UK Business owners will now find it easier to buy terrorism insurance that will pay out if they lose custom in the wake of a terror attack because they cannot trade or are prevented from accessing their premises.
The Dubai Electricity and Water Authority (DEWA) and the British Standards Institution (BSI) have signed an agreement to develop the PAS 60518:2020 standard for risk management in the energy and utilities sector.
Today’s business climate dictates that organizations will need to continue to rely on third parties to remain competitive and alleviate internal processing burden. All of these relationships present some sort of risk to organizations that requires managing and monitoring.
Nearly 75 percent of CFOs are at least moderately concerned about the risks they might face in the next 12 months, according to a national survey released today by Euler Hermes Americas.
In a volatile market environment and with the edict to ‘do more with less’, many financial institutions are beginning efforts to re-engineer their risk management programs, according to a new survey by Deloitte.
Staff shortages have escalated in the last three months to become the top emerging risk organizations face globally, according to Gartner, Inc.’s latest Emerging Risks Survey.
The development and application of artificial intelligence (AI) has growing implications for European risk managers, the Federation of European Risk Management Associations (FERMA) has told the European Commission.
Company executives are not adequately identifying and preparing for risks that can have potentially catastrophic implications on business operations, according to DuPont Sustainable Solutions’ (DSS) annual global survey of company executives.
The recently published Allianz Risk Barometer 2019 says that traditional risks such as natural catastrophes continue to challenge, while other threats, including business interruption and reputational risk, continue to evolve.
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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.
