Overwatch Risk 360°
Risk Mitigation, with a clear ROI
Our Risk Management platform is the core of our managed services infrastructure and is supported by our Chief Risk Officer (CRO) executive team members.This approach combines risk management and business experts with your executive team to evaluate risks from a 360-degree perspective while vertically integrating with your business strategy. In addition to being on-demand security experts, below are a few core services our CSO’s integrate into your physical security and business operating infrastructure.
Chief Risk Officer
- Develop and implement a comprehensive risk management strategy aligned with the organization's goals and objectives.
- Identify and prioritize risks based on their potential impact on the business.
- Inform the organization about relevant laws and regulations affecting their industry.
- Ensure the company's operations comply with applicable regulations and implement necessary changes to maintain compliance (i.e., internal/external audit support).
- Conduct qualitative NIST-based risk assessment to identify potential threats and vulnerabilities to the organization.
- Evaluate the likelihood and potential impact of identified risks.
- Develop risk mitigation plans and strategies to address identified risks.
- Work with relevant departments to implement risk mitigation measures.
- Establish and monitor internal control systems to safeguard company assets and prevent fraud.
- Conduct internal audits to assess the effectiveness of existing controls.
- Assess the company's insurance needs and work with providers to obtain appropriate coverage.
- Ensure that insurance policies adequately protect the company against identified risks.
- Develop and maintain a crisis management plan to address unforeseen events.
- Establish business continuity/resiliency plans to ensure the company can continue operations in the face of disruptions.
- Communicate risk management strategies and updates to key stakeholders, including senior management and the board of directors.
- Provide regular reports on the status of identified risks and the effectiveness of risk mitigation efforts.
- Assess and manage risks associated with vendors and third-party relationships (Build 3rd Party Risk Management Program)
- Ensure that third-party agreements include appropriate risk management provisions.
- Conduct training programs to increase employee awareness of risk management principles (Should be coupled with CISO's training programs).
- Foster a risk-aware culture within the organization to encourage proactive risk identification and reporting.
- Litigation support for on-going case management.
- Deposition and trial liaison support.
- On-going claims support management.
- Conduct corporate research on customers and competitors.
- Identify sales, marketing, operations, and financial gaps.
- Create a strategy to define and capitalize on weaknesses and opportunities.
- Conduct strategic intelligence on potential M&A initiatives.
- Identify M&A strategic risks and opportunities.
- Implement and monitor integration best practices.
Global Location and Travel Management
There is a world of functions available within Overwatch Risk 360, on desktop, in the mobile app and other smart devices, designed to simply keep your people safe – all of which we will guide you through, be there to manage, and customize to your needs. Our technology aims to give your customers the tools for staying supported and aware 24/7 whilst allowing them the freedom to conduct their business. Our technology platform, is an innovative system that enables our clients to start tracking all personnel from:
- Booked travel itineraries
- Physical check-in displaying location
- Active tracking
- Emergency SOS with automatic tracking
- Call for assistance – pointing to the SSC
- Hold documents and contacts on the app for all users
- Geofencing capabilities
The Overwatch Risk 360 team monitors the platform to identify potentially affected travelers and start aiding as well as your travelers being able to call our team for help and support.