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

LogisManager

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. ” You can outsource the activity to the vendor but not the risk.

Banking 98
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Low-cost IT without cutting corners: A guide for nonprofit organizations

Online Computers

Better brand reputation – A professional website and active social media presence project a modern and trustworthy image, attracting more donors and support. Managed services providers (MSPs) – Outsource IT management to qualified MSPs for proactive maintenance and resource savings.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Your customer may ask you to meet a specific SLA in the event of a data breach so that they can activate their incident management processes . Your customer may be subject to third-party outsourcing requirements by their own regulators , like the European Banking Authority’s Outsourcing Requirements , and they may ask to sign an addendum

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It’s OK, it’s in the Cloud: Lessons from the OVH Cloud Data Centre Fire

Plan B Consulting

The cloud is a great solution for many organisations but in outsourcing your IT hosting, you can “outsource the activity but not the risk” and so you need to ensure that you understand the risks associated with using a cloud provider. The fire took six hours to put out which shows how substantial it was!

Backup 52
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It’s OK, it’s in the Cloud: Lessons from the OVH Cloud Data Centre Fire

Plan B Consulting

The cloud is a great solution for many organisations but in outsourcing your IT hosting, you can “outsource the activity but not the risk” and so you need to ensure that you understand the risks associated with using a cloud provider. The fire took six hours to put out which shows how substantial it was!

Backup 52
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08/05/2015 Implementing Business Continuity within Manufacturing

Plan B Consulting

A similar thought struck me when dealing with datacentre clients: how would I do a threat analysis on a massive data centre over 3-4 hours when the banks will employ specialist electrical and chillier engineers to carry out an in-depth risk assessment taking several weeks? Here are a few ways I believe we can provide benefit and add value: 1.

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08/05/2015 Implementing Business Continuity within Manufacturing

Plan B Consulting

A similar thought struck me when dealing with datacentre clients: how would I do a threat analysis on a massive data centre over 3-4 hours when the banks will employ specialist electrical and chillier engineers to carry out an in-depth risk assessment taking several weeks? Here are a few ways I believe we can provide benefit and add value: 1.