Risk Management

Risk Management information

A video overview from the IBM Center for The Business of Government introducing Analytics and Risk Management

This video from IBM Center for the Business of Government outlines 4 reports available looking at Analytics and Risk Management and how it can be used.

More information and the reports can be downloaded from the IBM Center for The Business of Government.  

Standards Australia emphasises Risk Management in AS/NZS5050 BCM Standard

 

The latest Standard to the be released titled “AS/NZ5050 - Business Continuity Managing disruption-related risk” comes from Standards Australia and arrived just a few months before the US BCM Standard jointly developed by the BSI and ASIS . 

 

In an interesting departure from established convention the Australia/New Zealand Standard takes different slant on key aspects of the process and connects far more with with risk management principles than others. The Standard itself declares that “the approach (taken) to managing disruption-related risk described in the Standard is through application of AS/NZS ISO 31000:2009, Risk management—Principles and guidelines.”

US Rail Company talking on the benefits of IBM Business Resilience (video)

This video features interviews with an Client who has developed robust business rooted resilience that delivers commercial benefits and savings. 

The Company talks about how they have benefited from Risk Management and operational improvements to their services as well as better portability and access to data using a variety of resilience and virtualisation techniques 

FINANCIAL REPORTING COUNCIL releases new UK CORPORATE GOVERNANCE CODE

 

Business Continuity Forum

The Financial Reporting Council has released its updated corporate governance code which builds and clarifies the responsibility on Listed companies.

 

The new code applies from 29 June 2010 and applies to those with a Premium Listing regardless of whether they are incorporated in the UK or elsewhere.

Risk and Executive Management awareness

 
Macroawareness of risk – is this really a reasonable expectation of executive leadership and the board?

By Joe Long, Solomon Joseph Consulting
 
Although it can be argued that there is nothing new under the sun, today’s business climate mirrors nothing like we have seen in the past. Over the last decade, the speed of the news headlines is only rivaled by society’s appetite for more and more news. From daily blogs to twitter to the myriad of news channels covering every business nuance worldwide, top executives for large organizations are expected, if not required, to stay on top of everything that has the potential to affect their business. Therefore, in spite of the very real threats of terrorism, pandemic, global warming, global economic meltdown, supplier bankruptcy, cyber attacks, etc.; the single biggest threat to directors and officers right now is the inability to sustain ‘Macroawareness’.
 
 

Marsh Finds UK Firms lacking Knowledge of Overseas Risks

Research by Marsh has determined that "British organizations are more concerned during the recession by overseas risks affecting their supply chains and business rather than by threats closer to home."

In its new Business Continuity Management (BCM) survey, "Facing an Uncertain Future," Marsh polled 109 UK firms and public sector organizations to establish their attitudes towards and levels of preparedness for key BCM risks such as terrorism, supply chain disruption and economic conditions.

Risk and Reputation Presentation

This presentation is used to communicate the importance of Brand and Reputation Management.

If you would like help or further support please do get in touch directly.

Risk and Reputation Presentation

Auditing the Business Continuity Process

A view on SOX and the BC Process

In a recent interesting piece by Dr Eric Schmidt of TDS Inc. he explores some of the background of the Sarbanes Oxley and looks at the implications it has for Organisations affected and specifically the impact on Business Continuity Practitioners. He argues persuasively that regulatory initiatives and world events are driving the convergence of business continuity, security and information management under the umbrella of enterprise risk management, sometimes referred to as global assurance.

Crisis And The Web

Managing a Digital Crisis


One thing is certain: A new scandal or crisis always seems to be around the next corner. Yet today, very few brands and celebrities know how to fully leverage the Internet when faced with a public relations crisis.

Recent PR nightmares for JetBlue, Turner Broadcasting, Dell Computers and KFC-Taco Bell demonstrate that as the "social Web" evolves, the focus for brands needs to be less on digital marketing and more on digital brand management.

The Real Disaster: Inadequate Preparation

As risk of disruption rises hedging against fate is essential

In the past five years, businesses have had to deal with September 11, SARS, port strikes, hurricanes, and a possible pandemic. Though planning for low-probability, high-impact events is low on many executives' task list [only 32% have a plan], not planning isn't a strategy. 

Workplace crises: What to do if the worst happens

While much corporate attention has, over the past several years, been lavished on security - with everything from guards, access control cards and electronic intrusion detection systems now the norm - managing a crisis in the workplace is sometimes neglected.

Companies look to cut the risk to data by looking at "near-shoring"

April 26 2005

Security and privacy concerns are becoming the biggest issue for companies considering outsourcing their IT projects to companies offshore. Analyst house Gartner said that this year concerns about job losses will be overshadowed by these security issues. Gartner research director Ian Marriott commented: "This will become the top issue for companies taking their work to other parts of the world."

Hackers attack IT conference

Security experts attending the Wireless LAN exhibition found that anonymous hackers in the crowd had created a website that looked like a genuine log-in page for a Wi-Fi network, but which actually sent 45 random viruses to computers that accessed it.

The Risk Advisory Group:

At the heart of a growing industry

By Mark Huband Published: June 24 2005 13:52  

Helping businesses help themselves is no longer the benevolent act it may have seemed in the aftermath of the September 11, 2001 terrorist attacks. A sense of common purpose prevailed as private sector advisers, government agencies and companies themselves sought to address the threat to business operations in the months after the attacks in the US. But in the more than three years that have since passed the roles and outlooks of all forces in the provision of security have changed.

Examining the Risk Management Environment

Half of the risk managers who responded to a recent survey believe that the insurance market is softening and that premium rates will reach their lowest point in 2007 and 2008.

Property and casualty rates are anticipated to drop more significantly than D&O and workers compensation, but despite this optimism, only about a third of those surveyed believe that their insurance spending will decrease in 2005 and 2006.

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