Businesses are facing one of the greatest and most rapidly deteriorating financial crises in the last hundred years, in part due to a failure of risk management. It is precisely during trying times like these that risk management can contribute the most to an organization's ability to survive -- and eventually thrive. At the same time, the crisis presents opportunities to advance resiliency practices within your organization and demonstrate comparative advantage. For organizations experiencing reductions in resources due to financial stress during this period of vulnerability, risk management practices become even more critical to ensuring that an operating event does not result in a catastrophic blow. Whether facing reduced budgets or static spending, here are a few simple tactics risk management professionals should consider: 1. Revisit resiliency plans. 2. Review spending to optimize allocations. 3. Monitor early warning indicators. 4. Assess threats to the extended enterprise. 5. Ensure you have objective, appropriate response solutions in place.