Risk

diamonds

Winning the War Against Conflict Minerals

Recent legislation has had a significant impact on the trade of conflict minerals, including "blood diamonds," out of areas ravaged by war and run by warlords. The deadline for reporting supply chain partners, per Dodd-Frank, has come and gone, and companies have found it difficult to say with certainty whether their materials are truly conflict-free. A QMS ...

small business

Risk Assessment for Small and Mid-sized Companies

Smaller companies often don't need the exhaustive risk assessment programs the huge corporations require. For many organizations, in fact, something much simpler fits the bill. Jeff Kaplan of Kaplan & Walker outlines an eight-step process ideal for small to mid-size companies. Simple, but not too simple.

empty chair

Finding the Right Person to Serve as CRO

A host of factors need to be taken into consideration in the selection of a new Chief Risk Officer. Where his or her experience and expertise lies is certainly top of mind, but more qualitative aspects of the candidates' skill set and capabilities carry weight, as well. How are the prospective hire's critical thinking skills, for instance? ...

heartbleed

Are Service Providers Prepared for Cybersecurity Risks Post-Heartbleed?

The catastrophic Heartbleed bug, disclosed in early April, impacted hundreds of thousands of popular websites. It is considered one of the most significant, far-reaching vulnerabilities in the history of the Internet, made all the more unsettling because it’s entirely undetectable. Here’s what you can do to protect yourself and your company.

file sharing

Avoid Data Leaks: Make Content Sharing Safe and Compliant

There’s risk enough when information is housed in a single location, but when data is shared between multiple devices – and particularly when files are transferred online – maintaining security becomes far more complex. Follow this guidance when choosing a file-sharing solution for your firm.

fallen king in chess

Risk: A Game of Thrones

HBO’s Game of Thrones is a pretty accurate portrait of the corrupting nature of power. The higher up the corporate ladder one gets, the greater the danger of “agency risk,” or the propensity to pursue what’s best for number one, and not so much for the stakeholders or the organization as a whole. What can businesses do ...

execs in boardroom

Positioning the CRO to Succeed

If the CRO or risk leader is to be effective and successful in the organization, he must be given full access to the Board, participate in high-level discussions and strategy setting and seen as an equal to the other C-Suite leaders or executives. The company and its leadership must appear to value the risk management function and enable ...

target on chest

Protecting Yourself Against Data Breach: Don’t Be a Target

The data breach at Target last November has been widely publicized and widely criticized. The corporation was aware of intrusions in its software, but failed to respond. And the results for the company – one of the nation’s largest retailers – have been disastrous, as evidenced by the tens of millions of dollars the company has already ...