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default A new dawn in risk management: how will AI shape the future of compliance? Popular

By 154 downloads

AI is set to transform the way companies manage their key business functions – risk and compliance included, says Craig Adams. In this article he explores the opportunities and the challenges that need to be addressed by GRC teams.

default Addressing climate risk in the era of COVID-19 Popular

By 735 downloads

Although dealing with COVID-19 has understandably been the focus of many businesses over the past 12 months, businesses focussed on ensuring long-term resilience must look beyond this single threat says Andrew Bryson, Operations Senior Vice President at FM Global.

default Are we missing the point of risk management activities? Popular

By 2500 downloads

The focus of this article by Geary Sikich is on the application of guidance (ISO 31000, FFIEC, etc.) often resulting in the appearance of compliance resulting from a checkbox perspective rather than actually and actively identifying and managing risk by organizations.

default Bringing internal audit back from the brink… Popular

By 3019 downloads

As organizations undergo rapid changes, audit departments are increasingly under pressure. Nick Rafferty explores how organizations can adopt a more efficient and agile approach to managing their ever-growing array of audits.

default Building an effective enterprise risk management culture Popular

By 802 downloads

In this article, Alberto G. Alexander, Ph.D , MBCI, describes a framework to help organizations develop an effective enterprise risk management culture. He also looks at best practices for managing and maintaining a risk culture once it is place.

default Can you really calculate the probability of uncertainty? Popular

By 3215 downloads

Many aspects of risk management are deeply rooted in mathematical formulae for determining probability. This heavy dependence on mathematics to determine probability of risk realization may create ‘false positives’ regarding a risk that can be either positive or negative. Geary Sikich explores the issue.

default Compliance: accurate risk assessment and forecasting starts with asking the right questions Popular

By 2661 downloads

Effective compliance starts with the board of directors, who need to use their expertise to ask the right questions. The problem is that many board members do not know what questions to ask… In this article, Thomas Fox offers some suggested questions to kickstart the process.

default Corporate social responsibility: balancing the risks and rewards Popular

By 3465 downloads

How do corporate social responsibility and sustainability contribute to organizational risk management and business continuity? Geary W. Sikich and Joop Remmé consider the subject, concluding that, at its core, sustainability is about resilience.

default Effective measurement of enterprise risk management programs Popular

By 612 downloads

Enterprise risk management programs need to have mechanisms that management can use to measure their effectiveness. This is possible using key performance indicators (KPI) and key risks indicators (KRI). In this article, Alberto G. Alexander, Ph.D, MBCI explores this area.

default Emerging enterprise risks that businesses need to be aware of Popular

By 3018 downloads

At the start of the year, members of the Institute of Risk Management (IRM) were asked to identify key risk areas for businesses for the year ahead. A broad range of risks were highlighted as potential flashpoints.

default Emerging technologies: implications for the future of risk management Popular

By 581 downloads

The digital technologies and systems created today are introducing both far-reaching opportunities and challenges alike for security professionals and business leaders. Stina Connor explores how approaches to risk management and organizational resilience will need to develop alongside.

default Enterprise risk management and business continuity Popular

By 2594 downloads

Alberto G. Alexander, Ph.D, MBCI, looks at enterprise risk management, its relationship to business continuity management, and how organizations can integrate the two disciplines.

default Four key concepts for effective risk management Popular

By 3620 downloads

Alexei Sidorenko provides an overview of four key criteria that are essential for effective risk management. The criteria are: integrating risk into decision making; strong risk management culture; disclosing risk information; and continuously improving risk management.

default Four steps to integrate risk management into strategic planning Popular

By 3335 downloads

Alexei Sidorenko, CRMP, details four related steps that organizations can take to help them assess management strategies and then take actions to manage the associated risks.

default Handling the compliance risks that the EU General Data Protection Regulation creates for your organization Popular

By 2925 downloads

Don’t let information ignorance turn your data dream into a nightmare says Cindy Truyens.

default How to make ERM more relevant to strategic leadership Popular

By 1718 downloads

Enterprise risk management is often criticized as being remote from the real strategic needs of the organization. Is this fair comment and, if so, what can be changed to make ERM more relevant? Peadar Duffy gives his viewpoint...

default Implementing enterprise risk management Popular

By 2001 downloads

In this article by Alberto G. Alexander, some foundations will be provided for initiating the implementation of an enterprise risk management (ERM) process in an organization and the design of an ERM development model.

default Managing compliance risks associated with SAP audits Popular

By 373 downloads

SAP systems are widely used for enterprise resource planning and are subject to regular auditing as a result. Failing an audit can lead to system shutdowns, expensive remediation, and non-compliance with standards. Here, Tim Wallen explores how organizations can improve the SAP audit process and their compliance efforts.

default Managing supplier compliance risks: the way forward Popular

By 3163 downloads

As organizations are placed under increasing scrutiny for the actions of their suppliers, they can no longer shy away from the importance of building a stronger supplier compliance management programme, says Sonal Sinha.

default Out of sight, out of mind? WORM data retention risks explored Popular

By 145 downloads

Write Once, Read Many (WORM) data is used for a variety of reasons where data integrity, authenticity, and long-term preservation are critical. One area often missed with WORM usage is data retention risk, as Michael Jack explains…

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