LogisManager

MAY 22, 2023

From economic fluctuations to cybersecurity threats, from regulatory changes to environmental hazards, the risk landscape is constantly evolving, and organizations must be agile and proactive to stay ahead. In uncertain times, it is crucial to have resources to analyze and demonstrate risks.

Risk Management 52

Risk Management Evaluation Banking Benchmark 52

LogisManager

AUGUST 1, 2023

The National Credit Union Administration (NCUA) has recently released its priorities and areas of focus for the 2023 examinations, which include Interest Rate Risk, Credit Risk, and Information Security Risk. Easily organize and analyze data to prioritize resource allocation and address OCC and regulatory risk categories.

Risk Management 96

Risk Management Mitigation Banking Activation 96

Fusion Risk Management

MARCH 8, 2022

One of the tools that central banks use to help combat inflation is to raise interest rates. However, there is concern from central banks that doing so can lead to additional market pressures and unintended consequences. The post Economic Impact of Russia Sanctions appeared first on Fusion Risk Management.

Automotive 98

Automotive Transportation Banking Logistics 98

Fusion Risk Management

MAY 19, 2022

Of note, the term “management consulting services” is broadly defined by OFAC and includes “services related to strategic advice; organizational and systems planning, evaluation and selection; marketing objectives and policies; mergers, acquisitions and organizational structure; staff augmentation and human resources policies and practices.”.

Banking 52

Banking Evaluation Consulting Manufacturing 52

LogisManager

AUGUST 1, 2023

The National Credit Union Administration (NCUA) has recently released its priorities and areas of focus for the 2023 examinations, which include Interest Rate Risk, Credit Risk, and Information Security Risk. Easily organize and analyze data to prioritize resource allocation and address OCC and regulatory risk categories.

Risk Management 52

Risk Management Mitigation Banking Activation 52

Fusion Risk Management

MARCH 2, 2022

As risk managers, compliance with these new sanctions tests the bounds of third-party programs – as guardians of companies, risk practitioners can’t do business with sanctioned parties and operate lawfully. The post Ukraine-Russia Conflict Sanction Impacts appeared first on Fusion Risk Management.

Banking 52

Banking Telecommunications Government Resilience 52

Risk Management Monitor

MARCH 4, 2022

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. Evaluate and if possible, test your business continuity plans. Check it out here: [link].

Management 56

Management Malware Cybersecurity Insurance 56

Reciprocity

AUGUST 15, 2022

In banking, for example, the FDIC, the Office of the Comptroller of the Currency (OCC), or the Consumer Financial Protection Bureau (CFPB) are stringent regulators that can impose high fines for compliance issues. In June 2020, the OCC warned banks about compliance risks related to the COVID-19 pandemic. Senior Management.

Management 52

Management Audit Banking Risk Management 52

Fusion Risk Management

MARCH 1, 2022

The Bank of England, as part of their operational resilience policy statement , continually outlined the need for institutions to ensure that they can continue to deliver their important business services during severe (or extreme) but plausible scenarios. appeared first on Fusion Risk Management.

Manufacturing 52

Manufacturing Logistics Vulnerability Transportation 52

Fusion Risk Management

SEPTEMBER 12, 2022

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Or, as so well articulated by the great British writer C.

Resilience 52

Resilience Insurance Insurance Audit 52

Fusion Risk Management

JUNE 27, 2022

Whether evaluating a bank , an airline, or a store, customers want and need a provider that can deliver on their brand promise through any disruption. The post Compass 2022 Key Takeaways: Charting a New Course for Operational Resilience appeared first on Fusion Risk Management.

Resilience 52

Resilience Airlines Risk Management Banking 52

Fusion Risk Management

JUNE 13, 2022

We had to adjust our reputational risk management and on-going third-party monitoring programs. . Inflation is on the rise and to combat this, central banks are increasing interest rates. Assess your risk. The post Your North Star in a Compound Crisis appeared first on Fusion Risk Management.

Transportation 52

Transportation Pandemic Resilience Continuity Planning 52

Plan B Consulting

OCTOBER 17, 2022

The SEC has published proposed rules to enhance and standardise disclosures regarding cybersecurity risk management, strategy, governance, and cyber security incident reporting by public companies. Federal Bank Regulators. I haven’t seen anything which covers any penalties for failure to report an applicable cyber incident.

Banking 40

Banking Publishing Cybersecurity Security 40

Reciprocity

MARCH 24, 2022

These auditors must know how to assess fraud risk. For instance, all sales receipts and bank account deposit preparations should be documented. This will allow authorized personnel to perform bank reconciliations and verify that the receipts were deposited into the bank, which reduces asset misappropriation or other types of fraud.

Audit 52

Audit Banking Activation Authorization 52

everbridge

AUGUST 26, 2021

In 2011, when extreme flooding crippled factories in Thailand, the country’s central bank estimated that the supply-chain disruptions lowered Thailand’s GDP growth rate by 76 percent, dropping it from the forecasted 4.1 percent as a result of the floods, according to estimates by the United Nations Office for Disaster Risk Reduction.

Mitigation 52

Mitigation Logistics Risk Reduction Retail 52

Solutions Review

FEBRUARY 1, 2024

Navigating this expansive sea of data poses a constant challenge that has prompted regulations to encourage banks and other organizations to take data privacy seriously. Economic pressures and a growing consensus that licensing and management overhead have become untenable are leading organizations toward renewed consolidation.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Solutions Review

JANUARY 28, 2024

Navigating this expansive sea of data poses a constant challenge that has prompted regulations to encourage banks and other organizations to take data privacy seriously. Economic pressures and a growing consensus that licensing and management overhead have become untenable are leading organizations toward renewed consolidation.

Healthcare 52

Healthcare Security Cybersecurity Government 52