Effective governance requires changes in the way risks are managed across "stove-pipes" or "business silos". More often than not, when loss events occur it becomes clear after the fact that different silos were holding onto different pieces of the risk puzzle but no one could put the pieces together. So the problem is how to identify risk?
Many risk managers are so bogged down by loss event capture and incident management, that being able to focus on preventing loss events and identifying emergi
