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Items Tagged with 'risk management'
Once the risk matrix has been populated, management must then prioritize the risks and determine which are the most critical to the viability, survivability and resilience of the enterprise. When that prioritization has been completed, various functions within the organization can be tasked to design the appropriate solution for the risk involved.
That’s where mass notification systems come into play, as well, as is the case with MillerCoors’ Fort Worth, Texas, brewery, which is located in Tornado Alley and sees about 25 tornadoes each year. The brewery employs 105 employees spread across 150 acres, and it brews 9 million barrels a year. It houses an on-site refrigeration system with 150,000 pounds of ammonia to assist with the brewing process.
A new report by Marsh confirms that demand for terrorism insurance remains strong and the existence of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) plays a key role in making coverage available and affordable.
Businesses in California, Illinois, Alabama, Mississippi and the District of Columbia face a markedly higher risk of being sued by their employees compared to the national average, according to a study by Hiscox.
33 percent of terrorism attacks in 2013 affected the retail sector, and 18 percent of attacks took place on the transportation sector. Retail environments, such as public markets, remain vulnerable to attack, as seen in the Kenyan mall shooting.
Kroll's annual Cyber Security Forecast highlights seven trends identified by Kroll and suggests that a changing tide in cyber standards, both social and legal, will require organizations to take stronger actions and safeguards to protect against reputational, financial and legal risks in 2014.
Ever since the days of Jesse James, banks have always been a target of those after fast cash, but now, cybercrime is becoming the new Wild West of quiet, quick theft. Find out what the enterprise can do to mitigate cyber risks to its financial assets.
Risk managers might be overlooking a critical threat: the impact of technology failures on supply chain general operations, according to a new report from Marsh risk Management Research, Cyber Risks Extend Beyond Data and Privacy Exposures.
Fortune 1,000 firms in the health care, technology and insurance sectors top the list of industry groups most concerned about cyber threats, according to a recent report by Willis North America, a unit of Willis Group Holdings.
Security guru Bruce Schneier coined the term “Security Theater” to describe phony security measures, procedures, or technologies that give the superficial appearance of providing security without actually countering malicious adversaries to any significant degree.