Operational Risk – Page 14
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AnalysisSome 44% of companies say IT security investment is essential business practice
Technology risk still a key concern with more than three-thirds believing the problem is not going away
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AnalysisHalf of UK businesses have not invested in IT for two years
Worryingly, more than one-third of businesses do not plan to upgrade IT systems until after the recession
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AnalysisTwo-thirds of banks suffered a DDoS attack in 2012
Banks set to improve IT security in wake of last year’s high-profile cyber attacks
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AnalysisBoeing 787s grounded after on-board emergency
Dreamliner makes emergency landing in latest damage to Boeing’s reputation
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AnalysisBoeing Dreamliner experiences onboard fire in Boston
Setbacks continue for the reputation of Boeing’s ‘superplane’
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AnalysisToyota fined €13m for U.S. recall failure
Japanese carmaker issued maximum penalty for fourth time after breach of Federal law
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CommentRightly assessing risk
QlikTech FS market development EMEA director Duncan Ash argues for agility-enhancing, easily digestible information within risk
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AnalysisMercedes recalls 5,800 cars in USA
National Highway Traffic Safety Administration orders recall after finding faulty filter flange
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FeaturesChain reaction
Businesses should consider the ethical issues surrounding supply chain labour or else beware the risk of incurring brand and reputational damage
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AnalysisUpcoming P&I renewal is most challenging in a decade: Willis
Difficult economic conditions, poor underwriting results and spate of large claims are to blame
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AnalysisNew risk management program to improve mining H&S
University of Queensland team with industry players to create database of risks and control measures
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AnalysisStarbucks’ tax ‘gift’ slammed by critics
Deal to pay HM Revenue & Customs and extra £20m across two years fails to abate public outrage
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CommentTrial and error for the European Union
The European Union’s inability to resolve the eurozone crisis is a reflection of the inaction it displayed during the Balkans war, a reminder of which is the trial of former Bosnian Serb leader Radovan Karadzic
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AnalysisTotal recall
Toyota’s latest mass car recall should serve as a stark reminder to all companies about the need to have a proactive risk-mitigation strategy
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FeaturesEnsuring timely payments
Late payments are turning into an epidemic, putting many companies at risk
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AnalysisOutsourcing – A modern risk dilemma
Companies now look to third parties to deliver more than cost cutting, but they should also ensure that they do not lose control over vital functions
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AnalysisInformation time delay harming risk management at financial institutions
New research finds that poor quality and timeliness of risk management information is harming the practice in financial institutions
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AnalysisApple gamble on change to supply chain
Samsung has been dropped from iPad Mini production, leading Apple to find new suppliers in wake of its new product launch
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AnalysisGoogle shares dive after blunder
Shares plunge after disappointing financials are released four hours early
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AnalysisInternal fraud on the rise
Report reveals that proportion of fraud committed internally has risen for the second year running
