This is a great article by Kate Strachnyi from Risk Articles which shows a very interesting analysis and findings on the role of Chief Risk Officer (“CRO”). The main question driving this analysis was: Where do CROs come from? Using product Tableau, the study displays a visual timeline style chart and relies on key data […]
Governance
14 Recommended Governance, Risk, And Compliance Platforms
Global research firm Forrester has analysed and scored a number of Governance, Risk, And Compliance (“GRC”) Platforms and selected 14 significant providers – a few more than a handful. For the assessment of the final provider list, Forrester used a set of 23 criteria points. The resulting report shows how each provider measures up and will help […]
Executive Perspectives on Top Risks for 2018
In the end of 2016 we reported Protiviti’s findings and views on the 10 top risks for 2017, based on Protiviti’s fifth annual risk survey of directors and executives, in partnership with North Carolina State University’s ERM Initiative. Similarly, Protiviti has published their Executive Perspectives on Top Risks for 2018. Highlights resulting from this year’s results Organizations […]
It’s not about Risk Management
This is another excellent post by Norman Marks, renowned author of blog Governance, Risk Management and Audit. Among the several very current and valid considerations made by Norman in this post, illustrated by a meeting held between a CEO, CIO, CRO, EVP Sales and COO of a hypothetical firm, one sentence immediately stands out – and […]
INFOGRAPHIC: 11 Key Questions About EU GDPR
If you are reading this article, independently of the industry you work on, by now you’ve probably heard of the General Data Protection Regulation, commonly referred to as GDPR. This regulation is currently being considered the most important change in data privacy regulation in 20 years. After four years of preparation and debate, the GDPR was approved […]
The Global Risks Report 2018
Similarly as last year, we are publishing the most recent Global Risks Report 2018, 13th Edition, by the World Economic Forum. At a glance, the Global Risks Landscape will give us a clear overview of the Risks considered for 2018, from an impact and likelihood perspective, with the risks being laid out in a matrix […]
2017 Global Risk Study – Banking
By the mid-2020s, banking should look very different. By then, the disruptive forces in this decade of change should have consigned time-worn business models to obsolescence. To survive—and thrive—banks should take swift action. While the risk function is focused on managing new competitors and new risks, it is also expected to drive efficiency and make […]
COSO Updated Enterprise Risk Management Framework
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released an update to its ERM Framework: Enterprise Risk Management–Integrating with Strategy and Performance, which is the first and long awaited since 2004. The updated COSO framework was developed by PricewaterhouseCoopers by request of the COSO board of directors. The main objective is to keep […]