Risk Management

Benefits Of ERM

Top 10 Benefits Of ERM (Enterprise Risk Management)

With 70% of organizations operating from the cloud and statistics validating that no industry is immune to security risks, ERM has become a must-have for enterprises, if not essential.  Enterprise risk management forms the crux of a scaling business as it is directly connected to organizational goals. It integrates all kinds of risks faced by…
Sep 13, 2024
Risk Management Process Top 5 Steps For 2024

How to Implement an Effective Risk Management Process

Risk management should be a key focus for any project. Whether it’s stakeholder misalignment or sudden regulatory changes—no project is completely safe from risk.  Ignoring risks can result in all sorts of unpleasant setbacks and may lead to unacceptable outcomes. An example would be an organization’s vulnerability to cyber-attacks. How can you address the problem?…
Sep 13, 2024
Risk Monitoring

Risk Monitoring: From Reactive To Proactive

Imagine you’re the captain of a ship, and you spot a massive iceberg on your way ahead. Do you change course or hope for the best? How did you spot the iceberg in the first place? Gone are the days of manual monitoring, like on the Titanic; icebergs are now spotted with satellite imagery, aerial…
Sep 12, 2024
Vendor Risk assessment checklist

What is Vendor Risk Assessment – Download Checklist

December 19, 2023. Comcast, a U.S. telecom giant acknowledged that the data of 36 million Xfinity customers had been stolen because of a third-party breach. The third-party supplied security patches in October, but not all customers applied them.  Unaddressed third-party risks are often the loose ends that threat actors focus on to infiltrate organizations. Continuous…
Sep 12, 2024

Risk Management Automation: A Comprehensive Guide

Running a business involves risks—circumstances or incidents that could jeopardize your company’s capacity to continue operations. The ability to spot early signs of risk and mitigate them is essential for an organization to survive. Loss in resources and reputation can result from even the smallest elements being overlooked. Uncertain situations can probably be managed most…
Sep 12, 2024
Operational Risk Management

Operational Risk Management: Is Your Business Sitting on a Landmine of Risks?

Be it the Stone Age or the Digital Age, the stakes have always remained high. The only difference is that back then, we fought to save our lives; now, we fight to save our data. From headline-grabbing data breaches to the quiet erosion of efficiency through manual and outdated processes, operational risks are often silent…
Aug 23, 2024