Risk Management

Did you know that more than 72% of businesses are not equipped to fulfill their Recovery Time Objective (RTO) expectations? Incidents and disasters can occur at any time and derail businesses quite easily. And organizations must safeguard themselves against theft, power outages, corrupted hard drives and servers, ransomware, cyber attacks, and natural disasters.  But how…

As security professionals, we all understand the sinking feeling that comes with a potential infosec or operational risk event. Reports substantiate this anxiety too— as per a report by Mckinsey businesses across the globe lost over 600 billion dollars as a result of 65,000 risk events between 2017 and 2021.    But what keeps you up…

A 2022 survey on Enterprise Risk Oversight found that 60% of respondents believe the volume and complexity of risks have increased recently. However, only about a third of organizations have comprehensive Enterprise Risk Management (ERM) processes in place. This is largely because there are no clear, universal rules for implementing ERM. So, what is enterprise…

Maintaining constant oversight and proactively responding to threats remains one of the biggest challenges for most security professionals. And while they do go that extra mile to strengthen their security posture and minimize any damage, no effort in this regard can be truly effective without strong Key Risk Indicators or KRIs in place. A KRI…

In a recent Gartner survey, 84% of the respondents (who were risk committee members) claimed that third-party risk gaps highly disrupted their business operations.  Any organization that relies on third-party vendors for critical business functions should develop and maintain an effective Third-Party Risk Management policy. A strong third-party management policy can go a long way…