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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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Ensuring Operational Resilience Amidst Geopolitical Events

Fusion Risk Management

Crisis and Incident Response Geopolitical events often necessitate the activation of emergency response and crisis response plans. Collaboration with these entities ensures a coordinated and effective response, enhancing the organization’s ability to mitigate risks as well as protect its employees and operations.

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Expect the Unexpected: Looking Back on Season Two of Business, Interrupted

Castellan

It’s got to be muscle memory, and you’ve got to have the right incident response plan. Elaine Boltz , chief operating and transformation officer at Crocs, has a similar cyber resilience perspective in episode nine , especially in terms of risk management for technology. Resilience Management.

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Internal Controls & Fraud Prevention

Reciprocity

For example, all activities related to financial record-keeping, authorization, reconciliations, and reviews should be divided among different employees. These auditors must know how to assess fraud risk. Leverage ZenRisk to Mitigate Fraud Risk in Your Organization. A Robust Internal Reporting System.

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