Baretzky and Partners Latest News

12 hrs
Key Risks in Anti-Money Laundering (AML) and Supervision
1 dy
Information Policy and Security in Risk Management
2 dys
Patching Cadence and Effectiveness in Cyber Risk Management

Information Policy News

Key Risks in Anti-Money Laundering (AML) and Supervision

by Admin 9 mins 12 hrs

Information Policy and Security in Risk Management

by Admin 9 mins 1 dy

Patching Cadence and Effectiveness in Cyber Risk Management

by Admin 10 mins 2 dys

Risk Mitigation and Compliance

Cyber Law and Cybercrimes

by Admin
5 mins 4 mths

GRC Strategy in Risk Mitigation: A Comprehensive Approach

Governance, Risk, and Compliance (GRC) strategies have become indispensable tools for organizations seeking to effectively manage risk while ensuring compliance with regulations and maintaining governance standards. A robust GRC strategy allows businesses to identify, assess, and mitigate risks systematically, thus protecting their assets, reputation, and […]

NewsRroom
by Admin
2 mins 4 mths

Conflict of interest (COI) in risk assessment arises when the individuals or organizations involved in evaluating potential hazards have competing interests that may bias their judgment or decisions.

This situation poses significant challenges to the objectivity, reliability, and credibility of risk assessments, particularly in fields like public health, environmental safety, finance, and regulatory compliance. Risk assessment involves evaluating the likelihood and consequences of potential risks to make informed decisions about mitigation strategies. When […]

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Scenario analysis is a critical technique in risk management, used to anticipate and prepare for possible future events by evaluating potential outcomes and their impacts. 

by Admin
3 mins 9 mths

Unlike traditional risk assessment methods, which often focus on predicting the likelihood and impact of specific risks, scenario analysis explores a wide range of plausible futures, considering both expected and unexpected developments. This method involves creating detailed narratives—scenarios—about how the future might unfold. These scenarios […]

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by Admin
2 mins 9 mths

Effective crisis planning in risk management is crucial for organizations to navigate unexpected challenges and minimize adverse impacts. 

A robust crisis plan encompasses several key elements: Risk Assessment: Identifying potential risks is the first step. This involves analyzing internal and external factors that could lead to a crisis, such as natural disasters, cyber-attacks, or operational failures. Regularly updating this assessment ensures emerging threats […]

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by Admin
3 mins 9 mths

Cyber risk quantification is the process of evaluating and measuring the potential impact of cyber threats on an organization’s assets.

This practice involves assessing the probability and consequences of various cyber incidents, such as data breaches, ransomware attacks, and system downtimes, to understand their financial, operational, and reputational impacts. One of the primary methods for cyber risk quantification is through frameworks like FAIR (Factor Analysis […]

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by Admin
2 mins 9 mths

In reputational risk management, the reputation of counterparties plays a critical role.

Counterparties, which include suppliers, customers, and business partners, can significantly impact a company’s public image and stakeholder trust. A counterparty’s actions and public perception directly influence the reputation of the associated company, often in a ripple effect. Firstly, any unethical behavior, legal issues, or operational […]

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by Admin
4 mins 9 mths

Controls Management in Risk Management

Controls management is a pivotal element in the framework of risk management, serving as the mechanism by which organizations identify, evaluate, and mitigate risks to achieve their strategic objectives. Effective controls management ensures that risks are kept within acceptable levels, safeguarding the organization’s assets, reputation, […]

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by Admin
1 min 9 mths

The layered risk framework is a crucial approach in operational risk management, emphasizing multiple defense mechanisms to mitigate risks effectively. 

This framework, often visualized as a series of defensive layers, ensures comprehensive coverage against potential operational failures, fraud, and external threats. At the core of the layered risk framework is the idea of redundancy, where multiple safeguards operate simultaneously to provide a robust defense. The […]

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by Admin
2 mins 9 mths

Insider risk in cyber risk management refers to the potential threats posed by individuals within an organization who have access to critical systems and data.

These insiders can be employees, contractors, or business partners, and the risks they pose can be either intentional or unintentional. Intentional threats include malicious activities such as data theft, sabotage, or fraud, often motivated by financial gain, personal grievances, or coercion by external actors. Unintentional […]

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Key Risks in Anti-Money Laundering (AML) and Supervision

by Admin 9 mins 12 hrs

Information Policy and Security in Risk Management

by Admin 9 mins 1 dy

Patching Cadence and Effectiveness in Cyber Risk Management

by Admin 10 mins 2 dys

Ransomware Risk Assessment: A Comprehensive Approach to Cyber Resilience

by Admin 7 mins 3 dys

Artificial Intelligence in Third-Party Risk Management

by Admin 9 mins 5 dys

Compliance and Spam Regulations in Risk Management

by Admin 9 mins 6 dys

Geospatial Intelligence in Risk Management: Strategic Integration for a Resilient Future

by Admin 9 mins 6 dys