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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

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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.

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Four steps to build a more transparent and resilient supply chain through risk management

IBM Business Resiliency

With leaner supply chain management techniques and approaches like outsourcing, offshoring, just-in-time inventory and vendor managed inventory, disruption has worldwide consequences. Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers.

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Introducing Fusion’s New Argos Risk Integration

Fusion Risk Management

Third – party risk management (TPRM) continues to be a focus area for both regulated and non-regulated entities alike in the operational resilience landscape. The reason being that t hird parties often introduce added risk to organizations outside the scope of their direct control. .

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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

Since the pandemic’s start, the world has continued to demonstrate that disruption is happening and only increasing in frequency and complexity. The old way of managing risk and resilience programs is no longer effective or efficient, and regulators have taken note. Risk Management.

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What is the difference between a disaster recovery plan and a business continuity plan?

SRM

The remit of a BCP stretches beyond data security and incorporates an entire range of potential challenges that could be faced by a company, including fire, flood, theft or even a pandemic. If the current answer is no one, it’s important to task an individual, team or outsourced organisation with your company’s security protection.

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Fostering Collaboration with Your Third Parties

Fusion Risk Management

In today’s post-pandemic world, we’ve likely all learned a few things about how we conduct business and, at times, the frailties of the world in general. Ideally, a business should compare the third party’s pandemic plan versus actual performance. Solutions Customer Summit Series.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

We are faced with many risks that can disrupt our livelihood and can jeopardize our existence. Regardless of their nature, weather-related events that cause havoc in our communities, pandemics that can wipe us out, or cyber-related incidents that can potentially shut-down our technology, these events require us to be more resilient.