top risks are cybercrime, the adverse outcomes of artificial intelligence (AI), and extreme weather events. By doing so, organizations will not only respond effectively to immediate challenges but also gain a strategic edge in the long term.

Resilience 52

Resilience Strategic Vulnerability Risk Management 52

Plan B Consulting

MAY 25, 2018

This week, I apply the PESTLE framework to business continuity, in response to finding other risk management frameworks too restricting. Over the last few weeks I have been thinking a lot about risk management frameworks for business continuity. A fuel tank had overturned and the fuel oil had spilled into the local creek.

Risk Management 52

Risk Management Management All-Hazards Hazard 52

Plan B Consulting

MAY 25, 2018

This week, I apply the PESTLE framework to business continuity, in response to finding other risk management frameworks too restricting. Over the last few weeks I have been thinking a lot about risk management frameworks for business continuity. A fuel tank had overturned and the fuel oil had spilled into the local creek.

Risk Management 52

Risk Management Management All-Hazards Hazard 52

everbridge

AUGUST 26, 2021

With extreme weather events like flash floods on the rise, companies are focusing more closely not just on the resiliency of their supply chains but on how agile their responses might be. Organizations that can react more quickly to unforeseen circumstances hold a strategic advantage over competitors. How Can Businesses Respond?

Mitigation 52

Mitigation Logistics Risk Reduction Retail 52

MHA Consulting

JANUARY 25, 2024

It focused on identifying the most critical business processes and developing plans to keep those processes going or quickly restore them in the event of an outage. Other components include risk management, crisis management, operational resilience, supply chain resilience, and financial resilience, among others.

BCM 95

BCM Business Continuity Resilience Outage 95

Fusion Risk Management

NOVEMBER 27, 2023

The latest crisis in the Middle East, the ongoing war in Ukraine, tensions over trade and technology – these are only some of the most acute geopolitical events to arise in recent times. The foundation of risk management Truly resilient programs are built on the foundations of your risk management and business continuity strategies.

Resilience 52

Resilience Risk Management Financial Services Business Continuity 52

everbridge

OCTOBER 20, 2023

Those strategies should prioritize a combination of actionable risk intelligence and data insights, effective crisis communication, and comprehensive travel risk management. Travel Risk Management: Prioritize Safety A robust travel risk management program becomes paramount when sending employees to high-risk regions.

Resilience 59

Resilience Travel Risk Management Communications 59

Fusion Risk Management

APRIL 27, 2023

At Fusion, we are determined to enhance our customers’ risk and resilience programs. One way in which we do so is through our portfolio of ENGAGE events , such as our weekly Community Exchange sessions, which have been curated specifically for our customer community, ENGAGE.

Risk Management 52

Risk Management Gap Analysis Resilience Mitigation 52

LogisManager

JANUARY 12, 2023

Operating within risk tolerances provides management greater assurance that the company remains within its risk appetite, which in turn, provides a higher degree of comfort that the company will achieve its strategic objectives. Here we see a risk appetite statement relating to a company’s goals for market share growth.

Acceptable Risk 52

Acceptable Risk Strategic Activation Mitigation 52

everbridge

MAY 2, 2023

Assess and monitor the risks The first step in addressing chronic hazards is to assess the risks that they pose to the organization. As with any risk management strategy, it is important for businesses to also monitor and review their approach to chronic hazards on an ongoing basis.

Hazard 52

Hazard All-Hazards Risk Management Resilience 52

Zerto

SEPTEMBER 30, 2022

It’s just a matter of time, but every business will experience events that will threaten its operations. Operational resilience protects your organization’s ability to produce and deliver its goods and services, in turn mitigating the impact on your customers and your reputation. Why Is Operational Resilience Important?

Resilience 91

Resilience Corporate Governance Impact Analysis Cyber Resilience 91

LogisManager

FEBRUARY 10, 2022

That’s why it’s more important than ever to ensure you’re taking the right steps to use it to your advantage, which all starts with strong risk management. In the banking industry, managing reputational risk is a complex and ongoing discipline. Just like any business, banks face a myriad of risks.

Banking 52

Banking Risk Management Strategic Evaluation 52

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). The advent of the digital age is partly to blame.

Risk Management 52

Risk Management Audit Insurance Insurance 52

LogisManager

DECEMBER 17, 2021

Instantly extract key contract terms using our Risk Analyzer AI technology to compare against your company’s contract clause library and determine whether a contract should be agreed to or needs additional clauses put in place to better mitigate risk. Enterprise Risk Management. Events & Incidents.

Corporate Governance 52

Corporate Governance Mitigation Risk Management Continuity Planning 52