House Hearing: Only Jamie Dimon’s  Microphone Mysteriously Malfunctions During Pivotal Questioning

By Pam Martens and Russ Martens: May 28, 2021, ~

Wall Street on Parade

A Citizen Guide to Wall Street

Jamie Dimon Being Sworn In at House Financial Services Committee Hearing, May 27, 2021

CEOs from the six largest banks on Wall Street testified under oath yesterday before the House Financial Services Committee. But only one CEO, Jamie Dimon, had an ear-piercing electronic sound emanate from his microp

In this week's blog post, we're sharing insights on data assessment from Joseph Schorr, Vice President Of Strategic Alliances at LogicGate which is a leading provider of cloud software solutions for automating governance, risk, and compliance processes. Joseph is also an advisor to Dreamit Ventures, a Growth program and venture fund focused on pre-Series A healthtech, securetech, and urbantech startups. Joseph is helping founders in the SecureTech program which is focused on cybersecurity, anti-

Both risk and compliance management are dynamic fields that constantly evolve. Risk and compliance are impacted by a changing business environment, the economy, changing customer demands, and a company's vision, among other factors. Most of the changes we have observed in banking have been driven by information technology. The 2008 financial crisis was another significant force for change, as it forced the banking industry to rethink its risk management practices in light of the financial crisis

Hello Global Risk Community member,

Hearst is a media giant with more than 360 businesses diversified across media, information, and services.
After implementing Oracle ERP Cloud, Hearst’s Application Security Audit Manager, Ivan Ng, was tasked with finding a solution that would enable Hearst to have the proper controls in place across all their business units, including those that were not on Oracle yet. Ivan chose Fastpath. Why? “It is very apparent that the application was written by auditor

By Renee Dudley and Daniel Golden

Source: MIT TECHNOLOGY REVIEW

Five months before DarkSide attacked the Colonial pipeline, two researchers discovered a way to rescue its ransomware victims. Then an antivirus company’s announcement alerted the hackers.

Alfred Nobel’s Patents

Swedish chemist, inventor, engineer, entrepreneur, and businessman Alfred Nobel had acquired 355 patents worldwide when he died in 1896. He invented dynamite and experimented in making synthetic rubber, leather, and artificial silk among many other things. Here is a list of 29 Swedish and 58 English patents.

Swedish patents

1863. Patent number 1261. Ways to prepare gunpowder.

1864. Patent number 668. Method for the blasting of nitroglycerine. (Application not completed.)

1864.

What Is Six Sigma Certification?

Six Sigma certification validates a person's command of a well-respected method of professional skill development. Six Sigma training certifications are awarded in levels using a belt classification system similar to that used in karate training.

Six Sigma is a collection of quality management techniques and tools that were developed in the 1980s and adopted by American corporations such as General Electric. Bill Smith, a Motorola engineer, is credited with develop

This is a transcription of our Interview with Don Schmincke, CEO, Strategic Performance Advisor, Author, Researcher, Keynote Speaker. You can watch the original video interview here or tune in to the podcast episode here, iTunes, Spotify and other podcast apps by searching "Risk Management Show".

Boris: Hello ladies and gentlemen and welcome to out interview with Don Schmincke.

Don is a former MIT and John Hopkins Institute researcher-turned organizational strategic development consultant. He's

Banks typically view risk and compliance as critical components of the business that enable it to operate, but do not anticipate the risk and compliance department to contribute to the bank's growth. Take note that both risk and compliance are critical components of banks' strategic growth plans. 

As a bank grows, it requires more sophisticated risk and compliance capabilities; therefore, the majority of banks budget for increased risk and compliance management costs and include them in their gr

In today's post, we're inspired by our interview with Kevin Lester, co-founder and CEO of Validus Risk Management, a specialist financial risk advisory firm with offices in London and Toronto. With a focus on the alternative asset management sector, Kevin has pioneered the use of innovative financial hedging tools and techniques in the private equity, private credit, infrastructure and real estate markets, and is responsible for managing over $300 billion in market risk exposure via the Validus

Blockchain technology is a decentralised, distributed ledger that helps in maintaining the record of all the digital asset or transaction. Its design is inherent and cannot be modified that makes it appropriate for industries such as cybersecurity, healthcare and mainly the payment or financial sector.

In other words, blockchain technology is just like a database where it keeps the record of all the transactions that took place in a system. Blockchain differs from the typical database in the wa

 Unlocking the value of AI across seven

key industries.

By KPMG Advisory

Our analysis of seven industries’ perspectives on AI in the enterprise unpacks how business leaders are using the technologies to solve major industry problems. These include addressing the challenges brought on by COVID-19, fast-tracking vaccine development and distribution, detecting fraud, improving bureaucratic efficiency, and more. We hope you find the study findings – and our analysis – insightful and useful as