Operational Risk Consultant: A Cool Job of the Future
Our current environment of rising global uncertainty is spurring organizations’ interest in business continuity and operational risk management. As a result, the position of operational risk consultant appears likely to become one […]
What Service Providers Need to Know About Supply Chain Risk Management
Many service providers tune out talk about supply chain risk management since they think the issue only affects manufacturers and retailers. In fact, service providers are also vulnerable to vendor disruptions and […]
How to Help Your Organization Get Through a Ransomware Attack
Ransomware attacks are increasing in frequency and severity. As a business continuity professional, there are steps you can take before and during such an attack to help your organization get through with […]
A Sample Threat and Risk Assessment: The Case of Acme Widget Corp.
A picture is worth a thousand words, and an example might be worth a thousand pictures. In today’s post, we present a sample Threat and Risk Assessment. The original of this TRA was for […]
Think Defense: Learning from the Defense Dept. About Operational Risk
Business continuity professionals can learn a lot from the U.S. Dept. of Defense’s approach to operational risk management. In today’s post, I’ll summarize the DOD’s five-step approach to ORM and explain how […]
Checking It Twice: The Corporate Risk Mitigation Checklist
In recent posts, we’ve been talking about how important it is for organizations to reassess their risks as the economy opens up. Today, we provide a tool to help in doing that: […]
Know Your Gaps: Manage Residual Risk to Keep Your Company Safe
Over the past 18 months, most organizations have made changes to their business continuity plans to increase their resiliency. Unfortunately, few have taken the critical next step of measuring and managing the […]
“Pay Up or Else”: How to Be Ready for a Ransomware Attack
Over the past year, the COVID-19 pandemic has siphoned attention away from many other problems, including that of ransomware attacks—but organizations are still being locked out of their systems by hackers and […]
Every Single Day: Make Risk Management Part of Your Company’s Culture
The recent blockage of the Suez Canal was a rare event that pointed up the need for companies to undertake a certain vital activity every single day: risk management. In today’s post, […]
8 Oversights That Can Bring Your Operations to a Standstill
Events in Texas this week drew attention to what could happen to companies that are unprepared for a lengthy power outage. But this is only one of many types of failure to […]
Vulnerable Vendors: Supplier Weaknesses Put Your Organization at Risk
A look at the risks companies are exposed to through vulnerable vendors and some ideas on how organizations can plug the gaps and increase their security.
Types of Risk: Don’t Forget to Keep Tabs on Your Long-Term Risks
The challenges of the COVID-19 pandemic have understandably monopolized most business continuity professionals’ attention over the past six months. In today’s post, I want to remind you of what the five types […]