Strengthening National Security: The Integral Role of NRMC’s Cross-Sector Risk Analysis
GRC Outlook » Risk Management
by Mona Harrington, Assistant Director, National Risk Management Center, Cybersecurity and Infrastructure Security Agency
3M ago
The Cybersecurity and Infrastructure Security Agency (CISA) National Risk Management Center (NRMC) plays a crucial role in the protection of the nation’s critical infrastructure through comprehensive cross-sector analysis. This methodical approach allows CISA to identify, analyze, and mitigate a broad spectrum of risks, bolstering the resilience and security of the United States’ essential services and assets. This article explores the importance of the NRMC’s strategies in risk management, highlighting National Critical Functions (NCFs) for cross-sector risk analysis and examining various met ..read more
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Leadership in Times of Crisis by Regina Phelps
GRC Outlook » Risk Management
by Regina Phelps, Founder - President - CEO, Emergency Management & Safety Solutions
4M ago
Introduction Successful crisis management doesn’t just happen by accident. Being ready to meet the moment requires two things from all of us in the fields of Risk Management, Enterprise Resiliency and Crisis Management: Be in a constant state of readiness. Since you won’t know the precise nature of the crisis in advance (timing, location, or specifics required at the time), people who may be managing a crisis must always be in a constant state of readiness, as near to instantaneous as possible. Think in terms of “instant-on.” Have a wide range of contingencies at your disposal so you will be ..read more
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Navigating Compliance Risks in Robotics Applications within EU and US Legal Frameworks
GRC Outlook » Risk Management
by Wanda R. Lopuch, Compliance Risk in Robotics Applications, EU & US
4M ago
New Technologies in the European Union and the United States In the realm of technological innovation, robotics stands out due to its rapid growth and transformative potential. However, this potential brings a myriad of compliance risks, particularly when navigating the complex legal landscapes of the European Union (EU) and the United States (US). Below, I explore these risks, focusing on the divergent legal frameworks of the EU and the US and the challenges they pose to robotics applications. EU Legal Framework and Compliance Risks The European Union’s approach to robotics is characterized b ..read more
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Embracing Uncertainty: A Dynamic Approach to Risk Management
GRC Outlook » Risk Management
by Alex Kaplunov Tov, Vice President Of Business Development, RentSafe
4M ago
In an era of rapid technological advancement and geopolitical flux, risk management has never been more critical. Yet, as the landscape grows increasingly complex, traditional risk management strategies often fall short. Today’s risk management professionals must navigate this uncertainty, moving beyond static checklists to cultivate resilience within their organizations. The Synergy of Risk Historically, risk management has been siloed, with a focus on compliance and technical vulnerabilities. This approach fails to account for the interconnected nature of risk within the broader business eco ..read more
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Risk Management for Schools
GRC Outlook » Risk Management
by Gary L. Sigrist, CEO and President, Safegard Risk Solutions
4M ago
The word safety is used to refer to a condition where someone or a thing is protected from causes that are likely to cause harm to them. The word security means protecting organizations/people against threats/danger. Risk management is crucial for maintaining a safe environment in schools. It involves identifying potential risks, assessing their impact, and implementing strategies to mitigate or eliminate them. Here are some key areas to consider when developing a risk management plan for schools to keep students and staff safe: Identify and Assess Risks:  Conduct a thorough risk assessme ..read more
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GRC in Action
GRC Outlook » Risk Management
by Changiz Sadr, Chief Compliance Officer, Cyber Security Global Alliance
7M ago
Introduction In today’s rapidly evolving business environment, organizations face an unprecedented array of challenges and opportunities. From shifting regulatory landscapes to emerging risks, the complexities of modern business demand a comprehensive and agile approach to governance, risk management, and compliance (GRC). GRC is not an isolated function within an organizations; it is a philosophy that should permeate every facet of an enterprise. It is the embodiment of our commitment to doing business in a way that not only meets regulatory requirements but also creates a positive impact on ..read more
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Risk Intelligence: Balancing The Science and Art
GRC Outlook » Risk Management
by Wanda Lopuch, Chair of the Governance, Nominating & ESG Committee, Board Director, HEVO
7M ago
Introduction In an era defined by rapid change and perpetual uncertainty, risk intelligence emerges as a pivotal framework for navigating toward relative clarity. Central to this concept is a key tenet of the business world: where there is risk, there invariably lies opportunity. This interplay between risk and reward shapes the innovation and growth landscape. Risk intelligence transcends mere technical proficiency, representing a deeply human endeavor that melds data-driven insights with intuitive foresight. It’s about discerning subtleties in data and perspectives, not just recognizing pot ..read more
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Better Positioning You to Navigate the Modern Day Risk Proportion
GRC Outlook » Risk Management
by GRC Outlook
8M ago
Human beings have always had plenty of abilities in their back pocket, but at the same time, none can claim to be as defining as our ability of improving at a consistent pace. We say this because the stated ability has already fetched the world some huge milestones, with technology appearing as a rather unique member of the group. The reason why technology’s credentials are so anomalous is purposed around its skill-set, which was unprecedented enough to realize all the possibilities for us that we couldn’t have imagined otherwise. Nevertheless, a closer look should be able to reveal how the wh ..read more
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Translating the Risk Management into Business Language
GRC Outlook » Risk Management
by Mathieu Gorge, CEO, Chairman of the VigiTrust Global Advisory Board , VigiTrust
8M ago
The risk environment in which organisations operate has changed drastically in recent years, due to a variety of factors such as the COVID-19 pandemic, changes to the work environment, global geopolitical shifts and the emergence of AI. These developments have resulted in an increased prevalence of cyber risks that bring new challenges for organisations when it comes to managing risk. With cyber security threats becoming more prevalent and sophisticated than ever before, It is essential for businesses to be aware of this changing landscape and develop strategies to mitigate potential issues ar ..read more
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Social Influence, Conduct Risk and Compliance
GRC Outlook » Risk Management
by Jorge Sobehart, Managing Director, Citi
8M ago
People have different reactions to social influence and exhibit a variety of degrees of trust in the information they receive. These issues impact how they assess the plausibility of events, compliance with rules and norms and, ultimately, how they perceive credibility and reputation. This is important because it usually takes years to acquire a solid reputation and recognition, but it could take a single adverse event to destroy an institution’s reputation and franchise value completely. In most of day-to-day activities people use primarily loose associations based on heuristics, analogies, p ..read more
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