On Solve

DECEMBER 21, 2021

As our OnSolve leadership team reflects on 2020 and 2021, we note a trend in our conversations with Business Continuity (BC), Enterprise Risk Management (ERM), Physical Security (PS), Travel Risk Management (TRM) and Supply Chain Risk Management (SCRM) leaders. Dynamic Environment vs Dynamic Risks.

Risk Management 52

Risk Management Management Travel Scenario Planning 52

MHA Consulting

APRIL 20, 2023

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?

Resilience 52

Resilience Risk Management Mitigation BCM 52

Zerto

FEBRUARY 7, 2024

With the global surge in cybercrime—particularly ransomware attacks —and occasional outages of cloud services , enterprise risk management is just the latest initiative that needs attention. The ripple effects lasted 4400% longer than the outage itself. Customers, as well as internal team members, were severely impacted.

Activation 101

Activation Backup Outage Authentication 101

Erwood Group

MAY 30, 2024

Risk Management RTO is an integral part of risk management. This proactive approach helps mitigate risks associated with operational disruptions. To mitigate this, we perform a Financial Impact Analysis alongside the BIA. How RTO Impacts Business Continuity and Recovery 1.

Business Continuity 52

Business Continuity Disaster Recovery Impact Analysis Resilience 52

MHA Consulting

MARCH 30, 2023

Sometimes questions arise about the relationship between the business continuity management (BCM) team and the enterprise risk management (ERM) department. Theirs is a strategic role that involves the research and study of models, financials, and procedures, and risk managers tend to have a lot of authority in an organization.

BCM 88

BCM Risk Management Business Continuity Strategic 88

MHA Consulting

JANUARY 25, 2024

It focused on identifying the most critical business processes and developing plans to keep those processes going or quickly restore them in the event of an outage. Other components include risk management, crisis management, operational resilience, supply chain resilience, and financial resilience, among others.

BCM 95

BCM Business Continuity Resilience Outage 95

Zerto

DECEMBER 5, 2023

The Digital Operational Resilience Act (DORA) is a new regulation that creates a binding, comprehensive information and communication technology (ICT) risk management framework for the European Union (EU) financial sector. What Is DORA?

Disaster Recovery 52

Disaster Recovery Outage Banking Application 52

Fusion Risk Management

DECEMBER 1, 2021

While critical vendors come with additional risks, they are also important. Taking the following steps helps appropriately manage and mitigate risks throughout the vendor lifecycle: Dive deeper during due diligence. The post Determining a Critical Vendor appeared first on Fusion Risk Management.

Outsourcing 52

Outsourcing Alert Financial Services Outage 52

MHA Consulting

JANUARY 26, 2023

Anything and everything is out there regarding how you can protect your organization and its stakeholders from disruptions and recover quickly when outages occur. A great place to get an overview of the whole BC field, from Program Administration to Exercises to Risk Management and Mitigation. BCM consultancy websites.

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BCM All-Hazards Disaster Recovery Hazard 92

Fusion Risk Management

SEPTEMBER 7, 2022

In fact, according to Gartner’s Top Security and Risk Management Trends survey , 48 % of executives believe that cybersecurity is the top source of risk to their organizations. . Businesses must have a third-party risk management system that helps them to identify and reduce risks caused by third-party service providers.

Technology 59

Technology Cyber Resilience Resilience Cybersecurity 59

everbridge

JUNE 12, 2023

However, there are critical event management solutions specifically developed to help organizations mitigate the impact of critical events and build resilience, such as those offered by Everbridge. Complex IT systems have several failure points, and it only takes one system change to cause a domino effect of failures and outages.

Resilience 52

Resilience eCommerce Outage Mitigation 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

MHA Consulting

JUNE 22, 2023

Related on MHA Consulting: How to Get Strong: Unlocking the Power of Vulnerability Management The Practice of Vulnerability Management Last week, MHA CEO Michael Herrera wrote a blog about vulnerability management , the practice of identifying and mitigating the weaknesses in an organization’s people, processes, and technology.

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Vulnerability Outage Capacity BCM 85

MHA Consulting

JUNE 1, 2023

Threat intelligence empowers organizations to proactively identify, assess, and mitigate risks associated with threats of all types, thus helping them protect their assets, reputation, and business continuity. The threat of utility or network outages. Threats posed by cyberattacks: ransomware, data theft, and the rest.

All-Hazards 86

All-Hazards Hazard Business Continuity Mitigation 86

Reciprocity

SEPTEMBER 30, 2022

Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security. This is why third-party risk management and healthcare data security are critical. What is Healthcare Vendor Risk Management? Notes on Vendor Access et.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Fusion Risk Management

SEPTEMBER 14, 2023

The ability to be compliant and mitigate the impact of disruption through a robust incident management strategy begins with understanding the most critical business functions that comprise your organization. Economic impact – What are the direct and indirect costs associated with the outage?

Management 59

Management Authorization Resilience Outage 59

Solutions Review

MARCH 16, 2022

PMI Risk Management Professional (PMI-RMP). Description: This course allows you to validate your knowledge of identification and assessment of the project risks, mitigation of the threats, and opportunities enhancement with PMI Risk Management Professional (PMI-RMP) certification. Go to training.

Backup 52

Backup Disaster Recovery Risk Management Cybersecurity 52

Reciprocity

APRIL 4, 2022

On the contrary, they have several critical differences that security professionals should understand, if you want to deliver the best protection and risk management possible to your organization. Protect information during non-cyber events, such as natural disasters, power outages, or fire. They’re not.

Cybersecurity 52

Cybersecurity Security Internet Malware 52

LogisManager

MAY 27, 2021

Taking a risk-based approach is the best way to go about developing your business continuity plan and avoid the need to use implement a disaster recovery plan. Through a risk-based approach, you follow the following steps: identify, assess, mitigate, monitor, connect and report. A regional power outage. Getting sued.

Continuity Planning 52

Continuity Planning Business Continuity BCP Disaster Recovery 52

FS-ISAC

OCTOBER 13, 2023

This may not become “the” framework, as there are others like the NIST AI Risk Management Framework. CISOs need to take a step back from dealing with security challenges and think about positioning their organization to better manage and mitigate all the symptoms. Planning is needed to operate when your defense fails.

Cybersecurity 69

Cybersecurity Financial Services Authentication Resilience 69

Security Industry Association

MAY 27, 2021

They could also come from non-natural sources; such threats would include theft, sabotage, terrorism, power outages, civil unrest and so many more. Many of the points made apply to other risk areas. These physical security threats could be natural, like severe weather, fire, earthquakes, volcanoes, flooding and more. raw Tweets).

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Alert Publishing Authorization Media 52

Plan B Consulting

JANUARY 11, 2019

Kev Brear also commented that “hindsight bias often appears in risk management discussions and I submit that this incident has the potential to be coloured by that aspect”. As a result, there seemed to be no consensus on how to mitigate the threat.

Airlines 40

Airlines All-Hazards Mitigation Hazard 40

Plan B Consulting

JANUARY 11, 2019

Kev Brear also commented that “hindsight bias often appears in risk management discussions and I submit that this incident has the potential to be coloured by that aspect”. As a result, there seemed to be no consensus on how to mitigate the threat.

Airlines 40

Airlines All-Hazards Mitigation Hazard 40

Stratogrid Advisory

JUNE 3, 2020

Risk Methodology The Risk Assessment can be completed by using a traditional Operational Risk Management (ORM) methodology (for larger organizati ons), or an All-Hazards Risk Assessment (AHRA) approach. Vendor Risk Management When developing organizational continuity plans, third-party providers (e.g.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Risk Methodology. The Risk Assessment can be completed by using a traditional Operational Risk Management (ORM) methodology (for larger organizati ons), or an All-Hazards Risk Assessment (AHRA) approach. Vendor Risk Management. aligning the IT Disaster Recovery Plan to the BIA requirements.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52