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Risk Management Process- Part 1: Overview

Zerto

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.

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A step-by-step guide to implementing new technology

Online Computers

Introducing new technology in the workplace is necessary for businesses to remain efficient, profitable, and competitive. It's therefore essential to create an effective technology implementation strategy so you can leverage IT innovations with minimal obstacles. However, embracing new tech can often be difficult for users.

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Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

Debunking the Myths of Business Continuity Unlocking the Truth: Navigating 20 Myths About Business Continuity Introduction: In the dynamic landscape of modern business, the importance of business continuity cannot be overstated. Myth 2: Business Continuity Plans Are Only for Large Enterprises.

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What Is a Crisis Management Plan?

Erwood Group

Did you know that 25% of businesses never recover after a major crisis? This startling statistic underscores the importance of having a well-prepared crisis management plan in place. In this article, we’ll explore what a crisis management plan is, the benefits of implementing one, and the steps to create an effective plan.

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Money at Risk: Finance & Data Security in the Digital Age

NexusTek

READ TIME: 4 MIN April 19, 2023 Money at Risk: Finance & Data Security in the Digital Age Across industries, providing customers with superior experience is essential for success. However, the financial services industry faces unique challenges relative to customer expectations.

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7 Reasons Why Cybersecurity Fails

NexusTek

Too often cybersecurity is viewed as an IT cost rather than a business requirement. But the problem with that is: Cybersecurity, and the impacts of a lackluster implementation, is everyone’s problem. The consequences of a successful cyberattack can include: An expensive data breach The average cost was $3.86 million in 2020.

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All About BIAs: A Guide to MHA Consulting’s Best BIA Resources

MHA Consulting

We write a lot about BIAs in our blog and ebooks, and no wonder: the business impact analysis is the cornerstone of a sound business continuity program. As a reminder, the BIA is a study that organizations carry out to figure out which of their departments, business processes, and systems are the most critically time sensitive.