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A study from the Chartered Institute of Internal Auditors revealed that weak risk management systems were  responsible for more than half of all the fines handed out by the FSA to financial services businesses, amounting £38.5m during 2011.

If one needed a strong signal that ineffective risk management and poor internal control systems were taken seriously by the regulator, this is it.

Weaknesses and failures in risk management often result from poor communication and misunderstandings, ineffectiv

Is your organisation leveraging the competitive advantage of a positive cyber security culture? What is your organisation doing to promote cyber security and support the Government in making the UK the world's leading market place? It’s a fine line between protection and enablement –   how is your organisation dealing with the cultural and behavioural impacts?  

These questions and more were raised at the CYSPEX Cyber Security Breakfast held at the Houses of Parliament on the 1^st March 2012.  It

It is 8:00pm as the last conversation ends between a Director of Audit and Risk in the Energy sector and an Executive Director in the private equity industry. Although they have only just met, they’ve spent the evening with plenty to talk about, particularly surrounding our first Happy Hour Topic, Strategy and Risk.

At 5:00pm we opened the doors of a quaint London bakery and welcomed professionals from all industries to join us to discuss strategy and risk; three hours on our guests have exchange

Andrew Smart, CEO and founder of Manigent, a Strategy and Risk Management consultancy, has recently developed a whitepaper on designing an operational risk appetite statement. This paper outlines a seven step process which enables organisations to deliver an operational risk appetite statement which will meets regulatory obligations while adding real business value. This paper was recently featured in new e-magazine, The Risk Universe, which is a new online publication developed by industry prof