According to the Institute of Risk (IOR), “A workable risk taxonomy – often referred to as risk categorisation – can be regarded as the foundation upon which an effective operational risk management framework is constructed. [...]
Can having an appropriate risk culture help in the attainment of business goals and avoidance of potentially destructive surprises? The answer is ‘yes’ according to the Institute of Operational Risk (IOR), taking up the topic [...]
Geopolitical risk is the number-one global corporate risk. Political and civil tensions remain high across the world. The race between the U.S. and China for technological leadership is intensifying. Geopolitically motivated cyber events are increasing, [...]
By Jim Wetekamp, CEO, Riskonnect Forbes Council Member | Forbes Technology Council Published July 12, 2021 The past year exposed a host of risk management limitations, inefficiencies and blind spots that had been quietly [...]
By Jim Wetekamp, CEO, Riskonnect. Reprinted as published by Forbes. The past year has been full of unexpected risks, unwanted surprises, and unimaginable consequences. Organizations everywhere were caught flat-footed by a risk they never [...]
Businesses have never needed resilience more than they do now. Building resilience, however, isn’t always easy – especially if you don’t have the right tools at your disposal. Resilient organizations can see what risks are [...]
By Jim Wetekamp, CEO, Riskonnect Disruptions across the world are spurring changes in risk oversight and leading many organizations to think long and hard about adding a CRO. Consider the numbers: LinkedIn reports the [...]
Building business resilience has risen to the top of the priority list to navigate today’s nearly constant flow of disruption. Over the past few years, businesses have had to keep up with a crush [...]
Technology has always played an integral role in banking. And that’s never been truer than today. The pandemic accelerated digital transformation in banks. Financial services organizations of all types are embracing new technology like [...]
The events of the past year have made it crystal clear that resilience is no longer a crisis-driven capability that only occasionally comes into play. Resilience needs to be a regular part of doing [...]
By Jim Wetekamp, CEO, as published by Strategic Risk Europe The risk management function is undergoing a fundamental transformation spurred by the coronavirus pandemic. Once viewed as a back-office function that rarely got the attention [...]
As published by Continuity Central The COVID-19 pandemic and its devastating consequences caught plenty of organizations off guard. While it can be difficult to contemplate the next big crisis in the midst of the [...]
