Assessing Residual Risk in Your BCM Program
April 23 @ 2:30 pm - 3:45 pm EDT
MHA Consulting CEO Michael Herrera will be speaking on the topic of Assessing Residual Risk in Your BCM Program at the 16th Annual Continuity Insights Management Conference in Miami, Florida on April 23, 2018.
You have addressed compliance, but do you know where the greatest residual risk lies in your program? The assessment of residual risk (the risk remaining in your plans after all mitigating actions have been taken into consideration) gives you the opportunity to identify where your greatest exposures exist as well as where you may have over-planned. In this session we will discuss the connection between compliance and residual risk, understanding residual risk and the key components of risk tolerance, inherent risk, threat landscape, and mitigating controls. We’ll also look at the benefits of understanding the residual risk in your program, managing risk appetite, plan mitigating controls, and potential ways to target your efforts to minimize risk in your program.
“For years, we’ve been working with clients to assure the availability of services,” said Michael Herrera. “I am thrilled to have this opportunity to share this methodology for assessing the residual risk that may remain in your program.”