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Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

Concerns about escalating cyber activity around the crisis are a vivid reminder of the importance of knowing your threat model and adjusting your risk management priorities accordingly. For example, given the tragic events and breaking developments around the conflict, many may be glued to news or social media. “In

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Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

In this comprehensive guide, we debunk 20 prevalent myths surrounding business continuity, shedding light on its scope, and cybersecurity integration, as well as dispelling misconceptions related to costs and returns on investment. Businesses can embrace business continuity without breaking the bank.

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Sensing the Tremors of Disruption

Fusion Risk Management

So, how might the new operational resilience methodologies and requirements help us to mitigate future harm? Over the past year and more, we saw financial firms implementing operational resilience programs to comply with the Bank of England, PRA, and FCA regulations. Pinpointing the Moment of Impact. Becoming Omniscient.

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Clarity from Chaos: the Global Regulatory Challenge

Fusion Risk Management

A Morgan Stanley representative spoke at the GFMI event expanding on this, to illustrate the end-to-end picture of crisis management. Once you’ve done that, it’s becoming increasingly important to train all of your teams, not just the crisis management team, on how to respond to disruptions.

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RIMS Risk Forum India 2021: Building Resilience As COVID, Cyberrisk Top Business Risks

Risk Management Monitor

And cyber risk remained elevated in 2021, with more than 600,000 cybersecurity incidents reported in the first six months of the year alone, according to CERT.”. They have crisis management plans in place, but they also dig deeper, look farther ahead. Doing so increases the ability to develop effective responses.