Vol 702 - Not All Risks Are Created Equally

From our Sponsor

It's Your Resume! Consider Adding MIT To It July 14 - 18, 2025

Preparing for a crisis is not a luxury; it is a necessity. The COVID-19 pandemic has proven this. You know the odds are high that your company will suffer, or has experienced, a disaster or crisis. You cannot say you weren’t ready; today’s extreme public and government scrutiny demand that you should have been prepared. MIT’s course will help prepare you for the inevitable.

Participants also practice what is learned – the course includes a ransomware tabletop exercise and a highly interactive crisis simulation in which participants take active response roles in a multiple-event crisis, including a media briefing.

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Meet the Expert

Not All Risks Are Created Equally

It’s all about perspective. What may appear to be a miniscule risk or issue to one person may be a monumental problem if it’s not addressed and not addressed fast. The question then becomes – what do we do, or…how do we sort out those risks that really are not a big deal from those that are?

This is a primary reason that risk expert Carol Williams emphasizes the importance of “objective-centric” risk management practices. A risk must be put into the perspective of: how does this risk affect the achievement of a given business or strategic objective? This article includes 5 questions to discern the top risks in your organization.

Read Carol's insights

In the Know...

DRI International Releases 10th Annual Predictions Report

DRI’s latest Predictions Report provides an in-depth look ahead to major global issues that resilience professionals may deal with in the coming year, including ongoing global conflicts, environmental dangers, and cybersecurity. Annually, the Future Vision Committee (FVC) considers myriad potential outcomes from a vast number of ever-changing variables.

Tech Overhaul: The importance of planning, preparation, and continuous oversight in government IT projects

Lessons learned from the state of Idaho’s Luma system rollout.

Emergency Response: The unique challenges of mountain hurricanes

Hurricane Helene response efforts made more difficult by over 2,000 landslides.

Securing Software: Guarding against hidden dependencies

The importance of securing supply chains in an interconnected world.

Driver and Drain: Accounting for AI’s resource needs alongside its benefits

The case for new models of economic development.

Funding Opportunities: Hazard Mitigation Assistance grants now open

FEMA’s application period open from Jan. 6, 2025 – April 18, 2025.

Emergency Response: Disaster case managers help LA wildfire survivors

Supporting and advocating for survivors through long-term disaster recovery.

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Industry Pulse

The Ultimate Guide to Information Security & Continuity

This Ultimate Guide addresses the Information Security and Continuity discipline by presenting the fundamental components of an information security program, discussing good practice, and providing references to leading global sources of guidance and good practice information. The Ultimate Guide answers questions such as:

How do IT security and continuity relate to each other and to GRC?
What are the frameworks and practice guidelines around the world?
How do we build an effective team and security function?
How do we best use technology for security and continuity?
How do I make the business case for change?

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Timely Resource: A Tariffs Response for Resilience Professionals

Resilience professional Mark Hoffman does a quick review on how tariffs work and gives some advice on what steps you can take to mitigate the impact on your organization. You might be wondering why you, as a resilience professional, should even care about tariffs. There are at least 4 reasons:

1. Supply Chain Disruptions

2. Strategic Planning

3. Cost Management

4. Risk Mitigation

Learn more >>

Data Governance Trifecta Comprehensive Whitepaper

In today’s complex digital landscape, enterprise leaders face unprecedented challenges managing data governance, risk, and compliance (GRC). This comprehensive whitepaper introduces the Data Governance Trifecta, where data security, consumer privacy, and AI governance converge. Discover how leading organizations are building effective Compliance Alliances to transform governance challenges into competitive advantages. With data breaches costing US companies an average of $9.48 million in 2024, this strategic guide arrives at a crucial moment.

Download the white paper >>

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