MHA Consulting

AUGUST 3, 2023

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains. Risk management is not one-size-fits all.

Risk Management 75

Risk Management Management Strategic Mitigation 75

MHA Consulting

JANUARY 25, 2024

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 terms business continuity and business resilience are superficially similar and a world apart.

BCM 95

BCM Business Continuity Resilience Outage 95

Zerto

AUGUST 24, 2023

The third crucial step in risk assessment is risk control, which involves crafting effective strategies to mitigate the identified risks. There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer.

Risk Management 84

Risk Management Management Acceptable Risk Mitigation 84

Zerto

SEPTEMBER 21, 2023

It illustrates the risk profile of the organization at a specific point in time, a profile that will evolve over time as new risks are identified and/or controls are put in place to mitigate some of them. What Is the Output of a Risk Assessment?

Risk Management 96

Risk Management Management Mitigation Backup 96

MHA Consulting

FEBRUARY 23, 2023

Many companies spend millions of dollars implementing risk mitigation controls but are kept from getting their money’s worth by a disconnected, piecemeal approach. Successful risk mitigation requires that a central authority supervise controls following a coherent strategy. I wish it were true.

Mitigation 83

Mitigation Authorization Risk Management Vulnerability 83

MHA Consulting

OCTOBER 19, 2022

In such times, the best thing an organization can do is get serious about risk management. Related on BCMMETRICS: The ABCs of ERM: The Rise of Enterprise Risk Management An Unstable Global Environment Not since the height of the Cold War has the global environment felt as shaky as it does now.

Risk Management 52

Risk Management Management Mitigation Business Continuity 52

Castellan

DECEMBER 13, 2021

Is the key to business continuity success understanding risk and how to manage it across your organization? That’s what we discussed in an episode of Castellan’s new podcast, Business, Interrupted , with Melanie Lucht, Associate Vice President and Chief Risk Officer at Carnegie Mellon University.

Risk Management 98

Risk Management Pandemic Management Business Continuity 98

Zerto

JULY 12, 2023

In the previous post of this risk management series, we covered the business impact analysis (BIA) , which is a crucial step in understanding the impact of potential disruptions to critical business processes. What Is Risk Assessment? What Is Risk Assessment? What Is in a Risk Identification Report?

Risk Management 78

Risk Management All-Hazards Management Mitigation 78

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 81

Impact Analysis Risk Management Management Continuity Planning 81

BCM METRICS

APRIL 14, 2022

Every organization that is determined to get serious about risk management should know about ISO 31000. The post A Great Place to Start: The ISO 31000 Risk Management Guidelines appeared first on BCMMETRICS.

Risk Management 85

Risk Management Management Mitigation Business Continuity 85

Plan B Consulting

JANUARY 8, 2024

I always think it is the brave person who makes predictions of what will happen, but in this bulletin, I will identify what I think are the ten trends we as business continuity people should be aware of and watch out for. So far, there has not been a great impact on business continuity processes and delivery.

Business Continuity 52

Business Continuity Insurance Insurance Continuity Planning 52

Fusion Risk Management

OCTOBER 7, 2021

Risk management is typically discussed under two categories: Governance, Risk, and Compliance (GRC) or Integrated Risk Management (IRM). Strategic risk. What is strategic risk, and how do you manage it? Solutions Customer Summit Series.

Risk Management 98

Risk Management Management Strategic Fashion 98

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

FEBRUARY 15, 2024

An emerging hot topic in business continuity and risk management is the software known as a risk management information system (RMIS). For those for whom this is a new acronym, RMIS stands for risk management information system. Key features of an RMIS typically include: Risk Identification.

BCM 84

BCM Risk Management Mitigation Business Continuity 84

LogisManager

OCTOBER 12, 2021

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. 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?”. What Is Risk Management?

Risk Management 52

Risk Management Management Insurance Insurance 52

Fusion Risk Management

SEPTEMBER 8, 2021

For business continuity professionals, the goal is to protect the organization’s continuity of operations. Third-party management, for example, is not just about onboarding vendors, but also assessing them and understanding the vendor risks so that your organization can continue to deliver products and services, no matter what.

Business Continuity 52

Business Continuity Disaster Recovery Risk Management Continuity Professionals 52

Erwood Group

JULY 7, 2022

What is Business Continuity. So, what is business continuity anyway? So, what is business continuity? Before I give you my answer, let me provide you with the definition from the National Fire Protection Agency (NFPA) 1600 (Which is their Business Continuity Standard). Risk Assessment.

Business Continuity 52

Business Continuity Impact Analysis Continuity Planning Communications 52

BCM METRICS

OCTOBER 6, 2022

Events of the last twenty years have thrust enterprise risk management (ERM) to the forefront of the contemporary business scene. Unfortunately, too many organizations leave out the all-important step of implementing strategies to mitigate the risks they identify.

Risk Management 52

Risk Management Management Mitigation Business Continuity 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. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. As with this case at Colonial Pipeline, the demandware that shut down the pipeline was likely from their business operating environment, which interfered with them from operating the production side where regulatory compliance oversight is currently focused. Data Governance.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Erwood Group

OCTOBER 27, 2020

How Business Continuity Provides Value to A Business. There are many ways in which Business Continuity can provide a business with tremendous value. The first and most obvious to many is that business continuity planning helps organizations obtain reduced premiums on insurance.

Business Continuity 59

Business Continuity Continuity Planning Insurance Insurance 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?

Risk Management 52

Risk Management Management Activation Government 52

Solutions Review

OCTOBER 13, 2021

The editors at Solutions Review have compiled this list of the best risk management courses on Pluralsight to consider taking. . Risk management is an essential skill in the data protection space. This list of the best risk management courses on Pluralsight below includes links to the modules and our take on each.

Risk Management 52

Risk Management Management Continuity Planning Business Continuity 52

IBM Business Resiliency

MAY 20, 2021

Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers. Here are four ways to build a cohesive risk management strategy that you can use to proactively prevent and mitigate risks across the supply chain. No supply chain is without risk.

Risk Management 96

Risk Management Resilience Management Benchmark 96

LAN Infotech

MAY 4, 2021

Making Ongoing Risk Management an Operational Standard. No business today is 100 percent secure from cyberthreats. Every day, more businesses are waking up to this reality, finally understanding the importance of a good cybersecurity system. Understanding Cybersecurity Risk Assessment. percent to reach nearly $43.1

Risk Management 61

Risk Management Management Cybersecurity Vulnerability 61

Castellan

APRIL 1, 2022

At a high level, it may seem natural to use the terms business continuity management and enterprise risk management interchangeably. While there are some congruences between them, there are some unique distinctions that separate the two, and in many regards, they’re actually completely different business functions.

BCM 98

BCM Risk Management Business Continuity Resilience 98

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

MHA Consulting

JUNE 15, 2023

Vulnerability management is the practice of identifying and mitigating the weaknesses in an organization’s people, processes, and technology. Then we work with the client on devising a plan to mitigate those weaknesses—and do all we can to get them to follow through on the plan (otherwise, what’s the point?). Don’t be that guy.

Vulnerability 86

Vulnerability Management Mitigation Risk Management 86

BCP Builder

JUNE 1, 2020

When does the Crisis Management team let go and the Business Continuity team take over? I think these two teams need to work together from the outset, but there is a point where the “lead” is handed over from Crisis Management to Business Continuity. Business Continuity is an enabling discipline.

Crisis Management 52

Crisis Management Business Continuity Management BCP 52

BCP Builder

JUNE 1, 2020

When does the Crisis Management team let go and the Business Continuity team take over? I think these two teams need to work together from the outset, but there is a point where the “lead” is handed over from Crisis Management to Business Continuity. Business Continuity is an enabling discipline.

Crisis Management 52

Crisis Management Business Continuity Management BCP 52

Castellan

AUGUST 24, 2022

While attacks like SolarWinds help bring awareness to security risks associated with supply chains, most organizations still have a lot of ground to make up for supply chain risk assessments and risk management. It’s a challenge further heightened by a constantly evolving and expanding risk landscape as well.

Risk Management 52

Risk Management Management Audit Resilience 52

Plan B Consulting

JUNE 11, 2020

This week I look at risk management in response to the ongoing COVID-19 outbreak and Black Lives Matter movement. I wanted to write about risk management and what I perceive is a massive failure of the process and implementation in ensuring that organisations were ready for a pandemic. Pandemic an identified risk.

Risk Management 52

Risk Management Management Pandemic Civil Emergency 52

Solutions Review

FEBRUARY 3, 2022

The editors at Solutions Review have compiled this list of the best business continuity certification training courses on Udemy to consider if you’re looking to grow your skills. What are the best business continuity certification training courses that any backup and disaster recovery administrator should consider earning?

Business Continuity 52

Business Continuity Disaster Recovery Continuity Planning Crisis Management 52

Plan B Consulting

OCTOBER 11, 2021

In today’s bulletin, Charlie discusses his thoughts on the industry that is business continuity and how he believes COVID has negatively impacted it. Nothing particular in the news piqued my interest this week, therefore, I decided to give my thoughts on ‘Is Business Continuity One of the Victims of COVID?’.

Business Continuity 52

Business Continuity Continuity Professionals Pandemic Continuity Planning 52

Plan B Consulting

OCTOBER 11, 2021

In today’s bulletin, Charlie discusses his thoughts on the industry that is business continuity and how he believes COVID has negatively impacted it. Nothing particular in the news piqued my interest this week, therefore, I decided to give my thoughts on ‘Is Business Continuity One of the Victims of COVID?’.

Business Continuity 52

Business Continuity Continuity Professionals Pandemic Continuity Planning 52

LogisManager

MAY 27, 2021

What Does a Business Continuity Plan Typically Include? A business continuity plan (BCP) is your first line of defense against any challenge that threatens the core functionalities of your organization’s operations. How to Create a Business Continuity Plan. Next, assess your various risks.

Continuity Planning 52

Continuity Planning Business Continuity BCP Disaster Recovery 52

On Solve

NOVEMBER 4, 2021

Staying ahead of it all requires thorough risk management. Yet when it comes to both existing and burgeoning risk, the majority of organizations are not adequately informed, let alone prepared. On top of that, respondents indicated they expect a 122 percent increase in optimized risk management strategies in the next 18 months.

Risk Management 52

Risk Management Management Fashion Communications 52