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Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

According to experts ranging from independent cybersecurity professionals to officials at the Cybersecurity and Infrastructure Security Agency (CISA), organizations at greatest risk right now include critical infrastructure , banks and other financial services firms, and of course key service providers in Ukraine or Russia.

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What Is Reputational Risk For Banks?

LogisManager

The world is also more dependent than ever to maintain financial stability amidst rising inflation and the inherent unpredictability brought on by the pandemic. Reputational risk in banking and financial services is associated with an institution losing consumer or stakeholder trust.

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The Best Risk Management Software to Consider for 2021 and Beyond

Solutions Review

The platform also offers continuity planning capabilities, allowing users to sequence their actions based on dependency and what-if analysis, rather than static plans. Additionally, users can utilize continuous control monitoring and self-assessments to report on their risk posture and activity in near real-time.

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The Colonial Pipeline Hack: Failure in Risk Management

LogisManager

For example, a forensic finding made during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. Steven is a frequent speaker in the Energy , Financial Services and Cyber industries.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Many of our own customers have said that having a “tone at the top” from leadership is critical to get their business team’s buy-in, as no one really wants to take a time out to work on their continuity plans or risk mitigation strategy. It is critical to keep your eye on what regulators are pushing down the pipe.

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

Castellan

The structured approach needed for business interruption risks is business continuity management – a process that analyzes an organization’s risk of business interruption and takes actions to reduce it. If it’s not a plan, what’s the outcome? Industry and/or Regulatory Requirements?