Global Resilience Federation’s Post

Valuable insights into your third-party risk management (TPRM) program. Increasingly more businesses rely on third parties for data storage and contracting, therefore making a secure supply chain a must-have for your organizations’ compliance. Comprehending the authentic business risks arising from our third-party associations and effectively mitigating them to an acceptable level can reduce the likelihood of encountering unforeseen expenses, reputational harm, and other incidents. Don't miss our upcoming webinar 'Effectively Manage Third Party Risk' with Suzy Buffong from Acuity Risk Management Ltd and Jeffrey Wheatman from Black Kite who has extensively worked in the field of cybersecurity and risk management field. 📆 Register now: https://lnkd.in/eQPnKKsg #AcuityRM #RiskManagement #Webinar

Crisis24 will be at ASIS Europe - From Risk to Resilience 2024 in Vienna, March 20-22. Join us for informative speaker sessions, stop by our booth to discuss how Crisis24 risk management platforms are revolutionizing the industry, and meet the Crisis24 team. Learn more: https://ow.ly/U2xo50Qx1IR. #ASISEurope #RiskIntelligence

Traditional risk assessments, while once reliable, are now showing shortcomings in addressing the evolving landscape of risks. Let's delve into three pitfalls. 🔄 Static Nature: Traditional assessments often fail to adapt to dynamic risks, relying on outdated data. 🔍 Limited Scope: Focusing mainly on financial risks leaves blind spots in areas like reputation and cybersecurity. 📉 Lack of Predictive Analysis: Past incidents may not effectively predict future risks in today's rapidly changing environment. To enhance resilience, organizations must embrace innovative approaches, integrating real-time data and a comprehensive view of all risks. Ready to revolutionize your risk management? Explore advanced solutions for a holistic strategy. Visit ModernWealthLLC.com for a game-changing approach to risk management. #RiskRevolution #FutureProofYourBusiness #ModernWealth #Innovation

When it comes to managing vendors, one of the most effective strategies is to categorize them based on risk. Why is this important? Categorizing vendors helps prioritize our risk management efforts, ensuring that we allocate our resources effectively to tackle the most significant threats. Start by assessing each vendor’s operational impact, data access, compliance history, and financial stability. This assessment allows us to classify vendors into different risk levels. For instance, high-risk vendors might require more frequent audits and stringent security measures. On the other hand, lower-risk vendors can typically be monitored with standard procedures. By adopting this focused approach, we can create a more efficient risk management strategy that doesn’t overwhelm our resources while still addressing key vulnerabilities. How does your organization categorize vendors by risk level? #VendorRiskManagement #RiskCategorization #Prioritization #Compliance #OperationalEfficiency #RiskAssessment #VendorManagement #RiskMitigation

Will you be attending Gartner Security & Risk Management Summit 23-25 September this year?   LastPass will be onsite at booth 531 together with Mike Kosak, Senior Principal Intelligence Analyst. Don't miss Mike's Theatre Session 'How To Scale A Threat Intelligence Program Across Your Organisation' in Theatre 2 on Monday 23rd September at 1.20pm and pick up tips including: ▶ How businesses can scale threat intelligence tailored to unique needs ▶ How to leverage people, process, and technology in any sized organisation to protect your business using threat intelligence Register now to join us 👉🏻 https://lnkd.in/evRcUMvT FOMO hitting hard? If you can't join us onsite, why not join Mike's virtual open door session on Thursday 3rd October at 4.30pm. You can register to attend here 👉🏻 https://lnkd.in/exVi_A33 Looking forward to seeing you there!

In today's unpredictable environment, managing risk is crucial for business success. Our Risk Mitigation services are designed to safeguard your business from potential threats and uncertainties, ensuring you stay resilient and prepared. Here’s how we can help: 🔍 Identify Potential Risks: We analyze your operations to pinpoint vulnerabilities and threats. ⚙️ Develop Tailored Strategies: Craft effective strategies to minimize risks and protect your assets. 📊 Implement Best Practices: Apply industry-leading practices to strengthen your risk management framework. 🚀 Enhance Resilience: Build a robust plan to quickly adapt and recover from unexpected challenges. Don’t wait for risks to become problems—be proactive and secure your business’s future with our expert services. Contact us today to learn more! - 🌐 https://lnkd.in/grZhfdwq . . . . #riskmanagement #businessresilience #riskmitigation #protectyourbusiness #businesssuccess #riskassessment #tailoredstrategies #industrybestpractices #resilientbusiness #businesscontinuity #riskanalysis #strategicplanning #riskreduction #adaptability #businesssecurity #riskmanagementsolutions #threatprevention #uncertaintyplanning #resiliencebuilding #proactivebusiness

Keep Your Business Safe with Smart Risk Management! Managing risk isn’t just about avoiding problems—it’s about staying ahead of them. At Innovex Consulting, we help you spot potential threats before they become real issues, so your business can stay strong and compliant. We focus on uncovering hidden risks like market changes and operational hiccups that might not be immediately obvious. Our goal is to update your internal controls to prevent fraud and errors, and to keep you on top of regulatory requirements, avoiding fines and legal troubles. We also work to streamline your processes to keep everything running smoothly, shifting from fixing problems after they happen to preventing them in the first place. And when the market changes rapidly, we help you adapt quickly with fresh strategies. Here’s how we can support you: We start with a thorough risk analysis to identify and understand your biggest threats. Then, we evaluate your current controls and suggest ways to strengthen them. We’ll develop custom strategies to minimize risk and boost resilience, keep you aligned with all necessary regulations, and fine-tune your operations to reduce vulnerabilities. Plus, we offer ongoing checks to ensure you’re always prepared. Let’s chat about how Innovex Consulting can make your business safer and more successful. Contact us today! https://lnkd.in/ddw5hWdB #RiskManagemen #InternalControls #BusinessResilience #Compliance #OperationalExcellence #FinancialSecurity #InnovexConsulting

Throughout Gartner Security & Risk Management Summit, Gartner experts set up CISOs and cybersecurity leaders with mission-critical research and insights to explore the evolving landscape of digital risks and strategies for resilience. During Day 3, insights shared an outlook on cybersecurity and risk management tactics for 2024. Read all the highlights from Day 3 now: https://gtnr.it/secna24p

Let’s talk about something we all face: risk. It’s inevitable, but how you manage it truly defines your success. With 60% of companies facing unexpected disruptions, having a proactive risk management strategy is more crucial than ever. It’s not about waiting for issues to arise; it’s about anticipating them and having a solid plan in place before they become a threat. A strong risk management approach means identifying potential risks early, assessing their impact, and developing comprehensive mitigation strategies. Whether it's supply chain disruptions, cybersecurity threats, or market volatility, the key to resilience lies in preparation.What’s your approach to anticipating and mitigating risks? Are you actively reviewing and improving your risk management strategies? #RiskManagement #BusinessContinuity #RiskMitigation #CorporateResilience #ProactiveStrategy #CrisisManagement

We understand that managing risks can feel overwhelming, but it doesn’t have to be. We don’t just manage risks—we help you stay ahead of them. From uncovering hidden threats to tightening your internal controls, we ensure your business is protected and compliant. Ready to strengthen your risk management? Let’s discuss how we can boost your business resilience. Contact us today! https://lnkd.in/ddw5hWdB #RiskManagement #InternalControls #BusinessResilience #Compliance #OperationalExcellence #BusinessProtection #InnovexConsulting