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The Multiple Factors Leading to the Collapse of Silicon Valley Bank

Erwood Group

Some additional key risk reduction steps SVB took early on were: They required a pledge of half of a startup’s shares as collateral (Reduced later to seven percent). It shows that the bank did understand certain key risks and managed them effectively early on. But positions, markets, economies, and risks change.

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Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

Once you know your critical functions you should also conduct a risk assessment and then a business impact analysis that allows you to properly assess situations that could negatively impact your business. Business continuity is an investment in risk reduction and organizational resilience.