Risk

Process ROT – the practice of retaining redundant, obsolete and trivial information – makes finding information difficult and reduces productivity, not to mention the effect on risk management. To further complicate the matter, most organizations don’t realize when it’s happening. Companies experiencing process ROT risk reputational harm and greater exposure to litigation. Here’s what you can do about it.

What’s your organization’s risk appetite? Some organizations rank way up there with surfers and stunt men. Others like to play it safe, taking on the level of risk you might associate with putt-putt golf, but most fall somewhere in between. To determine your company’s ethics and compliance risk tolerance, consider the direction provided by the Federal Sentencing Guidelines.

Corporate Compliance Insights' Founder and CEO, Maurice Gilbert, had the opportunity recently to chat with Chris Caldwell, President and CEO of LockPath, a company that's fast becoming a leader in the GRC and information security markets. Chris offers his perspective on the challenges compliance professionals face currently, as well as some of the greatest risks threatening today's businesses.

It’s essential for corporate leaders to instill and maintain a commitment to ethical practices. However difficult it may be to pin a value on business ethics, the connection between culture, reputation and profitability is undeniable. Yes, financial success is important, but not to the exclusion of integrity. Once lost, consumer trust is very hard to gain back.

Global expansions can be a strong revenue generator to mid-sized businesses when executed correctly. If you’re not sure where to begin, here are some key points to help ensure you don’t make any serious missteps while you grow your business internationally.

There are a host of ways enterprise risk management can fall short. Jim DeLoach explores five of the most common failures, along with various indicators that could signal a coming failure. If you see your organization reflected in this article, consider this your wake-up call.

The Board is increasingly more attuned to IT risk, and CISOs and CIOs are struggling now more than ever to communicate IT risk data so that the Board can understand its impact. IT leaders are desperate for a way to provide the Board with a concise and accurate risk snapshot that incorporates IT risk into the overall risk posture, shows...

It’s easy to identify in hindsight where risk management failed, and taking a look at past ERM failures can actually provide great insight into what went wrong and why. Jim DeLoach offers insight into some of the lapses in risk management companies experience most frequently – along with indicators you can be on the lookout for to keep your organization...

Enterprise risk management isn’t meant to be a one-man show. Or a one department show, for that matter. It’s necessary to have the Board’s buy-in and investment. If your firm hasn’t come that far yet, here are a number of simple tips that can help improve your ERM, regardless of where your existing processes stand.

Global consulting firm Protiviti has published thought leadership on necessary principles for improving risk oversight.  A fundamental underpinning of effective Board risk oversight is timely, reliable and insightful risk reporting.  This report discusses six principles for delivering the focused risk reporting the Board needs.  

Global consulting firm Protiviti has published thought leadership on necessary principles for improving risk oversight.  A fundamental underpinning of effective Board risk oversight is timely, reliable and insightful risk reporting.  This report discusses six principles for delivering the focused risk reporting the Board needs.

As the use of social media becomes intertwined with daily business activity, a new threat is emerging: hackers are finding new ways of impersonating genuine business contacts, often portraying colleagues via fake profiles in order to gain access to sensitive data that can be used to commit fraud.