Four Impactful Risk Reporting Presentations to Maximize Board Engagement Last Updated: April 14, 2024 The Dual Goals of Risk Management Reporting Risk management is a complex and crucial aspect of organizational governance. Its reporting serves two primary purposes: aligning risks and activities with strategic objectives and demonstrating the effectiveness of enterprise risk management (ERM) programs. Risk managers, the unsung heroes of organizations, possess a unique ability to navigate vast amounts of data to ensure optimal business performance. Boards rely on risk managers to keep them ..read more

How to Navigate the Cybersecurity Minefield of Remote Work Last Updated: March 19, 2024 While the debate over the productivity of employees working from home continues to rage, another factor that requires special attention in a hybrid or fully remote company is workplace cybersecurity. According to an INTERPOL report, between January and April 2020, there was a significant increase in malicious cyber activities attributed to the pandemic shift to WFH. These incidents highlight the vulnerabilities introduced by remote work, such as the use of unsecured networks and devices, which can lea ..read more

The Importance of Risk Management in Cybersecurity Last Updated: March 12, 2024 There’s no two ways about it – in today’s evolving digital world the growing threat of cybersecurity risks is looming over businesses large and small. While the threat to daily operations is certainly one factor that needs to be weighed, businesses also need to be concerned with the reputational risks that can come alongside a cybersecurity incident like a data breach or system hack. At LogicManger, we know the key to a successful cybersecurity program is inherently tied to an organization’s ability to infuse ..read more

Thinking Forward: Policy Management for 2024 & Beyond Last Updated: February 13, 2024 Going into 2024, Policy Management and compliance adherence are two topics within your organization that are more important than ever. The regulatory landscape has continued to evolve and seemingly brings more changes by the day. To effectively embrace a risk-based approach, your organization needs to stay on top of all these moving pieces and ensure connectivity of policies to risks across departments. While it may seem like a never-ending cycle, we have four areas of focus to help your policy manag ..read more

Bridging the Gap: How Risk Managers Empower Boards Last Updated: April 5, 2024 Welcome to the first installment of our series on presenting Enterprise Risk Management (ERM) to the board. In this dynamic era of the See-Through Economy, risk managers are the navigators who chart the course for organizations, guiding them through the unpredictable currents of uncertainty. As we embark on this journey, we will explore how risk managers can empower boards to understand and leverage ERM for safeguarding reputation and driving performance, ensuring that the strategic vision aligns with the ever ..read more

AI Survival Guide: 5 Strategies to Stay Relevant in an Evolving Business Landscape Last Updated: April 2, 2024 Artificial intelligence (AI), like a double-edged sword, evokes both awe and trepidation among businesses. On one hand, it promises to revolutionize work processes and enhance competitiveness. On the other, it threatens to displace workers and even entire companies. Business leaders find themselves at the precipice of another seismic shift, akin to the transition to remote work. Their economic survival will depend on taking a forward-thinking approach—one that harnesses AI as a ..read more

AI Survival Guide: 5 Strategies to Stay Relevant in an Evolving Business Landscape Last Updated: March 29, 2024 Artificial intelligence (AI), like a double-edged sword, evokes both awe and trepidation among businesses. On one hand, it promises to revolutionize work processes and enhance competitiveness. On the other, it threatens to displace workers and even entire companies. Business leaders find themselves at the precipice of another seismic shift, akin to the transition to remote work. Their economic survival will depend on taking a forward-thinking approach—one that harnesses AI as a ..read more

How to Navigate the Cybersecurity Minefield of Remote Work Last Updated: March 19, 2024 While the debate over the productivity of employees working from home continues to rage, another factor that requires special attention in a hybrid or fully remote company is workplace cybersecurity. According to an INTERPOL report, between January and April 2020, there was a significant increase in malicious cyber activities attributed to the pandemic shift to WFH. These incidents highlight the vulnerabilities introduced by remote work, such as the use of unsecured networks and devices, which can lea ..read more

The Importance of Risk Management in Cybersecurity Last Updated: March 12, 2024 There’s no two ways about it – in today’s evolving digital world the growing threat of cybersecurity risks is looming over businesses large and small. While the threat to daily operations is certainly one factor that needs to be weighed, businesses also need to be concerned with the reputational risks that can come alongside a cybersecurity incident like a data breach or system hack. At LogicManger, we know the key to a successful cybersecurity program is inherently tied to an organization’s ability to infuse ..read more

How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM Last Updated: March 7, 2024 What are the NAIC Strategic Priorities for 2024? The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization for the state-based insurance regulatory system. Every year, the NAIC announces its strategic priorities to address the most pressing issues affecting consumers, the insurance sector, and markets. For 2024, the NAIC has identified the following priorities: Climate Risks/Natural Catastrophes and Resilience Ins ..read more