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How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM

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How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM Last Updated: March 7, 2024 What are the NAIC Strategic Priorities for 2024? This is where Enterprise Risk Management (ERM) software can help. How does ERM Software help insurance companies?

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

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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. Failing to implement an ERM program under these circumstances is negligence.

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Product’s Perspective: True Risk: Why External Vendor Ratings are Only Half the Picture

LogisManager

Product’s Perspective: True Risk: Why External Vendor Ratings are Only Half the Picture. From the perspective of our Product team, the challenges of risk and compliance professionals are at the forefront. What do most people overlook when assessing their vendor risks that leaves them in the dark? How do you uncover it?

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Customer Value Story: Integrating Risk Management and Incident Management

LogisManager

In this case study, research firm GRC 20/20 describes how Winona Health, a LogicManager customer in the healthcare industry, used the software to integrate its enterprise risk management (ERM) and incident management programs in 45 days – winning the 2016 GRC Value Award in Risk Management.

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Product’s Perspective: How Much Can You Automate Assurance?

LogisManager

Product’s Perspective: How Much Can You Automate Assurance? From the perspective of our Product team, the challenges of risk and compliance professionals are at the forefront. In this blog post, our Product team dives into risk assurance: a critical data point in any risk management program. The Case for Subjective Assessments.

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The Best Risk Management Courses on Udemy to Consider for 2021

Solutions Review

In order to keep business-critical data safe, IT professionals need to understand the process of identifying, assessing, and controlling threats to their organization. Description: This course is not about doing risk assessments, building risk registers, heat maps or risk reports. TITLE: Enterprise Risk Management (ERM) 101.

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The Colonial Pipeline Hack: Failure in Risk Management

LogisManager

That’s why insurance premiums are increasing exponentially for those organizations that cannot provide evidence of an effective ERM program that has strong controls and a robust Incident Response program. With strong Enterprise Risk Management (ERM), nearly 100% of all liabilities can be avoided. Incident Response.