Through risk management consulting, organizations can better assess their risks and develop a plan designed to minimize exposure to loss. As risk management is complex and encompasses many areas of business, there is no one-size-fits-all process used by consultants. Instead, risk management consultants work on a case-by-case basis. Risk management consultants are experts at finding
Organizations have used risk management processes for decades as a way to anticipate and mitigate risks. This process involves identifying, monitoring, and managing possible risks to help minimize the negative consequences these risks could have on an organization. With any new project or major change that an organization takes on, it is important to ensure
A risk management framework is a go-to strategy for identifying existing and potential risks within an organization. It can also help businesses handle these risks if or when they arise. While there is no way to completely eliminate all risks, there are steps business leaders can take to minimize the likelihood of the business failing
Network security incidents can happen at any time and often, unexpectedly. Being prepared for such events can help minimize their effect on ongoing work performance and a potential loss in revenue. An incident response plan is a set of instructions that helps an organization detect, respond to, and recover from network security incidents that could
Whether or not a company does business with EU citizens, leaders should consider GDPR a catalyst for stronger data governance within their organizations, and an opportunity to implement a customer-first mentality. No one wants their personal information to be used in unsolicited ways. Companies that respect their customers’ wishes will gain the ultimate reward — their loyalty.
The Baltimore Business Journal published an article by Joanne L. Martin, Hartman’s CISO advisory practice lead, that details five steps organizations can take to develop an incident response plan and prepare for a cyberattack. An excerpt from the article: “Just like we practice for fires and other emergency situations, having an incident response plan in
Nonprofit organizations are particularly vulnerable to breaches, mainly due to inconsistent security policies and the large amounts of sensitive data they collect and use in their daily operations. Often considered “soft targets”, cyber criminals increasingly go after nonprofits and other small businesses, which makes the situation even worse for these organizations. Hyper-focused on their missions, nonprofits often direct their limited funds toward serving their constituents. Unfortunately, this sometimes means that cybersecurity takes a back seat, and employees and volunteers are left in the dark about cyber best practices.
The chief information security officer (CISO) role in higher education is evolving to include more emphasis on risk management. Joanne L. Martin, Hartman’s CISO advisory practice lead, provided her insights on the topic, including the business aspect of the role. Read the full article here — Chief Information Security Officers Moving Away from IT
