RISK MANAGEMENT BLOG

Risk Tools for Your Operational Risk Management

 
For years now, operational risk managers have relied on their experience and understanding of a subject matter as the perfect risk tools but the fast-paced, cutthroat world of today demands more. You need adequate risk tools integrated at all levels within an operation.
 
This article covers why you need risk tools, the point of having an operational risk management strategy and the known risk tools guaranteed to help you through the optimum course of action in any situation.
Topics: ClearRisk risk management plan risk management solution risk tools operational risk management clearrisk manager ClearRisk Inc. risk management risk mitigation planning

Data Analysis Steps for Risk Managers

Data analysis can help predict the outcome of a situation or allow you to protect your organization against risk. As discussed in a previous blog post, analysis has many benefits including mitigating repetitive losses, lowering insurance premiums, and more.

We recognize that data analysis can be difficult, particularly for organizations with a lot of data and complex processes. In fact, an estimated 75% of organizations lack the technology or strategy to effectively use their data. That’s why we came up with this simple guide on the steps for data analysis.

Topics: risk management data analysis data analysis risk management data analysis steps

4 Types of Data Analysis for Risk Managers

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. 

Topics: risk management data analysis data analysis risk management

Risk Management Courses: Why You Need to Get Educated

 
A risk is an uncertainty that you cannot afford to overlook.
 
Risk management courses  seek to give you a greater focus on risk management and its various essential components including risk assessment, risk tools , risk mitigation plans and so on. There are many distinct risk management courses out there and you need to be able to differentiate between them.
 
This article is aimed at that, helping you understand the format of risk management courses and setting the direction for you to identify the content you want to look for.
Topics: ClearRisk ClearRisk Trainer risk management courses Clear Risk ClearRisk Inc. risk risk management risk mitigation planning affordable risk management

3 Steps You Must Take TODAY to Reduce Your Software Risks

Kit Merker has been in technical and management roles for over a decade, doing everything from project management, coding, design, testing, and running a service. He currently works at Microsoft as a Developer Evangelist. Kit Merker has a blog dedicated to preparing for software disasters. Be sure to follow Kit on Twitter after reading his guest blog post below! 

These are times of economic uncertainty for many businesses, and the very idea of spending much-needed funds on something that might happen may seem like suicide. According to CIO.com,  business continuity & disaster recovery is NOT a top priority for CIO's.
 

It's a normal human tendency to stay optimistic and believe that you are immune from disaster. We say, "that'll happen to other people, I'll hope for the best and focus on my day-to-day activities."

But, as I say probably too frequently, hope is not a strategy.

Imagine if a disaster hit and you sustained serious downtime, got hacked, or lost data your customers needed. The results would be disastrous for your reputation and could mean the end of your business. You'd be kicking yourself for not preparing.

But just like a teenager learning to drive, sometimes getting in an accident helps you learn to operate more safely. The good news is that there are practical things you can do to reduce your risks of software disaster.
Topics: ClearRisk kit merker software risk risk management planning risk mitigation risk risk management risk management blog Risk Management Software IT risk management technical risk business continuity planning Managing Risk business continuity software disaster risk preventative measures software risk management software vulnerability

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