Risk

In times of crisis, it’s especially critical to know who critical suppliers are, to proactively monitor them for risk and to ensure they’re complying with business continuity plans. ISG’s David England discusses how organizations can manage supply chain risk in these uncertain times. When the...

Baker Tilly’s Chris Jeffrey offers tips and practical advice for organizations on supporting the control environment and keeping operations running during the current crisis. As the evolving COVID-19 pandemic brings uncertainties, organizations face immediate risks impacting their control environment or compliance with Sarbanes-Oxley (SOX) requirements....

As companies slowly start returning to work, it is time to re-emphasize risk management practices. LogicManager CEO Steven Minsky outlines several steps organizations can take now that will also prepare them for the potential of a second round of COVID-19 in the fall. COVID-19 served...

Every organization’s risk profile has changed because of the current crisis. Companies that have not performed a risk assessment since the pandemic started are already behind the curve. True Office Learning CEO Neha Gupta offers recommendations for commanding control of new risks while preparing for...

How can compliance programs support their firm’s recovery from COVID-19? Kroll’s Daniel Hartnett suggests that due diligence best practices can help compliance officers assist their firm’s efforts to rebuild the global supply chain network in a likely environment of “doing more with less.” The COVID-19...

With $43 trillion moving across the network each year, ACH payments are a powerful option for businesses looking to move money in a cost-effective way. Dwolla’s Jenn Redlich offers advice on recognizing and mitigating fraud risk in this area. In today’s world, efficiency is everything....

Now more than ever, it is crucial for businesses to prepare for multiple dimensions of COVID-19-related risk. MetricStream’s Executive Chairman Gunjan Sinha outlines the key areas where leaders should focus to guide their companies. As we move through 2020, the COVID-19 pandemic caused by the...

The Morrison & Foerster Technology Transactions group continues its discussion around contractual nonperformance during the COVID-19 pandemic, covering considerations including anticipatory repudiation, common law doctrines and legal considerations abroad. Anticipatory Repudiation A party’s anticipatory repudiation (also called anticipatory breach) might also serve to discharge the...

Members of the Morrison & Foerster Technology Transactions group offer practical guidance on how to manage and mitigate risk as the COVID-19 pandemic interrupts operations and impacts performance. The first installment in this two-part series explores using the force majeure clause in adjusting performance expectations....

Most businesses are altering operations to adapt to challenges presented by COVID-19. Oversight mined data across multiple industries and assessed the impact to help support spend management efforts. Download the report for the findings as we all work to navigate the now and prepare for the next...

Passage of the CARES Act means that $2 trillion in federal loans and grants is being issued. Federal funds come with associated responsibilities for the recipient, which create potential criminal and civil liability if not properly handled. A team from Nixon Peabody details key considerations...

These are uncertain times, but epidemiologist and coronavirus prep and risk management expert Roslyn Stone discusses steps C-suite leaders and boards of directors should be taking now to minimize risk and communicate effectively amid the COVID-19 crisis. It’s a tough time to be a CEO...