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Business Continuity and Risk Management

BCP Builder

What is the relationship between Business Continuity and Risk Management? The relationship between Business Continuity and Risk Management depends on the organization. In most cases, Business Continuity is a sub-domain of Risk Management.

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Risk Management Process – Part 3c: Risk Control

Zerto

There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer. Risk control’s critical importance lies in its ability to minimize the impact of potential risks and avert costly and disruptive events.

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At Risk of Distraction: The Seductive Appeal of RMIS Software

MHA Consulting

An emerging hot topic in business continuity and risk management is the software known as a risk management information system (RMIS). For those for whom this is a new acronym, RMIS stands for risk management information system. Key features of an RMIS typically include: Risk Identification.

BCM 81
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Important KPIs for Successful Vendor Management

Reciprocity

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? The six risks listed below are a good place to start.

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The Ultimate Guide to Residual Risk  

MHA Consulting

Reducing risk is at the heart of everything we do as business continuity professionals. This week’s blog post will spell out the key concepts relating to this all-important goal; call it “The Ultimate Guide to Residual Risk.” Inherent risk is the danger intrinsic to any business activity or operation.

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The Best Risk Management Courses on Pluralsight to Consider Taking

Solutions Review

The editors at Solutions Review have compiled this list of the best risk management courses on Pluralsight to consider taking. . Risk management is an essential skill in the data protection space. This list of the best risk management courses on Pluralsight below includes links to the modules and our take on each.

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A brief guide to cyber security risk assessments

IT Governance BC

Very few organisations have the means to address every risk, so this system helps them dedicate appropriate time and money to the biggest priorities. In the example above, organisations would almost certainly address any risk that scored 12 or more but accept risks that scored 3 or less.