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Aerotime Hub
We’ve all been surrounded by the language and tools of risk ever since Safety Management Systems [SMS] came to the aviation industry. Fascinating, compelling and sometimes all consuming, it can become the goto for decision making whilst, for the uninitiated, it can draw you in and provide a convincing argument that safety risk is indeed being managed.
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Forbes
Banking in the cloud consists of the largest, and most significantly regulated industry in the world, running on an entirely unregulated infrastructure, a CTO at one of London’s largest banks told Dr. Richard Harmon, managing director for financial services at Cloudera.
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Mondaq
We recently conducted a survey to understand how organizations manage data today and how they envision this evolving in a post-COVID world. We learned that while many organizations will continue to manage their data through a risk management lens, many also expect data to be treated increasingly as a strategic driver of innovation, growth and competitive differentiation.
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One of the biggest challenges insurance companies will face in the coming months will be how to effectively handle the deluge of claims related to COVID-19. For a lot of organizations, this sudden uptick in claims activity will put an enormous strain on resources that are already at capacity.
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MorningStar
The market is good at evaluating and pricing systemic risks that are regular and easy to quantify--the "known unknown." These include things like changes in the business cycle or interest rates. But as the coronavirus pandemic has shown, the market doesn't do as well with risks that are difficult to predict or quantify--the "unknown unknowns." The environmental, social, and governance risks most firms face fall somewhere in the middle of this spectrum.
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Security Boulevard
As many organizations begin to mature their cybersecurity program, they are shifting to a risk-based approach to security. In most cases, security leaders are no strangers to leveraging risk management processes to complement the regulations and compliance standards to secure information standards.
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CT Post
The pandemic has taught entrepreneurs many harsh lessons, but chief among them is, "if you don't take care of your employees, they won't take care of your business."
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Journal of Accountancy
A new model for governance and risk management issued Monday by the Institute of Internal Auditors (IIA) makes major updates to the Three Lines of Defense model that has been popular for years.
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