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.
Target Lessons – Another Reminder on Responding to Employee Concerns
Target’s consumer data breach was massive in scope and impact – 70 million consumers had their payment information hacked/stolen, along with other personal information.
Has Russia’s New Procurement Law Hit the Target? An Analysis of Procurement Policy and Lessons Learned from the Sochi Olympics (Part Two)
Federal Law No-44-FL, “On the contract system for the procurement ...
Seven Steps to Preparedness for Businesses
There are many elements to a successful business continuity and life safety program. The most resilient organizations make sure that their people, teams and response efforts are aligned and resourced.
Technology Trends That Will Impact Risk and Compliance In 2014
Technology developments in many business areas will have strong impacts on important aspects of risk and compliance management in 2014.
Five Factors Often Overlooked When Conducting an Internal Investigation
Whether based on a whistleblower complaint or because you are subject to an inquiry from a governmental agency, a company faced with potential employee misconduct must perform an internal investigation.
Risk, Reward and Investments – How to Balance Them to Maximize Returns
A fundamental driving force in human nature is avoiding loss or the risk of loss. Realism in establishing goals, especially financial goals, involves assessing tolerable risk and balancing risks against reaching the goals.
LRN118 – Thinking Critically About Risk
Companies have traditionally set ethics and compliance priorities by making policies that avoid past issues – but now, companies are encouraged to look forward and analyze a landscape of risk when it comes to compliance.
Mitigating Data Breach Liability: In Search of a Best Practice
The painful reality is that data breaches are daily occurrences. If a company is lucky enough not to have had a data breach to date, it is likely that luck will not last.
10 Ways Board Risk Oversight Can Fail
Risk oversight is a top-of-mind issue for boards because of the expectations spawned by the financial crisis and the unanswered questions around what directors might have, or should have, done to thwart that crisis.
Corruption in Turkey and Integrating Your Risk Assessment
One of the more public and ongoing corruption scandals in the world right now seems to be happening in Turkey. To say the events and facts are confused is an understatement.
Bitcoins – Risks or Returns
Created by Satoshi Nakamoto in 2009, bitcoins are a digital currency some are using instead of traditional money for various transactions.
What Do Aesop’s Fables and Risk Management Frameworks Have in Common?
Aesop's Fables is a collection of tales by the Greek storyteller Aesop. We don’t know the true intent of Aesop’s stories, but we do know that the fables were intended to teach children about life lessons.
