article thumbnail

What Is Risk Management?

LogisManager

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?

article thumbnail

The Colonial Pipeline Hack: Failure in Risk Management

LogisManager

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Protecting Your Business From Interruption: The Value of Business Continuity Management

Castellan

As published in the Disaster Resource Guide Executive Issue – Volume 12, Issue 3. The Need For Business Continuity Management All businesses face the threat of an unplanned business interruption. As a result, thousands of businesses large and small are crippled every year by unplanned business interruptions.

article thumbnail

What to Expect in Business Continuity Employment for the Last Half of 2021

Castellan

business continuity industry saw an average of about 20-25 new job postings each week , with about 30-35 on average internationally. While other industries around the globe struggled to adapt—and many experienced unprecedented job losses—business continuity managed to thrive and grow. The outlook is promising.

article thumbnail

Business Continuity is NOT a Data Backup

Stratogrid Advisory

Business Continuity is NOT a Data Backup Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 5 minutes There is something that bothers many Management Consultants in the Business Continuity and Information Technology field. Business Continuity is not a data backup. Let us repeat.

article thumbnail

Business Continuity is NOT a Data Backup

Stratogrid Advisory

Business Continuity is NOT a Data Backup. There is something that bothers many Management Consultants in the Business Continuity and Information Technology field. Have you tried to search for the terms “Business Continuity” or “ Business Continuity Planning ” on Google or Bing search engines recently?

article thumbnail

Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

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 are faced with many risks that can disrupt our livelihood and can jeopardize our existence.