Although they are new and often not well understood, emerging risks can be identified, evaluated and response plans can be implemented to create a competitive advantage for the organization, according to a new RIMS executive report ‘Identifying and Evaluating Emerging Risks’.
73 percent of high-performing risk programs that have risk management represented in executive management meetings (most or all the time) are more likely to exceed performance goals and achieve higher growth
Concerns about rapidly accelerating privacy regulations and their associated regulatory burdens has become the top emerging risk that organizations face globally, according to Gartner’s latest Emerging Risks Monitor report.
Economic and global trade concerns are challenging organizations' ability to invest adequately in preparing for and protecting the continuity of their operations, according to findings from Aon's 2019 Global Risk Management Survey.
The Federation of European Risk Management Associations (FERMA) has expressed concern about the ISO/IEC 27102 ‘Information Security Management Guidelines For Cyber Insurance’ standard, which is currently under development.
Protiviti and the Shared Assessments Program have released findings of their 2019 ‘Vendor Risk Management Benchmark Study: Running Harder to Stay In Place’ report, an extensive study of organizational risk posture assessed by industry sector and program criteria.
BSI has identified five major themes that are most likely to impact the supply chain through 2019; these are described in the SCREEN Global Intelligence Report: Top Potential Supply Chain Trends for 2019.
Failing to maintain trust undermines customer loyalty and damages revenues, with over three quarters (79 percent) of UK consumers saying they’ll leave a supplier that they don’t trust anymore.
Organizations should focus on developing stronger digital skills and capacity in their risk function in order to make more informed decisions about risk in a technology-driven world, according to the eighth edition of PwC's Risk In Review study.
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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.
