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Hurricane Risk Management: Key Considerations Before and After Storms Strike

Risk Management Monitor

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. If a hurricane impacts your business, implement your disaster recovery plan.

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Hurricane Season is in Full Effect ? Are You Prepared?

Fusion Risk Management

With this in mind, it’s becoming increasingly important that organizations look at climate change and natural disaster preparedness not just from an ESG (environmental, social, and governance) perspective but also from an operational resiliency one. What are their disaster recovery plans? Can the work be deferred?

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RIMS Risk Forum India 2021: Building Resilience As COVID, Cyberrisk Top Business Risks

Risk Management Monitor

An increasingly key theme year over year, resilience is at the root of the latest Excellence in Risk Management India report from Marsh and RIMS—and the RIMS Risk Forum India 2021 virtual event , where the report was officially released today. Doing so increases the ability to develop effective responses.

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Navigating the Supply Chain Crisis

Risk Management Monitor

Extraordinary congestion at critical global ports, decreased availability of key raw materials and component parts, rising freight bills and an increasingly tight job market have all contributed to the need for companies to create an effective logistics risk management program. How Did We Get Here? It’s Not Over Yet.

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Weird Weather: How to Be Resilient In a Time of Climate Chaos

MHA Consulting

It’s always been important for BC professionals to be aware of the adverse weather that might impact their people, technology, and facilities and to take steps to mitigate them. By the same token, it’s always been important for organizations to regularly review and update their threat assessments and recovery plans.

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33 Data Privacy Week Comments from Industry Experts in 2023

Solutions Review

Supply chain mapping will grow in importance in 2023 as it also helps in identifying concentration risk or compliance risk, allowing businesses to see the early warning signals, predict potential disruptions, identify supply chain bottlenecks and take proactive measures to mitigate risks, and maintain competitiveness.

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What is Business Continuity?

Erwood Group

It is disaster preparedness for business. Now that we know that business continuity in its simplest form, is disaster preparedness for business; we need to discuss more how as a business we properly prepare for disasters and disruptions. Risk management is important to all businesses. There you go.