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The Importance of Risk Analytics

LogisManager

Risk assessment involves identifying, evaluating, and prioritizing potential risks, while management is the proactive handling of these risks. This strategic approach acts as a safeguard, reducing unexpected delays and ensuring the smooth progression of project processes. The interconnected nature of risks is known as risk ripple.

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4 Questions IT Managers Can Ask to Strengthen Data Backup and Resiliency

Solutions Review

Audits also help to ID what’s being stored and what is no longer needed. Final Thoughts Adopting a strategic approach to data backup and resiliency empowers organizations to enhance data control, mitigate unauthorized data access, and expedite recovery in the face of data breaches, attacks, or losses.

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4 Questions IT Managers Can Ask to Strengthen Data Backup and Resiliency

Solutions Review

Audits also help to ID what’s being stored and what is no longer needed. Final Thoughts Adopting a strategic approach to data backup and resiliency empowers organizations to enhance data control, mitigate unauthorized data access, and expedite recovery in the face of data breaches, attacks, or losses.

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The Importance of Risk Analytics

LogisManager

Risk assessment involves identifying, evaluating, and prioritizing potential risks, while management is the proactive handling of these risks. This strategic approach acts as a safeguard, reducing unexpected delays and ensuring the smooth progression of project processes. The interconnected nature of risks is known as risk ripple.

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Customer Value Story: How to Know What You Don’t Know

LogisManager

This AI-powered feature was a good fit for this client as it positioned them to significantly streamline their due diligence process and keep an audit trail of their work. This due diligence assessment process triggers a vendor evaluation workflow. Tier 2 (Moderate Risk) vendor contracts are taken down the same route as Tier 1 vendors.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

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. The result should be better, more strategic decision-making. Prevention or termination of a risk.

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Product’s Perspective: True Risk: Why External Vendor Ratings are Only Half the Picture

LogisManager

Services are available to collect and review key vendor documents like contracts and SOC 2s, and they can even evaluate a vendor’s financial statements against its industry peers. This vendor transparency helps you more effectively and efficiently mitigate third party risk.