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Risk Management Process- Part 1: Overview

Zerto

Risk management describes how a business identifies, analyzes, and responds to threats and risk factors that impact its profitability, viability, and strategic goals. Risk management attempts to control future threats by planning preemptively and deploying effective risk-control measures.

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How AI will shape the future of risk management

everbridge

Enterprises will continue to grapple with a relentless and intricate risk landscape; rather than facing isolated threats, they are confronted with a complex web of interconnected challenges. Some herald artificial intelligence in risk management as a remarkably potent solution, capable of addressing our most pressing challenges head-on.

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Four steps to build a more transparent and resilient supply chain through risk management

IBM Business Resiliency

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.

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Inflation Considerations for Risk Managers and Insurance Buyers

Risk Management Monitor

The conflict in Ukraine was already an inflection point for the insurance markets, with hardening rates and capacity changes anticipated in some specific classes as a result. Key Action Steps for Risk Managers. It is essential to be proactive when it comes to risk management.

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RIMS ERM Conference 2021: Introducing the New RIMS Maturity Model

Risk Management Monitor

This morning at the two-day RIMS ERM Conference 2021 , attendees got a “sneak preview” of the new RIMS Risk Maturity Model, presented by Carol Fox, former RIMS vice president of strategic initiatives, and Tom Easthope of Microsoft’s enterprise risk management team.

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Understanding DORA: How to operationalize digital resilience

everbridge

This regulatory framework lays the foundation for an efficient and agile risk management framework, compelling organizations to enhance their ICT risk management policies and procedures. The way forward Fostering a culture of resilience and risk management across the organization can be challenging.

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Financial Services: Are You Ready for the Upcoming Regulations?

Fusion Risk Management

Resilience-based approaches allow you to expand your focus on detecting patterns that may predict risk events or mature your capacity to contain them when they arise. appeared first on Fusion Risk Management. The impending UK regulatory requirements reflect the societal need for better operational resilience.