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Why Crisis Management Planning Should Be On Your To-Do List

Bernstein Crisis Management

Crisis management planning is the strategic process of preparing for situations can threaten to interrupt reputation, operations, or the financial bottom line. Legal and Compliance: For many industries, having a crisis management plan can be a legal or insurance-mandated necessity.

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The Industrial Revolution v4.1: with increased opportunity comes increased vulnerability

SRM

also brings an increased level of vulnerability. Disaster Recovery : taking a strategic approach to managing staff in the event of a successful attack, minimising damage to brand reputation and safeguarding the interests of key stakeholders; 3. Yet the Industrial Revolution v4.1 Penetration testing: man vs machine.

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Ransomware and Healthcare Payers: What Can You Do to Protect Yourself

Pure Storage

Ransomware and Healthcare Payers: What Can You Do to Protect Yourself by Pure Storage Blog For this blog on ransomware and healthcare payers at risk of it, Catherine Sweeney, Senior Account Based Marketing Manager at Pure Storage, spoke with Priscilla Sandberg, Pure Storage’s Senior Strategic Healthcare Alliances Manager.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

The result should be better, more strategic decision-making. ERM is the process of methodically identifying and dealing with any potential events that could threaten the achievement of strategic objectives or competitive advantage opportunities. Passing or sharing the risk via insurance, joint venture, or another arrangement.

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Understanding Recovery Time Objectives: A Key Component in Business Continuity

Erwood Group

Strategic Planning Establishing an RTO requires a thorough understanding of business processes and their dependencies. This insight is crucial for strategic planning and resource allocation. We often see businesses gaining additional insurance coverage with zero increases in premiums based on better RTOs and strategy implementations.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.

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

MHA Consulting

The maturity levels typically range from ad-hoc or reactive risk management practices, to proactive and integrated risk management practices that are aligned with the organization’s strategic objectives. Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease.