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Risk Management Process- Part 3a: Risk Assessment and Risk Identification

Zerto

In the previous post of this risk management series, we covered the business impact analysis (BIA) , which is a crucial step in understanding the impact of potential disruptions to critical business processes. Now, we move on to the next critical step in the process: risk assessment , and its first stage, risk identification.

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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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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. Factor analysis of information risk (FAIR) provides a common risk mitigation vocabulary to help you to address security practice weaknesses.

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Book Review: Constructing Risk

Recovery Diva

These statements document incremental progress to recognizing the principal message and caution of this book, that our development practices—the ways we build on the land—too often resulting in increasing risk of disaster, when they could and should be doing the opposite, reducing risk to natural disaster, climate change and sea level rise.

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Top 10 Resources to Help You Become a BCM Ninja 

MHA Consulting

All you have to do is take the initiative and go get it. Top 10 BCM Resources All that being said, here are my top 10 resources to help you become a ninja-level BCM practitioner: 1. A great place to get an overview of the whole BC field, from Program Administration to Exercises to Risk Management and Mitigation.

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Threat Intelligence: A Key Capability for Our Turbulent Times

MHA Consulting

In recent years, we have entered a uniquely tumultuous period, one characterized by weird weather, global conflict, and heightened supply chain vulnerability, among other challenges. Threats related to environmental hazards that might occur in the vicinity of the organization’s facilities: train derailments, plant explosions, chemical spills.

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Operational Resilience in 2023: What Can We Expect?

Fusion Risk Management

After all, Operational Resilience is not limited to the financial services industry. The DORA requires firms to properly identify, risk-assess, and monitor the critical third parties that manage their data or that provide information and communication technologies (ICT).