NexusTek

MAY 15, 2023

READ TIME: 6 MIN May 15, 2023 Business Continuity vs Disaster Recovery: What’s the Difference? In fact, over the course of a 3-year period, 96% of businesses can expect to experience at least one IT systems outage 1. They ensure a firm can continue functioning without downtime, regardless of adverse circumstances or events.

Disaster Recovery 52

Disaster Recovery Business Continuity Continuity Planning Outage 52

Online Computers

JANUARY 20, 2022

A business continuity plan (BCP) is a document that contains guidelines on how business operations can continue during unexpected disruptions. A BCP should provide clear guidance on how day-to-day operations will continue to prepare your employees, business partners, and/or consultants for any unforeseen eventuality.

Continuity Planning 52

Continuity Planning Business Continuity BCP Disaster Recovery 52

Pure Storage

JANUARY 9, 2024

Eradicating Change Management Outages with Pure Professional Services by Pure Storage Blog Executives who invest in Pure Storage technologies don’t do so just for the advanced features—they’re also looking for the assurance of uninterrupted operations. What Are Change Management Outages?

Outage 52

Outage Change Management Management Mitigation 52

Zerto

APRIL 25, 2023

The Critical Role of Business Impact Analysis In the first part of our miniseries on risk management, we introduced the operational risk management process and outlined its different parts. This time, we are exploring one of those key parts: the business impact analysis (BIA) process.

Impact Analysis 91

Impact Analysis Risk Management Management Continuity Planning 91

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 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

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 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. That’s fine.

Vulnerability 85

Vulnerability Outage Capacity BCM 85

MHA Consulting

FEBRUARY 9, 2023

Risk transference is one of the four main strategies organizations can use to mitigate risk. Try a Dose of Risk Management Wise organizations determine how much risk they will accept then make conscious efforts to bring their risk down below that threshold. You still need to have a program to ensure the continuity of your business.

Insurance 87

Insurance Insurance Outsourcing Mitigation 87

MHA Consulting

SEPTEMBER 7, 2023

The business continuity management roadmap is a simple but powerful tool that can help organizations strengthen their BCM programs and enhance their resilience. Select a business continuity standard. Devise a prioritized list of steps needed to mitigate your risks and close any gaps. BIAs, TRAs, RTOs, etc.)

BCM 100

BCM Resilience Vulnerability Business Continuity 100

Zerto

OCTOBER 13, 2022

Indeed, besides any business’ need to be able to cope with natural disasters or planned outages (maintenance, etc.), Cyber resilience describes an organization’s ability to mitigate, respond to and recover from cyber threats and attacks such as ransomware. Threat and vulnerability management.

Resilience 97

Resilience Cyber Resilience Cybersecurity Malware 97

Solutions Review

APRIL 24, 2023

The editors at Solutions Review have compiled this list of the best risk management courses on Coursera to consider if you’re looking to grow your skills. Risk management is an essential skill in the data protection space. The class outlines the relationship between assets, vulnerabilities, threats, and risks.

Risk Management 52

Risk Management Management Disaster Recovery Cybersecurity 52

MHA Consulting

JANUARY 27, 2022

Many service providers tune out talk about supply chain risk management since they think the issue only affects manufacturers and retailers. 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.

Risk Management 75

Risk Management Retail Management Manufacturing 75

everbridge

MAY 3, 2024

Before DORA, financial institutions managed the main categories of operational risk mainly with the allocation of capital, but they did not manage all components of operational resilience. The Digital Operational Resilience Act (Regulation (EU) 2022/2554) solves an important problem in the EU financial regulation.

Resilience 52

Resilience Risk Management Change Management Communications 52

IBM Business Resiliency

MAY 20, 2021

With leaner supply chain management techniques and approaches like outsourcing, offshoring, just-in-time inventory and vendor managed inventory, disruption has worldwide consequences. Optimizing inventory based on internal systems and operations isn’t as effective as external disruptions continue to test supply chains. .

Risk Management 96

Risk Management Resilience Management Benchmark 96

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. Risks for all business scandals, like the one at Colonial Pipeline, are always known months in advance, making the consequences preventable. With strong Enterprise Risk Management (ERM), nearly 100% of all liabilities can be avoided. Business Continuity.

Risk Management 64

Risk Management Management Authentication Hospitality 64

LogisManager

OCTOBER 12, 2021

What Is Risk Management? Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. Risk Management allows you to imagine tomorrow’s surprises today. However, implicit risk management is not enough to successfully operate a business.

Risk Management 52

Risk Management Management Insurance Insurance 52

Erwood Group

MAY 17, 2024

The Pros and Cons of Outsourced vs In-House IT Disaster Recovery The Pros and Cons of Outsourced vs In-House IT Disaster Recovery In today’s fast-paced digital business age, IT disaster recovery is a critical component of any business continuity plan and proper business resilience planning.

Outsourcing 52

Outsourcing Disaster Recovery Business Continuity Consulting 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

LogisManager

DECEMBER 12, 2023

This enables proactive risk management by identifying patterns, outliers, and potential areas of concern, allowing for strategic decision-making and resource allocation. For any mature risk management program, this insight will be key to determining if you're on track to meet business goals and staying within your risk tolerance level.

Strategic 59

Strategic Corporate Governance Risk Management Mitigation 59

LogisManager

JANUARY 4, 2022

Risk Management Approach for an Organization? There are many different terms for integrated risk management (IRM); GRC (governance, risk and compliance), as well as ERM (enterprise risk management) are two acronyms commonly used interchangeably with IRM. What is Integrated Risk Management? What Is an Integrated.

Risk Management 52

Risk Management Management Activation Government 52

Online Computers

MARCH 14, 2024

Mitigating cyber risks by partnering with managed services providers Managed services providers (MSPs) offer a holistic approach to cybersecurity. MSPs have experts who can manage data backups and implement robust disaster recovery plans that ensure business continuity in the face of cyber incidents.

Healthcare 52

Healthcare Cybersecurity Malware Insurance 52

LogisManager

DECEMBER 12, 2023

This enables proactive risk management by identifying patterns, outliers, and potential areas of concern, allowing for strategic decision-making and resource allocation. For any mature risk management program, this insight will be key to determining if you're on track to meet business goals and staying within your risk tolerance level.

Strategic 52

Strategic Corporate Governance Risk Management Mitigation 52

MHA Consulting

JANUARY 26, 2023

In today’s post we’ll look at the top 10 free or almost free resources business continuity management professionals can utilize to help them raise their BCM skills and effectiveness to ninja level. A great place to get an overview of the whole BC field, from Program Administration to Exercises to Risk Management and Mitigation.

BCM 92

BCM All-Hazards Disaster Recovery Hazard 92

Fusion Risk Management

OCTOBER 12, 2023

Activation of Business Continuity Plans Organizations should activate the business continuity plans that they have in place to minimize disruption to their operations. If no such strategies exist, by working closely with the business, ad hoc recovery strategies can be created to minimize the impact on operations.

Resilience 59

Resilience Authorization Communications Continuity Planning 59

Fusion Risk Management

MAY 24, 2023

Following the compounding crises that have taken place over the last few years, I think we can all agree that a strong third-party risk management (TPRM) program foundation is critical for effective identification of inherent and imposed risks. Is Risk Intelligence Necessary? How is Risk Intelligence Beneficial to TPRM?

Mitigation 52

Mitigation Risk Management Vulnerability Account Manager 52

Pure Storage

AUGUST 30, 2023

Operational complexity arises when an organization’s IT landscape becomes intricate, interconnected, and difficult to manage. Security vulnerabilities: Complex IT environments often have multiple points of entry for cyber threats. Major changes involve change management, a company-wide initiative that is never easy.

Resilience 52

Resilience Vulnerability Cybersecurity Mitigation 52

NexusTek

JULY 7, 2021

Cyber resilience involves the understanding that a security threat will eventually penetrate network systems and a robust business will have proactively prepared processes and methods to minimize damage and ensure business continuity. Cybersecurity. Cyber Resilience.

Cyber Resilience 79

Cyber Resilience Resilience Security BCP 79

Castellan

AUGUST 24, 2021

For businesses, resilience is often tied directly to business continuity, where professionals are tasked with ensuring an organization can quickly adjust, adapt, respond, and recover from disruptions and disasters. Because it’s how your organization can anticipate, plan for, mitigate, respond to, and recover from cyber events.

Cyber Resilience 52

Cyber Resilience Resilience Cybersecurity Disaster Recovery 52

NexusTek

JULY 28, 2021

You assume your business is too small to be a target. 5 4% of small businesses believe they’re too small for a cyberattack , and subsequently , don’t have a plan in place for reacting to cyber threats. This lack of — or even nonexisten ce of — cybersecurity could be fatal for a business. million to $8.94

Cybersecurity 94

Cybersecurity Response Plan Vulnerability Alert 94

CCEM Strategies

MAY 11, 2023

By analyzing factors such as topography, hydrology, and historical flood data, flood risk assessments can help communities identify areas that are most vulnerable to flooding. 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

Plan B Consulting

MAY 16, 2023

Added to this the constant environmental issues and suppliers collapses it is clear that supply chain vulnerability has rarely been seen as such a threat. To succeed, a proactive approach is required to ensure that many supply chain risks can be identified, or potentially mitigated before they become a crisis.

Fashion 52

Fashion Business Continuity Risk Management Insurance 52

Plan B Consulting

SEPTEMBER 24, 2021

As it is BCI Education Month, this week Charlie discusses the need for embedding business continuity to create a more resilient future, using examples of scenarios that are happening right now across the world. Was this a failure of business continuity or procurement?

Resilience 52

Resilience Business Continuity Mitigation Impact Analysis 52

Plan B Consulting

SEPTEMBER 24, 2021

As it is BCI Education Month, this week Charlie discusses the need for embedding business continuity to create a more resilient future, using examples of scenarios that are happening right now across the world. Was this a failure of business continuity or procurement?

Resilience 52

Resilience Business Continuity Mitigation Impact Analysis 52

Erwood Group

FEBRUARY 4, 2024

The Future of Business Continuity The Future of Business Continuity: Innovations and Emerging Technologies In an era of rapid technological advancement, the landscape of business continuity is evolving, embracing innovations and emerging technologies to enhance resilience.

Business Continuity 52

Business Continuity Technology Disaster Recovery Crisis Management 52

Online Computers

AUGUST 29, 2023

IT consulting Managed IT services providers (MSPs) can help businesses optimize their IT resources by assessing their current IT infrastructure, identifying any gaps or inefficiencies, and developing a plan to improve efficiency and productivity. Examples of IaaS include Amazon Web Services , Google Cloud Platform , and IBM Cloud.

Outsourcing 52

Outsourcing Cloud Computing Application Disaster Recovery 52