Zerto

AUGUST 24, 2023

The third crucial step in risk assessment is risk control, which involves crafting effective strategies to mitigate the identified risks. There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer.

Risk Management 91

Risk Management Management Acceptable Risk Mitigation 91

MHA Consulting

AUGUST 3, 2023

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. Second, we do not assess the risks to an organization with the expectation that every risk identified can or should be eliminated. Risk management is not one-size-fits all.

Risk Management 75

Risk Management Management Strategic Mitigation 75

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. I wish it were true. This is all to the good.

Mitigation 83

Mitigation Authorization Risk Management Vulnerability 83

MHA Consulting

FEBRUARY 9, 2023

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. Risk avoidance: Altering organizational behavior to eliminate a given risk. Related on MHA Consulting: Global Turmoil Making You Ill?

Insurance 87

Insurance Insurance Outsourcing Mitigation 87