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Crisis Management Explained: A Comprehensive Guide

Bernstein Crisis Management

Communication and coordination: Ensuring clear and timely communication with all relevant stakeholders, including employees, customers, suppliers, authorities, and the media. The Importance of Crisis Management Even the best-managed businesses can be hit by a crisis caused by external or internal events.

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You Can Tell a Lot about a Company from its Sustainability Report

Pure Storage

This blog about sustainability was authored by both Biswajit Mishra and Justin Emerson. The term ESG was coined by the investment industry as a way of evaluating businesses on non-financial metrics that can provide insights into unforeseen risk and explored growth opportunities. Learn more about FlashBlade//S.

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The Best Risk Management Software to Consider for 2021 and Beyond

Solutions Review

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. Description: HighBond is an end-to-end platform that brings together security, risk management, compliance, and audit professionals. Fusion Risk Management.

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The 15 Best Business Continuity Software and Tools for 2024

Solutions Review

Solutions Review’s listing of the best business continuity software is an annual mashup of products that best represent current market conditions, according to the crowd. Additionally, the solution ensures compliance with stringent SLAs through audit reports and non-disruptive recovery rehearsals.

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Internal Controls & Fraud Prevention

Reciprocity

The goal is to paint a false picture of the organization’s financial performance, usually to boost the company’s market value or attract new investors. For example, all activities related to financial record-keeping, authorization, reconciliations, and reviews should be divided among different employees. Internal Audits.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

ERM seeks to identify possible risks by asking forward-looking questions like “Will the market be the same in 9 months from now? ” Despite clear market shifts towards higher interest rates, SVB sampled quarterly with no further action, assuming their controls were sufficient. What are the observations of front-line employees?

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What Does a Compliance Management System Look Like?

Reciprocity

Regular audits of the compliance program. While it’s easy to assume that a CMS focuses on how your financial institution protects customers and avoids money laundering, market transactions are increasingly digital, using technologies vulnerable to unauthorized access. Compliance Audit. ” CFPB.