BCM METRICS

MARCH 2, 2022

Our current environment of rising global uncertainty is spurring organizations’ interest in business continuity and operational risk management. As a result, the position of operational risk consultant appears likely to become one of the “cool jobs” of the future.

Consulting 75

Consulting Risk Management Pandemic Business Continuity 75

LogisManager

MAY 9, 2023

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. However, the evidence was inconclusive so their strategy continued unchanged.

Banking 98

Banking Risk Management Management Corporate Governance 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

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

MHA Consulting

MAY 19, 2021

In recent posts, we’ve been talking about how important it is for organizations to reassess their risks as the economy opens up. Today, we provide a tool to help in … The post Checking It Twice: The Corporate Risk Mitigation Checklist appeared first on MHA Consulting.

Mitigation 75

Mitigation Consulting Continuity Planning Risk Management 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

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

MHA Consulting

MAY 18, 2023

But as their companies grow, business owners can and should start becoming more proactive about mitigating risk. As a business continuity consultant, I dislike risk and spend half my time trying to get my clients to reduce their risks. Mitigate the ones that have the greatest potential to impact your operations.

Mitigation 92

Mitigation Risk Management Consulting BCM 92

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

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

Reciprocity

OCTOBER 1, 2022

Protecting your corporate website as an enterprise risk management strategy can keep your data, customers, sensitive information, and reputation safe. Why Protecting Your Corporate Website as an Enterprise Risk Management Strategy Matters? Once you have identified the risk, you must consider ways to mitigate it.

Risk Management 52

Risk Management Management Vulnerability Malware 52

MHA Consulting

APRIL 27, 2023

During COVID, business tended to focus on only two of the five risk types; however, organizations that want to prosper over the long term need to be cognizant of and plan for all five kinds of risk. Over the medium and long term, these last three risk types have the power to do grave injury to the company.

Risk Management 86

Risk Management Mitigation Pandemic Strategic 86

Risk Management Monitor

AUGUST 30, 2021

The storm marks another overactive hurricane season officially underway in the United States, prompting business leaders and property owners to ensure they are adequately prepared from an insurance and risk management perspective. Some key recommendations to consider before and after any hurricane include: Preventative Measures.

Risk Management 74

Risk Management Insurance Insurance Management 74

MHA Consulting

FEBRUARY 9, 2023

Risk transference is one of the four main strategies organizations can use to mitigate risk. Related on MHA Consulting: Global Turmoil Making You Ill? 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.

Insurance 87

Insurance Insurance Outsourcing Mitigation 87

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.

Risk Management 52

Risk Management Management Pandemic Civil Emergency 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

MHA Consulting

FEBRUARY 22, 2024

The recently announced partnership between MHA Consulting and Kroll is a tremendous win for both firms and their clients. It’s also an exciting milestone for me personally as someone who, twenty-five years ago, started an independent business continuity consultancy with no guarantee of what the future held.

BCM 52

BCM Risk Management Business Continuity Consulting 52

MHA Consulting

NOVEMBER 16, 2023

Geopolitical risk is arguably at the highest level it’s been in 50 years. Related on MHA Consulting: Global Turmoil Making You Ill? Then develop ways to mitigate the threats, focusing on the threats that are the likeliest to occur and those which would cause the greatest impact if they did occur.

Mitigation 55

Mitigation Risk Management Vulnerability Sports 55

MHA Consulting

APRIL 20, 2023

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. Related on MHA Consulting: Who’s the Boss?

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

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. Related on MHA Consulting: Who’s the Boss?

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

MARCH 2, 2023

Reducing risk is at the heart of everything we do as business continuity professionals. This week’s blog post will spell out the key concepts relating to this all-important goal; call it “The Ultimate Guide to Residual Risk.” Inherent risk is the danger intrinsic to any business activity or operation.

Mitigation 75

Mitigation BCM Acceptable Risk Risk Management 75

LogisManager

JANUARY 16, 2024

From combating security issues to refining inefficient processes, an RCSA can help take your business to the next level while mitigating the risks that are interfering with your growth and success. You can use the RCSA to determine the best action plan for mitigating potential risks. What Does RCSA Mean?

Risk Management 52

Risk Management Mitigation Continual Improvement Audit 52

NexusTek

JANUARY 17, 2024

What this means is that your company’s own internal security practices are now only partial protection; a comprehensive security program must now include cyber risk management strategies that cover your supply chain. Would you like to speak to a cybersecurity expert about managing supply chain cyber risk? link] Moore, S.

Management 85

Management Malware Risk Management Cybersecurity 85

Plan B Consulting

MAY 25, 2018

This week, I apply the PESTLE framework to business continuity, in response to finding other risk management frameworks too restricting. Over the last few weeks I have been thinking a lot about risk management frameworks for business continuity.

Risk Management 52

Risk Management Management All-Hazards Hazard 52

Plan B Consulting

MAY 25, 2018

This week, I apply the PESTLE framework to business continuity, in response to finding other risk management frameworks too restricting. Over the last few weeks I have been thinking a lot about risk management frameworks for business continuity.

Risk Management 52

Risk Management Management All-Hazards Hazard 52

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. Theirs is a strategic role that involves the research and study of models, financials, and procedures, and risk managers tend to have a lot of authority in an organization.

BCM 88

BCM Risk Management Business Continuity Strategic 88

Erwood Group

MAY 17, 2024

Additional Benefits of Hiring an External Consulting Team for IT Disaster Recovery and Business Continuity Tailored Solutions: Customized Planning: External consultants can provide tailored disaster recovery and business continuity plans that are specifically designed to meet the unique needs of your business.

Outsourcing 52

Outsourcing Disaster Recovery Business Continuity Consulting 52

MHA Consulting

MAY 25, 2023

These days everyone is talking about the risks of generative AI technology such as OpenAI’s ChatGPT tool. In today’s blog, we’ll look at those risks from the point of view of a business consultant who specializes in technology and IT disaster recovery. Related on MHA Consulting: Global Turmoil Making You Ill?

Risk Management 52

Risk Management Disaster Recovery Mitigation Consulting 52

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. Security risks aren’t the only type of risk that organizations face.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Pure Storage

JANUARY 11, 2024

DORA’s five pillars include: Information and communications technology (ICT) risk management Incident reporting Digital operational resilience testing Third-party risk management Information sharing 2. The management, accessibility, and protection of data must be a central focus of any plan.

Resilience 117

Resilience Financial Services Banking Cybersecurity 117

Plan B Consulting

MAY 19, 2023

To round off a fantastic BCAW, Consultant Chloe Mclaughlin, explores the topic of organisational resilience. By identifying potential risks, developing plans to mitigate those risk and establishing effective crisis management protocols, organisations can minimise disruption, ensure business continuity and enhance their reputation.

Resilience 52

Resilience Crisis Management Mitigation Business Continuity 52

Fusion Risk Management

NOVEMBER 21, 2023

As more and more organizations explore how to rapidly deploy generative AI tools to help address challenges and meet strategic initiatives, Fusion ® is investing in purpose-built AI-powered capabilities to continue to transform how organizations manage and scale their business continuity, risk management , and operational resilience programs.

Resilience 59

Resilience Risk Management Business Continuity Activation 59

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

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. New products, services, and consulting partners emerge constantly, each one striving to distinguish itself from the rest. As a result, we now have: Enterprise risk management (ERM). Integrated risk management (IRM).

Risk Management 52

Risk Management Audit Insurance Insurance 52

Risk Management Monitor

SEPTEMBER 30, 2022

Once it is safe to do so, risk managers will have considerable work to do to help their organizations and communities recover. “There are several ways to prepare to work with insurers and focus on recovery in the face of losses,” said Jill Dalton, the group managing director for Property Risk Consulting at Aon.

Insurance 75

Insurance Insurance Disaster Recovery Risk Management 75

Risk Management Monitor

JANUARY 27, 2022

According to Stransky, there are five categories of data that are most important to determining your risk profile. For those that missed RIMS TechRisk/RiskTech, you can register and access the virtual event here. Sessions will be available on-demand for the next 60 days.

Insurance 66

Insurance Insurance Cybersecurity Vulnerability 66

MHA Consulting

JULY 20, 2023

Related on MHA Consulting: How GRC Can Help You Gain Real Control Risk Governance Is for Everyone Every organization, regardless of size or industry, should implement a risk governance program to reduce the chances of its being impacted by a crisis.

Government 72

Government Media Risk Management Vulnerability 72