LogisManager
FEBRUARY 10, 2022
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.
Reciprocity
AUGUST 24, 2022
Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? What Are the Most Common Vendor Risks?
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LogisManager
JANUARY 12, 2023
Operating within risk tolerances provides management greater assurance that the company remains within its risk appetite, which in turn, provides a higher degree of comfort that the company will achieve its strategic objectives. Here we see a risk appetite statement relating to a company’s goals for market share growth.
Fusion Risk Management
DECEMBER 15, 2021
A growing set of data needs to be interrelated and support the plans shown to regulators; through data, firms can better prove resilience and demonstrate continuous improvement. 3) Merging taxonomies and finding common ground on continuity and risk processes. 4) Planning data recovery as it pertains to resiliency.
Pure Storage
OCTOBER 4, 2022
Whether you’re looking to implement AI for fraud protection or better customer insights or to improve efficiency with hyperautomation, which Gartner identifies as a top strategic technology trend for 2022, the test will come in transitioning from the proof of concept to a measurable return on investment. . Lord Kelvin.
Risk Management Monitor
NOVEMBER 12, 2021
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.
Reciprocity
DECEMBER 20, 2022
Regular internal audits help your organization to evaluate and improve the effectiveness of risk management, control, and governance processes. Compliance risks, however, are just one category of risk that internal auditors monitor to evaluate the effectiveness of your organization’s risk management process.
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