MHA Consulting

MARCH 14, 2024

Risk can never be eliminated but it can be mitigated. Related on MHA Consulting: The ABCs of ERM: The Rise of Enterprise Risk Management Introducing Enterprise Risk Management In addition to being a business continuity consultant, I’m a business owner. Risk can never be completely removed, but it can be mitigated.

Risk Management 52

Risk Management Management All-Hazards Mitigation 52

MHA Consulting

FEBRUARY 15, 2024

An emerging hot topic in business continuity and risk management is the software known as a risk management information system (RMIS). An RMIS can help an organization identify, assess, monitor, and mitigate risks, but often they merely seduce and distract companies that are not in a position to make proper use of them.

BCM 84

BCM Risk Management Mitigation Business Continuity 84

Stratogrid Advisory

JUNE 3, 2020

Business Continuity Planning Guide for Smaller Organizations Last Updated on June 4, 2020 by Alex Jankovic Reading Time: 26 minutes We all live in an unpredictable world. We recognize that many business continuity planning terms and industry-leading methodologies can be foreign to your organization.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

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

AUGUST 24, 2023

They include process and procedural robustness and integrity; people, skills, and training; insurance and self-insurance; the supply chain, outsourcing, and inherent risk; infrastructure, systems, and telecommunications; and physical and information security. Knowledge of how to mitigate risks. Accepting risk.

Risk Management 90

Risk Management BCM Management All-Hazards 90

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

Online Computers

MARCH 14, 2024

Patient data, containing sensitive information ranging from medical histories to insurance details, has become a lucrative target for cybercriminals. Every piece of data, from medical records and treatment plans to billing and insurance details, contributes to a comprehensive understanding of the patient's health history.

Healthcare 52

Healthcare Cybersecurity Malware Insurance 52

CCEM Strategies

NOVEMBER 9, 2023

1 Of the top 10 most expensive natural disasters in terms of insurance payouts in Canada, floods are responsible for four. The Insurance Bureau of Canada states that the insured damage of this event was $675 million. So, what can you do to help mitigate the effects of flooding?

Emergency Planning 52

Emergency Planning Insurance Insurance Damage Assessment 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

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

Zerto

APRIL 6, 2023

We will discuss risk management, the critical importance of business impact analysis (BIA) , and the essential steps involved in a thorough risk assessment. We will end the series with an overview of the risk prioritization and mitigation stages of the process. Some risks will be within your organization’s risk appetite.

Risk Management 96

Risk Management Management Disaster Recovery Impact Analysis 96

Disaster Safety

DECEMBER 23, 2021

Severe winter weather is a significant cause of insured catastrophic losses and is a risk for many businesses across the country, including portions of the typically warmer southern United States. Discuss the systems exposure to winter weather and potential mitigation options. Create a business continuity plan.

Insurance 129

Insurance Insurance Outage Alert 129

Disaster Recovery Journal

OCTOBER 23, 2020

But that was my unofficial designation when I worked for the largest insurance broker in the world some 20 odd years ago. I was teaching a business continuity class at our remote office in Detroit when a hysterical woman pulled me from the class to go to the breakroom television. Likewise, none of us can mitigate everything.

Risk Management 214

Risk Management Disaster Recovery Emergency Response Emergency Response 214

MHA Consulting

MARCH 30, 2023

Sometimes questions arise about the relationship between the business continuity management (BCM) team and the enterprise risk management (ERM) department. The best place to put the business continuity office is in the enterprise risk group.

BCM 88

BCM Risk Management Business Continuity Strategic 88

MHA Consulting

MAY 11, 2023

In business continuity, testing of all types can lay claim to a rare distinction: it is simultaneously one of the most important parts of any program, and one of the most neglected. They can benefit organizations by helping keep the recovery team personnel sharp and making business continuity part of the organization’s culture.

Disaster Recovery 87

Disaster Recovery Business Continuity Consulting BCM 87

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.

Banking 52

Banking Insurance Insurance Mitigation 52

MHA Consulting

MAY 11, 2023

In business continuity, testing of all types can lay claim to a rare distinction: it is simultaneously one of the most important parts of any program, and one of the most neglected. They can benefit organizations by helping keep the recovery team personnel sharp and making business continuity part of the organization’s culture.

Disaster Recovery 78

Disaster Recovery Business Continuity Consulting BCM 78

CCEM Strategies

OCTOBER 7, 2020

According to the Insurance Bureau of Canada , over 60% of British Columbians live in a region where some of the largest earthquakes in the world occur. Here are a few things to consider when preparing for earthquakes in your emergency management and business continuity plans: 1. What can you do to mitigate hazards?

Insurance 52

Insurance Insurance All-Hazards Hazard 52

everbridge

DECEMBER 19, 2023

Cybersecurity solutions increasingly harnessed these technologies to analyze extensive data, detect anomalies, and automate incident response, leading to quicker and more precise threat identification and mitigation. The focus will shift towards data protection and ensuring business continuity in the face of ransomware attacks.

Management 59

Management Travel Vulnerability Cybersecurity 59

Plan B Consulting

MAY 16, 2023

First and foremost, those organisations who use business continuity as a ‘tick box exercise’, or as a requirement from their insurance company need to start truly embedding Business Continuity into business-as-usual activities as soon as possible. Finally, there is the gold fashioned risk assessment.

Fashion 52

Fashion Business Continuity Risk Management Insurance 52

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.

Resilience 52

Resilience Insurance Insurance Audit 52

Risk Management Monitor

MARCH 4, 2022

Keep track of the latest threats and get the research over to your IT team so they can update your firewall, and/or contact the business’ security services provider and make sure they are aware of and addressing these new malware strains. Evaluate and if possible, test your business continuity plans. Check it out here: [link].

Management 56

Management Malware Cybersecurity Insurance 56

Plan B Consulting

APRIL 19, 2024

In last week’s bulletin, I wrote about ‘Business Continuity Planning in Schools’. You may have to pay a retainer, this service comes as part of cyber insurance. A good response will go a long way to mitigating some of the impacts of a cyber attack and maintaining their brand and reputation.

Backup 52

Backup Communications Continuity Planning Media 52

MHA Consulting

FEBRUARY 16, 2023

This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. The strategic side of CM refers to preparations and mitigations the organization should put in place ahead of time to strengthen its crisis response capability. Training and awareness.

Crisis Management 81

Crisis Management Strategic BCM Management 81

Pure Storage

MARCH 21, 2022

Identification: Identifies and responds to incidents reported through your organization’s Help Desk or detected using security and threat mitigation tools. Pure Storage® SafeMode TM snapshots are critical to mitigating and recovering from a ransomware attack. Investor Relations. Other Contacts to Know.

Emergency Response 105

Emergency Response Emergency Response Backup Outsourcing 105

CCEM Strategies

MAY 11, 2023

Recovering from flooding can be challenging, particularly as insurance coverage may be limited, extraordinarily costly, or unavailable depending on the type of flooding (i.e., This information can then be used to develop effective flood preparedness plans and mitigation strategies, such as building dikes or improving drainage systems.

All-Hazards 52

All-Hazards Hazard Natural Hazard Transportation 52

LogisManager

MAY 20, 2021

That’s why insurance premiums are increasing exponentially for those organizations that cannot provide evidence of an effective ERM program that has strong controls and a robust Incident Response program. Business Continuity. There are different notification requirements for each state, federal and international jurisdiction.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Castellan

FEBRUARY 7, 2022

It’s about implementing governance, processes, and controls to continuously analyze your risks, prioritize how to respond to them, and have plans to mitigate or remediate those risks, while being well-prepared to respond to a disruption. And that goes beyond what’s just inside your business. Cyber resilience isn’t just a theory.

Cyber Resilience 98

Cyber Resilience Resilience Response Plan Consulting 98

Castellan

SEPTEMBER 8, 2021

While it’s a great time to celebrate all of the hard work business continuity, disaster response, and incident management teams do year round, it’s also a wonderful opportunity to raise awareness throughout your organization about the valuable role these programs play in ensuring operational resilience, which is a big win for everyone.

Business Continuity 52

Business Continuity Disaster Preparedness Response Plan Resilience 52

LogisManager

OCTOBER 12, 2021

Once you have assessed these risks you will want to create a plan for risk mitigation and risk monitoring so that you are in control of potential threats. Internal process, compliance, IT and facility-driven audits are essential to reduce threats and ineffectiveness and keep your business thriving. Risk Management Definition.

Risk Management 52

Risk Management Management Insurance Insurance 52

Pure Storage

JUNE 14, 2023

Your infrastructure should ensure business continuity with measures that cover it all: protection, detection, response, and recovery. That means that any affected array flagged for forensic investigation by insurance or law enforcement cannot be used and needs to be left alone. No vendor could cover all of this—until now.

Authorization 97

Authorization Backup Resilience Healthcare 97

Plan B Consulting

MARCH 4, 2014

There are 10 questions a business continuity manager should be asking concerning staff travel abroad: 1. What insurances are in place to cover overseas events? Does your organisation’s insurance cover all likely events? Who has knowledge of the insurance so it can be used at short notice?

Travel 52

Travel BCM Insurance Insurance 52

Plan B Consulting

MARCH 4, 2014

There are 10 questions a business continuity manager should be asking concerning staff travel abroad: 1. What insurances are in place to cover overseas events? Does your organisation’s insurance cover all likely events? Who has knowledge of the insurance so it can be used at short notice?

Travel 52

Travel BCM Insurance Insurance 52

Reciprocity

AUGUST 17, 2022

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Risk measurement and mitigation.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

MARCH 24, 2022

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Such risks could affect your business’ cybersecurity, regulatory compliance, business continuity, and organizational reputation.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Fusion Risk Management

JUNE 23, 2023

More than 14 years ago, the Federal Deposit Insurance Corporation (FDIC) introduced the first true risk-based approach to understanding and managing third parties. A Digital Method to Integrated Third-Party Risk Management Fusion Risk Management planted its roots with an obsession in understanding how your business works.

Risk Management 52

Risk Management Alert Resilience Communications 52

Plan B Consulting

SEPTEMBER 30, 2016

In this week’s bulletin I revisit the subject, highlighting what Business Continuity Managers should be aware of within their organisations. As we have said in many bulletins, the business continuity manager should lead in horizon scanning for new risks to ensure that they are addressed within their organisation.

Travel 52

Travel Mitigation Business Continuity Insurance 52