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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.

Banking 98
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What Is Risk Management?

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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?

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Making Ongoing Risk Management an Operational Standard 

LAN Infotech

Making Ongoing Risk Management an Operational Standard. No business today is 100 percent secure from cyberthreats. 1 With cyberattacks surging, due to widespread remote work and increased online interactions during the pandemic, it seems likely that this trend will only continue to grow. percent to reach nearly $43.1

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The Colonial Pipeline Hack: Failure in Risk Management

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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.

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How to Navigate the Cybersecurity Minefield of Remote Work

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According to an INTERPOL report , between January and April 2020, there was a significant increase in malicious cyber activities attributed to the pandemic shift to WFH. In 2024 alone, over 5,360 breaches have compromised more than 30 billion records, signaling a clear and present danger to organizational security.

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How to Navigate the Cybersecurity Minefield of Remote Work

LogisManager

According to an INTERPOL report , between January and April 2020, there was a significant increase in malicious cyber activities attributed to the pandemic shift to WFH. In 2024 alone, over 5,360 breaches have compromised more than 30 billion records, signaling a clear and present danger to organizational security.

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Year in Review: Key Trends in Critical Event Management

everbridge

By Eric Boger, VP Risk Intelligence As we approach the end of 2023, it’s vital to reflect on the transformative year in the field of critical event management. Simultaneously, the realm of global risk intelligence, early warning systems, and the broader scope of duty of care obligations continue to evolve.