Recently, I spoke with several clients who had attended mortgage industry conferences. Each one of them pointed out the very same fact: Operational risk and regulatory compliance are the most ...
Integrated risk management (IRM) is becoming an increasingly popular term to showcase the importance of risk at the forefront of corporate governance, as well as inferring that, traditionally, these ...
The severe disruptive effects of Covid-19 on banks’ activities, have made identifying, measuring, controlling, and monitoring operational risk at banks more important than ever. Operational risk is ...
Identifying and assessing operational risk lets you make changes in your company to secure operations and reduce risk of business failure. Operational risk is the total of risks you run when operating ...
Severe weather conditions have a tremendous impact on our power grid as well as downstream costs for people, property, and brands that are costly and time-consuming to recover from. For example, ...
What is supply chain risk? Understanding supply chain risk is fundamental in being able to effectively manage operational risk. Two of the most significant threats operational leaders face are cyber ...
The latest AI-powered incident management tools can help restore continuity from the chaos of unplanned disruptions.
All the intent in the world is irrelevant if you lack the ability to quickly identify and plan for critical events Organizational risk has become increasingly more complex, and external threats aren’t ...
Even the most sophisticated federal agencies have found it difficult to effectively measure and evaluate the cyber risk of their contractor base. The U.S. federal government relies on an ...
NEW YORK, May 20, 2019 /PRNewswire/ -- The majority (79.2%) of C-suite and other executives recently polled by Deloitte say significant operational risk events impact shareholder value over the long ...
Although it’s crucial to seize control of the technology environment, this goal remains elusive in almost every industry. Technology is embedded into most critical operating processes, which means the ...