article thumbnail

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.

article thumbnail

Strengthen Your Cybersecurity with LogicManager’s Latest Additions

LogisManager

By aligning with these practices, they not only improve their corporate governance approach beyond the minimum requirements but also enhance the overall company performance. developed by the Cyber Risk Institute, Complimentary User Entity Controls (CUECs), and new framework cross-mappings.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Is Reputational Risk For Banks?

LogisManager

That’s why it’s more important than ever to ensure you’re taking the right steps to use it to your advantage, which all starts with strong risk management. In the banking industry, managing reputational risk is a complex and ongoing discipline. Just like any business, banks face a myriad of risks.

Banking 52
article thumbnail

An Introduction to FFIEC: BCM’s Gold Standard

MHA Consulting

It has greater governance, risk assessment, business impact analysis, planning, testing, and maintenance requirements than any other standard. And its focus on continuous improvement helps ensure that organizations are always prepared to respond to disruptions and minimize their impact. marketplace.

BCM 74
article thumbnail

Unlocking Climate Change Resilience Through Critical Event Management and Public Warning

everbridge

“The odds are being stacked against us when we fail to act on science and early warnings to invest in prevention, climate change adaptation and disaster risk reduction.”. Gathering threat data and contextual information is needed to assess the magnitude of a risk. They are investing in data collection from spatial and hyper-local data.

article thumbnail

Empowering Credit Unions: Insights and Actions for NCUA’s 2023 Supervisory Priorities

LogisManager

The National Credit Union Administration (NCUA) has recently released its priorities and areas of focus for the 2023 examinations, which include Interest Rate Risk, Credit Risk, and Information Security Risk. Its main purpose is to ensure that credit unions have effective security measures. Why is this important for you?

article thumbnail

A Guide to Completing an Internal Audit for Compliance Management

Reciprocity

Internal audits assess a company’s internal controls, including its governance, compliance, security, and accounting processes. Regular internal audits help your organization to evaluate and improve the effectiveness of risk management, control, and governance processes. Management audit.

Audit 98