MHA Consulting

MARCH 14, 2024

Risk can never be eliminated but it can be mitigated. In today’s post, we’ll take a look at how organizations can get started using Enterprise Risk Management (ERM) to reduce their exposure and improve their resilience. Risk can never be completely removed, but it can be mitigated. ERM is all about reducing.

Risk Management 52

Risk Management Management All-Hazards Mitigation 52

Zerto

APRIL 6, 2023

Risk management describes how a business identifies, analyzes, and responds to threats and risk factors that impact its profitability, viability, and strategic goals. Risk management attempts to control future threats by planning preemptively and deploying effective risk-control measures.

Risk Management 91

Risk Management Management Disaster Recovery Impact Analysis 91

LogisManager

JANUARY 11, 2024

Thinking Forward: Enterprise Risk Management for 2024 & Beyond Last Updated: January 11, 2024 Going into 2024, practitioners and managers of Enterprise Risk Management programs are under more pressure than ever.

Risk Management 52

Risk Management Management Corporate Governance Government 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. Failing to implement an ERM program under these circumstances is negligence.

Banking 98

Banking Risk Management Management Corporate Governance 98

Zerto

SEPTEMBER 21, 2023

So far, we have covered risk identification , risk analysis , and risk controls. All these steps will be used to create a risk map. What Is a Risk Map? Each risk is then assigned a score based on its likelihood and impact, with high-risk items located in the upper-right quadrant of the map.

Risk Management 96

Risk Management Management Mitigation Backup 96

LogisManager

APRIL 14, 2024

Four Impactful Risk Reporting Presentations to Maximize Board Engagement Last Updated: April 14, 2024 The Dual Goals of Risk Management Reporting Risk management is a complex and crucial aspect of organizational governance.

Strategic 103

Strategic Risk Management Mitigation Government 103

Zerto

JULY 12, 2023

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.

Risk Management 79

Risk Management All-Hazards Management Mitigation 79

everbridge

MARCH 20, 2024

By Eric Boger, VP Risk Intelligence It has become increasingly evident that the complexities and challenges that defined the risk landscape of 2023 will almost certainly persist throughout 2024 and beyond. We are in an age of both poly crisis and perma crisis.

Risk Management 52

Risk Management Management Mitigation Evaluation 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

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

OCTOBER 31, 2023

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.

Risk Management 52

Risk Management Audit Management Banking 52

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

Solutions Review

SEPTEMBER 14, 2021

The editors at Solutions Review have compiled this list of the best Risk Management courses on Udemy to consider taking. Risk management is an essential skill in the data protection space. This list of the best risk management courses on Udemy below includes links to the modules and our take on each.

Risk Management 98

Risk Management Management Government Vulnerability 98

Fusion Risk Management

OCTOBER 7, 2021

Risk management is typically discussed under two categories: Governance, Risk, and Compliance (GRC) or Integrated Risk Management (IRM). Protecting Enterprise Strategy. Now that we have established a baseline around industry concepts, some risk perspectives have become center stage in the past few years.

Risk Management 98

Risk Management Management Strategic Fashion 98

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

LogisManager

DECEMBER 5, 2023

The Importance of Risk Analytics Last Updated: December 5, 2023 The Importance of Risk Assessment and Management In the dynamic landscape of business, the importance of risk assessment and management cannot be overstated. The interconnected nature of risks is known as risk ripple.

Risk Management 103

Risk Management Audit Impact Analysis Evaluation 103

LogisManager

MAY 11, 2023

Echo covers her story of starting out as a one-person risk management department to building out the robust department she oversees today, and speaks to how she leveraged LogicManager to demonstrate the importance of supporting risk management resources to her board of directors.

Risk Management 52

Risk Management Banking Management 52

LogisManager

JANUARY 5, 2023

Customer Value Story: Integrating Risk Management and Incident Management. As a large, nonprofit healthcare provider, Winona Health manages more than 3,000 incidents annually and has more than 1,000 employees that need to report or manage these incidents. Winona Health: Case Study Company Profile. Company Size.

Risk Management 52

Risk Management Management Healthcare Hospitality 52

Reciprocity

MARCH 24, 2022

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

LogisManager

MARCH 7, 2024

To effectively manage these challenges and opportunities, insurance companies need to adopt a holistic and proactive approach to risk management. This is where Enterprise Risk Management (ERM) software can help. How does ERM Software help insurance companies?

Insurance 104

Insurance Insurance Strategic Risk Management 104

Castellan

AUGUST 24, 2022

The report points out the growing interconnected risks that now exist between organizations, their vendors, partners, and third parties. While third-party risks have always existed, it became a harsh reality for many organizations when, in 2020, hackers targeted SolarWinds, an information technology company. Headline-making Breaches.

Risk Management 52

Risk Management Management Audit Resilience 52

Fusion Risk Management

FEBRUARY 16, 2023

In fact, over the past several years, the topic of third-party risk, as it relates to heightened challenges around management efforts, has become a major point of discussion. This was the objective of our latest innovations to Fusion’s third-party risk management solution.

Risk Management 52

Risk Management Management Outsourcing Mitigation 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. Everything BC does is about reducing risk; in this way its priorities dovetail with those of the risk management folks. It’s easy to see why.

BCM 88

BCM Risk Management Business Continuity Strategic 88

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

Solutions Review

OCTOBER 13, 2021

The editors at Solutions Review have compiled this list of the best risk management courses on Pluralsight to consider taking. . Risk management is an essential skill in the data protection space. This list of the best risk management courses on Pluralsight below includes links to the modules and our take on each.

Risk Management 52

Risk Management Management Continuity Planning Business Continuity 52

LogisManager

JANUARY 16, 2024

A Guide to RCSA Last Updated: January 16, 2024 Businesses can enjoy many advantages when they perform a risk control self assessment (RCSA) to identify weaknesses in their operation. To help you understand what an RCSA consists of and its benefits, we are breaking down the ins and outs of these assessments in this guide.

Risk Management 52

Risk Management Mitigation Continual Improvement Audit 52

LogisManager

DECEMBER 12, 2023

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

Strategic 59

Strategic Corporate Governance Risk Management Mitigation 59

LogisManager

DECEMBER 5, 2023

The Importance of Risk Analytics Last Updated: December 5, 2023 The Importance of Risk Assessment and Management In the dynamic landscape of business, the importance of risk assessment and management cannot be overstated. The interconnected nature of risks is known as risk ripple.

Risk Management 52

Risk Management Audit Impact Analysis Evaluation 52

LogisManager

OCTOBER 19, 2023

Additionally, there will be an over-arching requirement for these banks to adopt the 3 Lines of Defense Risk Management Strategy. What Changes Can Banks Expect When delving into some of the specific changes banks can expect to see, the frequency of risk appetite statements will come into focus.

Banking 98

Banking Corporate Governance Audit Risk Management 98

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 Risks: A Working Definition.

Risk Management 52

Risk Management Management Travel Scenario Planning 52

Solutions Review

SEPTEMBER 30, 2021

The editors at Solutions Review highlight what’s changed since the last iteration of Gartner’s Magic Quadrant for IT Risk Management and provide an analysis of the new report. has released its 2021 Magic Quadrant for IT Risk Management. Federal compliance regulations for the assessment and authorization of systems.

Risk Management 52

Risk Management Management Cybersecurity Marketing 52

LogisManager

FEBRUARY 20, 2024

In today’s see-through economy, it is especially important to assess and enhance the effectiveness of an organization’s risk management, control, and governance processes. Learn how to conduct risk assessments the right way, communicate effectively on an enterprise level, and monitor key metrics over time.

Audit 105

Audit Evaluation Government Cybersecurity 105

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. Business Continuity.

Risk Management 64

Risk Management Management Authentication Hospitality 64

LogisManager

DECEMBER 12, 2023

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

Strategic 52

Strategic Corporate Governance Risk Management Mitigation 52

MHA Consulting

JUNE 2, 2022

One of the best tools for assessing and reducing risk is a risk management matrix. Today’s blog provides an example of such a matrix and explains how and why to … The post Enter the Matrix: Why You Should Employ a Risk Management Matrix appeared first on MHA Consulting.

Risk Management 86

Risk Management Management Consulting 86

Pure Storage

JANUARY 11, 2024

The FCA, BoE, and PRA have adopted a very comprehensive approach to crafting and implementing OR policies, which is also designed to manage systemic risks posed by “critical third parties.” Enterprise-wide impact: Unlike previous approaches to cybersecurity, compliance with DORA is not solely an IT issue.

Resilience 117

Resilience Financial Services Banking Cybersecurity 117

LogisManager

AUGUST 24, 2023

Stay On Top Of The Latest From The SEC 2023 Overview In keeping up with the evolving regulatory landscape from the SEC , we’re here to discuss the latest set of rules regarding Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure by Public Companies.

Cybersecurity 52

Cybersecurity Risk Management Government Response Plan 52