LogisManager

DECEMBER 19, 2023

Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. Understanding and managing strategic risks align with the broader goal of effective governance, particularly at the board level.

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Zerto

AUGUST 24, 2023

The third crucial step in risk assessment is risk control, which involves crafting effective strategies to mitigate the identified risks. There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer.

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Risk Management Management Acceptable Risk Mitigation 84

Bernstein Crisis Management

JULY 5, 2023

Aligning Crisis Management Strategies with Objectives Introduction to Crisis Management Strategies Crisis management strategies are a crucial part of any business plan. The efficacy of a crisis management strategy is largely determined by its alignment with the broader business objectives.

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LogisManager

OCTOBER 31, 2023

What is the Three Lines of Defense Approach to Risk Management? While this news is relevant to banks, any organization that values proactive risk identification, effective risk management, and regulatory compliance would benefit from implementing the Three Lines Model to safeguard their operations and reputation.

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Security Industry Association

MARCH 27, 2023

However, if a company’s security cameras are not properly managed or are not recording optimally, this diminishes the chances that they will be beneficial. New tools and programs such as cybersecurity, data management and AI software are all ways to boost productivity and save time that businesses can use on product development.

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Mitigation Technology All-Hazards Hazard 72

everbridge

MAY 13, 2022

It was the largest fire in the nation [at the time],” said Technical Account Manager Sarah Batmale at Everbridge. By assessing severe weather risk, organizations and governments can better mitigate the impact a severe weather event has, creating a more robust approach to layered severe weather emergencies.

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Zerto

APRIL 6, 2023

Risk management describes how a business identifies, analyzes, and responds to threats and risk factors that impact its profitability, viability, and strategic goals. Risk management attempts to control future threats by planning preemptively and deploying effective risk-control measures.

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NexusTek

JANUARY 17, 2024

READ TIME: 4 MIN January 17, 2024 Cyber Risk & Your Supply Chain: Managing the Growing Threat You’ve likely heard that employees are the top source of cyber risk for businesses. But with careful attention to component risk factors, a thorough and effective supply chain security risk management strategy is doable. It could be.

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Management Malware Risk Management Cybersecurity 85

Pure Storage

AUGUST 30, 2021

FlashArray is the industry’s first all-QLC flash array, delivering NVMe performance, efficient global data reduction, and mitigation against ransomware. Together, they deliver a powerful, scalable backup platform that’s easy to deploy and manage. The solution is simple to deploy and manage for lower TCO.

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Bernstein Crisis Management

JANUARY 2, 2024

As a new year dawns, consider making 2024 the time your brand solidifies its crisis management strategy. Investing in crisis preparedness and planning, including engaging activities like tabletop crisis simulations and consistent media training , is not just an exercise; it’s an essential investment in your brand’s future.

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National Fire Protection Association

AUGUST 3, 2022

As we head into one of the hottest months of the year, daily news reports continue to broadcast stories of record high temperatures and severe drought conditions, both contributing factors to the increased wildfire activity spreading across the U.S. and Europe. Here in the U.S.,

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LogisManager

APRIL 14, 2024

Four Impactful Risk Reporting Presentations to Maximize Board Engagement Last Updated: April 14, 2024 The Dual Goals of Risk Management Reporting Risk management is a complex and crucial aspect of organizational governance. This enables proactive risk management, ensuring risks are addressed before they exceed tolerance levels.

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Security Industry Association

OCTOBER 6, 2021

Managing cybersecurity risks and vulnerabilities is a critical activity for any robust security program. Risk management and vulnerability management are performed in tandem to help keep your network safer and more secure. What Is Security Risk Management? Managing Vulnerabilities in Your Environment.

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CCEM Strategies

OCTOBER 3, 2023

s current emergency management legislation (the Emergency Program Act ), the B.C. s Emergency Management Legislation Has Arrived Marking a historic moment of modernization for emergency and disaster management governance in B.C. NDP has tabled the new Bill 31 – 2023: Emergency and Disaster Management Act.

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LogisManager

OCTOBER 31, 2023

What is the Three Lines of Defense Approach to Risk Management? While this news is relevant to banks, any organization that values proactive risk identification, effective risk management, and regulatory compliance would benefit from implementing the Three Lines Model to safeguard their operations and reputation.

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Alert Media

JULY 13, 2021

The post The Main Types of Workplace Violence and 6 Steps to Mitigate Risks appeared first on AlertMedia.

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LogisManager

JANUARY 5, 2023

Customer Value Story: Integrating Risk Management and Incident Management. As a large, nonprofit healthcare provider, Winona Health manages more than 3,000 incidents annually and has more than 1,000 employees that need to report or manage these incidents. Winona Health: Case Study Company Profile. Company Size.

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MHA Consulting

FEBRUARY 9, 2023

Risk transference is one of the four main strategies organizations can use to mitigate risk. Try a Dose of Risk Management Wise organizations determine how much risk they will accept then make conscious efforts to bring their risk down below that threshold. Related on MHA Consulting: Global Turmoil Making You Ill?

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MHA Consulting

MARCH 2, 2023

Related on MHA Consulting: Know Your Gaps: Manage Residual Risk to Keep Your Company Safe Inherent Risk vs. Residual Risk There are two main kinds of risk when it comes to organizational activities and business continuity: inherent risk and residual risk. Inherent risk is the danger intrinsic to any business activity or operation.

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Mitigation BCM Acceptable Risk Risk Management 75

everbridge

APRIL 8, 2024

Under SB 553, California employers must conduct risk assessments to identify potential hazards and implement measures to mitigate them. Our mass notification system allows for quick dissemination of alerts to employees, security, and management, ensuring rapid response to potential or actual violent situations.

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Emergency Response Emergency Response All-Hazards Mitigation 98

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.

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Risk Management Management Mitigation Strategic 52

Zerto

JULY 14, 2022

According to the Center for Internet Security over the past six months (DEC 2021–MAY 2022), these ten malware variants consistently made up over 60% of all reported malware activity: Shlayer. Weak patch management —Many cyberattacks attempt to exploit outdated software first. Agent Tesla. Arechclient2. The Most Common Cyberthreats.

Technology 59

Technology Malware Management Cybersecurity 59

everbridge

MARCH 6, 2024

Everbridge is recognized as a leader We’re proud to announce that Everbridge has been recognized as a leader in The Forrester Wave™: Critical Event Management Platforms, Q4 2023 report. In this blog post, we’ll dive into the significance of the Forrester Wave™: Critical Event Management Platforms, Q4 2023 and why it matters.

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Castellan

DECEMBER 13, 2021

Is the key to business continuity success understanding risk and how to manage it across your organization? Lucht brings unique insight into the congruences between risk management and business continuity to shore up operational resilience, especially related to disaster recovery and response. Get The Pandemic Reopening Toolkit.

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Zerto

OCTOBER 20, 2022

As we continue with our third and final blog in this series on managing cyberthreats, we’ll explore frameworks from the National Institute of Standards & Technology and Center for Internet Security, which together provide time-tested knowledge and best practices used to combat ransomware. Account management. Audit log management.

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Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. The reactions to risk include: Acceptance or toleration of a risk; Prevention or termination of a risk; Passing or sharing the risk via insurance, joint venture, or another arrangement; Mitigating or reducing the risk by internal control procedures or other risk-prevention measures.

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LogisManager

NOVEMBER 9, 2021

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

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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.

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LogisManager

OCTOBER 12, 2021

What Is Risk Management? 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?”. Risk Management allows you to imagine tomorrow’s surprises today. However, implicit risk management is not enough to successfully operate a business.

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everbridge

AUGUST 29, 2023

In this blog, we will explore five compelling reasons why organizations should embrace the powerful combination of these emergency management solutions. This not only expedites management but allows businesses to keep other employees safe should the emergency affect them as well.  

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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].

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Management Malware Cybersecurity Insurance 56

MHA Consulting

FEBRUARY 16, 2023

This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. Most companies have a pretty good handle on the tactical side of crisis management. However, relatively few are mindful of the strategic side of crisis management. Training and awareness.

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Fusion Risk Management

OCTOBER 7, 2021

Risk management is typically discussed under two categories: Governance, Risk, and Compliance (GRC) or Integrated Risk Management (IRM). It considers similar programs and practices but stresses the importance of improving risk-based decision-making and performance through an integrated view of how an organization manages risk.

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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? What Is an Integrated.

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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.

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LogisManager

OCTOBER 19, 2023

Among the areas expected to see change within compliance management of these banks will include obligations, board composition, duties, and committee structure. Additionally, there will be an over-arching requirement for these banks to adopt the 3 Lines of Defense Risk Management Strategy.

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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. I predict by next year they too will conclude that it was a failure in risk management.

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