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What Is Risk Management?

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What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

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Adversarial Risk Management

FS-ISAC

You can hire a professional audit firm to benchmark the bucket against peer buckets. As Board Directors and corporate executives around the world grapple with increasing cyber risk, we’ve historically focused on "bottom-up" cyber strategies based on compliance frameworks. Or you could fill it with water. What is Your Adversary's Goal?

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Managing Sanctions Risk from Russia’s War on Ukraine

Risk Management Monitor

In a briefing yesterday, global risk consultancy Control Risks discussed some of the risk management considerations and steps companies need to take as the sanctions landscape continues to evolve. What risks are you exposed to? What do you do as sanctions regimes evolve?

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Important KPIs for Successful Vendor Management

Reciprocity

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? What Are the Most Common Vendor Risks? Business Continuity.

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Internal Controls & Fraud Prevention

Reciprocity

Internal fraudsters might engage in fraudulent activity for years by taking advantage of their “trusted insider” status. Without a robust control environment, fraudsters can exploit a weakness or take advantage of their position or influence to commit a fraudulent activity. Fraud is often difficult to detect.

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