LogisManager

MAY 9, 2023

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.

Banking 98

Banking Risk Management Management Corporate Governance 98

FS-ISAC

NOVEMBER 8, 2021

We chase concepts that seem simple, such as "basic" network hygiene, asset management, and patching. But these approaches rely on tenets based on traditional operational and financial risk management. While “close enough” works in asset management for financial inventory, it can quickly prove useless in cybersecurity.

Risk Management 59

Risk Management Management Audit Asset Management 59

everbridge

MARCH 6, 2024

Everbridge is recognized as a leader We’re proud to announce that Everbridge has been recognized as a leader in The Forrester Wave™: Critical Event Management Platforms, Q4 2023 report. In this blog post, we’ll dive into the significance of the Forrester Wave™: Critical Event Management Platforms, Q4 2023 and why it matters.

Management 52

Management Evaluation Resilience Travel 52

Castellan

DECEMBER 13, 2021

That’s what we discussed in an episode of Castellan’s new podcast, Business, Interrupted , with Melanie Lucht, Associate Vice President and Chief Risk Officer at Carnegie Mellon University. At Carnegie Mellon, Lucht got a unique opportunity to lead its new enterprise risk management department with an emphasis on organizational resilience.

Risk Management 98

Risk Management Pandemic Management Business Continuity 98

Reciprocity

NOVEMBER 5, 2021

The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

Reciprocity

AUGUST 18, 2022

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. ERM is the process of methodically identifying and dealing with any potential events that threaten the achievement of strategic objectives or competitive advantage opportunities. When establishing an ERM program, risk mitigation is a paramount concern.

Risk Management 52

Risk Management Management Mitigation Strategic 52

everbridge

NOVEMBER 2, 2021

Across the globe, both public and private sectors are more concerned than ever about addressing climate change and its associated risks. “In In the period 2000 to 2019, there were 7,348 major recorded disaster events claiming 1.23 Floods and storms were the most prevalent events.”. million lives, affecting 4.2

Resilience 142

Resilience Risk Reduction Management Command Center 142

Risk Management Monitor

AUGUST 30, 2021

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. Some key recommendations to consider before and after any hurricane include: Preventative Measures.

Risk Management 74

Risk Management Insurance Insurance Management 74

Security Industry Association

MARCH 27, 2023

This new technology makes it possible for them to model and evaluate physical security system performance under specified conditions of threat and system operation. During an event, personnel must be able to determine how many entrances and exits a building has and what kind of locking mechanisms are in place.

Risk Management 97

Risk Management Security Management Technology 97

IBM Business Resiliency

MAY 20, 2021

Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers. Here are four ways to build a cohesive risk management strategy that you can use to proactively prevent and mitigate risks across the supply chain. No supply chain is without risk.

Risk Management 96

Risk Management Resilience Management Benchmark 96

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. Risks for all business scandals, like the one at Colonial Pipeline, are always known months in advance, making the consequences preventable. With strong Enterprise Risk Management (ERM), nearly 100% of all liabilities can be avoided. Business Continuity.

Risk Management 64

Risk Management Management Authentication Hospitality 64

LogisManager

DECEMBER 5, 2023

Risk assessment involves identifying, evaluating, and prioritizing potential risks, while management is the proactive handling of these risks. Companies that prioritize risk management experience successful project completion and heightened productivity.

Risk Management 103

Risk Management Audit Impact Analysis Evaluation 103

LogisManager

JANUARY 2, 2024

Thinking Forward: Managing Third Party Risk for 2024 & Beyond Last Updated: January 2, 2024 In the world of third-party risk management, companies have long been accustomed to doing things the old way, navigating through fragmented processes and siloed approaches. Successful Third Party Risk Programs Focus On: 1.

Management 104

Management Strategic Risk Management Mitigation 104

LogisManager

DECEMBER 5, 2023

Risk assessment involves identifying, evaluating, and prioritizing potential risks, while management is the proactive handling of these risks. Companies that prioritize risk management experience successful project completion and heightened productivity.

Risk Management 52

Risk Management Audit Impact Analysis Evaluation 52

LogisManager

MARCH 19, 2024

Negligence can cost a company millions in the event of a cybersecurity breach, including lawsuits, hefty fines, and irreparable damage to an organization’s reputation. It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements.

Cybersecurity 59

Cybersecurity Risk Management Vulnerability Mitigation 59

LogisManager

MARCH 19, 2024

Negligence can cost a company millions in the event of a cybersecurity breach, including lawsuits, hefty fines, and irreparable damage to an organization’s reputation. It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements.

Cybersecurity 52

Cybersecurity Risk Management Vulnerability Mitigation 52

LogisManager

JANUARY 2, 2024

Thinking Forward: Managing Third Party Risk for 2024 & Beyond Last Updated: January 2, 2024 In the world of third-party risk management, companies have long been accustomed to doing things the old way, navigating through fragmented processes and siloed approaches. Successful Third Party Risk Programs Focus On: 1.

Management 52

Management Strategic Risk Management Mitigation 52

Castellan

DECEMBER 29, 2021

When you take that one product, and then multiply it across the gamut of other products where it may be an ingredient, you can see just how quickly one event can snowball causing supply issues for others. “So Identifying and Quantifying Risks. What would a cross functional team look like when evaluating third-party risk?

Resilience 98

Resilience Evaluation Logistics Pandemic 98

Risk Management Monitor

JUNE 8, 2021

Despite recent volatility, more than 60% of risk executives surveyed in a recent PwC US Pulse Survey were optimistic about the global economy, as well as the state of the pandemic recovery. This optimism could stem from a greater alignment between risk functions and the business. Allocate costs efficiently.

Risk Management 75

Risk Management Strategic Fashion Pandemic 75

Fusion Risk Management

MARCH 16, 2023

If you are trying to break down the silos within your organization, are interested in learning more about risk management , or just need a refresher, the risk assessment process is a great place to start. receiving a cease-and-desist order on a project due to a risk not being managed properly).

Risk Management 52

Risk Management Evaluation Mitigation Account Manager 52

NexusTek

OCTOBER 25, 2023

Managing Cyber Risk in Your Business Ecosystem To effectively manage cyber risk in our digital world, you need to evaluate not only your own cybersecurity posture but third parties’ as well. Unfortunately, 51% of businesses report that they do not evaluate third-party cyber risk 2.

Cybersecurity 91

Cybersecurity Evaluation Vulnerability Risk Management 91

LogisManager

DECEMBER 12, 2023

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

Strategic 59

Strategic Corporate Governance Risk Management Mitigation 59

LogisManager

DECEMBER 12, 2023

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

Strategic 52

Strategic Corporate Governance Risk Management Mitigation 52

Reciprocity

AUGUST 17, 2022

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Enterprise Risk Management (ERM).

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Fusion Risk Management

NOVEMBER 30, 2023

Impactful plans and effective strategies involve a detailed and comprehensive analysis of potential risks and disruptions that could impact your business operations. To learn more about how to start using Fusion’s Dynamic Planning and Response capability, contact your Fusion Account Manager or request a demo today.

Account Manager 52

Account Manager Response Plan Evaluation Business Continuity 52

Solutions Review

APRIL 28, 2023

The report comes after the analyst group evaluated 12 backup solutions on the basis of backup administration; backup capabilities; cyber-resilience; configuration, licensing, and pricing; recovery and restores; snapshot administration; and support. Read on for more. [ Read on for more. [ Read on for more.

Disaster Recovery 59

Disaster Recovery Backup Cyber Resilience Application 59

Risk Management Monitor

MARCH 4, 2022

Concerns about escalating cyber activity around the crisis are a vivid reminder of the importance of knowing your threat model and adjusting your risk management priorities accordingly. For example, given the tragic events and breaking developments around the conflict, many may be glued to news or social media.

Management 56

Management Malware Cybersecurity Insurance 56

Business Resilience Decoded

DECEMBER 15, 2023

Episode 166: The Impact of ESG on Business Continuity ESG – which stands for environmental, social, and governance investing – is a way for investors to evaluate risk and social responsibility before investing in companies. Source: Global Risk Management Institute: What Is ESG?

Business Continuity 41

Business Continuity Disaster Recovery Sports Media 41

everbridge

FEBRUARY 23, 2022

Download our white paper on our “Building a Successful Travel Risk Management Program” by Anvil, an Everbridge Company. In today’s changing world, businesses need to be risk resilient across their operations – and that includes business travel. Combat Threats to Business Travelers with Successful Travel Risk Management.

Travel 75

Travel Risk Management Airlines Vulnerability 75

Fusion Risk Management

MARCH 1, 2022

Risk leaders should be prepared to experience a spike in the number of attempted cyberattacks as unavoidable data security breaches spill over globally and impact your third parties directly. Evaluate your most critical third parties and ensure you have a resilient risk response plan. appeared first on Fusion Risk Management.

Manufacturing 52

Manufacturing Logistics Vulnerability Transportation 52

everbridge

MARCH 6, 2023

According to research conducted by Verdantix , “more than half of organizations have less than $1 million to respond to catastrophic events, and 41% of participants stated that they had no budget at all for catastrophic events” (Navigating Climate Threats and Proactive Mechanisms to Achieve Business Climate Resilience, November 2022).

Resilience 52

Resilience All-Hazards Command Center Insurance 52

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.

Banking 52

Banking Risk Management Strategic Evaluation 52

everbridge

MAY 2, 2023

Assess and monitor the risks The first step in addressing chronic hazards is to assess the risks that they pose to the organization. As with any risk management strategy, it is important for businesses to also monitor and review their approach to chronic hazards on an ongoing basis.

Hazard 52

Hazard All-Hazards Risk Management Resilience 52

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). The advent of the digital age is partly to blame.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. What Is a Risk Assessment? ” What is the Risk Analysis Process?

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Castellan

NOVEMBER 9, 2021

Turner calls business continuity her first love, adding that in her role at Microsoft, she had a unique opportunity to integrate risk management into business continuity, initiating an operational enterprise risk management program that united governance with business continuity as an operational risk.

Resilience 98

Resilience Business Continuity Disaster Recovery Risk Management 98