Analysis – Page 9
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Analysis
Digital disruption tops banks' emerging risks
Untimely adoption may drive sudden changes to information security, change management, business continuity and third-party risk exposures
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BCI: COVID-crisis to fuel political risk
Non-occupational disease tops the list of concerns, with mental health, cyber and climate risks also high on the agenda
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BCPs must explicitly address civil unrest
Civil unrest is now the main political risk exposure for companies, with COVID-19 likely to fuel further disturbances
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COVID-19: Financial services firms seek resilience
The concept of operational resilience has grown as a result of the pandemic - global study
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COVID/Brexit dominate UK business risks
Climate change ranked as the number 13 risk faced by UK firms, with just 11% identifying it and extreme weather as one of their top five concerns
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RIMS: Pandemic has shaped ERM approach
Health and safety and business continuity have become ERM’s primary focus as a result of COVID-19, according to a RIMS survey
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Supply chains: Striking the right balance
Supply chains must balance efficiency and resilience, according to participants at a StrategicRISK Virtual Roundtable
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Airmic contributes to UK resilience debate
Country is vulnerable due to “the absence of risk assessment across sectors and organisations” and “diminishing influence on the global stage”
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Building resilience against winter storms
Ensure flood plans are up-to-date and any impact from COVID-19 (eg reduced staffing) is accounted for, urges FM Global
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Supply chains: Building climate risk resilience
Supply chains are particularly vulnerable to climate risk, as many global production systems are focused on ensuring efficiency over resiliency
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FERMA survey: Demand for risk will grow
Two thirds of respondents said insurance had not fulfilled corporate needs during the pandemic
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Why we should be bridging, not breaking, silos
On the eve of its annual conference, Risk-!n co-founder Stéphane Martin explains why collaboration is such an important theme
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Using AI to manage supply chain risk
As much as 43% of third-party relationships are not subject to any form of due diligence checks, finds Refinitiv
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Accenture and MIT create supply chain resilience stress test
The new standard will assess a global supply chain’s ability to mitigate the impact of disruptive events
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DAY 3: COVID-19 has given risk managers an opportunity to shine
Risk managers are more visible to boards than ever, so they must take this opportunity to sell the importance of loss prevention, risk management and resilience
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Purposeful resilience
How can we ensure that a desire to ‘be resilient and purposeful’ results in practical actions that add sustainable value for people, society and the planet? asks Gareth Byatt
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Risk managers must heed COVID supply chain lessons
Among the key lessons from the crisis, RQA Group says there will be a move towards shorter, more localised supply chains and less reliance on the Far East
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Study recommends new approach to supply chain risk
Researchers from UB School of Management say their framework would have benefitted organisations as the coronavirus pandemic hit
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COVID-19: Three quarters have experienced supply chain disruption
Two-thirds of organisations plan to source goods more locally post-pandemic, reducing reliance on the Far East - BCI report
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Firms urged to consider cyber risk as offices reopen
“The focus is on opening safely and a top priority is an organisation’s cybersecurity and data governance needs” - BSI