Remove Activation Remove Fashion Remove Risk Management Remove Strategic
article thumbnail

Know Your Risk: Managing an Expanding Universe of Uncertainty

Fusion Risk Management

Risk management is typically discussed under two categories: Governance, Risk, and Compliance (GRC) or Integrated Risk Management (IRM). Now that we have established a baseline around industry concepts, some risk perspectives have become center stage in the past few years. Strategic risk.

article thumbnail

Third-Party Risk Management 101

Fusion Risk Management

In today’s world, where we have seen massive supply chain disruptions, data breaches, enforcement actions, and a stunning series of customer failures, the world of third-party risk management (TPRM) has never been under more scrutiny. Let’s examine what third-party risk management means. Risk Assessment.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is Risk Management?

LogisManager

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?

article thumbnail

Risk Management: Is Your Strategy Keeping Pace?

On Solve

Staying ahead of it all requires thorough risk management. Yet when it comes to both existing and burgeoning risk, the majority of organizations are not adequately informed, let alone prepared. On top of that, respondents indicated they expect a 122 percent increase in optimized risk management strategies in the next 18 months.

article thumbnail

What to Expect in Business Continuity Employment for the Last Half of 2021

Castellan

In 20 years, we’ve never seen that amount of activity! During a recent Castellan webinar , about 52% of respondents said their organization had suspended recurring business continuity activities during the pandemic. After a slight downturn in March 2020, U.S.

article thumbnail

Automating Risk Functions for Greater Value Creation

Risk Management Monitor

Despite recent volatility, more than 60% of risk executives surveyed in a recent PwC US Pulse Survey were optimistic about the global economy, as well as the state of the pandemic recovery. This optimism could stem from a greater alignment between risk functions and the business. Increase speed to respond.

article thumbnail

ISO 27001 Requirements Checklist: Steps and Tips for Implementation

Reciprocity

An ISMS is a standards-based approach to managing sensitive information to assure that the information stays secure. The core of an ISMS is rooted in the people, processes, and technology through a governed risk management program. Information Security Incident Management, Annex A.16 Implement a risk treatment plan.