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Reviewing the Five Types of RiskĀ 

MHA Consulting

During COVID, business tended to focus on only two of the five risk types; however, organizations that want to prosper over the long term need to be cognizant of and plan for all five kinds of risk. In many cases, operations- and finance-related risks pose the most immediate threat.

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Mastering the art of agility by leveraging readiness and response capabilities

Fusion Risk Management

A great place to start is to ensure that recovery planning is a strategic priority. A few essential components of recovery planning include having a thorough understanding of impacts, prioritizing response efforts, allocating resources, and facilitating communication and this begins with the ability to enable asset tracking.

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The Importance of Customer Care at Fusion

Fusion Risk Management

Account Management. One of our essential customer-facing teams at Fusion is our Account Management team. From the customerā€™s very first interaction with their Account Manager, our team has resources available to assist the client throughout every aspect of their journey with Fusion ā€“ no matter what the need or topic.

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Operational Resilience in 2023: What Can We Expect?

Fusion Risk Management

We also expect to see resilience leaders holding a more prominent seat at the table for decisions related to proposed strategic projects like digital transformation, geographic expansion/consolidation, and third-party initiatives (vendor selection or rationalization). appeared first on Fusion Risk Management.

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Identifying Important Business Functions: Your Building Blocks for DORA Compliance and Incident Management

Fusion Risk Management

Make sure to identify all people, processes, information, and ICT (information and communication technology) assets associated with your critical business functions. Respond You will also need to have a strategic incident management process in place. Reach out to your Fusion Account Manager or request a demo to learn more today!

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DORA: Moving Beyond the Basics of Compliance and Implementing a Cross-Functional Approach to Resilience

Fusion Risk Management

How to Strategically Approach DORA Implementation If youā€™re just starting out with preparation for the regulation, youā€™re not alone: 73% of our webinar participants reported that they were still in the early phases of gathering information and planning for DORA.

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Everything You Need to Know About Business Continuity Plans

Erwood Group

While business continuity has been in practice since the 1970s and could be argued that it has been around since the 1950s through strategic planning it is something that is not common knowledge. Risk Assessment Key Findings. Crisis Management Levels. Crisis Communications. Crisis Communications. Notification.