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Risk Management Process – Part 3c: Risk Control

Zerto

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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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

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 Lifecycle: 5 Steps to a Safer, More Resilient Organization

Alert Media

The risk management lifecycle is a model of ongoing preparedness and mitigation for your organization. Identify, analyze, and respond to hazards.

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Securing critical infrastructure: White House issues call to action  

everbridge

It emphasizes a shared responsibility in mitigating risks and ensuring uninterrupted delivery of essential services, renewing the focus on protecting infrastructure assets. With Everbridge , your organization can leverage an advanced risk management and communication platform to support the objectives outlined in the NSM.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. Additional important ERM components are risk philosophy or strategy, risk culture, and risk appetite. Two ERM Must-Haves.

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Mitigating the Impact of Severe Weather

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. What steps can governments take to mitigate climate risk and severe weather events?

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Digital Twins and the Future of Physical Security and Risk Management

Security Industry Association

Today’s technology advances, such as cloud computing, deep learning and IoT, enable the application of enterprise data to mitigate risks and accurately and efficiently manage facilities’ security systems. Not only can the technology identify risks, but it can also immediately provide remediation alternatives.