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 […]
Systems and Controls
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 […]
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 […]
The Hidden Cost Of Reputation Risk
Reputation risk has become a key concern for the businesses in the wake of the Great Recession and with the rise of social media. A damaging headline, lawsuit or unfortunate customer experience can severely impact financial performance and brand value. However, the vast majority of firms do not have a well-thought-out strategic approach to manage […]
INFOGRAPHIC: A Look at Top Banking Trends in 2016
Thanks to the rise of chip-based credit cards and person-to-person payment systems, 2015 was a transformative time for banking institutions. But statistics gathered for a recent CDW infographic indicate that 2016 will be no less eventful. The continued shift to digital represents one of the biggest banking trends in the new year. More than 60 […]
Build Resiliency With Business Continuity Management
Multinational consultancy company Accenture has been leading efforts and finding the most appropriate solutions for business continuity for its clients. Not surprisingly, their publications are always under our radar and we try hard to keep up with Accenture’s output in several areas, including Risk Management and Business Continuity Management. Things happen…. hurricanes, power outages, systems […]