Risk

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 the right tools. The three lines of defense (3LoD), or more specifically, risk governance is...

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 days, it also leads to potential and sometimes disastrous weather conditions and natural disasters. These...

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 the globe, and companies must continue to prepare for the ensuing litigation risks that the...

MetricStream’s Gaurav Kapoor shares insights and trends he’s gleaned from connecting with leading CXOs this summer. Here are some of the common threads these influential minds in IT GRC and audit discussed. This June, over 450 business executives, board directors, GRC practitioners, government leaders, industry analysts and more gathered to discuss the biggest risks and opportunities facing organizations today, as...

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 sustainability goals presents both opportunity and risk. Likewise, a minimalist approach to sustainability is also...

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 question the failings of risk management as a discipline and my own skills as a...

Risky 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.

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 the age of broadband and security breaches has taught us important lessons about the steps...

Every company should be expecting a security breach at some point. MetricStream’s Vibhav Agarwal discusses the importance of tackling cybersecurity directly and what risk-focused executives must do to avoid disaster and position their organizations for success. In a world where organizations are rapidly digitally transforming, cybersecurity has clearly become a business-critical issue. Every firm has unique data that offers it...

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. Using humor and other entertaining devices to train and communicate ethics, compliance and other corporate risk topics may seem counterintuitive. After all,...

Employers must make clear to their employees what compliance topics and policies are essential to the organization. As Skillsoft’s John Arendes explains, it’s to the employer’s benefit to help employees deal with information overload. The workplace continues to evolve over time; from the impact of startup cultures to new technology, it is not the same place as my first investment...

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 Sidorenko outlines the alternatives. OK, the title is obviously a joke, because the alternatives (multiple)...