Why do you need better risk analysis and management?
The world is changing faster than we imagined it would. Climate change, financial turbulence, and terrorism are all risks that can affect your organization and destroy the things you care about. Risk analysis is all about understanding the potential impact of such factors on your world. Risk management is about being ready for them and being resilient when they do occur.
Risk analysis and management is what we do. Resilience is what we deliver.
Resilience is “the ability of assets, networks and systems to anticipate, absorb, adapt to and/or rapidly recover from a disruptive event or shock.” Disruptive events are occurring with greater magnitude and frequency. Experience shows that high-impact disruptive events are inevitable. Experience also shows that most organizations do not have enough resources to protect everything from all possible disruptions. So, we must adapt. We must become more resilient.
Building resilience is about understanding what could happen, what the consequences might be, designing resilient critical infrastructure and systems that react quickly to a shock, and minimize the impact to allow for a quick recovery.
Modern societies are enormously complex networks of highly concentrated, interconnected systems. The consequences of a shock to one part of the system are felt throughout the network. Often those consequences are amplified as the impact is propagated from one system to another. RiskLogik performs analysis to establish the dependencies between critical infrastructure systems and models the impact of an incident and the cascade of consequences to all the systems in the network. The aim is to create an effective risk management framework that protects more than just infrastructure and assets. It protects the vital, non-negotiable capacity of your organization.
So again, why do you need better risk analysis and management? Because resilience is your best protection in a changing world.
Contact us to engage RiskLogik now.