Reciprocity

AUGUST 17, 2022

Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. On the other hand, confusion about risks – and especially about strategic and operational risks – undermines an organization’s ability to manage risk well.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Bernstein Crisis Management

DECEMBER 27, 2023

An informed and practiced response will typically ensure damage is prevented or mitigated as much as possible while safeguarding your good name. Finance Experts: To manage and mitigate financial risks and implications. Security Professionals: For dealing with physical threats to the organization or its personnel.

Crisis Management 205

Crisis Management Management BCM Mitigation 205

MHA Consulting

AUGUST 3, 2023

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains. Exactly what those domains are will be detailed in a moment.

Risk Management 72

Risk Management Management Strategic Mitigation 72

LogisManager

FEBRUARY 1, 2024

Prioritize Risk with Precision If you look at a series of failed test activities in silos you will never know where to start and why. A failed control that was close to its desired outcome and expected performance should not be prioritized over a failed activity that had a much larger deviation from its required goal.

Risk Management 105

Risk Management Management Strategic Activation 105

MHA Consulting

APRIL 27, 2023

However, for long term security, businesses need to balance a concern for those areas with vigilance about the other types of risk: strategic, compliance, and reputational. The wise organization develops strategies and plans to mitigate and prepare for all five types of risk. Let’s take a closer look at each type: Operational.

Mitigation 82

Mitigation Risk Management Pandemic Strategic 82

LogisManager

JANUARY 12, 2023

This guide will explore the difference between risk appetites and risk tolerances, as well as 5 major steps you can take to ensure these statements are actively propelling your business toward a better tomorrow. Align Tolerances with Strategic Goals Your organization’s goals can be categorized in many ways. Operational.

Acceptable Risk 52

Acceptable Risk Strategic Activation Mitigation 52

MHA Consulting

AUGUST 24, 2023

It’s a permanent ongoing activity. More simply, the job of the risk manager is to identify, prioritize, and mitigate the risks faced by the organization. Knowledge of how to mitigate risks. Defining the Risk Framework The risk framework refers to the activities that make up the role of risk manager.

Risk Management 87

Risk Management BCM Management All-Hazards 87

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. We will end the series with an overview of the risk prioritization and mitigation stages of the process.

Risk Management 94

Risk Management Management Disaster Recovery Impact Analysis 94

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. In our last post, we examined the risk analysis step of risk assessment.

Risk Management 88

Risk Management Management Acceptable Risk Mitigation 88

CCEM Strategies

OCTOBER 3, 2023

Get familiar with the new Act and stay up to date: Changes to this legislation will bring significant ripple effects for emergency and disaster management planning, which is likely to impact business activities. Although the new legislation will be phased in over time, staying up to date will help you develop a strategic approach forward.

Disaster Management 69

Disaster Management Risk Reduction Management Government 69

LogisManager

JANUARY 22, 2024

Successful leaders in the IT Governance space will proactively identify and mitigate threats before they can be exploited. Rather than waiting for something to go awry, your organization from the top down is actively assessing gaps in process, policy, or procedures and addressing items most likely to manifest in a critical way.

Government 105

Government Cybersecurity Risk Management Corporate Governance 105

Security Industry Association

MARCH 19, 2024

Nearly 60% of active shooter incidents at educational institutions since Columbine in 1999 have occurred in high schools, and about 21% have occurred in middle schools or junior high schools. At Virginia Tech in 2007, an active shooter managed to go undetected for two and a half hours after his first two shots were fired in a dormitory.

Security 59

Security Alert Activation Technology 59

Fusion Risk Management

OCTOBER 7, 2021

When thinking about GRC, it is a broad term used to define the programs and practices that organizations implement to monitor and mitigate risks, verify compliance and regulatory alignment, and align these elements to organizational goals. Strategic objectives should be tied across every program throughout the enterprise.

Risk Management 98

Risk Management Management Strategic Fashion 98

BCP Builder

FEBRUARY 1, 2024

However, some Business Continuity Plans may contain lower level risks that are important to the department but not significant to the organization as a whole Risk Management is focused on the mitigation of issues and Business Continuity is more concerned about a worst case scenario action plan.

Risk Management 52

Risk Management Business Continuity All-Hazards Management 52

everbridge

APRIL 20, 2023

Schedule demo The significance for organizations In practical terms, organizations must adopt a strategic approach to addressing climate risk and resilience. How organizations can address the risk To address this challenge, organizations must take a strategic approach to climate resilience and risk management.

Hazard 52

Hazard All-Hazards Risk Management Strategic 52

LogisManager

FEBRUARY 29, 2024

There is a line of thought that corporate workers, remote or onsite, are prone to laziness, shortcuts, and misrepresentation of their activities, all for the pursuit of their inherently selfish needs. Leaders need to pivot from merely ensuring employees are present to actively assisting them in prioritizing outcomes over outputs.

Corporate Governance 64

Corporate Governance Risk Management Activation Mitigation 64

Pure Storage

JANUARY 20, 2022

Through big data analytics, organizations can predict emerging trends and discover valuable insights that help them make strategic decisions. This allows them to deploy their marketing dollars more strategically by creating and executing better-targeted marketing campaigns. Digitize Your Supply Chain for Insights and Resilience.

Advertising 131

Advertising Retail Marketing Audit 131

Reciprocity

AUGUST 18, 2022

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.

Risk Management 52

Risk Management Management Mitigation Strategic 52

everbridge

SEPTEMBER 21, 2023

School officials, at K-12 and college campuses, need to implement solutions that can help prevent or mitigate the impact of these events. Especially because “ K-12 schools and higher education institutions are the second most common location, after businesses, for active shooter incidents in the U.S.

Security 52

Security Emergency Planning Education Activation 52

Fusion Risk Management

MARCH 7, 2024

Finding efficiency amid this complexity requires strategic planning and a proactive approach. To thrive in the face of compounding disruptions, risk , continuity, and resilience leaders must leverage technology to stress test their resilience strategies.

Resilience 52

Resilience Strategic Vulnerability Risk Management 52

LogisManager

FEBRUARY 29, 2024

There is a line of thought that corporate workers, remote or onsite, are prone to laziness, shortcuts, and misrepresentation of their activities, all for the pursuit of their inherently selfish needs. Leaders need to pivot from merely ensuring employees are present to actively assisting them in prioritizing outcomes over outputs.

Corporate Governance 52

Corporate Governance Risk Management Activation Mitigation 52

Online Computers

FEBRUARY 16, 2024

Co-Pilot handles these repetitive tasks, freeing up valuable time for high-impact projects such as developing innovative solutions, strategizing growth, and building deeper customer relationships. Unlock new opportunities for growth with Online Computers as your strategic partner. Contact us now.

Strategic 52

Strategic Evaluation Continual Improvement Vulnerability 52

Solutions Review

JUNE 9, 2023

Business Case for Data Recovery Mitigating the Risk of Data Loss: Data loss can occur due to various reasons, including hardware failures, human errors, cyberattacks, natural disasters, or software malfunctions. Customers expect their data to be handled securely and with utmost care.

Data Recovery 52

Data Recovery Strategic Backup Mitigation 52

Reciprocity

MARCH 28, 2022

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.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Zerto

SEPTEMBER 30, 2022

Operational resilience protects your organization’s ability to produce and deliver its goods and services, in turn mitigating the impact on your customers and your reputation. To build an effective operational resilience strategy, you must develop: Strong strategic operational management, with shared vision and purpose.

Resilience 89

Resilience Corporate Governance Impact Analysis Cyber Resilience 89

Pure Storage

JANUARY 20, 2022

Through big data analytics, organizations can predict emerging trends and discover valuable insights that help them make strategic decisions. This allows them to deploy their marketing dollars more strategically by creating and executing better-targeted marketing campaigns. Digitize Your Supply Chain for Insights and Resilience.

Advertising 78

Advertising Retail Marketing Audit 78

Fusion Risk Management

SEPTEMBER 1, 2023

Organizations are actively looking to leverage the technology in their operations to improve user experience, streamline manual processes, and supercharge agility. This launch is just the beginning, as Fusion will continue to invest in AI solutions to transform how our customers anticipate, mitigate, and respond to disruptions.

Resilience 52

Resilience Risk Management Activation Strategic 52

Fusion Risk Management

NOVEMBER 21, 2023

As more and more organizations explore how to rapidly deploy generative AI tools to help address challenges and meet strategic initiatives, Fusion ® is investing in purpose-built AI-powered capabilities to continue to transform how organizations manage and scale their business continuity, risk management , and operational resilience programs.

Resilience 59

Resilience Risk Management Business Continuity Activation 59

MHA Consulting

MARCH 30, 2023

Theirs is a strategic role that involves the research and study of models, financials, and procedures, and risk managers tend to have a lot of authority in an organization. ERM tackles this on the strategic level with a portfolio that includes operations as well as many other areas as discussed above. It’s easy to see why.

BCM 85

BCM Risk Management Business Continuity Strategic 85

Fusion Risk Management

JUNE 15, 2023

It is important to recognize, however, that DORA is not simply a “check-the-box” compliance activity. Involving every stakeholder from the very beginning is one actionable way to mitigate these issues. Should a real-life incident occur, you’ll then be able to quickly mitigate the downstream negative impacts.

Resilience 52

Resilience Mitigation Crisis Management Business Services 52

LogisManager

SEPTEMBER 21, 2021

However, they recently realized that their user access review process was manual and antiquated, pulling critical time and resources away from achieving these strategic goals. LogicManager is a fully integrated, risk-based platform – it’s designed to help our clients perform any business process in a way that effectively mitigates risk.

Healthcare 96

Healthcare Audit Pandemic Risk Management 96

Security Industry Association

AUGUST 25, 2023

As drone activity in the nonmilitary space continues to rise, private and commercial organizations are considering their risk and how they will respond if a drone enters their airspace. While asymmetric in comparison, a recent nonmilitary incident stateside points to the evolution of using drones to carry out nefarious and criminal activity.

Security 94

Security Marketing Technology Activation 94

LogisManager

JANUARY 4, 2022

With traditional GRC functions like vendor management, information security, compliance, audit and more, risk management activities can easily become unnecessarily duplicative. Design better mitigation strategies that cut costs and eradicate redundancies. Step 2: Connect risk activities to strategic goals. Compliance.

Risk Management 52

Risk Management Management Activation Government 52

Reciprocity

DECEMBER 20, 2022

Internal auditing gives insight into an organization’s culture, policies, and processes while assisting board and management supervision by checking internal controls such as operational effectiveness, risk mitigation mechanisms, and compliance with relevant laws or regulations. How Do Internal and External Audits Differ?

Audit 98

Audit Management Evaluation Activation 98

LogisManager

MAY 27, 2021

It’s important to actively invest time and energy into preparing for any potential risk before a potential event of a disaster so that if or when it does, your BCP directs you to the necessary resources to return to business as usual. Be sure to implement strategic mitigations as part of your business impact analysis.

Continuity Planning 52

Continuity Planning Business Continuity BCP Disaster Recovery 52

Reciprocity

NOVEMBER 5, 2021

You must find ways to manage, mitigate, accept, or transfer these risks. There are many different types of risks, such as operational risks, financial risks, or strategic risks; as well as others including reputational, regulatory, or cybersecurity risk. Control Activities. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

LogisManager

NOVEMBER 9, 2021

Using Contracts to Mitigate Vendor Risk. Every vendor presents some amount of risk to your organization, and what is a contract if not a control to help mitigate that risk? How can your legal team be sure that they’re including the appropriate clauses to mitigate the risk if they don’t understand the risk that is present?

Management 97

Management Mitigation Disaster Recovery Alert 97