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BCM and ERM: What’s the Difference?

Castellan

At a high level, it may seem natural to use the terms business continuity management and enterprise risk management interchangeably. While there are some congruences between them, there are some unique distinctions that separate the two, and in many regards, they’re actually completely different business functions.

BCM 98
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Geopolitics, regulations, and resilience

Fusion Risk Management

They also emphasize the need for organizations to strengthen their business continuity (BC) and operational resilience programs as well as prioritize agility to mitigate emerging threats and ensure compliance with global regulatory mandates. Another U.S.

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

Fusion Risk Management

It is important to recognize, however, that DORA is not simply a “check-the-box” compliance activity. And while it may seem like certain aspects of the regulation belong to different parts of your organization, a cross-functional approach will best serve your business and your comprehensive operational resilience strategy in the long run.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Technology and data service providers (TSPs) have become critical contributors in the successful operations of every organization. Think about it: if your technology or data warehouse were to fail, could you continue running your most critical business services? Or, as so well articulated by the great British writer C.

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Product’s Perspective: Better Together – The Importance of Using Integrated Software for Vendor Management

LogisManager

2021 Gartner® Magic Quadrant for IT Vendor Risk Management Tools. From the perspective of our Product team, the challenges of risk and compliance professionals are at the forefront. While everyone is successfully doing their individual jobs, the overall job of true vendor management is still not being done.

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Sensing the Tremors of Disruption

Fusion Risk Management

Pandemics were on national risk registers and scenario exercised with national agencies in the UK and US just a couple of years prior; Russia annexed Crimea in 2014, setting itself up to be able to effectively target a resource rich Ukraine; and in borrowing so much during lockdown, we couldn’t avoid a state of rising inflation this year.

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Product’s Perspective: Better Together – The Importance of Using Integrated Software for Vendor Management

LogisManager

From the perspective of our Product team, the challenges of risk and compliance professionals are at the forefront. This collaborative group of developers, designers, lawyers and former risk managers uses those insights, along with rigorous R&D, to inform the way LogicManager works. Using Contracts to Mitigate Vendor Risk.