Risk Management Monitor

MAY 2, 2023

Recognizing a lifetime of outstanding service and achievement in the risk profession, the society’s top honor, the Harry and Dorothy Goodell Award, was presented to Joan Schmit, distinguished chair of risk management and insurance at the University of Wisconsin-Madison. but remains a leader with the RIMS Chicago Chapter.

Risk Management 97

Risk Management Management Insurance Insurance 97

LogisManager

MARCH 14, 2024

Boeing Airlines finds itself amidst a storm of legal challenges, grappling with a series of incidents highlighting systemic issues in its risk management practices. Why is the glaring lack of records a risk management problem for Boeing? What are the consequences of Boeing’s failure in risk management?

Airlines 59

Airlines Risk Management Management Transportation 59

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.

Risk Management 94

Risk Management Management Disaster Recovery Impact Analysis 94

LogisManager

JANUARY 11, 2024

Thinking Forward: Enterprise Risk Management for 2024 & Beyond Last Updated: January 11, 2024 Going into 2024, practitioners and managers of Enterprise Risk Management programs are under more pressure than ever. Also, this allows management and board members easier access to data for informed decision-making.

Risk Management 52

Risk Management Management Corporate Governance Government 52

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.

Risk Management 52

Risk Management Audit Management Banking 52

Zerto

AUGUST 24, 2023

The Importance of Risk Control The significance of risk control cannot be overstated: it’s a critical element of the risk management process, enabling organizations to identify and manage the risks they face. The post Risk Management Process – Part 3c: Risk Control appeared first on Zerto.

Risk Management 88

Risk Management Management Acceptable Risk Mitigation 88

Castellan

DECEMBER 13, 2021

That’s what we discussed in an episode of Castellan’s new podcast, Business, Interrupted , with Melanie Lucht, Associate Vice President and Chief Risk Officer at Carnegie Mellon University. At Carnegie Mellon, Lucht got a unique opportunity to lead its new enterprise risk management department with an emphasis on organizational resilience.

Risk Management 98

Risk Management Pandemic Management Business Continuity 98

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. However, the evidence was inconclusive so their strategy continued unchanged.

Banking 98

Banking Risk Management Management Corporate Governance 98

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

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

Fusion Risk Management

SEPTEMBER 1, 2021

In today’s world, where we have seen massive supply chain disruptions, data breaches, enforcement actions, and a stunning series of customer failures, the world of third-party risk management (TPRM) has never been under more scrutiny. Let’s examine what third-party risk management means. Risk Assessment.

Risk Management 52

Risk Management Management Outsourcing Fashion 52

Solutions Review

SEPTEMBER 14, 2021

The editors at Solutions Review have compiled this list of the best Risk Management courses on Udemy to consider taking. Risk management is an essential skill in the data protection space. This list of the best risk management courses on Udemy below includes links to the modules and our take on each.

Risk Management 98

Risk Management Management Government Vulnerability 98

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

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. Each section also features our inclusion criteria. Click GO TO TRAINING to learn more and register.

Risk Management 52

Risk Management Management Disaster Recovery Cybersecurity 52

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

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

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

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. Company Size. 1,000-5,000 employees.

Risk Management 52

Risk Management Management Healthcare Hospitality 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

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. The International Organization for Standardization (ISO) 31000: Risk Management is complete with principles, a framework, and a process for managing risk.

Risk Management 52

Risk Management Management Mitigation Strategic 52

IBM Business Resiliency

MAY 20, 2021

Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers. Here are four ways to build a cohesive risk management strategy that you can use to proactively prevent and mitigate risks across the supply chain. No supply chain is without risk.

Risk Management 96

Risk Management Resilience Management Benchmark 96

Risk Management Monitor

OCTOBER 25, 2022

In other lines of business, as inflation continues to rise and products become harder to get, we can expect to see increased crime activity, with higher value attributed to stolen goods due to shortages and inflation encouraging more employee theft. Key Action Steps for Risk Managers. This is the time to leverage that trust.

Insurance 40

Insurance Insurance Risk Management Management 40

On Solve

NOVEMBER 4, 2021

Staying ahead of it all requires thorough risk management. Yet when it comes to both existing and burgeoning risk, the majority of organizations are not adequately informed, let alone prepared. On top of that, respondents indicated they expect a 122 percent increase in optimized risk management strategies in the next 18 months.

Risk Management 52

Risk Management Management Fashion Communications 52

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. Download eBook

Strategic 103

Strategic Risk Management Mitigation Government 103

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

Fusion Risk Management

JULY 29, 2021

Getting people to care about protecting against things that seem unlikely is a constant challenge for many risk managers, but with branding and tailored communications that focus on storytelling, customer demand for your program can build.

Risk Management 52

Risk Management Management Crisis Management Communications 52

Business Resilience Decoded

SEPTEMBER 8, 2022

Episode 121: Are You Prepared for an Active Shooter? This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Active shooter scenarios are an increasingly prominent threat to public safety, especially in schools and in the workplace. Request a demo at [link] today!

Activation 36

Activation Disaster Recovery Sports Media 36

Business Resilience Decoded

SEPTEMBER 8, 2022

Episode 121: Are You Prepared for an Active Shooter? This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Active shooter scenarios are an increasingly prominent threat to public safety, especially in schools and in the workplace. Request a demo at [link] today!

Activation 36

Activation Disaster Recovery Sports Media 36

Business Resilience Decoded

SEPTEMBER 8, 2022

Episode 121: Are You Prepared for an Active Shooter? This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Active shooter scenarios are an increasingly prominent threat to public safety, especially in schools and in the workplace. Request a demo at [link] today!

Activation 28

Activation Disaster Recovery Sports Media 28

Behavior Group

SEPTEMBER 26, 2014

Risk management is the understanding, assessment (including prioritization) and treatment of risks, from highest to lowest, taking into account factors such as: the impact of a risk event may have; the likelihood of this risk event happens; and of course, the means involved for dealing with this risks.

Risk Management 52

Risk Management Management Activation 52

LogisManager

OCTOBER 19, 2023

Additionally, there will be an over-arching requirement for these banks to adopt the 3 Lines of Defense Risk Management Strategy. What Changes Can Banks Expect When delving into some of the specific changes banks can expect to see, the frequency of risk appetite statements will come into focus.

Banking 98

Banking Corporate Governance Audit Risk Management 98

LogisManager

JANUARY 22, 2024

With a better understanding of the total risk picture, resources can be better allocated to account for any up or downstream impact. Centralized IT Risk Management The centralization of IT Risk Management will be a critical component in setting your organization up for success.

Government 105

Government Cybersecurity Risk Management Corporate Governance 105

Castellan

APRIL 1, 2022

At a high level, it may seem natural to use the terms business continuity management and enterprise risk management interchangeably. What is Enterprise Risk Management (ERM)? Differences Between Business Continuity Management and Enterprise Risk Management. LEARN MORE. Working Together.

BCM 98

BCM Risk Management Business Continuity Resilience 98

The Failover Plan Podcast

DECEMBER 14, 2020

Today on the podcast, we’re talking with James MacDonnell - Director, Crisis Management and Business Continuity at BDO USA. But what he’s especially good at is developing ways to gamify business continuity activities. But what he’s especially good at is developing ways to gamify business continuity activities.

Business Continuity 130

Business Continuity Crisis Management Hospitality Risk Management 130

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. 2) Is the vendor resilient?

Insurance 84

Insurance Insurance Outsourcing Mitigation 84

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

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 96

Risk Management Mitigation Banking Activation 96