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 and risk managers.

5 Risk Categories for Focusing the Board’s Risk Oversight

5 Risk Categories for Focusing the Board’s Risk Oversight

Many companies have adopted a risk language to facilitate dialogue within the organization regarding their risks. While we are not aware of an authoritative risk language or model, there are a number of risk models in the public domain that can be useful to ensure the completeness of the event categorization and risk assessment processes.

Risk Assessment – By the Book

Risk Assessment – By the Book

Nothing is more important to developing and maintaining an effective C&E program than risk assessment, and effective risk assessment is, as a general matter, perhaps the most daunting task a C&E officer is likely to face.

Five Ways to Fine-Tune Your Risk Assessment

Five Ways to Fine-Tune Your Risk Assessment

Companies invest in enterprise risk management to identify, analyze, respond to and monitor risks and opportunities in their internal and external environments. These investments maximize opportunities, help avoid nasty surprises and provide reasonable assurance on the achievement of the ...

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