Supply chain risk rose for the second consecutive quarter in Q1 2016, with several natural disasters revealing regional differences in the resilience of global supply chains, according to the CIPS Risk Index, powered by Dun & Bradstreet.
Risk agility has the ability to maximize growth in the near-term, but aligning agility with risk resiliency will give companies the greatest competitive edge in the long-term, according to a new study from PwC US entitled, ‘Risk in review: Going the distance’.
A formal risk appetite and risk tolerance statement can become a powerful strategic tool for not only managing risk but also for maintaining an effective balance between risk and reward: according to RIMS’ newly released Executive Report ‘Steps to Successful Risk Taking: Developing an Effective Risk Appetite and Risk Tolerance Statement.’
A new study by researchers at Florida Atlantic University and Providence College has found that vivid language intended to assure potential whistleblowers they will be protected from retaliation is instead likely to evoke fear and make them less likely to report misconduct.
While the majority of global organizations say that it is ‘vital’ their organisation is insured against information security breaches, less than half (41 percent) are fully covered for both security breaches and data loss and just over a third have dedicated cybersecurity insurance.
Aon Global Risk Consulting has published its 2016 Captive Cyber Survey report, which finds that the costs of business interruption due to a breach is the top cyber risk concern for businesses across all industries.
The Federation of European Risk Management Associations (FERMA) has told the European Commission that enterprise risk management is the best method for companies to approach the new EU requirements for large companies to report on their non-financial or corporate social responsibility risks.
New EU data protection rules were given their final approval by MEPs on Thursday and the countdown for European-based organizations to manage the compliance risk has started. The European Parliament’s vote ends more than four years of work on a complete overhaul of EU data protection rules.
Marsh and RIMS have jointly published the 13th annual Excellence in Risk Management report, which finds that, while risk professionals are increasingly relied upon to identify and assess emerging risks, there remain organizational and other barriers to providing that critical view ‘around the corner.
The entire Continuity Central website is scanned daily by Sucuri to ensure that no malware exists within the site. This means that you can browse with complete confidence.
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.
