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Not another BCM Program audit?

Stratogrid Advisory

Not another BCM Program audit? Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Another Business Continuity Management (BCM) Program audit. At its core, an audit is simply an assessment used to discover which areas the business will require a focus in the future.

Audit 52
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Not another BCM Program audit?

Stratogrid Advisory

Not another BCM Program audit? Another Business Continuity Management (BCM) Program audit. Some organizations think of audits as tedious, and often unnecessary, accounting procedures, rather than as a powerful business tool that can be used to improve the organization’s capabilities. BCM Program Audits.

Audit 52
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Policy Management 101

Fusion Risk Management

Ask yourself one question: when is the last time I updated my third-party risk management policy and presented it to the board for approval? The scrutiny is going to get even more stringent in a post-COVID world since so many institutions had to rely on aggressive outsourcing. desktop procedures).

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Managing ICT third-party risk under DORA regulation

Fusion Risk Management

As organizations begin to determine the impact that DORA has on their specific business, a common thread has emerged: while Information and Communication Technology (ICT) Third-Party Risk Management (TPRM) is its own pillar in the regulation, TPRM touches on all other pillars of the regulation.

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Third-Party Risk Management 101

Fusion Risk Management

In today’s world, where we have seen massive supply chain disruptions, data breaches, enforcement actions, and a stunning series of customer failures, the world of third-party risk management (TPRM) has never been under more scrutiny. Let’s examine what third-party risk management means. breach, management departures, etc.).

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

LogisManager

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. I predict by next year they too will conclude that it was a failure in risk management.

Banking 98
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Severe Weather Preparedness: Managing Severe Weather Events During Other Crises

everbridge

Yet first responders, cybersecurity experts, emergency managers, and others in crisis management must remain vigilant. The pandemic has been characterized by twists and turns, and crisis managers can still expect it to be a factor as the hurricane and wildfire seasons, as well as potentially early winter storms, kick-off.