Risk

Many professionals outside of compliance teams are not fluent in the language of risk. That may be hurting the impact of your risk assessment – or even the greater well-being of your business. GRC professionals believe risk and compliance should be an executive priority as...

The traditional approaches to coordinating risk and assurance were once useful, but the environment has changed. Gartner’s Malcolm Murray argues against the continued use of these approaches and for corresponding change. As organizations emerge from the COVID shocks of 2020, it is becoming clear that...

Allianz Risk Consulting’s Thomas Varney considers the connection between some of the top risks businesses faced as the COVID pandemic raged – and what the future may hold in terms of managing these risks. Business interruption (BI), pandemic outbreak and cyber incidents rank as the...

Credit risk, ESG and cybersecurity are the trio of risk types that risk executives at financial institutions perceive as increasing the most in importance for their business over the next two years, out of a field of 16, according to a new survey out today...

How many senior executives and directors can name a chief risk officer who has advised them that the organization is too risk averse? In the digital age, not enough. Protiviti’s Jim DeLoach discusses. The ground rules for risk and reward are well known. These rules...

A trio of COVID-19 related risks head up the 10th Allianz Risk Barometer 2021, reflecting potential disruption and loss scenarios companies are facing in the wake of the coronavirus pandemic. Business interruption (BI) (41 percent) and pandemic outbreak (40 percent) are this year’s top business risks, with...

Most non-ERM experts don’t really understand the value of integrating a deep understanding of culture. Gary Patterson and Robert Barker share a practical process to improve your visibility into culture. It is easy to undervalue the culture of trust that builds up over time. Losing...

Control Risks has just launched its annual RiskMap report, outlining five considerations for legal teams and compliance officers in the year to come. As we move into 2021, legal and compliance teams – like the companies they work for – undoubtedly face challenges. In a...

LogicGate CEO Matt Kunkel shares thoughts on what businesses and risk management professionals can expect in the GRC space in the near future, including how risk prioritization and quantification may define GRC in the years to come. 2020 brought massive business disruptions, economic challenges and...

Regulatory agencies around the world emphasize the importance of mitigating risks through adverse media screening. In fact, screening for negative news has become an important component of a comprehensive program to determine the level of risk that customers, prospects and business partners may pose to...

Lex Mundi’s Eric Staal addresses the legal and regulatory pitfalls on the radar for general counsel as they support business adaptation strategies for the post-pandemic terrain and discusses how corporate legal teams are responding to the demand for agility and resilience. The arrival of COVID-19...

TCS’ Ajay Katara provides insight into how banks and other financial institutions can mitigate risks stemming from climate change, discussing four building blocks for an effective risk management framework. Climate change is a reality today. With melting ice caps and surface temperature increases, climate change...