Risk Management Monitor

OCTOBER 25, 2022

At the same time, as consumer prices increase due to inflation, companies (especially those in the retail and hospitality industries) may face a market with significantly less discretionary spending, leading to lower volume sales or lower sales overall. Key Action Steps for Risk Managers. and, likely, global recession.

Insurance 40

Insurance Insurance Risk Management Management 40

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

Security Industry Association

JUNE 4, 2021

As a security practitioner, you may face a range of challenges, from how to prepare for activism in your area to mitigating active shooter threats and collaborating with stakeholders in a safe and smart city ecosystem. Activism in the Modern Era: Trends, Tactics & Troubles. Active Shooter/Stop the Bleed Workshop.

Security 52

Security Hospitality Activation Education 52

LogisManager

SEPTEMBER 21, 2021

Innovation is no longer a competitive differentiator; hospitals, clinics and pharmacies now rely on the flexibility and capacity of their technology to continue providing services. Related Post: The Colonial Pipeline Hack: A Failure in Risk Management. Negligence has become nearly as great a risk as the IT threats themselves.

Healthcare 96

Healthcare Audit Pandemic Risk Management 96

Fusion Risk Management

APRIL 28, 2022

Therefore, hurricane preparedness should include steps to prepare people and assets proactively before the hurricane arrives to mitigate business impact. Request a demo with Fusion today or reach out to your Fusion Account Manager to ensure you have all proper programs in place. appeared first on Fusion Risk Management.

Disaster Recovery 52

Disaster Recovery Communications Logistics Backup 52

Reciprocity

DECEMBER 19, 2022

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. Without a compliance program, a company is at far greater risk of legal violations that might bring monetary penalties and other painful punishments from law enforcement.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

NOVEMBER 5, 2021

The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

Reciprocity

AUGUST 17, 2022

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Enterprise Risk Management (ERM).

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

SEPTEMBER 30, 2022

Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security. This is why third-party risk management and healthcare data security are critical. What is Healthcare Vendor Risk Management? Notes on Vendor Access et.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Reciprocity

AUGUST 15, 2022

The OCC also cautioned against interest rate risks, operational risks (again, heightened because of COVID-19), increased cybersecurity risks, compliance risks related to the Bank Secrecy Act (BSA), consumer compliance issues, and fair lending as areas of concern. Senior Management. Effective risk management.

Management 52

Management Audit Banking Risk Management 52

Reciprocity

MARCH 24, 2022

These findings (and many more) show that fraud is a widespread risk that can affect any organization, its business continuity, and its reputation. So what can your organization do to minimize the possibility of fraud and mitigate its potential harm? Internal auditors can also search for fraud and mitigate potential damages.

Audit 52

Audit Banking Activation Authorization 52

Erwood Group

JULY 7, 2022

You will need to speak to your colleagues, managers, and executives within the business to obtain both support and funding for the business continuity program. You’ll want to address and raise risk awareness around the risks that the business faces as well as their impact on your business and operations. It also reduces costs.

Business Continuity 52

Business Continuity Impact Analysis Continuity Planning Communications 52