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Crisis Management Quotables…on the Ones You Don’t See Coming

Bernstein Crisis Management

Plus Up Your Planning These days it’s standard crisis management best practice to focus planning on known categories of risk, along with those that can be predicted as likely to occur. This involves not just looking at known risks but also exploring emerging trends and patterns that could evolve into future crises.

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Risk Management Process- Part 3a: Risk Assessment and Risk Identification

Zerto

In the previous post of this risk management series, we covered the business impact analysis (BIA) , which is a crucial step in understanding the impact of potential disruptions to critical business processes. Now, we move on to the next critical step in the process: risk assessment , and its first stage, risk identification.

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Boost Your Risk Management Strategy with Enhanced Metric Collection, Collaboration, and Accountability

LogisManager

Boost Your Risk Management Strategy with Enhanced Metric Collection, Collaboration, and Accountability Published: February 1, 2024 LogicManager’s latest product release is designed to empower testing programs with improved metric collection and control validation, ensuring accuracy and reliability.

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What is the Three Lines of Defense Approach to Risk Management?

LogisManager

What is the Three Lines of Defense Approach to Risk Management? While this news is relevant to banks, any organization that values proactive risk identification, effective risk management, and regulatory compliance would benefit from implementing the Three Lines Model to safeguard their operations and reputation.

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Understanding Different Types and Uses of Video Surveillance Data

Security Industry Association

What data is being used and for what purpose(s) beyond security? What are the legal and regulatory concerns when video is used for non-security purposes? Consider the risk: How is risk managed? Is the risk acceptable to the people who are affected; is it compatible with their privacy and human rights?

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Strategic Risk Management

LogisManager

Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. Understanding and managing strategic risks align with the broader goal of effective governance, particularly at the board level.

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Risk Assessment vs Risk Analysis

Reciprocity

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. What is Risk? Business risk is a threat to a company’s ability to meet its objectives.