Banking Business Continuity Insurance Mitigation 
Erwood Group
JANUARY 28, 2024
Debunking the Myths of Business Continuity Unlocking the Truth: Navigating 20 Myths About Business Continuity Introduction: In the dynamic landscape of modern business, the importance of business continuity cannot be overstated. Myth 2: Business Continuity Plans Are Only for Large Enterprises.
Plan B Consulting
APRIL 2, 2024
This is a classic business continuity and emergency response incident, and I thought I would examine it through the lens of a couple of risk management concepts: black swan events and Reason’s Swiss cheese theory. The cargo was destined for Sri Lanka, and so there may be a knock-on impact on their businesses and economy.
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Risk Management Monitor
MARCH 4, 2022
According to experts ranging from independent cybersecurity professionals to officials at the Cybersecurity and Infrastructure Security Agency (CISA), organizations at greatest risk right now include critical infrastructure , banks and other financial services firms, and of course key service providers in Ukraine or Russia.
Fusion Risk Management
SEPTEMBER 12, 2022
Many of our own customers have said that having a “tone at the top” from leadership is critical to get their business team’s buy-in, as no one really wants to take a time out to work on their continuity plans or risk mitigation strategy. Ability to Procure Cyber Insurance.
CCEM Strategies
MAY 11, 2023
The risk of flooding tends to change based on the season as it can be caused by snow melt, sudden and aggressive rain storms, rain on snow events, or debris in waterways causing overtopping of banks or sudden redirection of the waterway. sewer backup versus overland flooding). Need Help with Risk Assessments, Planning and/or Engagement?
LogisManager
MAY 20, 2021
In recent years, these attacks have affected everyone from banks and hospitals to universities and municipalities; almost 2,400 organizations in the United States were victimized last year alone. Business Continuity. To prevent liabilities when a business continuity event occurs, it’s critical to take a risk-based approach.
Reciprocity
MARCH 24, 2022
These findings (and many more) show that fraud is a widespread risk that can affect any organization, its business continuity, and its reputation. So what can your organization do to minimize the possibility of fraud and mitigate its potential harm? Internal auditors can also search for fraud and mitigate potential damages.
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