People, Process, Technology: Optimizing Risk Management Initiatives

Posted by - May 8, 2018
How to Implement a Better Process When Dealing with Risk Management People, process, and technology are three key elements when it comes to implementing risk management in any company. The challenge is how to implement these elements in a way that helps your company put an integrated approach to the…
Risk Management

Intersecting Risk Management and Crisis Management

Posted by - May 1, 2018
The Role of the Risk Assessment Crisis management is an integral component of effective reputation management. Protiviti’s Jim DeLoach discusses why it’s imperative to build a rapid-response crisis management capability for sudden and unexpected high-impact, high-velocity and high-persistence events. Years ago, I had a conversation with a high-profile board chair…
man at laptop

Data is Power: Wield it Wisely

Posted by - April 16, 2018
The Importance of Digital Vendor Management As the digital landscape grows and changes, businesses rely on an increasingly sprawling network of third, fourth, and fifth parties to render final, consumer-facing content. Chris Olson, CEO at The Media Trust, explains why a sound digital vendor management strategy is so crucial not…
man pressing time to adapt on virtual screen

Preparing for the (R)evolution of Risk Management

Posted by - March 27, 2018
Modern Finance’s Imperative to Manage Risk with Data While businesses have more information than ever to drive decision-making, many are struggling to shift organizational structures and manage data to minimize business risk. Eric Dowdell, Global Head of Dun & Bradstreet’s Trade Credit business, dives into the relationship between risk and data and discusses…
three arrows in an archery target

Moving Targets That Reinvent Themselves

Posted by - March 20, 2018
Suitability Surveillance and Controls Despite how many risk and compliance eyes an investment bank has inspecting client activity, when it comes to managing risk, it’s impossible to review each and every investment recommendation or transaction by a simple eyeballing of trade records. And understanding any recommendation or transaction in the…
shipping sticker reading fragile, handle with care

“Antifragility” and an Evolutionary Perspective on Risk

Posted by - March 9, 2018
In the 21st Century, Organizations Make Their Own Luck Organizations must be able to weather shocks, and they should act in ways that allow them to adapt, growing stronger as a result of their adaptability. Bill Murray, Senior Researcher and Advisor at Leading Edge Forum, explains the three core organizational…
concept of high-tech systems

The Real Return on Risk and Compliance Technologies

Posted by - March 2, 2018
The Value of Big Data A crucial shift is underway in the financial services industry when it comes to regulatory compliance; cultures are changing, and new value is being created for banks and their customers because of AI technology. Grace Brasington of Watson Financial Services discusses the role technology can…
virus infecting insecure system

Lack of Investments in Training and IT GRC Holding Back Cybersecurity Maturity, Finds MetricStream Survey

Posted by - February 8, 2018
51 percent of enterprises report low maturity of security training 62 percent of enterprises without IT GRC solutions report low security readiness, as opposed to only 25 percent of those with IT GRC solutions Palo Alto, Calif. (February 8, 2018) – MetricStream, the independent market leader in governance, risk and compliance (GRC)…
leadership meeting

10 Ways to Enhance Leadership Engagement

Posted by - January 11, 2018
How do executive management and the board remain engaged with risk management over time? Most observers would agree that senior management’s supervision of risk management and the board’s risk oversight entail much more than reviewing a risk assessment once a year.
magnifying glass on paper

Bringing NYDFS Compliance into Focus

Posted by - November 1, 2017
The New York Dept. of Financial Services (DFS) Cybersecurity Requirements force companies to look into ways to prepare and tactics to navigate new regulations. This risk-driven regulation which requires financial services institutions, regulated by (DFS) to establish and maintain a cybersecurity program that will protect both customers’ private data and…