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How to build a successful risk mitigation strategy

IBM Big Data Hub

The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events. Contingency plans should be in place if something drastic changes or risk events occur.

Risk 68
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What Is Integrated Risk Management? Definition & Implementation

eSecurity Planet

For example, a clothing brand might select a business objective such as to develop unique and appealing designs. In the examples above, the clothing brand will use traditional and computer-aided design prototyping and marketing research. All risk management strategies strive to use threats to business processes to determine risk.

Risk 67
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Think Ransomware Can’t Put You Out of Business?

Adam Levin

No industry, category, size, or group is safe from this cyber scourge. High-profile entertainment law firm Grubman Shire Meiselas & Sacks suffered a one-two punch of infection via REvil ransomware followed by a dark web auction of the firm’s client documents. 1-99-employee companies are a target. What can CEOs do?

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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. Annuity Suitability Working Group Drafting FAQ Document to Facilitate Uniformity in State Adoption of Revised Suitability in Annuity Transactions Model Regulation.

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Institutional Investor’s Introduction to Blockchain and Digital Asset Investing

Data Matters

For institutional investors that trade futures using a futures customer agreement with a registered futures commission merchant, or FCM, this offering can be an appealing way to access digital assets markets because it uses a familiar product and documentation. Traditional OTC Derivatives.

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UAE: Federal level data protection law enacted

DLA Piper Privacy Matters

However, businesses that are not used to compliance with laws like the GDPR may find some of the new obligations challenging, for example, the PDPL introduces rights for individuals to access; rectify; correct; delete; restrict processing; request cessation of processing or transfer of data; and object to automated processing.

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Part 3: OMG! Not another digital transformation article! Is it about effecting risk management and change management?

ARMA International

Many narratives that deal with change, strategy, transformation, and implementation involve discussing risk. “In Thus, common tools and techniques are risk matrices, risk registers, risk logs, risk breakdown structures, risk categories, Monte Carlo simulations, and sensitivity analyses. Therefore, the risk did not seem to matter.