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.

Adversity – Lessons of a Tulip

Adversity – Lessons of a Tulip

The tulip was the source of what's widely believed to have been the first speculative bubble, and like all bubbles, it eventually burst. That crisis was not unlike the collapse of the dot-com bubble -- rational behavior was replaced by "irrational exuberance." Effective risk management means being wary of an overvalued market and accounting for human emotion in the pursuit...

Risk Management – Looking Forward 30 Years

Risk Management – Looking Forward 30 Years

Will we be riskier tomorrow than we are today? Risk-minded executives should be asking themselves that question. In this follow-up piece to his "Lessons from the Last 30 Years," Jim DeLoach makes predictions about what the coming 30 years will bring for the field of risk management. Spoiler alert: the landscape is likely to look quite different than it does...

Managing Risk in the Cloud: Management’s Role, a PwC Report

Managing Risk in the Cloud: Management’s Role, a PwC Report

Cloud services are gaining traction with C-suite execs looking to drive business innovation and competitive advantage, however cloud adoption can create gaps between cloud usage and risk management. To address this issue from the top, PwC recently released its Managing risk in the cloud—management’s role report, outlining the appropriate measures business executives can take to increase cloud service awareness and...

Risk Management – Lessons from the Last 30 Years

Risk Management – Lessons from the Last 30 Years

Lots of change has taken place in risk management over the past three decades. The kinds of risks organizations are exposed to, the speed at which they must respond, the very way we approach enterprise risk management -- all look entirely different than they did in 1985. Jim DeLoach outlines where we've failed and what we can learn from those...

Preparing for the Unexpected

Preparing for the Unexpected

Having rapid-response teams in place and prepared for the eventuality of a crisis does more for your organization than simply prime it to communicate quickly with shareholders and the public. Failure to respond and act appropriately in the immediate wake of a crisis could be the kiss of death for an organization. Risk assessment, however, can truly bolster your preparedness...

6 Steps to Reduce Business Travel Risks

6 Steps to Reduce Business Travel Risks

There are some crises you can predict and plan for, and there are some you can't. Surprises such as an earthquake or a sudden medical emergency are stressful enough when you're in the comfort of your hometown -- even more so when you're traveling for business. Companies can prepare themselves for dealing with these crisis, however. Practice makes perfect!

think4photop / Shutterstock.com

Nepal: Risk from the Theoretical to Reality

Risk is in the eye of the beholder. At least that's how it seems, since one person's perception of risk can be vastly different from someone else's in a similar situation. The reality is, however, that risk has much more to do with probability than perception. And while probabilistic modeling isn't a science, it may help your organization improve its...

Justice Department Provides Cybersecurity Guidance

Justice Department Provides Cybersecurity Guidance

If preparation is the key to success, then the Department of Justice is handing keys out left and right. The DOJ has compiled a list of best practices for how to handle cyber incidents. As abundant as these risks have been of late, organizations ought to be planning for the eventuality that they will come under attack by cyber criminals....

The Importance of Risk Culture

The Importance of Risk Culture

Risk culture - a reflection of a company's goals and values - evolves as the organization does. That's not to say that it can be ignored; on the contrary, it should be regularly evaluated and improved. Jim DeLoach outlines a myriad of ways executive management and the Board can make assessments and drive enhancements to risk culture.

Page 40 of 48 1 39 40 41 48