All Posts (6242)

Sort by

8028269089?profile=original

Oxfam, one of the UK's biggest charities, was exposed this month to have had 87 claims of sexual exploitation and abuse involving its workers in the year ending April 2017, a 36% increase on the previous year.

In light of the ongoing Oxfam scandal, the Charity Commission, UK’s charity regulator, has launched an investigation of 179 British charities and agencies. So far, they have uncovered new claims alleging more than 120 workers have been accused of sexual abuse in the past year across 26 UK c

Read more…

Have you ever thought about how a data breach could affect you personally? What about your business? Either way, it can be devastating. Fortunately, there are ways that you can protect your personal or business data, and it’s easier than you think. Don’t assume that protecting yourself is impossible just because big corporations get hit with data breaches all of the time. There are things you can do to get protected.

  • All of your important accounts should use two-factor authentication. This helps
Read more…
With an effective enterprise risk management program, risks at vendor facilities would be uncovered and prioritized, and mitigations would have been put into place.

On February 16, 2018, the FDA announced that low levels of an animal euthanasia drug were detected in canned dog food produced by the J.M. Smucker Company. Smucker stock dropped by 3% resulting in a loss of more than US$ 400 million is market value.

In a statement, the company said that it had “identified the root cause to be a single

Read more…

Challenges to the Not-for-Profit Organizations: Lessons from the Delta Model.

Singapore's Case-study

8028268273?profile=original

Click on the link below to see the entire PP presentations:

Part 1: The Delta Model as Applied to Not-for-Profit Organizations

DeltaModel_NonProfit_1.pdf

Part 2: Singapore Fundamentals and the Role of the Economic Development Board (EDB) in Making Singapore one of the most Advanced Economies in the world

Singapore_EDB_64.pdf

Upon request, I will send you the complete training program (electronic and non

Read more…

A little while ago, during the WEF 2018 event we were curious. We wanted to know what the WEF Global Risk Report would look like if it was displayed on the VirtueSpark GRC Platform. Since what they call risk interrelation is a fundamental design aspect of our platform, we had expected it to look similar. So we set up a blank instance, tweaked some style aspects, adjusted the impact and likelihood dimensions and filled it with the data of the 2018, 2017 and 2014 reports.

Next to that I am pleased

Read more…
Views: 75
Comments: 0

8028270681?profile=originalIt is certain that having the right experience is one thing, but getting the most of it is another. Especially when it comes to boards. Each board member needs to fulfil their fiduciary duties; however, reliance needs to be placed on individual board members with specific skill sets. And along the way, there are challenges that need to be overcome:

  • Politics – Light or heavy, there is always politics. People come with agendas. Knowing those agendas and appreciating the threats and opportunities th
Read more…
Views: 84
Comments: 0

Managing Risk in a Global Trade War

The announcement by U.S. President Donald Trump that his administration would be imposing tariffs on foreign imported steel and aluminum threatens to send the U.S. and its trading partners into a global trade war.

8028267887?profile=originalPrices of U.S. domestic steel are up approximately 20 percent since the beginning of 2018. This is due to expectations of “protectionist measures, which could prove a significant drag on steel consumers like the machinery, motor vehicle, and construction industries,” Capital Economics a

Read more…

There are many ways that you or a small business could get caught up in a social media disaster. Can you think of any off the top of your head? If you are like most of us, probably not. Here are 14 ways that you could be in danger:

  1. A Terrible Online Reputation – Do you keep a watchful eye on you or your business’ Facebook page? Are people posting to it? Are your staff? Even things that seem good-natured at first can be taken the wrong way by friends or potential customers.
  2. Racy Images or Text – If
Read more…

8028264098?profile=originalThis past weekend, companies started responding to consumer backlash for working with the National Rifle Association. Corporations like the First National Bank of Omaha, Delta, Hertz, and MetLife are ending discount programs with the NRA.

Before this pushback, NRA membership granted consumers access to a broad range of discounts, from special rates on auto insurance policies to cheaper flights when you booked through the NRA’s website.

But after the mass school shooting at a Parkland, Florida high

Read more…

If you are a business owner, you might be concerned about employee theft. If you aren’t concerned, perhaps you should be.

There are a number of ways that an employee can steal:

  • Embezzlement money, inventory or materials
  • Skimming – Diverting funds
  • Stealing business opportunities, data or trade secrets
  • Fraudulent disbursements like check tampering or billing schemes
  • Larceny – absolute theft

It might surprise you to find out that employees who steal are not usually new employees. Instead, they are those w

Read more…

Network for Real Impact

8028271891?profile=originalIn her blog Stop Looking in the Rear-view Mirror Janine Garner makes the point that our internal networking can have a much greater impact if we network in the right way. She writes:

"Think about it - are you connecting, sharing insight and creating opportunities to innovate and collaborate with these groups of people or are you simply swapping information to get the job done or the deal sealed?"

How do you manage your internal relationships? Are you mechanical and sticking to your technical role

Read more…
Views: 94
Comments: 0

Most ERM and GRC vendor offerings currently fail to enable the power and value of applying risk management principles to business decision making. If risk 8028271288?profile=originalmanagement is about making better decisions, then we need to reset the perspective of what qualifies as a risk management vendor resource.

The Challenge of Embedding Risk Management in Decision Processes

Updates to the COSO ERM and ISO 31000 standards emphasize the need to address risks in the context of organizational objectives and decisions.

Read more…
Views: 440
Comments: 4

MarketsandMarkets has published a new report that states that the global vendor risk management market is expected to grow to significantly by the year 2022. The report divides the market by component (solutions vs services), deployment type, organization size, industry segments and region to define the market growth opportunity. MarketsandMarkets is a B2B research firm that employees 850 full-time analysts to track high growth global markets, providing market sizing and strategic advice and for

Read more…
Views: 170
Comments: 0

Introduction

 

In a conventional security thinking, IT Security at most of the enterprises follow old ‘Industrial Security Model’ where its considered that assets are held within a perimeter and users must enter the perimeter physically or logically (LAN/VPN) to access the assets and the perimeter is guarded by a gatehouse / guard. In other words, this model is called perimeterised computer network where data and applications is attached to the network and is protected by firewalls with access lis

Read more…

The definition of criminal identity theft is a crime where the criminal impersonates the victim in order to protect their innocence. This can lead to victims getting fines or even getting arrested and charged for crimes they did not commit.

How Does This Happen?

There are a number of ways that a criminal can pull this off, and it generally occurs when the thief steals someone’s identity. This is true and pure identity theft, often involving a drivers license with the thieves picture and the victim

Read more…

C-suite Digital Disruption Risk Alerts: Building a bridge between your products and services and the digital transformation journey of your C-suite and your customers’ C-suite

SIMMETHOD new digital transformation algorithms and metrics found that your risk of being disrupted is proportional to your gap to the SIMMETHOD Best In Class and linking your products and services to the SIMMETHOD 7 Laws of Growth, Value Creation and Digital Transformation, Best In Class profiles and C-suite Risk Alerts pr

Read more…

Don’t be blinded by your technology defenses

I recently created a course on the Global Risk Academy outlining the requirements of GDPR (https://globalriskacademy.com/p/gdpr ). My objective was to guide organizations, other than those in the EU, to understand what they need to do to be GDPR compliant. Having immersed myself in the GDPR I came to realize it represents a quite different perspective on cyber security than currently embraced by many cyber security professionals in the US.

The GDPR explicitly places privacy security requirements

Read more…
Views: 108
Comments: 0

8028264683?profile=original

Hello, ladies and gentlemen! Welcome to our live discussion about crisis leadership. Today, we have our interview with Caroline Sapriel. Caroline is our member and managing partner at CS&A International, a leading global risk and crisis management firm. She is an experienced international crisis resilience professional with over 25 years of experience in risk, crisis and continuity management. Additionally, she has an extensive expertise in crisis communication. Caroline coaches senior executiv

Read more…

8028270070?profile=originalHere we are. February 2018. For many, February is a trying month. How well are those New Year’s resolutions holding up? Have the early-morning January gym visits started to fade? Are salads getting old? Personal goals aside, here’s one thing we hope won’t decline: the excitement over your freshly finished 2018 budget.

The new year tends to bring about an intense wave of optimism for what we can accomplish in the next 12 months. Too often, however, this optimism gets stomped on by the surprises of

Read more…

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!

lead