Risk Topics

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Cyber insurance and identity threat detection and response: partners in resilience
Cyber insurance is an important tool in overall cyber resilience, but obtaining it, and ensuring that any claims will be paid out, requires ongoing attention to other defensive areas. One of these is identity threat detection and response, and in particular the protection of Active Directory. James Doggett explains further...
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• World

A guide to using root cause analysis
This E-Book will help you understand and use root cause analysis (RCA) to address the underlying causes of incidents that impact your organization. This will help you take actions to ensure that the issue does not occur again.
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• World

Don’t let COVID fatigue derail your pandemic plans
SaferMe is highlighting the issues of ‘COVID fatigue’ which is making it harder for organizations to ensure that they are fully prepared for future pandemics.
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• US / World

Survey finds that disconnected finance and operations teams in many organizations results in risk management weaknesses
Disconnected finance and operations teams can expose businesses to new risks, KPMG research reveals; and environmental, social and governance (ESG) is a particularly weak area.
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• World

Getting started with the business impact analysis
This resource explores what the business impact analysis (BIA) is, how to get started, and provides access to an easy to use BIA and Risk Assessment Worksheet to carry out your first business impact analysis or to improve existing BIAs.
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• World

CEOs increasingly concerned about reputational risk
KPMG has published its 2022 CEO Outlook, which asked more than 1,300 CEOs at the world’s largest businesses about their strategies and outlook. The survey identified the areas that CEOs see as the top medium term risks.
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• World

Survey finds that UK businesses are struggling with ESG
Almost half (44 percent) of UK businesses say they are failing to deliver on their sustainability commitments and one in five (18 percent) admit to publicly exaggerating their green credentials according to a poll of more than 1,500 senior executives by corporate and environmental, social, and governance (ESG) communications agency, Clearly PR.
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• UK

US Federal Reserve Board announces pilot to assess banks’ management of climate-related risks
The Federal Reserve Board has announced that six of the US's largest banks will participate in a pilot climate risk scenario analysis exercise designed to explore risk management in this area.
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• US

The top three emerging risks facing smaller UK organizations
According to new survey-based research by Marsh, the top emerging risks faced by small and medium-sized companies are facing all reflect the wider economic climate.
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• UK

2022 Global State of Enterprise Risk Oversight: 5th edition of wide ranging study published
The 2022 Global State of Enterprise Risk Oversight, 5th edition, a joint commission with North Carolina State University and AICPA & CIMA, reports on the ever-evolving status of risk management globally.
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• Various

Taking a systems approach to managing risk and increasing resilience
Lynnda M. Nelson looks at how to increase your preparedness and reduce risk by taking a systems approach to managing risk and increasing resilience. She also explores risk-based thinking and the importance of considering your organization’s risk culture.
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• World

New NIST report covers ‘Staging Cybersecurity Risks for Enterprise Risk Management and Governance Oversight’
NIST has released NIST Internal Report (IR) 8286C, ‘Staging Cybersecurity Risks for Enterprise Risk Management and Governance Oversight’. This new report completes NIST’s cyber security risk management (CSRM) and enterprise risk management (ERM) integration cycle.
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• US / World

Association for Financial Professionals finds that treasury professionals are increasingly involved in business continuity and risk management
According to the 2022 AFP Strategic Role of Treasury Survey, published by the Association for Financial Professionals (AFP) and supported by Marsh McLennan, treasury professionals have expanded their role scope to support other functions.
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• World

Preparing for the Metaverse and its associated risks
By 2026, it’s predicted that a quarter of people will spend at least one hour a day in the Metaverse, and not just for entertainment but for work too. More and more businesses are starting to explore how they can leverage this virtual world, but are they thinking about the risks as well as the opportunities? Deryck Mitchelson explores…
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• World

Workplace bullying reflects structural risks present in organizations
Workplace bullying costs global employers billions of dollars every year in absenteeism, stress leave, and lost productivity. It also points to structural risks present in organizations, says a new research paper.
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• Australia / World

Researchers look at ways to improve climate risk management via ‘prediction markets’
Published in the journal Nature Climate Change, ‘Prediction-market innovations can improve climate-risk forecasts’, a new paper from academics at the Universities of Lancaster and Exeter, details how expert ‘prediction markets’ could improve the climate-risk forecasts that guide key business and regulatory decisions.
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• UK / World

Majority of enterprises see supply chain cyber risk as a top priority
The latest research conducted by NISC finds growing concerns among cyber security leaders over supply chain risk and an erosion of trust in the security practices of their software and service provider partners – even as they rely more heavily on them.
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• World

Verisk Maplecroft warns of 'unprecedented rise in civil unrest' in many countries
Verisk Maplecroft says that the world is facing an unprecedented rise in civil unrest 'as governments of all stripes grapple with the impacts of inflation on the price of staple foods and energy', according to the latest edition of its Civil Unrest Index (CUI).
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• World

Successful digital twins: building an enterprise approach to delivery
KPMG has published guidance for organizations considering implementing digital twins. Digital twins have wide ranging uses for optimizing businesses, not least in the areas of resilience and risk management.
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• World

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