For the ever-evolving risks and growing challenges your business must navigate, a holistic approach toward swift and effective resolutions is crucial in the event of incidents escalating to emergency or crisis. Incident management is the term used to describe an organization’s actions to recognize, assess, and rectify these types of situations while preventing future recurrences…
On June 14, 2017, Flag Day in the United States, the ProActive Risk Management (PARM) Advisory Board held its first meeting. The board is comprised of key defense and intelligence technology leaders with successful commercial experience who understand the arduous process and challenges of risk management and security. They represent the “Five Eyes,” which refers…
CSIR Corp: Who We Are A Stitch in Time Saves Nine! CSIR Corp. (pronounced Caesar) is the brainchild of risk management experts and technology innovators. The Teh Consulting Group and PARM have joined forces to offer an incident reporting application that transforms any mobile device into a powerful, near real-time reporting tool. CSIR empowers organizations…
Despite cyber security being one of the top three global economic concerns in most developed countries, it continues to be sidelined by most companies. Cybercrime costs over USD$445 billion globally and the figures continue to rise, expected to exceed $1 trillion by 2021. With increasing digitization and interconnectedness of networks, cyber dependence is becoming a…
Corporate risk has been around ever since businesses came into being. While diversifiable risk can be mitigated by taking appropriate measures, it is next to impossible to eliminate systematic risk which is entirely dependent on market fluctuations. Businesses thrive on consistency and performance. Risk, on the other hand, threatens to disrupt the normal flow of…
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