ISO has released the latest version of the ISO 31000 risk management standard. Entitled ‘ISO 31000, Risk management – Guidelines’ the standard ‘delivers a clearer, shorter and more concise guide that will help organizations use risk management principles to improve planning and make better decisions’.
A new study released by The Economist Intelligence Unit ran three econometric scenarios to 2030 on five countries — the United States, the United Kingdom, Australia, Japan—and developing Asia as a whole.
ISO 31000, 'Risk management – Principles and guidelines', was published in 2009 and has been undergoing a revision. The new version will be available in mid-February and in this article Alexei Sidorenko, CRMP, provides a preview of what risk managers can expect from the new standard.
A new study published in the Journal of Trust Research reveals how boards of directors can proactively address CEO misconduct to increase public trust towards an organization and prevent damage to corporate reputation.
The EU’s General Data Protection Regulation (GDPR) comes into effect on May 25th 2018 and a survey from Tripwire identifies current preparedness trends. Findings show that 77 percent of companies subject to GDPR could meet the 72-hour notification window, with 24 percent claiming they could notify customers of a data breach within 24 hours.
For senior financial executives at large US-based companies with operations in Texas, Florida or Puerto Rico, last year’s hurricane season brought not only catastrophe to their communities, but a risk management wake-up call for 2018 and beyond.
Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security as a top risk management priority, according to a new global survey conducted by Marsh and Microsoft.
Each year the World Economic Forum’s Global Risks Report identifies and analyzes risks facing countries, economies and organizations. As the pace of change accelerates, and as risk interconnections deepen, this year’s report highlights the growing strain placed on many of the global systems we rely on.
Communication is the key for risk management professionals to engage leadership, become trusted partners and strategic advisors, according to RIMS’ new professional report ‘The Top Five Steps for Communicating with Executives.’
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Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.
