Enterprise Risk Management,
Business Risk Analysis,
IT Risk Management DEFINITION: Enterprise risk management (ERM) is the process of planning, organizing, leading, and controlling the activities of an organization in order to minimizethe effects of risk on an organization's capital and earnings. Enterprise risk management expands the process to include not just risks associated with accidental losses, but also financial, strategic, operational, and other risks.In recent years, external
Definition continues below.
Healthcare data is as valuable as gold on the black market, and thieves are drawn to the profits. Now, with more data stored digitally and more hackers taking advantage of that, the healthcare industry needs better security than ever.
RISK MANAGEMENT DEFINITION (continued): factors have fueled a heightened interest by organizations in ERM. Industry and government regulatory bodies, as well as investors, have begun to scrutinize companies' risk-management policies and procedures. In an increasing number of industries, boards of directors are required to review and report on the adequacy of risk-management processes in the organizations they administer.Since they thrive on the business of risk, financial institutions aregood examples of companies that can benefit from effective ERM. Their success depends on striking a balance between enhancing profits and managing Risk Management definition sponsored by SearchCIO.com, powered by WhatIs.com an online computer dictionary
TechTarget provides enterprise IT professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective IT purchase decisions and managing their organizations' IT projects - with its network of technology-specific Web sites, events and magazines