LogisManager

MAY 9, 2023

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. Failing to implement an ERM program under these circumstances is negligence.

Banking 98

Banking Risk Management Management Corporate Governance 98

LogisManager

OCTOBER 12, 2021

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?

Risk Management 52

Risk Management Management Insurance Insurance 52

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. Additional important ERM components are risk philosophy or strategy, risk culture, and risk appetite. Two ERM Must-Haves.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

AUGUST 18, 2022

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Fusion Risk Management

OCTOBER 7, 2021

Risk management is typically discussed under two categories: Governance, Risk, and Compliance (GRC) or Integrated Risk Management (IRM). Strategic risk. What is strategic risk, and how do you manage it? Solutions Customer Summit Series.

Risk Management 98

Risk Management Management Strategic Fashion 98

LogisManager

JANUARY 4, 2022

Risk Management Approach for an Organization? There are many different terms for integrated risk management (IRM); GRC (governance, risk and compliance), as well as ERM (enterprise risk management) are two acronyms commonly used interchangeably with IRM. What is Integrated Risk Management?

Risk Management 52

Risk Management Management Activation Government 52

Solutions Review

APRIL 24, 2023

The editors at Solutions Review have compiled this list of the best risk management courses on Coursera to consider if you’re looking to grow your skills. Risk management is an essential skill in the data protection space. The class outlines the relationship between assets, vulnerabilities, threats, and risks.

Risk Management 52

Risk Management Management Disaster Recovery Cybersecurity 52

Solutions Review

SEPTEMBER 9, 2021

Solutions Review’s listing of the best risk management software is an annual mashup of products that best represent current market conditions, according to the crowd. To make your search a little easier, we’ve profiled the best risk management software providers all in one place. The Best Risk Management Software.

Risk Management 98

Risk Management Management Audit Hospitality 98

everbridge

MAY 13, 2022

billion people across the globe, putting communities and the businesses they support at risk. As severe weather continues to threaten more people and cause greater harm, building resilience against natural hazards and climate threats is paramount: the time for governments and enterprises to act is now. Severe Weather Trends.

Mitigation 64

Mitigation All-Hazards Alert Government 64

LogisManager

OCTOBER 19, 2023

In what is seen as a significant shift, the Proposed Standards will move away from the reliance on state law in favor of establishing governance and oversight obligations for banks. Among the areas expected to see change within compliance management of these banks will include obligations, board composition, duties, and committee structure.

Banking 98

Banking Corporate Governance Audit Risk Management 98

Reciprocity

MARCH 24, 2022

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Fusion Risk Management

FEBRUARY 16, 2023

A ccording to Deloitte’s global third party risk management survey 2022 , 73% of respondents reported having a high level of dependency on third parties – a nd that reliance is predicted to continuously increase which , in turn, means ongoing related challenges.

Risk Management 52

Risk Management Management Outsourcing Mitigation 52

LogisManager

DECEMBER 12, 2023

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

Strategic 59

Strategic Corporate Governance Risk Management Mitigation 59

LogisManager

DECEMBER 12, 2023

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

Strategic 52

Strategic Corporate Governance Risk Management Mitigation 52

On Solve

DECEMBER 21, 2021

As our OnSolve leadership team reflects on 2020 and 2021, we note a trend in our conversations with Business Continuity (BC), Enterprise Risk Management (ERM), Physical Security (PS), Travel Risk Management (TRM) and Supply Chain Risk Management (SCRM) leaders. Dynamic Environment vs Dynamic Risks.

Risk Management 52

Risk Management Management Travel Scenario Planning 52

LogisManager

MARCH 19, 2024

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.

Cybersecurity 52

Cybersecurity Risk Management Vulnerability Mitigation 52

LogisManager

MARCH 19, 2024

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.

Cybersecurity 59

Cybersecurity Risk Management Vulnerability Mitigation 59

Security Industry Association

JUNE 5, 2023

32 – which governs criminal acts involving aircraft, including the act of downing a drone – is a necessary step to the delegation of authorities in this operating environment. Cory Peterson is the risk manager for the city of Lakewood, Colorado. 3121-3127, 18 U.S.C. 2520 and 18 U.S.C. 3121-3127, 18 U.S.C. 2520 and 18 U.S.C.

Authorization 98

Authorization Mitigation All-Hazards Government 98

LogisManager

AUGUST 24, 2023

Stay On Top Of The Latest From The SEC 2023 Overview In keeping up with the evolving regulatory landscape from the SEC , we’re here to discuss the latest set of rules regarding Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure by Public Companies.

Cybersecurity 52

Cybersecurity Risk Management Government Response Plan 52

Risk Management Monitor

JULY 28, 2022

Some summer outing horror stories that resulted in complaints and charges include: • An East Coast video game development company’s festivities included ice-breaker activities of beer pong and “spin the vodka bottle,” with managers nudging uncomfortable staff to join in.

Mitigation 40

Mitigation Activation Risk Management Pandemic 40

Pure Storage

OCTOBER 4, 2023

In response to these changes, governments worldwide are implementing new rules and frameworks to ensure the security and reliability of telecommunications services. These requirements can be summarized into the following key areas: Risk management and mitigation: Telcos must identify and assess risks to their networks and services.

Telecommunications 52

Telecommunications Authorization Cybersecurity Government 52

Fusion Risk Management

OCTOBER 12, 2023

Crisis and Incident Response Geopolitical events often necessitate the activation of emergency response and crisis response plans. Activation of Business Continuity Plans Organizations should activate the business continuity plans that they have in place to minimize disruption to their operations.

Resilience 59

Resilience Authorization Communications Continuity Planning 59

everbridge

APRIL 20, 2023

Moreover, the expanding Environmental, Social, and Governance (ESG) regulations signal a shift in stakeholder expectations, requiring organizations to take a more proactive stance in addressing environmental concerns. Additionally, 41% of participants stated that they had zero budget designated to manage critical events.

Hazard 52

Hazard All-Hazards Risk Management Strategic 52

Zerto

SEPTEMBER 30, 2022

Operational resilience is a critical component of a modern governance, risk, and compliance (GRC) framework and is indispensable in modern business environments. This provides company leaders with an innate understanding of threats and risk factors to the organization while prescribing actionable plans to counteract their impacts.

Resilience 89

Resilience Corporate Governance Impact Analysis Cyber Resilience 89

Risk Management Monitor

MARCH 4, 2022

Cyberrisk has also drawn considerable concern and the threat landscape continues to evolve rapidly, though the details of increased cyberattack activity are not yet fully known and may be largely unfolding below the surface right now. Check it out here: [link].

Management 56

Management Malware Cybersecurity Insurance 56

Zerto

OCTOBER 20, 2022

When an organization understands the business context, resources that support critical functions, and related cybersecurity risks, it can focus and prioritize its risk management strategy and business needs. Response activities include planning, communications, analysis, mitigation, and improvements.

Cybersecurity 52

Cybersecurity Management Internet Malware 52

Reciprocity

APRIL 4, 2022

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. To combat those threats, businesses need to develop digital risk management. We can define that as the processes used to assess, monitor, and treat the risks that arise from the digital business processes that are so common today.

Mitigation 52

Mitigation Cybersecurity Malware Media 52

LogisManager

AUGUST 1, 2023

The National Credit Union Administration (NCUA) has recently released its priorities and areas of focus for the 2023 examinations, which include Interest Rate Risk, Credit Risk, and Information Security Risk. Its main purpose is to ensure that credit unions have effective security measures. Why is this important for you?

Risk Management 52

Risk Management Mitigation Banking Activation 52

LogisManager

DECEMBER 6, 2022

But like most business processes, user access reviews are not a once-and-done activity that can be completed by one person; there is an ongoing monitoring piece that involves ensuring your user access reviews have been completed. These risk events can quickly cause a negative impact financially and damage your reputation.

Mitigation 52

Mitigation Application Risk Management Audit 52

Fusion Risk Management

SEPTEMBER 12, 2022

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Or, as so well articulated by the great British writer C. Supply Chain Ecosystem.

Resilience 52

Resilience Insurance Insurance Audit 52

Fusion Risk Management

MARCH 7, 2024

Furthermore, there’s a transformative opportunity to integrate purpose-built AI solutions to alleviate repetitive, tedious activities and surface actionable, transformative insights so that teams can focus on high-impact, strategic decision-making. Managing third – party risk manually cannot be maintained effectively.”

Resilience 52

Resilience Strategic Vulnerability Risk Management 52

LogisManager

JANUARY 12, 2023

As a governance professional, it’s your job to make sure these decisions are directly in line with the company’s unique goals and objectives. Understanding Risk Appetite and Risk Tolerance An organization-wide risk appetite can be a powerful statement that gives your risk program direction. Why is that?

Acceptable Risk 52

Acceptable Risk Strategic Activation Mitigation 52

LogisManager

FEBRUARY 10, 2022

That’s why it’s more important than ever to ensure you’re taking the right steps to use it to your advantage, which all starts with strong risk management. In the banking industry, managing reputational risk is a complex and ongoing discipline. Just like any business, banks face a myriad of risks.

Banking 52

Banking Risk Management Strategic Evaluation 52

Security Industry Association

NOVEMBER 14, 2023

Highlights From SIA’s Gathering of Industry and Government to Address Critical Issues Related to Perimeter Defense for Physical Environments On Nov. The day began with a session on the vehicle ramming mitigation initiatives conducted through the Cybersecurity and Infrastructure Security Agency (CISA) – under the U.S.

Security 64

Security Government Technology Application 64

Solutions Review

SEPTEMBER 8, 2023

…to analysts like Gartner … “ Harden the components of enterprise backup and recovery infrastructure against attacks by routinely examining backup application, storage and network access and comparing this against expected or baseline activity.” …to Ongoing risk management Storage and backup security demands active, ongoing risk management.

Financial Services 105

Financial Services Security Backup Audit 105

everbridge

MARCH 6, 2024

Everbridge provides a competitive advantage to organizations with the only end-to-end resilience platform solution that enables organizations to anticipate, mitigate, respond to, and ultimately emerge stronger from critical events. Leaders today must contend with more intense and more frequent critical events than ever before.

Management 52

Management Evaluation Resilience Travel 52

LogisManager

SEPTEMBER 21, 2021

Related Post: The Colonial Pipeline Hack: A Failure in Risk Management. This new process significantly reduces the manual burden on employees so they can focus less on administrative data manipulation and more on value-add activities that help the organization achieve its strategic goals. Download our free guide to find out.

Healthcare 96

Healthcare Audit Pandemic Risk Management 96