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I see more and more talk about Risk Assurance and Risk Attestation (together with so many advertisements of people and organisations offering these services). This sounds like getting stuck even deeper in the trenches of the 3/4/5 Lines of Defense by trying to provide confirmation that “nothing bad will happen on my watch”. We will take NO risk, nobody will stick out their head and nobody will get hurt----we will also make NO advancement on the battlefield of business; something similar to what

Mobile app development has changed a lot in the past couple of years. The usage of complicated programming languages and automated features which are falling into the big world of Machine and Deep Learning have definitely impacted the way many people are approaching the topic. The usage of PWA(Progressive Web Applications) and other forms of simplified architectures within mobile app development has been the first step in using server-oriented applications, a matter that, in a cloud-oriented dev

In the world of healthcare, risk can be considered one of the biggest dangers to patients. It’s a core element that is considered in the industry to ensure patients remain safe. Unfortunately, it’s impossible to completely remove risk from any site. However, any effort to ensure that it’s reduced can be extremely positive in making sure there’s less chance of it happening. 

In healthcare, the list goes on about ways that patients and staff can keep safe in their working environments. The safety o

The current pandemic crisis has left many countries in a perilous position. Both governments and businesses alike have been severely unprepared for the pandemic, causing issues across the world. This is because many institutions simply do not have the right level of preparations in place needed to deal with an outbreak at the magnitude of COVID-19 (commonly referred to as coronavirus). 

Of course, now it is too late to put these in place and affect the current situation. But once we come out of t

It is easy to operate a business in a stable environment. Businesses can ignore a few risks because they know that in the grand scheme of things, they will be fine. However, a crisis like the current coronavirus outbreak completely changes the equation. Businesses are currently reeling from the impact of the outbreak because they cannot cope up with the dynamic nature of this emerging risk. 

The coronavirus outbreak’s risk is something known as the black swan in the world of statistics. The story

When things go wrong on a grand scale, often we direct our attention to the role of the Board. Debate exudes and often gets heated up and intensifies. This often happens when the Board spends more time looking in the rearview mirror and not enough scanning the road ahead. When this happens, governance suffers.

Often, the Board of Directors spend a bulk of its time on quarterly reports, audit reviews, budgets, and compliance.  However, with the change in the business environment, there is a greate

Organizations outsource critical functions like technology and security solutions. The benefits of outsourcing are attractive. However, there are also inherent risks involved with outsourced services.

Risks associated with vendors who support an organization's technology and or/ security solutions include cyber-attacks, Wi-Fi attacks, DDoS attacks, third-party attacks and more. There are also possibilities of a data breach. Such risks can damage the organization's reputation and cause financial l

What is risk management?  

Risk management is the process of planning, organizing, directing and controlling an organization's human and material resources, in order to minimize or take advantage of the risks and uncertainties about that organization. 

Uncertainties represent risks and opportunities, with the potential to destroy or add value. Enterprise risk management software for banks enables managers to effectively address uncertainties, as well as the risks and opportunities associated with

Bridging finance solutions have been a common go-to for business owners that are looking for quick resolutions. Essentially, bridging finance options can help ‘bridge the gap’ in transactions which are time-constrained and require large funds. This is one of the reasons why bridging finance has become such an appealing proposition for business owners.

Whilst it can be beneficial, as with any form of lending there can be risks involved with taking out a form of bridging finance. This article helps

When talking about running a business, one of the most important points that must be addressed is in relation to business risks. When mistakes and accidents happen, the company can face heavy losses in different avenues such as productivity, finances and, in some cases, its image in the market. 

However, the good news is that most failures can be avoided through knowledge and planning. Thus, measuring, controlling and forecasting are important steps so that work processes are efficient, and the o

There can be many benefits when it comes to going into partnership for a business. Two minds means more ideas for your business and the potential to grow even more. If the partner is a close friend, it can also be fun to work with them. Partnerships tend to be quite popular in corporate and professional service businesses.

Unfortunately, there can also be downfalls when getting into partnerships. Even if the partner is someone that you trust highly, disputes can be rather unexpected in business p

We easily live in one of the most exciting eras ever. The rapid pace of technological development we have experienced has went beyond anything that used to be possible. If you go back a century, the pace completely changes. Think about it – there would be a new notable technology maybe once a decade. The reason progress was so slow is simple – everything had to be done manually. All the calculations had to be done by hand, all the products had to be made either by hand or measured by hand to ens

In today’s hyper-connected digital age, it’s not unusual for medium to large-sized companies to have hundreds, or even thousands, of third-party suppliers.

This can range from product suppliers, to billing processors, to cloud providers, and a variety of different services.

This large volume of suppliers can pose a challenge for Chief Security Information Officers (CISO) to properly manage risk, especially when personal or confidential data is shared.

A Risky Misconception – Understanding Supplier

Learn about the importance of risk assessments and how the process of linking your legal requirements can bring a whole host of benefits.

What is a risk assessment?

A risk assessment is a process in which an employer, or someone competent appointed by an employer, will identify any hazards and evaluate the associated risks within a workplace. This type of risk assessment can be referred to as a HIRA (Hazard Identification and Risk Assessment). 

In many countries around the world, such as in South A

There is an app for everything these days. People used to joke about how there’s an app for everything except for falling in love, but you can’t even say that anymore. Risk management, like everything else in our lives, has similarly been completely transformed by technology. What used to be a simple process that was done through noting down some information on some papers is now a complex and sophisticated process.  

While we may have lost the simplicity of it all, we have gained much more. What