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. However, the evidence was inconclusive so their strategy continued unchanged.

Banking 98

Banking Risk Management Management Corporate Governance 98

IBM Business Resiliency

MAY 20, 2021

With leaner supply chain management techniques and approaches like outsourcing, offshoring, just-in-time inventory and vendor managed inventory, disruption has worldwide consequences. Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers.

Risk Management 96

Risk Management Resilience Management Benchmark 96

Fusion Risk Management

FEBRUARY 10, 2022

In our previous blog “ The Importance of Ongoing Monitoring ,” we discussed what we often describe as the forgotten pillar of third-party risk management: ongoing monitoring. Tracking and managing complaints can be challenging. For example, let’s evaluate UniRush’s processor conversion. The Forgotten Pillar.

Evaluation 52

Evaluation Outsourcing Risk Management Media 52

Fusion Risk Management

SEPTEMBER 12, 2022

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Or, as so well articulated by the great British writer C.

Resilience 52

Resilience Insurance Insurance Audit 52

Castellan

SEPTEMBER 24, 2021

Full-time employees are exempt or non-exempt permanent staff retained, managed, and compensated directly by your organization. Risks to Consider: Staff augmentation works best if you have resiliency skills in-house, but need to temporarily scale your team to achieve goals. Outsourcing or Managed Services.

Business Continuity 52

Business Continuity Outsourcing Consulting Disaster Recovery 52

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? Cybersecurity.

Management 52

Management Risk Management Cybersecurity Strategic 52

Risk Management Monitor

JUNE 11, 2021

Data security spans two areas of organizational risk: unauthorized data use and privacy issues associated with authorized data processes. When evaluating an identity management strategy, it is imperative to start at a high level, which includes data access governance to limit access and meaningfully reduce the risk of loss or theft.

Management 49

Management Authorization Government Outsourcing 49