The 2016 RIMS Cyber Survey looks at cyber risk management and insurance. Overall the survey found that there has been a 29 percent increase in the purchase of stand-alone cyber insurance.
The risks posed by cyber attacks and reputational damage are increasingly worrying small and medium-sized enterprises (SMEs), according to Zurich Insurance Group’s third annual global SME survey.
RIMS, the risk management society, has announced the acquisition of the Risk Manager of the Year Award, an award program that was formerly administered by Crain Communications Inc.’s Business Insurance magazine.
While most organizations have a data breach preparedness plan in place, data indicates that executives are not updating or practicing the plan regularly and lack confidence in its effectiveness.
The Brexit vote has raised a question mark over the UK’s future ability to do business and, as a result many businesses, as part of responsible contingency planning, are considering relocating operations or headquarters, according to KPMG’s first ‘100 UK CEOs’ survey.
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.
European risk managers are taking a more strategic role in their companies with increasing access to top management levels and the board. Against this background, they have a wider vision of the risks that could affect the ability of business to achieve its objectives.
BSI has published PAS 3001:2016 ‘Travelling for work – Responsibilities of an organization for health, safety and security – Code of Practice’. Developed in association with International SOS this new code of practice advises organizations on how to address and manage the health, safety and security risks posed to their employees who are travelling for work.
The Federation of European Risk Management Associations (FERMA) has launched a campaign to change misperceptions of captive insurance by tax authorities and other public bodies.
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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.
