Risk
Risk refers to threats an organization faces -- loss of earnings, loss of reputation, or harm of any kind. These articles explore the challenges of preventing, identifying and mitigating risk. Risk can come in many forms, including financial issues, legal liabilities, strategic or leadership errors, or accidents and natural disasters. Today, IT- and data-related risks are growing concerns. The following articles about risk look at the issue from many angles, especially from that of compliance officers risk managers.
Global Shipping & Maritime Industry: The Increasing Complexity of Sanctions on the Risk Control Framework
In the last two years, the United States and its international allies have significantly increased the use of sanctions against illicit maritime networks engaged in commerce in support of the regimes in North Korea, Syria, and Iran, as well as actors that continue to trade...
Read more
Organizational Speed in the Digital Age
A recent survey noted that the top global risks included concerns over disruptive change to the business model and the organization’s resistance to change. As Protiviti’s Jim DeLoach explains, this incongruence captures perhaps one of a board’s most fundamental fears. No established incumbent wants to...
Read more
Growth, Stability and the CRO’s New Balancing Act
MetricStream’s COO, Gaurav Kapoor, discusses how the Chief Risk Officer’s role is changing; CROs are finding themselves increasingly focused on enabling growth while simultaneously ensuring stability. It’s a global trend: Consumers and investors are demanding better standards of corporate governance and integrity. This trend has...
Read more
Cognitive Governance: 5 Principles
James Bone explores cognitive governance, the first pillar of the cognitive risk framework, and the five principles that drive the framework to simplify risk governance, add new rigor to risk assessment and empower every level of the organization with situational awareness to manage risk with...
Read more
Natural Disasters: Protecting Employees and Planning for the Worst
Natural disasters – and their consequences – come in many forms, each with potentially devastating and even deadly outcomes. Skillsoft’s Allison Gruenigen discusses how an organization can protect the business and its employees. While summer comes with many benefits, such as warmer weather and longer...
Read more
Global Rise of Collective Investor Actions Significant Risk for Companies
Mechanisms for shareholder class-action lawsuits are being developed around the globe. Dechert attorneys David Kistenbroker, Joni Jacobsen and Angela Liu offer insights on what legal and compliance departments can do to shield their organizations from litigation risk. Stakes continue to grow in investor litigation around...
Read more
Sustainability Performance: A Differentiation Opportunity?
How critical is sustainability performance, and how is ESG reporting likely to evolve in the coming decade? Protiviti’s Jim DeLoach explores the myriad ways strong ESG performance is vital to organizations. As if it’s a double-edged sword, the pursuit of aggressive environmental, economic and social...
Read more
Cognitive Governance: The First Pillar of a Cognitive Risk Framework
Cognitive governance is a radical departure from traditional risk management. James Bone explains the benefits and how the former complements the latter. After the 2008 reckoning of the Great Recession and a 60 percent decline in market value, I became redundant and soon began to...
Read more
Risky Women Radio
Risky Women RadioRisky Women Radio, hosted by Kimberley Cole, brings together hundreds of senior women professionals and emerging talents from their global network connecting,celebrating and championing women in risk, regulation and compliance. Sharing insights and perspectives on the latest developments we need to think about,...
Read more
5 Ways to Bolster Cyber Safety and Minimize Risk
Cyber threats are simply a business reality in the modern age, but with the right knowledge and tools, we can protect our businesses, employees and customers. Davis Malm’s Robert Munnelly outlines five actions companies can take to maximize long-term cyber safety. Decades of experience in...
Read more
How Corporations Can Use Comedy and Creativity to Enhance Risk Training
Entertainment and comedy can be a hugely effective way to get compliance and risk training to “stick.” Ronnie Feldman builds a business case for more creative approaches to training and communication. Let’s talk about comedy and corporate risk. Utilizing humor and other entertaining devices to...
Read more
Finally! An Alternative to Risk Matrices
While heatmaps (or risk matrices) are still considered one of the most popular tools for risk assessment, plenty of research has brought to light their various methodological and psychological limitations; they may actually lead to worse decisions than doing no risk analysis at all. Alex...
Read more
- Philip R. Jacoby, et al. October 17, 2019SEC Obtains Final Judgment Against Former Executive Charged with Lying to Auditors
- Michael J. Starkweather and Andiamo Corporation, William White October 17, 2019SEC Charges Microcap Company and Two Former Chief Executive Officers with Securities Violations
- Kevin B. Merrill, et al. October 16, 2019Alleged Fraudster Sentenced to 22 Years in Parallel Criminal Case
