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.
What’s the Plan? – Planning a Post-Acquisition Merger Strategy
How should you plan your post-acquisition merger strategy? Jay Rosen continues his series on monitoring in an M&A context with this exploration of how to strategize the merger following an acquisition. To plan your post-acquisition merger strategy, first you should start with the Department of...
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2019 Reputational Risk Study: Acknowledging Compliance Gaps
The court of public opinion often moves faster and perhaps more harshly than most courts of law. That's why The Red Flag Group surveyed business decision makers against 20 compelling questions to determine the importance of protecting reputation. The results? Interesting trends emerged here, as...
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How to Drive Faster Action on Emerging Risks
Gartner’s Matt Shinkman discusses a sound strategy to increase executive urgency to address exposure to emerging risks, including building agreement on risk impact and presenting leadership with solution options. Gartner research suggests that 90 percent of risk leaders believe their companies need to act faster...
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Intentional Control Design: Pillar 2 of the CRF for Cybersecurity and ERM
Cognitive governance is the first of five pillars making up the cognitive risk framework; the second is intentional control design. James Bone discusses chief considerations around intentional design. The five pillars of a cognitive risk framework are designed to provide a three-dimensional view of enterprise...
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Engaging Social Media is More Effective Risk Management
Social media communication is a rarely implemented risk management tool, but it should get more play. Michael Toebe makes the case for why engaging, authentic use of social media is a real asset for corporate leaders and organizations. Increased development of social media communication can...
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What is the Board’s Role in Effective Risk Management?
The Shared Assessments Program, the member-driven leader in third-party risk assurance, recently released a new set of findings and recommendations developed with C-level executives and risk experts from a dozen organizations. The briefing paper provides boards of directors and C-level executives with new findings on the...
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Risk Managers: You’re Probably Spending Too Much Time Monitoring Email
Remember when email was the only way we shared information? Modern communication methods have evolved -- and risk has grown along with it. But you know that already, right? If you’re on this page, you might already have concerns relating to communication. With official conversations...
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NAVEX Global Strengthens Presence and Accelerates Growth in U.K. and Europe
Acquisition of Expolink and addition of new managing director are moves to support the region as new regulations proliferate LONDON (October 9, 2019) – In response to rapidly growing marketplace demand for its products, leading risk and compliance software and services company NAVEX Global® is expanding...
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Organizations Are Unprepared for the Inherent Risks Associated with Spreadsheets
Spreadsheets play a greater role in the risk and compliance process than one may think, according to a recent study conducted by Forrester Consulting. Diane Robinette, CEO at Incisive Software, details the findings from the report. The Forrester Opportunity Snapshot study reveals, despite easy manipulation...
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AI-Driven Decision-Making May Expose Organizations to Significant Liability Risk
What happens when decisions made by an artificial intelligence platform lead to injury or damage? Is the “system” responsible? Fox Rothschild’s Chris Temple discusses legal liability when AI decisions made without human input go wrong. More and more process systems deployed in public infrastructure, industrial,...
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“Blind Spots” and Customer Due Diligence
Assumptions are dangerous. Sam Sheen, financial crime expert at Efficient Frontiers International (EFI) shares the story of a criminal who seemed above board but would certainly have been found out sooner with proper customer due diligence. Have you ever seen dogs at the airport sniffing...
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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...
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- Kit Mun Chan, Lau Kean Chong, Chong Poui Fan, Binji Lu, and Youn Chien Wong February 21, 2020SEC Obtains Judgments Against Market Manipulators
- Navellier & Associates, Inc., and Louis Navellier February 20, 2020SEC Obtains Partial Summary Judgment Against Investment Adviser and Principal for False and Misleading Marketing of Investment Strategies
- Emmanuel Kouyoumdjian (a/k/a "Manny K") February 20, 2020SEC Obtains Final Judgment Against Unregistered Broker
