Business Resilience Decoded

FEBRUARY 3, 2022

Avoiding this important topic and all the critical conversations around it means accepting risk in our organizations, so in this episode, Raven Solomon is guiding us through generational diversity to support and recruit employees of all ages, as well as how racial equity is preparing businesses for the future.

Disaster Recovery 36

Disaster Recovery Resilience Acceptable Risk Crisis Management 36

MHA Consulting

AUGUST 3, 2023

(Sometimes the potential consequences of a given risk are too small to worry about.) Rather, we do it as a starting point for conducting a cost/benefit analysis of each risk and ultimately applying one of the four main risk mitigation strategies: risk acceptance, risk avoidance, risk limitation, or risk transfer.

Risk Management 67

Risk Management BCM Management Mitigation 67

MHA Consulting

FEBRUARY 9, 2023

. · Risk avoidance: Altering organizational behavior to eliminate a given risk. Risk limitation: Taking measures to reduce risk, short of completely eliminating it. Incorporates a combination of the strategies of risk avoidance and risk acceptance.

Mitigation 77

Mitigation Insurance Insurance Risk Management 77

MHA Consulting

FEBRUARY 23, 2023

Try a Dose of Risk Management As a business continuity professional, I tip my hat to any organization that makes a serious effort to reduce its risks. Unfortunately, many companies do not get their money’s worth when it comes to implementing risk mitigation controls.

Mitigation 74

Mitigation Backup Risk Management BCM 74

MHA Consulting

OCTOBER 19, 2022

I included MHA’s definitions of the strategies last time in my post on enterprise risk management. In case you missed it, here they are again: Risk acceptance is a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis.

Risk Management 52

Risk Management Mitigation Management BCM 52

Reciprocity

SEPTEMBER 23, 2022

The ISO 27001 statement of applicability focuses on preserving the confidentiality, integrity, and availability of information as part of the risk management process. These control sets offer management the option to avoid, transfer, or accept risks, rather than mitigate those risks through controls. What Is an ISMS?

Audit 52

Audit Security Acceptable Risk Accreditation 52

Reciprocity

AUGUST 24, 2022

Before outsourcing your business processes or striking some other deal with vendors, you do need to assess the risks they pose. The six risks listed below are a good place to start. Begin by determining your organization’s tolerance for cybersecurity risk. Cybersecurity.

Management 52

Management Risk Management Cybersecurity Security 52

Reciprocity

AUGUST 17, 2022

Since operational risks are constant, varied, and increasingly complex, ORM is an ongoing activity. It is guided by four fundamental principles: Accept no unnecessary risk. Accept risk when benefits outweigh costs. Make risk decisions at the appropriate level. Anticipate and manage risk with planning.

Strategic 52

Strategic Risk Management Mitigation Cybersecurity 52

Solutions Review

OCTOBER 13, 2021

Description: In this course, Implementing and Performing Risk Management with ISO/IEC 27005, you will find a practical framework to prioritize and orchestrate a comprehensive information security risk framework. First, you will learn about the internationally accepted risk management standard ISO/IEC 27005.

Risk Management 52

Risk Management Management Security Business Continuity 52