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

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

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

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 85

Impact Analysis Risk Management Management Continuity Planning 85

MHA Consulting

JANUARY 27, 2022

Many service providers tune out talk about supply chain risk management since they think the issue only affects manufacturers and retailers. In fact, service providers are also vulnerable to vendor … The post What Service Providers Need to Know About Supply Chain Risk Management appeared first on MHA Consulting.

Risk Management 75

Risk Management Retail Management Manufacturing 75

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

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

Solutions Review

SEPTEMBER 9, 2021

Solutions Review’s listing of the best risk management software is an annual mashup of products that best represent current market conditions, according to the crowd. To make your search a little easier, we’ve profiled the best risk management software providers all in one place. The Best Risk Management Software.

Risk Management 98

Risk Management Management Audit Hospitality 98

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

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

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

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

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

LogisManager

MARCH 19, 2024

These incidents highlight the vulnerabilities introduced by remote work, such as the use of unsecured networks and devices, which can leave gaps for cybercriminals to exploit. It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements.

Cybersecurity 59

Cybersecurity Risk Management Vulnerability Mitigation 59

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.

Management 85

Management Malware Risk Management Cybersecurity 85

LogisManager

MARCH 19, 2024

These incidents highlight the vulnerabilities introduced by remote work, such as the use of unsecured networks and devices, which can leave gaps for cybercriminals to exploit. It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements.

Cybersecurity 52

Cybersecurity Risk Management Vulnerability Mitigation 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 Risk Management Corporate Governance 105

everbridge

MAY 3, 2024

This regulatory framework lays the foundation for an efficient and agile risk management framework, compelling organizations to enhance their ICT risk management policies and procedures. The way forward Fostering a culture of resilience and risk management across the organization can be challenging.

Resilience 52

Resilience Risk Management Change Management Communications 52

MHA Consulting

APRIL 20, 2023

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?

Resilience 52

Resilience Risk Management Mitigation BCM 52

LogisManager

DECEMBER 12, 2023

Chief Risk Officers, Risk Committees, and Board Members need to be able to visualize the results of metric collection activities over time. This enables proactive risk management by identifying patterns, outliers, and potential areas of concern, allowing for strategic decision-making and resource allocation.

Strategic 59

Strategic Corporate Governance Risk Management Mitigation 59

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 75

Mitigation BCM Acceptable Risk Risk Management 75

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

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 87

Insurance Insurance Outsourcing Mitigation 87

LogisManager

DECEMBER 12, 2023

Chief Risk Officers, Risk Committees, and Board Members need to be able to visualize the results of metric collection activities over time. This enables proactive risk management by identifying patterns, outliers, and potential areas of concern, allowing for strategic decision-making and resource allocation.

Strategic 52

Strategic Corporate Governance Risk Management Mitigation 52

Fusion Risk Management

MARCH 7, 2024

The compounding disruptions that we’ve faced over the years have revealed vulnerabilities, and organizations have been continuously tested by new risks and crises. 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.

Resilience 52

Resilience Strategic Vulnerability Risk Management 52

Fusion Risk Management

MAY 24, 2023

Is Risk Intelligence Necessary? Following the compounding crises that have taken place over the last few years, I think we can all agree that a strong third-party risk management (TPRM) program foundation is critical for effective identification of inherent and imposed risks.

Mitigation 52

Mitigation Risk Management Vulnerability Account Manager 52

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

LogisManager

JULY 11, 2023

Protect Your Reputation LogicManager’s Privacy Risk Management solution empowers organizations to effectively manage privacy risks and ensure compliance with regulations such as GDPR, CCPA, and more. Stay updated on changes in the regulatory landscape to adapt your practices accordingly.

Audit 96

Audit Risk Management Mitigation Management 96

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

JULY 21, 2023

AI Risk Assessment and NIST AI 100-1 As AI technology continues to advance, organizations must recognize and address the unique risks associated with it. The National Institute of Standards and Technology (NIST) developed the NIST AI RMF (Risk Management Framework) to assist organizations in managing these risks.

Cybersecurity 93

Cybersecurity Corporate Governance Risk Management Government 93

Reciprocity

APRIL 4, 2022

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. To combat those threats, businesses need to develop digital risk management. We can define that as the processes used to assess, monitor, and treat the risks that arise from the digital business processes that are so common today.

Mitigation 52

Mitigation Cybersecurity Malware Media 52

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

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

Security Industry Association

JUNE 5, 2023

Cory Peterson is the risk manager for the city of Lakewood, Colorado. 32, focusing on the act of mitigating the risk associated with a drone, and highlighting the crucial role the Security Industry Association’s (SIA’s) Counter-UAS Working Group plays in advancing C-UAS-specific regulations within all affected U.S.

Authorization 98

Authorization Mitigation All-Hazards Government 98

Pure Storage

OCTOBER 4, 2023

These requirements can be summarized into the following key areas: Risk management and mitigation: Telcos must identify and assess risks to their networks and services. Once they identify risks, telcos are expected to implement measures to mitigate these risks effectively.

Telecommunications 52

Telecommunications Authorization Cybersecurity Government 52

Fusion Risk Management

OCTOBER 12, 2023

It is essential to understand the geopolitical landscape and the specific risks associated with each region where the organization operates. Collaboration with these entities ensures a coordinated and effective response, enhancing the organization’s ability to mitigate risks as well as protect its employees and operations.

Resilience 59

Resilience Authorization Communications Continuity Planning 59