Remove 2017 Remove Mitigation Remove Risk Management Remove Security
article thumbnail

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. Dynamic Risks: A Working Definition.

article thumbnail

Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

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. Evaluate and if possible, test your business continuity plans. Check it out here: [link].

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

All Signals are Red: The Evolving Security Landscape

Fusion Risk Management

A new product or service is introduced that directly mitigates the attack, and everyone breathes a sign of relief. What many people don’t realize is that while it is good, security technology is not perfect. In just the first half of 2018, the amount of new malware was equal to all the malware that came out in 2017.

article thumbnail

TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. percentage points from January 2017 to January 2022.”

article thumbnail

An expert eye and an objective view: why get external support with your Business Continuity Planning

SRM

Whether it’s being happy to coast along and do the bare minimum to turn a profit, neglecting to provide genuine customer service or failing to take steps to mitigate the effects of an unforeseen threat, apathy is an organisation’s worst enemy. Complacency is one of the biggest threats to a business. You have not updated your plan in a while.

article thumbnail

IRM, ERM, and GRC: Is There a Difference?

Reciprocity

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.

article thumbnail

Statutory Cyber Incident Reporting in the USA

Plan B Consulting

This week’s bulletin covers the new Cyber Security laws in America, how these incidents should be reported, and the organisations which could face the worst impact of a cyber security incident. . In the course, we use the Equifax hack from 2017 as a case study. The sectors are: Chemical. Communications.

Banking 40