Risk Topics

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Three supply chain risk management lessons learned from COVID-19
As the COVID-19 pandemic quickly spread around the world, businesses and individuals had to make quick decisions to adapt to the crisis. As the world gradually attempts to make a return to normal, there are several important supply chain lessons we can take into the post-pandemic business environment.
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• World

RDDoS attacks on organizations becoming as important as ransomware says report
44 percent of organizations have been the target or victim of a ransom-related distributed denial of service (RDDoS) attack in the last 12 months, according to new research from the Neustar International Security Council (NISC).
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• World

Latest US NTAS Bulletin highlights threats associated with 9/11 anniversary
The US Secretary of Homeland Security, Alejandro N. Mayorkas, has issued a new National Terrorism Advisory System (NTAS) Bulletin regarding the heightened terrorism threat environment across the United States.
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• US

Europol issues Islamic State and al-Qaeda terrorism threat assessment
Europol has issued the third edition of its annual report on Online Jihadist Propaganda, which provides an analysis of ‘the major trends and developments in online propaganda of the most prominent jihadist organizations for the year 2020’.
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• World

FEMA announces full launch of National Risk Index
FEMA has announced the full application launch of the new US National Risk Index, an online resource that provides a clear, visual guide to natural hazard risks throughout the United States as well as information to help communities and organizations to understand and reduce those risks...
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• US

Building an effective enterprise risk management culture
In this article, Alberto G. Alexander, Ph.D , MBCI, describes a framework to help organizations develop an effective enterprise risk management culture. He also looks at best practices for managing and maintaining a risk culture once it is place.
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• World

ESG regulatory requirements grow as a source of risk: Gartner
Regulatory risk related to environmental, social and governance (ESG) disclosures has rapidly risen to the second overall position in Gartner’s latest Emerging Risks Monitor Report. ESG regulatory requirements present organizations with both notable risks and opportunities...
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• World

Businesses impacts of bot attacks explored in new report
Netacea, the bot detection and mitigation specialist, has released results from a new survey-based report that reveals the high price that businesses pay because of bot traffic.
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• US / UK

Global study provides a snapshot of risk and compliance programs around the world
NAVEX Global survey report shows that business continuity plans helped organizations mitigate the pandemic’s impact; also highlights reductions in leadership support when risk and compliance clashes with business objectives.
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• World

Climate change is widespread, rapid, and intensifying: IPCC report puts the scale of climate risk in perspective
Scientists are observing changes in the Earth’s climate in every region and across the whole climate system, according to the latest Intergovernmental Panel on Climate Change (IPCC) Report, released on August 9th.
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• World

COSO issues guidance document on Enterprise Risk Management for Cloud Computing
The Committee of Sponsoring Organizations of the Treadway Commission (COSO), in collaboration with Crowe LLP, has developed new ERM guidance: ‘Enterprise Risk Management for Cloud Computing’.
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• World

ENISA report looks at the Threat Landscape for Supply Chain Attacks
According to a new ENISA report – ‘Threat Landscape for Supply Chain Attacks’, which analysed 24 recent attacks, strong security protection is no longer enough for organizations when attackers have already shifted their attention to suppliers.
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• Europe

NIST starts work on artificial intelligence risk management framework
The US NIST has made a Request for Information (RFI) call, as it commences the development of a risk management framework for artificial intelligence. Through the RFI, which appears in the Federal Register, NIST will gather initial information for a draft guidance document intended to help AI developers, users, and evaluators improve the trustworthiness of AI systems.
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• US / World

State of IT and Cyber Risk Management Survey Report highlights trends and weak areas
MetricStream has announced the results of its State of IT and Cyber Risk Management Survey Report 2021. Compiled from the opinions of key IT risk and compliance executives around the world, key findings show that IT and cyber risk measures escalated as a priority during the pandemic.
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• World

Cyber attackers will weaponize operational technology environments to successfully harm or kill people
By 2025, cyber attackers will have weaponized operational technology (OT) environments to successfully harm or kill humans, says Gartner.
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• World

‘Getting Started with Enterprise Risk Management: A Guide for Nonprofits’
The ERM Initiative at NC State has announced the release of new ERM guidance, ‘Getting Started with Enterprise Risk Management: A Guide for Nonprofits’.
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• US / World

New RIMS report looks at Rethinking the Impact of Disruption on Enterprise Risk Management Tools and Processes
The ability to detect and recognize sources and impacts of risk and disruption may determine the commercial survival of an organization, according to the newly published RIMS Executive Report 'Rethinking the Impact of Disruption on Enterprise Risk Management Tools and Processes'.
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• World

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