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Preparing Chemical Facilities for Hurricane Season

National Fire Protection Association

Chemical Safety Board issued a call to chemical facilities to prepare for a harsh hurricane season based on an “above average” outlook on hurricane activity from the National Oceanic and Atmospheric Administration (NOAA). Recently, the U.S. NOAA’s predictions also estimate a range of 12 to 17 total named storms this season.

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Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

A wide range of risks are trickling down from Russia’s assault on Ukraine , from sanctions compliance to supply chain disruption to business interruption. Concerns about escalating cyber activity around the crisis are a vivid reminder of the importance of knowing your threat model and adjusting your risk management priorities accordingly.

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COVID-19 – A massive failure of risk management?

Plan B Consulting

In the National Risk Register of Civil Emergencies, 2017 edition (see figure 1), a pandemic is the highest risk, with a likelihood of 4 out of 5 of occurring within the next 5 years, and a severity impact of 5. Most organisations who have incident management in place, have a criterion for activating their plan.

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Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

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. Activation of the Crisis Management Team (CMT). Active Phase.

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COVID-19 – A massive failure of risk management?

Plan B Consulting

In the National Risk Register of Civil Emergencies, 2017 edition (see figure 1), a pandemic is the highest risk, with a likelihood of 4 out of 5 of occurring within the next 5 years, and a severity impact of 5. Most organisations who have incident management in place, have a criterion for activating their plan.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

percentage points from January 2017 to January 2022.” Many of our own customers have said that having a “tone at the top” from leadership is critical to get their business team’s buy-in, as no one really wants to take a time out to work on their continuity plans or risk mitigation strategy.

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Is Crisis Management Only For “Unprecedented and Extraordinary Events”?

Plan B Consulting

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. This book states that crisis management should only be used for unprecedented or extraordinary events.