I am always in search of free online resources regarding diverse outlooks on risk. Recently I stumbled upon a great source of risk related concepts after listening to an episode of The Knowledge Project podcast which featured a guest, I was unfamiliar with. This guest, some sort of investment expert, started catching my attention with […]
Governance
5 Quotes All Risk Leaders Should Live By
Quotes are collections of words that can transcend time creating literary legends in as few as one breath. Marcus Aurelius, Plato, Gandhi, Bukowski, Emerson, Hemingway, and even Gordon Gecko have given us quotes that make us think, motivate us to act, and even question the world around us. I have always been a sucker for […]
3 Analysis Models All Risk Leaders Should Know
Risk management is an integral part of any business however most of the time it is simply seen as an add-on process that is often shoved into a silo to be kept away from core business functions. Now, this is no fault of business leadership as risk management has a historical reputation of being a […]
The Risk Librarian: 5 Free Online Sources for Risk Professionals
Knowledge is power in the risk management industry, an industry that must constantly keep up with a rapidly changing global environment encircling it. In business as in risk management the saying ‘innovate or die’ holds truth. Risk practitioners must always be ahead of the risks that impact their organizations daily, risks which can adversely impact […]
5 Soft Skills All Risk Managers Need
Being a risk manager is a truly unique position within any organization. This specialized role requires specific technical and soft skills to be successful and to create a risk-aware culture that permeates at all levels of the business. A few of the most common skills related to risk management professionals include financial acumen, effective communication, […]
6 Must Read Risk Management Books for 2020
Risk management has evolved quite a bit in the last century, from a simple way of managing business risks to becoming a tool assisting business leaders with making smarter decisions involving uncertainty and its subsequent limitations. I have found through my studies and academic work that some of the best risk management books out there […]
Internal Audits Role in Fighting Cyber Attacks
Cyber-attacks are growing exponentially as our world becomes more digitally integrated on a global scale. From ransomware holding data hostage to phishing attacks spoofing innocent users, cybercriminals are looking to exploit the exponential amount of data existing in today’s world for easy payouts. A troubling stat from Cybersecurity Ventures estimates cybercrimes will costs businesses $6 […]
Fraud Orchestration Creates Seamless CRM Integration
Banks and financial institutions have a current challenge in meeting increasing customer demands. The financial industry has turned to customer relationship management (CRM) technology as a solution to providing a better customer experience from mobile apps to branch locations. CRM has become almost a necessity within the financial services industry to create customer experiences which […]