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How a Risk Maturity Model Can Increase Your Company’s Resilience

MHA Consulting

A mature, fully integrated risk model would like something like this: As part of the business impact analysis (BIA), people would be doing risk assessments of different areas at different levels throughout the company. The goal should be to gradually move toward a more comprehensive, mature approach.

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How a Risk Maturity Model Can Increase Your Company’s Resilience

MHA Consulting

A mature, fully integrated risk model would like something like this: As part of the business impact analysis (BIA), people would be doing risk assessments of different areas at different levels throughout the company. The goal should be to gradually move toward a more comprehensive, mature approach.

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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.

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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). This opened a close working relationship within the VC world. They would then collect deposits from businesses that were financed through these VCs.

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