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KEY RISK INDICATORS FOR ENHANCING RISK MANAGEMENT PROCESSES

A key risk indicator (KRI) is a metric for measuring the likelihood of if an event and its consequence will exceed the organization’s risk appetite. They can be quantified in terms of percentages, numbers, Rand values, time frames etc. The primary role of a KRI is to track trends over a period of time, these

The Top Five Benefits of Electronic Business Continuity Management

Business continuity is joining many other enterprise applications and processes by adopting electronic storage and cloud computing as a means of retaining and maintaining a dynamic corporate continuity platform. Far from the days of static, paper-based business continuity plans stored in an archive that were accessed once per year, electronic continuity plans are always available

Bow Tie Analysis Streamlining Your Risk Assessment Methodology

Risk assessments conducted without a common methodology can cause risk data to be created in an unstructured fashion. This eventually poses challenges when normalizing the way identified risks are measured, managed and mitigated. One way organizations keep their risk assessments focused and structured is through Bow-Tie analysis. Named for how the risk assessment resembles a