All Strategic Risk Global articles in Online only – Page 2
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Opinion
Three strategies for a modern risk manager
Today’s risk managers are focusing on the wrong things, says Alex Sidorenko, chief risk officer and founder of RISK-ACADEMY, and group head of risk, insurance and internal audit at Serra Verde Group. Here’s what they should being doing instead
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Opinion
Managing reputation risk in a politically polarised world
When it comes to managing reputation, businesses must assess long-term exposures, understand stakeholder expectations, and align actions with core values. Nathan Hambrook-Skinner, director at FTI Consulting, explores how to navigate this new complex and dangerous corporate landscape.
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Opinion
Businesses need to join the dots between internal audit and risk
Companies can improve their risk management by employing a connected risk approach that leverages the expertise of internal audit teams
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Analysis
Risk research: How to manage the threat of digital obsolescence
Businesses need to adopt a robust risk mitigation strategy and perform diligent horizon scanning when adopting new technology.
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Analysis
The rise and rise of ‘China Plus One’ risk strategies
Companies are protecting their supply chain by diversifying beyond China and Southeast Asia is cashing in
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Analysis
Risk briefing: how the renewables sector can manage growing construction risks
As new projects and construction in the renewables sector ramps up, firms need a high concentration of risk management, insurance and claims expertise to prepare for an inevitable increase in losses
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Analysis
Risk briefing: how to improve ESG risk measurement throughout the supply chain
Most companies are not prepared for climate-related risks facing supply chains in the next decade, here’s how risk managers and procurement teams can tackle this challenge
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Analysis
Spotlight on: construction risks in the education sector
Schools are facing new construction risks as a consequence of the drive for more sustainable building methods. Here’s what risk managers need to know
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Analysis
Regulation watch: the Economic Crime and Corporate Transparency Act
Why this piece of legislation deserves significant focus from risk managers and the boards of directors at the companies they look after.
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Opinion
Risk guide: how to demonstrate the ROI of cyber security spending
Anthony Quinn, CEO of Acumen Cyber, shares how risk and security professionals can demonstrate the value of cyber security investments, to justify budgets and get continued c-suite support
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Analysis
Risk briefing: Scenario planning lessons from the CrowdStrike Falcon outage
The CrowdStrike outage showed that risk managers need a nuanced approach to risk assessment that allows organisations to focus their resources on addressing the most critical vulnerabilities first, maximising the effectiveness of their resilience efforts.
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Opinion
Risk management lessons to learn from earthquake disasters in 2024
WTW’s Arash Nassirpour and Elide Pantoli look at the reasons behind building failures, highlighting the ongoing need for seismic risk assessments, retrofitting and improved construction codes; and the implications these have in other earthquake vulnerable cities around the world.
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Interviews
The consolidator: how PayU GPO’s chief risk officer is building a positive risk culture
A weak risk culture will eat any fancy risk management framework for breakfast, says Simona Covaliu. StrategicRISK caught up with PayU GPO’s new chief risk officer to get their take on how the risk management landscape is changing, and the most powerful tools for mitigating threats
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Analysis
Regulation watch: Risk managers seek certainty as global AI regulations take shape
Currently, 47% of organisations who use AI do not have any specific AI cyber security practices or processes in place. As the landscape grows more complicated, organisations are looking to regulators to pave the way forwards, writes Jon Guy
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Expert Views
Tomorrow’s customer expectations today
The combination of a more intense and volatile risk environment coupled with more stringent regulatory demands, means that businesses must be able to analyse and understand their claims data, says Wayne Brand, head of corporate client practice at Crawford & Company
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Analysis
Risk briefing: Why is air turbulence getting worse - and what does it mean for aviation risk?
Recent high-profile air turbulence events highlight broader, long-term climate risks
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Opinion
The challenges for NATO and why this should matter for business
General Sir Richard Shirreff – chair of the Healix security and risk advisory board, delves into the key challenges facing NATO post-summit and their implications for the business community.
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Analysis
Climate reporting causes headaches for risk managers as one in five businesses is unprepared for new regulations
An ‘onslaught of climate regulations’ could lead ‘to less disclosure and more green hushing’, says risk management association
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Analysis
C-suite must rethink its approach to cyber threats and ransomware attacks increase
Cybercriminals have evolved their tactics in 2024 to take advantage of business and technology consolidation. Businesses must respond by being more proactive about cybersecurity
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Analysis
Regulation watch: dealing with the EU corporate reporting sustainability directive
The EU corporate reporting sustainability directive means organisations must assess and disclose on sustainability, diversity, and corruption factors. The risks of non-compliance are high, and litigation is a significant concern. Here’s what firms need to know