A new study from the analytics organization, SAS, and Longitude looks at approaches to risk management and resilience in the banking sector around the world. The study, ‘From Crisis to Opportunity: Redefining Risk Management’, is based on a survey of 300 senior banking executives
Research by Egress has found that 90 percent of security leaders are concerned about group legal settlements following a serious data breach. Launched to commemorate three years of GDPR, the research also found that almost half (47 percent) of consumers were likely to join a class-action lawsuit
Senior executives are justifiably concerned about cyber risks, but what involvement should they have in order to help make the business more resilient and a recovery more successful? Colin Jeffs MBCI explains the difference having an overall strategy for resilience, sponsored at board level, can make...
The availability of data is the single greatest difficulty that firms expect to face over the next five years whilst making plans to address climate risk, according to a survey of leading financial institutions by Willis Towers Watson.
The ‘Reputation Report 2021’, published by Igniyte, presents the results of a survey of 500 UK business owners and managers into reputation-damaging incidents and how businesses attempt to manage such crises.
According to the inaugural Marsh Risk Resilience Report, as new challenges continue to emerge, and the risk landscape grows increasingly complex, the competitive advantage that ‘risk resilient’ firms can gain is increasing.
Enterprise risk management programs need to have mechanisms that management can use to measure their effectiveness. This is possible using key performance indicators (KPI) and key risks indicators (KRI). In this article, Alberto G. Alexander, Ph.D, MBCI explores this area.
A new survey by Deloitte into extended enterprise risk management (EERM) has found that more than half of (51 percent) of responding organizations have faced one or more third-party risk incidents whilst responding to the COVID-19 pandemic.
The New York State Department of Financial Services (DFS) has issued a report into the SolarWinds cyber attack, saying that the incident shows that a cyber attack could be the root cause of the ‘next great financial crisis’.
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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.
