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What is Vendor Risk Management (VRM)? The Definitive Guide

Reciprocity

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.

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What Is Risk Management?

LogisManager

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?

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The Colonial Pipeline Hack: Failure in Risk Management

LogisManager

Colonial Pipeline Hack: Failure in Risk Management. That’s why insurance premiums are increasing exponentially for those organizations that cannot provide evidence of an effective ERM program that has strong controls and a robust Incident Response program. Business Continuity. Colonial Pipeline Hack: Introduction.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Ability to Procure Cyber Insurance.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Business Continuity Planning Guide for Smaller Organizations Last Updated on June 4, 2020 by Alex Jankovic Reading Time: 26 minutes We all live in an unpredictable world. We are faced with many risks that can disrupt our livelihood and can jeopardize our existence.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Business Continuity Planning Guide for Smaller Organizations. We are faced with many risks that can disrupt our livelihood and can jeopardize our existence. We recognize that many business continuity planning terms and industry-leading methodologies can be foreign to your organization. Section 3 - Risk Assessment.

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Choosing a Governance Risk and Compliance Tool: Constant Vigilance

Reciprocity

GRC is an integrated approach to managing the organization’s governance, IT and security risks, and regulatory compliance functions. This allows you to strengthen cybersecurity, reduce uncertainty, cut costs, and improve business decision-making. Risk Management. Governance. Compliance.