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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

The result should be better, more strategic decision-making. ERM is the process of methodically identifying and dealing with any potential events that could threaten the achievement of strategic objectives or competitive advantage opportunities. Mitigating or reducing the risk by internal controls or other risk-prevention measures.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.

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How Security Leaders Can Better Protect Remote and Field Service Workers

everbridge

Everbridge CSO Tracy Reinhold offers advice and insights for how security leaders can mitigate threats, protect their people, and drive organizational success. In the past, there were key indicators that would be indicative of people engaged in insider threat activity: logging onto your computer at odd times, working odd hours, etc.

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Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

These programs include regular reviews, updates, and exercises which are critical for improvement and performance when plans are activated. Far from being a mere cost center, business continuity is a strategic investment. Strategic technology investments enhance resilience without breaking the budget.

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Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

supply chains in Asia, customer access to retail stores in the US, etc.) Strategically, plan for new types of risks. In a given week , the ultimate harm to the business or operation was not the active focus of the risk team or response team the week prior. Tactical-Operational-Strategic. Active Phase. Monitoring.

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Is Business Continuity Missing a Trick?

Plan B Consulting

Most of the people at the seminar were either law enforcement, cyber product retailers, academics or a few people from large organisations with cyber responsibilities. As guardians of the strategic/crisis plan, a cyber incident is just another possible scenario in the long list of incidents we should be prepared to deal with.

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Is Business Continuity Missing a Trick?

Plan B Consulting

Most of the people at the seminar were either law enforcement, cyber product retailers, academics or a few people from large organisations with cyber responsibilities. As guardians of the strategic/crisis plan, a cyber incident is just another possible scenario in the long list of incidents we should be prepared to deal with.