Protiviti and North Carolina State University’s ERM Initiative recently published their annual global risk report titled, Executive Perspectives on Top Risks 2019. This report focuses on the top risks executives are concerned could impact growth opportunities or create operational challenges in executing strategy. Here is the thirty thousand foot view, the global business environment is […]
Author: Cory Mangum
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 […]
Fraud Orchestration Will Keep Banks on Key
Technology is rapidly advancing economic globalization and changing the way consumers interact with businesses all over the world. To meet this new demand, banks and financial institutions are creating new, innovative channels to meet the needs of changing consumer practices. New opportunities but also new financial risks to combat. Financial criminals are always looking for […]
Crime Fighting Computers
Advanced technology is taking charge in fighting financial crimes Developments in technology and economic globalization make sending money anywhere in the world faster and easier today than ever before. However, with these developments comes an increasing challenge to identify and prevent financial crimes such as money laundering and other illicit economic activity. The United Nations […]
Greece, a Fragile Paradise
How can Greece climb out of the current debt crisis gripping its country? Greece is a beautiful country. If you have ever had a chance to visit her historical temples, walk her picturesque beaches, or sail to any one of her hundreds of islands, you know firsthand the power of her beauty. However, below this […]
Creating Value in Operational Risk Management Through Behavioral Science
One of the greatest risks to the success of an organization is human error, an operational risk that exists within every organization. Human errors lead to accidents, legal issues, financial costs, and many other risks that adversely impact an organization all over the world. But what if there were ways to implement human risk control […]
ERM Adoption Struggling to Keep Pace in Today’s Complex World
It has been a decade since the Great Recession hit our country, threatening to end the American way of life through an economic meltdown. In hindsight, the 2008 sub-prime loan crisis can go down as one of the greatest cumulative risk management failures in U.S. history. When rewards increase, the risks always follow suit, a […]
Social Media Best Practices
Take a stroll through any university campus and you will see countless individuals roaming the social media platforms in their mobile devices. It is everywhere, and it is not going anywhere. Social media, in my opinion, will go down as one of the greatest creations by man, mediums that allow for information to be shared […]