Remove Activation Remove Audit Remove Mitigation Remove Pandemic
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Crisis Management Explained: A Comprehensive Guide

Bernstein Crisis Management

Pre-Crisis The pre-crisis stage involves identifying potential crises, assessing their likelihood and potential impact, and developing strategies to prevent, mitigate, or prepare for them. Externally Caused Crises These crises are triggered by external forces beyond the organization’s control.

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Customer Value Story: Prevention is Better Than Cure

LogisManager

The pandemic has disrupted operating models of businesses across the globe. On top of these unknowns, there were also the uncertainties of the pandemic to account for. In the short term, this left room for human error, missed deadlines and failed audits. Creates a time-stamped audit trail of when all access rights were reviewed.

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How to Navigate the Cybersecurity Minefield of Remote Work

LogisManager

According to an INTERPOL report , between January and April 2020, there was a significant increase in malicious cyber activities attributed to the pandemic shift to WFH. It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements.

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How to Navigate the Cybersecurity Minefield of Remote Work

LogisManager

According to an INTERPOL report , between January and April 2020, there was a significant increase in malicious cyber activities attributed to the pandemic shift to WFH. It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements.

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Severe Weather Preparedness: Managing Severe Weather Events During Other Crises

everbridge

And overlaying each severe weather event was the pandemic, which forced start-and-stop closures and compulsory work-from-home orders. The pandemic has been characterized by twists and turns, and crisis managers can still expect it to be a factor as the hurricane and wildfire seasons, as well as potentially early winter storms, kick-off.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

For example, SVB had a Moody’s A1 issuer rating and KPMG signed off on SVB’s bank’s audit just 14 days before it declared bankruptcy. Their opinions, such as “Audit Opinions” and “Credit Ratings,” are based on the information provided to them, and they cannot be held liable for errors and omissions.

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What Is Risk Management?

LogisManager

Once you have assessed these risks you will want to create a plan for risk mitigation and risk monitoring so that you are in control of potential threats. However, risk management is an umbrella term that accounts for a number of more granular activities. Risk Management Step #3: Mitigate. Risk Management Definition.