Remove Account Manager Remove Mitigation Remove Outage Remove Security
article thumbnail

Reviewing the Five Types of Risk 

MHA Consulting

However, for long term security, businesses need to balance a concern for those areas with vigilance about the other types of risk: strategic, compliance, and reputational. The wise organization develops strategies and plans to mitigate and prepare for all five types of risk. The prudent planner will take this possibility into account.

article thumbnail

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

Fusion Risk Management

The ability to be compliant and mitigate the impact of disruption through a robust incident management strategy begins with understanding the most critical business functions that comprise your organization. Economic impact – What are the direct and indirect costs associated with the outage?

article thumbnail

Journey to Adopt Cloud-Native Architecture Series: #3 – Improved Resilience and Standardized Observability

AWS Disaster Recovery

We used AWS Backup to simplify backup and cross-Region copying of Amazon EC2, Amazon Elastic Block Store (Amazon EBS) , and Amazon RDS to mitigate business continuity risks. Production outages are scary for everyone, but with the right system monitoring solution, they can be made less stressful. Standardize observability. Conclusion.