MHA Consulting

OCTOBER 19, 2022

In such times, the best thing an organization can do is get serious about risk management. Related on BCMMETRICS: The ABCs of ERM: The Rise of Enterprise Risk Management An Unstable Global Environment Not since the height of the Cold War has the global environment felt as shaky as it does now.

Risk Management 52

Risk Management Management Mitigation Business Continuity 52

LogisManager

MAY 11, 2023

Complimentary Gartner® Report: How to Implement a Risk-Based Vulnerability Management Methodology‌ Vulnerabilities are not just a technical issue but are also a business risk that needs to be managed effectively. 1 Many companies still use a rearview approach of governance, risk, and compliance (GRC).

Vulnerability 52

Vulnerability Management Risk Management Government 52

LogisManager

MAY 11, 2023

Complimentary Gartner® Report: How to Implement a Risk-Based Vulnerability Management Methodology‌ Vulnerabilities are not just a technical issue but are also a business risk that needs to be managed effectively. 1 Many companies still use a rearview approach of governance, risk, and compliance (GRC).

Vulnerability 52

Vulnerability Management Risk Management Government 52

Reciprocity

AUGUST 18, 2022

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.

Risk Management 52

Risk Management Management Mitigation Strategic 52

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

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. Additional important ERM components are risk philosophy or strategy, risk culture, and risk appetite. Two ERM Must-Haves.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Zerto

APRIL 25, 2023

The Critical Role of Business Impact Analysis In the first part of our miniseries on risk management, we introduced the operational risk management process and outlined its different parts. BIA is an essential component of risk management and business continuity planning efforts.

Impact Analysis 81

Impact Analysis Risk Management Management Continuity Planning 81

LogisManager

OCTOBER 12, 2021

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

Risk Management 52

Risk Management Management Insurance Insurance 52

MHA Consulting

JANUARY 27, 2022

Many service providers tune out talk about supply chain risk management since they think the issue only affects manufacturers and retailers. In fact, service providers are also vulnerable to vendor … The post What Service Providers Need to Know About Supply Chain Risk Management appeared first on MHA Consulting.

Risk Management 75

Risk Management Retail Management Manufacturing 75

Reciprocity

OCTOBER 1, 2022

Protecting your corporate website as an enterprise risk management strategy can keep your data, customers, sensitive information, and reputation safe. Whether an organization is large or small, the client-facing website offers hackers easily exploitable vulnerabilities for ransomware or malware infections.

Risk Management 52

Risk Management Management Vulnerability Malware 52

Solutions Review

APRIL 24, 2023

The editors at Solutions Review have compiled this list of the best risk management courses on Coursera to consider if you’re looking to grow your skills. Risk management is an essential skill in the data protection space. The class outlines the relationship between assets, vulnerabilities, threats, and risks.

Risk Management 52

Risk Management Management Disaster Recovery Cybersecurity 52

Solutions Review

SEPTEMBER 9, 2021

Solutions Review’s listing of the best risk management software is an annual mashup of products that best represent current market conditions, according to the crowd. To make your search a little easier, we’ve profiled the best risk management software providers all in one place. The Best Risk Management Software.

Risk Management 98

Risk Management Management Audit Hospitality 98

LAN Infotech

MAY 4, 2021

Making Ongoing Risk Management an Operational Standard. While there are several pieces to this puzzle, the most important one, considering today’s threat landscape, is ongoing risk management. It also requires making ongoing risk management an operational standard for your business. billion in value.1

Risk Management 61

Risk Management Management Cybersecurity Vulnerability 61

Fusion Risk Management

FEBRUARY 16, 2023

A ccording to Deloitte’s global third party risk management survey 2022 , 73% of respondents reported having a high level of dependency on third parties – a nd that reliance is predicted to continuously increase which , in turn, means ongoing related challenges.

Risk Management 52

Risk Management Management Outsourcing Mitigation 52

IBM Business Resiliency

MAY 20, 2021

Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers. Here are four ways to build a cohesive risk management strategy that you can use to proactively prevent and mitigate risks across the supply chain. No supply chain is without risk.

Risk Management 96

Risk Management Resilience Management Benchmark 96

LogisManager

JANUARY 2, 2024

Thinking Forward: Managing Third Party Risk for 2024 & Beyond Last Updated: January 2, 2024 In the world of third-party risk management, companies have long been accustomed to doing things the old way, navigating through fragmented processes and siloed approaches. Successful Third Party Risk Programs Focus On: 1.

Management 104

Management Strategic Risk Management Mitigation 104

LogisManager

JANUARY 4, 2022

Risk Management Approach for an Organization? There are many different terms for integrated risk management (IRM); GRC (governance, risk and compliance), as well as ERM (enterprise risk management) are two acronyms commonly used interchangeably with IRM. What is Integrated Risk Management?

Risk Management 52

Risk Management Management Activation Government 52

LogisManager

MARCH 19, 2024

These incidents highlight the vulnerabilities introduced by remote work, such as the use of unsecured networks and devices, which can leave gaps for cybercriminals to exploit. It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements.

Cybersecurity 59

Cybersecurity Risk Management Vulnerability Mitigation 59

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. Risks for all business scandals, like the one at Colonial Pipeline, are always known months in advance, making the consequences preventable. With strong Enterprise Risk Management (ERM), nearly 100% of all liabilities can be avoided. Data Governance.

Risk Management 64

Risk Management Management Authentication Hospitality 64

everbridge

MAY 3, 2024

This regulatory framework lays the foundation for an efficient and agile risk management framework, compelling organizations to enhance their ICT risk management policies and procedures. The way forward Fostering a culture of resilience and risk management across the organization can be challenging.

Resilience 52

Resilience Risk Management Change Management Communications 52

NexusTek

JANUARY 17, 2024

Capitalizing on human error and a host of other vulnerabilities, threat actors increasingly exploit weak links in supply chains to gain access to bigger targets up the chain. Understanding Supply Chain Cyber Risk The increasingly digital nature of supply chain relationships has caused the associated cyber risks to skyrocket.

Management 85

Management Malware Risk Management Cybersecurity 85

LogisManager

MARCH 19, 2024

These incidents highlight the vulnerabilities introduced by remote work, such as the use of unsecured networks and devices, which can leave gaps for cybercriminals to exploit. It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements.

Cybersecurity 52

Cybersecurity Risk Management Vulnerability Mitigation 52

LogisManager

FEBRUARY 13, 2024

If your policy management program is fragmented across different systems, the likelihood of non-compliance will significantly increase, opening the door for operational inefficiencies, increased risks, and reputational damage. But they’ll never deliver their designed impact if nobody follows them.

Management 105

Management Vulnerability Mitigation Strategic 105

MHA Consulting

NOVEMBER 16, 2023

Geopolitical risk is arguably at the highest level it’s been in 50 years. Try a Dose of Risk Management A World in Tumult There’s a consensus among the key executives I’ve talked to recently: the current global environment contains more risk for organizations than at any time in the last half century.

Mitigation 55

Mitigation Risk Management Vulnerability Sports 55

Plan B Consulting

JUNE 11, 2020

This week I look at risk management in response to the ongoing COVID-19 outbreak and Black Lives Matter movement. I wanted to write about risk management and what I perceive is a massive failure of the process and implementation in ensuring that organisations were ready for a pandemic.

Risk Management 52

Risk Management Management Pandemic Civil Emergency 52

Plan B Consulting

JUNE 11, 2020

This week I look at risk management in response to the ongoing COVID-19 outbreak and Black Lives Matter movement. I wanted to write about risk management and what I perceive is a massive failure of the process and implementation in ensuring that organisations were ready for a pandemic. Pandemic an identified risk.

Risk Management 52

Risk Management Management Pandemic Civil Emergency 52

LogisManager

JANUARY 22, 2024

Successful leaders in the IT Governance space will proactively identify and mitigate threats before they can be exploited. Additionally, a keen understanding of your current IT Risk Maturity will be crucial in moving from a reactive approach to a proactive one.

Government 105

Government Cybersecurity Risk Management Corporate Governance 105

MHA Consulting

MAY 18, 2023

For most entrepreneurs, worrying about risk takes a back seat to bringing in revenue and building their company’s brand. But as their companies grow, business owners can and should start becoming more proactive about mitigating risk. We have multiple layers of mitigation and protection across all facets of the organization.

Mitigation 92

Mitigation Risk Management Consulting BCM 92

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

LogisManager

DECEMBER 12, 2023

Chief Risk Officers, Risk Committees, and Board Members need to be able to visualize the results of metric collection activities over time. This enables proactive risk management by identifying patterns, outliers, and potential areas of concern, allowing for strategic decision-making and resource allocation.

Strategic 59

Strategic Corporate Governance Risk Management Mitigation 59

LogisManager

JANUARY 2, 2024

Thinking Forward: Managing Third Party Risk for 2024 & Beyond Last Updated: January 2, 2024 In the world of third-party risk management, companies have long been accustomed to doing things the old way, navigating through fragmented processes and siloed approaches. Successful Third Party Risk Programs Focus On: 1.

Management 52

Management Strategic Risk Management Mitigation 52

MHA Consulting

MARCH 2, 2023

Inherent risk is the danger intrinsic to any business activity or operation. Residual risk is the amount of risk that remains in an activity after mitigation controls are applied. Putting it in mathematical terms: (Inherent risk) – (the risk eliminated by your mitigation controls) = residual risk.

Mitigation 75

Mitigation BCM Acceptable Risk Risk Management 75

LogisManager

DECEMBER 12, 2023

Chief Risk Officers, Risk Committees, and Board Members need to be able to visualize the results of metric collection activities over time. This enables proactive risk management by identifying patterns, outliers, and potential areas of concern, allowing for strategic decision-making and resource allocation.

Strategic 52

Strategic Corporate Governance Risk Management Mitigation 52

MHA Consulting

FEBRUARY 9, 2023

Risk transference is one of the four main strategies organizations can use to mitigate risk. Try a Dose of Risk Management Wise organizations determine how much risk they will accept then make conscious efforts to bring their risk down below that threshold.

Insurance 87

Insurance Insurance Outsourcing Mitigation 87

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. Security risks aren’t the only type of risk that organizations face.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

everbridge

DECEMBER 19, 2023

Lessons Learned: Exploration of Cybersecurity Vulnerabilities: In 2023, a surge in cyberattacks exposed vulnerabilities across various sectors. These incidents highlighted the vulnerability of such systems to cyber threats, necessitating urgent security enhancements.

Management 59

Management Travel Vulnerability Cybersecurity 59