Stratogrid Advisory

JUNE 3, 2020

Business Continuity Planning Guide for Smaller Organizations. We recognize that many business continuity planning terms and industry-leading methodologies can be foreign to your organization. It can be overwhelming if your organization has never implemented a robust business continuity program.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

MHA Consulting

APRIL 13, 2023

Business continuity professionals need to be sure their recovery plans and strategies are fully adapted to the new reality. Business continuity management (BCM) professionals hustled to adapt their recovery strategies and plans to the new workplace model. The answer is yes. Hybrid adds complexity.

BCM 86

BCM Business Continuity Cybersecurity Continuity Professionals 86

MHA Consulting

NOVEMBER 30, 2023

Instead, they should be developed in coordination with the cybersecurity department to ensure that recovery measures do not inadvertently create vulnerabilities that can be exploited by hackers. The best way to do this is by making sure business continuity is integrated into a robust information security governance framework.

Security 86

Security Outage Vulnerability Cybersecurity 86

MHA Consulting

JUNE 22, 2023

Business continuity professionals who want to make their organizations more resilient should make a conscious effort to become gap hunters. I agree—and in today’s blog I’m going to build on Michael’s post by laying out some of the common vulnerabilities I often see in working with clients of ours.

Vulnerability 85

Vulnerability Outage Capacity BCM 85

MHA Consulting

AUGUST 3, 2023

In today’s post, we’ll lay out what these domains are, reveal which ones tend to get overlooked, and explain how knowing about the domains can help business continuity professionals reduce their organizations’ risks and bolster their resilience. Risk management is not one-size-fits all.

Risk Management 75

Risk Management Management Strategic Mitigation 75

SRM

JULY 3, 2018

also brings an increased level of vulnerability. The latest report by Kapersky (2018) provides some statistics around the global cost of data breaches, revealing that the average business now spends 27 per cent of its IT budget on cyber defence. Or read more: The flaw in the plan: business continuity management.

Vulnerability 52

Vulnerability Cyber Resilience Disaster Recovery BCM 52

MHA Consulting

JANUARY 18, 2024

Most organizations recognize the importance of having a sound business continuity recovery plan, but many plans are undermined by the presence of overlooked weaknesses. However, while it’s true that having a remote-capable workforce increases resilience in some ways, remote work has vulnerabilities of its own.

Outage 80

Outage Airlines Consulting Vulnerability 80

MHA Consulting

MARCH 21, 2024

Healthcare organizations are uniquely vulnerable to hackers and are subject to more than their share of cyberattacks. Related on MHA Consulting: Be Ransomware Resilient: Know How to Operate Manually A Healthcare System Under Attack Last month, the U.S. health care system in American history.” Once the data is gone, it’s gone.

Healthcare 52

Healthcare Hospitality Resilience Insurance 52

MHA Consulting

MARCH 2, 2023

Reducing risk is at the heart of everything we do as business continuity professionals. Residual Risk There are two main kinds of risk when it comes to organizational activities and business continuity: inherent risk and residual risk. Inherent risk is the danger intrinsic to any business activity or operation.

Mitigation 75

Mitigation BCM Acceptable Risk Risk Management 75

MHA Consulting

APRIL 20, 2023

The risk maturity model is a key component of business continuity. In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall.

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

The risk maturity model is a key component of business continuity. In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall.

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

JUNE 1, 2023

Related on MHA Consulting: Driving Blind: The Problem with Skipping the Threat and Risk Assessment The Need for Threat Intelligence Traditional business continuity methodology leans heavily on the threat and risk assessment or TRA, in which the organization identifies potential threats and ranks them in terms of likelihood and potential impact.

All-Hazards 86

All-Hazards Hazard Business Continuity Mitigation 86

MHA Consulting

MAY 18, 2023

But as their companies grow, business owners can and should start becoming more proactive about mitigating risk. Related on MHA Consulting: Single Points of Failure: Protecting Yourself from Hanging by a Thread Risk and the Entrepreneur In writing today’s blog, I’m going to switch between my consultant’s hat and my entrepreneur’s hat.

Mitigation 92

Mitigation Risk Management Consulting BCM 92

MHA Consulting

FEBRUARY 23, 2023

Related on MHA Consulting: Global Turmoil Making You Ill? Try a Dose of Risk Management As a business continuity professional, I tip my hat to any organization that makes a serious effort to reduce its risks. A haphazard approach to bolstering tech security can leave a host of vulnerabilities. I wish it were true.

Mitigation 83

Mitigation Authorization Risk Management Vulnerability 83

MHA Consulting

FEBRUARY 9, 2023

Related on MHA Consulting: Global Turmoil Making You Ill? There are four main strategies for mitigating risk : · Risk acceptance: Making a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. You still need to have a program to ensure the continuity of your business.

Insurance 87

Insurance Insurance Outsourcing Mitigation 87

MHA Consulting

OCTOBER 19, 2022

It’s enough to make an organization leader or business continuity professional feel unwell. It’s certainly on mine, not only in my role as a business continuity consultant but also as a business owner and CEO. Ongoing mitigation is necessary because if you don’t take action, you remain vulnerable.

Risk Management 52

Risk Management Management Mitigation Business Continuity 52

MHA Consulting

NOVEMBER 3, 2022

Because technology is vulnerable to disruption—and disruptions are on the rise—every organization should devise manual workarounds for its critical business processes. The retro revolution in business continuity is about documenting, practicing, and/or rebuilding the ability to conduct critical business processes manually.

Outage 52

Outage BCM Internet Healthcare 52

MHA Consulting

OCTOBER 26, 2023

Related on MHA Consulting: The Cloud Is Not a Magic Kingdom: Misconceptions About Cloud-Based IT/DR The Cloud Is Not a Plan A common misconception today is that the shift from company-owned data centers toward cloud-based environments means companies can quit worrying about IT disaster recovery (IT/DR). (IT/DR

Disaster Recovery 106

Disaster Recovery Outage BCM Application 106

MHA Consulting

MAY 25, 2023

In today’s blog, we’ll look at those risks from the point of view of a business consultant who specializes in technology and IT disaster recovery. Related on MHA Consulting: Global Turmoil Making You Ill? Even companies that do not use AI tools are likely to be vulnerable because suppliers of theirs almost certainly do use them.

Risk Management 52

Risk Management Disaster Recovery Mitigation Consulting 52

MHA Consulting

JANUARY 27, 2022

In fact, service providers are also vulnerable to vendor … The post What Service Providers Need to Know About Supply Chain Risk Management appeared first on MHA Consulting. Many service providers tune out talk about supply chain risk management since they think the issue only affects manufacturers and retailers.

Risk Management 75

Risk Management Retail Management Manufacturing 75

MHA Consulting

JULY 20, 2023

Related on MHA Consulting: How GRC Can Help You Gain Real Control Risk Governance Is for Everyone Every organization, regardless of size or industry, should implement a risk governance program to reduce the chances of its being impacted by a crisis. Another issue that might be addressed is whether and when employees must use a VPN.

Government 72

Government Media Risk Management Vulnerability 72