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. Exactly what those domains are will be detailed in a moment.

Risk Management 75

Risk Management Management Strategic Mitigation 75

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

APRIL 27, 2024

Herrera Unplugged is an occasional series in which MHA Consulting CEO Michael Herrera shares his candid views on current hot-button business continuity topics. You might think that a company spending a substantial sum for the advice of a business continuity consultant would do everything it could to make the collaboration a success.

Consulting 52

Consulting BCM Business Continuity All-Hazards 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

MAY 18, 2023

But as their companies grow, business owners can and should start becoming more proactive about mitigating risk. As a business continuity consultant, I dislike risk and spend half my time trying to get my clients to reduce their risks. Business owners should identify their technology gaps and vulnerabilities.

Mitigation 92

Mitigation Risk Management Consulting BCM 92

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

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

FEBRUARY 9, 2023

Risk transference is one of the four main strategies organizations can use to mitigate risk. 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. If you don’t have a copy, you should grab one.)

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

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

eBRP

MAY 17, 2018

Within Business Continuity circles there is ongoing debate about the relevance and role of Risk Assessment in developing a BCM program. Traditional, formalized Risk Assessment aims to identify the threats to which our organization is vulnerable. This is the risk mitigation approach in a nut-shell.

BCM 52

BCM Response Plan Mitigation Vulnerability 52

Castellan

SEPTEMBER 14, 2022

By understanding your impact tolerance, you can better understand the impact single points of failure and vulnerabilities could have on your organization. From there, you can use that information to prioritize what’s most important and then focus on mitigation and remediation. Tips to Set Impact Tolerance.

Resilience 52

Resilience Capacity Business Services Vulnerability 52

MHA Consulting

MAY 25, 2023

Even companies that do not use AI tools are likely to be vulnerable because suppliers of theirs almost certainly do use them. How can you as a business continuity professional help protect your organization against these threats? These technologies are so new, no one knows the best strategies for mitigating the risks they bring.

Risk Management 52

Risk Management Disaster Recovery Mitigation Consulting 52

MHA Consulting

JULY 20, 2023

Companies should also consider crafting policies that address employees’ digital hygiene, the goal being to reduce the organization’s vulnerability to cyberattack. Another issue that might be addressed is whether and when employees must use a VPN.

Government 72

Government Media Risk Management Vulnerability 72

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

Emergency Planning

MARCH 7, 2019

In addition, technology is a potential source of vulnerability as well as a means of reducing it. Myth 47: Business continuity management only applies to the private sector. There is thus no reason why BCM should not apply to public bodies. There is thus no reason why BCM should not apply to public bodies.

Hospitality 130

Hospitality All-Hazards Risk Reduction Logistics 130