The latest enterprise risk management news from around the world

Implementing enterprise risk management

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. 

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Updated version of ISO 31000 risk management standard now available

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’.

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Customer notification plans are GDPR weak points

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.

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The World Economic Forum publishes its annual Global Risks Report

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.

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