A few years ago, our company faced what we thought was a worst-case scenario. One of our key suppliers suddenly shut down. A new regulation changed how we handled client data. Then a ransomware attack locked us out of our Read More …
Tag: Risk Assessment
Storytelling Style – From Crisis to Clarity: How ISO 31000 Helped Us Reframe Risk
Case Study: Risk Assessment in a Real-Life Scenario
Introduction Risk assessment is a fundamental component of a company’s risk management strategy. It involves identifying, evaluating, and prioritizing risks to mitigate their impact on business operations and objectives. Effective risk assessment helps companies anticipate potential threats, allocate resources efficiently, Read More …
ESG grounded in reality: greater scrutiny calls for robust risk assessment
There are two things on which it is easy to agree regarding Environmental, Social and Governance (ESG). First, with sustainability having become the focus of huge attention in recent years, it has stormed up the corporate agenda. Second, and less Read More …
FCRA: Risk assessment and Financial Crime
A thorough understanding of its financial crime risks is key if a firm is to apply proportionate systems and controls. The following are self-assessment questions to help you implement an efficient risk assessment to mitigate the risk behind finance crime. Read More …