A More Strategic Approach to GRC
Risk management is fast becoming a business priority. However, research shows that there is minimal understanding of the robust GRC ...
Tag: Enterprise Risk Management (ERM)
The Committee of Sponsoring Organizations (COSO) points out that ERM, among other things is:
- An ongoing process
- Applied in strategy setting and across the enterprise
- Designed to identify potential events that, if they occur, will affect the entity and to manage risk within its risk appetite
- Provides reasonable assurance regarding the achievement of business objectives
The Top Risks for 2017
Protiviti and North Carolina State University’s ERM initiative recently joined forces again to conduct an annual survey to gauge business ...
Risk Management and the Value Proposition
On paper, risks may seem one-dimensional, but they can be far more complex in reality. A one-dimensional approach to three-dimensional ...
3 Fatal Mistakes Most Risk Consultants Make
The purpose of risk management isn’t solely to avoid and mitigate risks – it’s a key part, yes, but most ...
Vendor Risk Management Under SSAE 18
The Fourth-Party Challenge The identification and monitoring of fourth-party vendors has become an increasingly important piece of the vendor management ...
Taking a Different View of Fraud
Q&A with Dan Zitting, Chief Product Officer at ACL Today we are pleased to publish a recent interview between Corporate ...
Take a Lesson from Theranos: Plan Ahead
Reputational harm can do as much damage to a company's bottom line as nearly any other crisis. A proactive plan ...
The Board’s Role with Risk: 5 Considerations to Define a Healthy Balance Within ERM
Where does the board’s role begin and end regarding risk? A company's core objective is to create and increase wealth ...
