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Over the past few weeks we've been covering topics such as "6 Reasons Data is Key for Risk Management", "Why All Risk Managers Should Use Data Analytics", and "Data Analysis Steps for Risk Managers". Data has been deemed today's most valuable asset: the "oil of the digital era". Now, let’s delve into some types of analysis that may be particularly helpful for your organization or risk team.
By Cody Colbert Tue, Aug 18, 2020 @ 14:08 PM
Crime prevention within municipal operations can be an important way to mitigate related risk. Steps towards crime prevention can include securing premises, implementing financial management systems, preventing theft of special equipment, marketing all valuable property, and assigning costs associated with possible theft scenarios.
The most tempting targets for thieves include:
- Cash and other items of considerable value
- Special machines, equipment, vehicles, etc.
- Items that can be resold
- Confidential materials
- Computers and electronics
By Maegan Marshall Wed, Aug 12, 2020 @ 17:08 PM
Slips, trips, and falls are a common cause of liability claims affecting organizations. These occurrences can range from minor incidents to major claims that can involve multi-million dollar lawsuits. It’s unlikely to avoid these types of potential accidents completely, but it is possible to take precautions that will help in reducing the frequency and severity in case of an event.
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By Craig Rowe Wed, Aug 12, 2020 @ 17:08 PM
Supply chain management is largely about interconnectedness.
When planning for and managing the sourcing, procurement, conversion and logistics related to your product offering, companies need to create the right relationships with the right companies. This will help to optimize the movement and storage of materials and inventory while at the same time preparing for disruptions.
Striking the right balance is not easy.
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By Brent Kelly Tue, Aug 4, 2020 @ 14:08 PM
One of the biggest obstacles for business owners in preventing cyber risk liability, data breach, and other privacy claims is BYOD (Bring Your Own Device). The concept of BYOD is causing confusion and anxiety for many business owners. What exactly is BYOD, what cyber risks does it create, and how can your business mitigate these risks?
