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.
Sword GRC has published findings from its annual survey of global risk managers. Almost 150 risk managers from highly risk-aware organizations worldwide were canvassed for their opinions. Overall, cyber risks are seen as the biggest threat to business, with a quarter of organizations stating that this is the case.
Global survey report identifies legacy infrastructure, succession challenges and regulatory change as the top risks for businesses in the digital age.
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.
A recent survey by Deloitte has shown that organizations are concerned about several extended enterprise risks, including supply chain, financial, regulatory, legal, and strategic. Organizations need to manage these areas centrally, leading to an expectation that ‘extended enterprise risk management’ (EERM) will be a 2019 priority.
The Society for Risk Analysis (SRA) has published three new documents, aimed at advancing the science of risk analysis. These cover the core subjects and key principles of risk analysis and provide a glossary of risk-related terminology to support research and practices for all types of applications.
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.
Professional accountants have a meaningful opportunity to enable more effective enterprise risk management within the organizations that they work for, according to a report published by IFAC (the International Federation of Accountants).
A new study published in Nature Climate Change analyzing the climate risk disclosures of 1,630 companies found that many companies are failing to accurately characterize their climate change risk or adequately prepare for its physical impacts.
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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.
