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How Integrated Risk Management Solutions Protect Organizations
Risk awareness, mitigation, and management are integral to solid cybersecurity and business performance in the modern business climate. Organizations need an active approach that supports risk-informed decision-making at every level to succeed at risk management. This is where integrated risk management comes into action. The term “integrated risk management” (IRM), first coined by research group […]
August 17, 2022
What Is Automated Regulatory Intelligence?
Modern organizations face an unprecedented pace of regulatory change, especially in the financial industry and in sectors such as healthcare, manufacturing, and energy. These rules and regulations are meant to protect consumers, prevent exploitative industrial practices, and ethical corporate behaviors. Keeping up with that pace of change, however, can tax even sophisticated businesses. To manage […]
August 16, 2022
Supply Chain Visibility: What is it and Why is it Important?
Supply Chain Visibility: What Is it and Why Is it Important Modern supply chains depend on speed, precision, and data. Yet without real-time supply chain visibility, organizations struggle with poor inventory management, rising costs, and missed delivery targets, all of which impact customer satisfaction. Supply chain visibility (SCV) connects data sources across the global supply […]
August 15, 2022
Key Principles of Operational Risk Management
Operational risk is any risk that arises from your company’s business processes and could result in financial loss or disruption to your ability to serve customers. Operational risk management (ORM) is the art of protecting your company from such risks and minimizing any damage that may occur. ORM began in financial institutions and became streamlined […]
What Does a Compliance Management System Look Like?
For the modern financial institution, your compliance management system needs to incorporate cybersecurity monitoring to effectively limit compliance risk.
Tags: Compliance, Risk Management
What is Cyber Threat Intelligence?
As the cybersecurity threat landscape evolves, attack vectors are becoming more sophisticated and widespread. Cybercriminals are also constantly improving their tradecraft. To guard against these sophisticated and malicious adversaries, you must actively seek out and mitigate cyber threats before they can cause too much damage. This is where threat intelligence comes in. Threat intelligence – […]
July 28, 2022
What is a Chief Risk Officer (CRO) & Why Does Your Organization Need One?
All organizations have a team of C-suite executives to set strategy and run the business. Typically that group looks quite similar from one organization to the next, with the chief executive officer, chief technology officer, and chief financial officer among the most important. But do you also have a chief risk officer? Do you even […]
What is Cyber Governance?
Modern organizations operate in a challenging threat landscape. It’s impossible to eliminate all the threats that might affect their systems, data, or people, but organizations can minimize the possibility that these threats result in catastrophic damages. This is where strong cybersecurity and robust cybersecurity governance come in. Cybersecurity and cybersecurity governance go hand in hand […]
What is the Risk Management Process?
Enterprise risk management (ERM) is the process of identifying, assessing, managing, and monitoring potential risks. Its overarching goal is to minimize the harm that risks might cause an organization. Most organizations do face many risks, after all. Examples include cyber attacks, data breaches, operational disruptions, system failures, economic or political crises, and natural disasters. With […]
Tags: Risk Management
July 27, 2022
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