Recently in Business resiliency and sustainability Category

An in-depth investigation by the non-profit analysis organization RAND reveals that hackers and their attacks are maturing at a much more rapid pace than organizations' cybersecurity programs. Hackers now regularly and successfully plan sophisticated attacks to gain valuable information from large, well... Read More..
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ERM Software in ActionAs discussed in part 1 of this blog series, many businesses do not formally recognize their critical risk networks. Without proper acknowledgment, fundamental risks remain essentially invisible. That being said, it's vital to create conditions that enable a useful... Read More..
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A survey conducted by APQC found that in the past two years, 75% of companies were hit by at least one major unexpected disruption to their supply chain, defined as an incident with the capability of preventing a business... Read More..
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A study published last week sponsored by Tripwire and conducted by the Ponemon Institute found that while over 80% of security and risk professionals consider their organization's commitment to risk-based security management significant, less than 30% had a formal risk... Read More..
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Increasingly, organizations across all industries are charged with managing risk in a complicated compliance environment. Over at the Credit Union Times, Danny Baker, Vice President of Product Management, Risk & Compliance at Fiserv Inc., thinks he's found a solution in the Cloud.... Read More..
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The Costa Concordia, a Carnival Cruise Line owned ship, ran aground resulting in at least 6 deaths. This is a 4,000-passenger, 115,000 -ton cruise mega-ship, with the latest and greatest technology, as it is just 5 years old. As an Enterprise Risk... Read More..
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Recently organizations have been faced with the increasing threat of cyber attacks, whether from external hackers such as lulzsec or from internal attacks such as wikileaks.  Your customers' personally identifiable information, organization's intellectual property, and confidential files are all vulnerable... Read More..
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People often associate business resiliency with IT but it's really an enterprise wide problem. Your company may be Fort Knox when it comes to technology issues, but is your company prepared if severe inflation or other risks were to... Read More..
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Everyone closely followed the BP saga that began last spring. Could this reputational and environmental catastrophe have been avoided through uncovering weaknesses in their risk management program? The disaster, which is estimated to cost the company up to $37... Read More..
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Corporations have a false sense of security about risk management due to a silo approach in assessing the threats they face. Simply run a Google search for business continuity and swine flu and you will find links to mostly IT related... Read More..
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In this blog, risk expert Steven Minsky highlights the differences between traditional risk management and true enterprise risk management, which is about helping things happen rather than preventing them from happening. Manage Tomorrow's Surprises Today is designed to help you think about risk in new ways and learn how to benefit practically from this rapidly evolving field.

Steven Minsky

Steven is the CEO of LogicManager, Inc. the leading provider of ERM software solutions. Steven is the architect of the RIMS Risk Maturity Model for ERM, author of the RIMS State of ERM Report among many other papers, and a RIMS Fellow (RF) instructor on ERM. Steven has conducted ERM and RIMS Risk Maturity Model training for hundreds of organizations around the globe. Steven is a patent author of risk and process management technology and holds MBA and MA degrees from the University of Pennsylvania’s Wharton School of Business and The Joseph H. Lauder Institute of International Management. You can reach Steven at steven.minsky@logicmanager.com.

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