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Getting Started with Enterprise Risk Management

MHA Consulting

In today’s post, we’ll take a look at how organizations can get started using Enterprise Risk Management (ERM) to reduce their exposure and improve their resilience. Risk can never be completely removed, but it can be mitigated. It helps organizations reduce risk, outages, impacts, and costs, such as insurance costs.

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The Best Risk Management Courses on Udemy to Consider for 2021

Solutions Review

The editors at Solutions Review have compiled this list of the best Risk Management courses on Udemy to consider taking. Risk management is an essential skill in the data protection space. This list of the best risk management courses on Udemy below includes links to the modules and our take on each.

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Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

As our OnSolve leadership team reflects on 2020 and 2021, we note a trend in our conversations with Business Continuity (BC), Enterprise Risk Management (ERM), Physical Security (PS), Travel Risk Management (TRM) and Supply Chain Risk Management (SCRM) leaders. Dynamic Environment vs Dynamic Risks.

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Why BCM and ERM Should Be BFFs 

MHA Consulting

Sometimes questions arise about the relationship between the business continuity management (BCM) team and the enterprise risk management (ERM) department. Theirs is a strategic role that involves the research and study of models, financials, and procedures, and risk managers tend to have a lot of authority in an organization.

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Who’s the Boss? Successful Risk Mitigation Requires Centralized Leadership

MHA Consulting

Many companies spend millions of dollars implementing risk mitigation controls but are kept from getting their money’s worth by a disconnected, piecemeal approach. Successful risk mitigation requires that a central authority supervise controls following a coherent strategy.

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Identifying Important Business Functions: Your Building Blocks for DORA Compliance and Incident Management

Fusion Risk Management

The Importance of Incident Management within DORA Incident management should encompass everything from the moment that an outage is detected all the way through to recovery: a complete end-to-end strategy. Economic impact – What are the direct and indirect costs associated with the outage?

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DORA vs. DORA! by Lee Fredricks

PagerDuty

The details of these Acts are far too complex to unpack in a brief blog like this but they have caused FS firms to examine the risks posed by their digital transformation. The former came into force in 2023, the latter in 2022.