All operational risk articles
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Opinion
Operational resilience depends on your weakest link, not your strongest
Gary Lynam, director of ERM advisory at Protecht, explores the threats posed by tightening compliance regulations and how risk managers can mitigate them
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Analysis
Business risks growing thanks to understaffed tax teams - how to manage the threats
Under-resourced tax departments are causing significant risks for global organisations, however, automation and technology may hold the answers
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Opinion
How risk managers can prepare for the imminent Consumer Duty deadline
Risk functions need to integrate consumer duty requirements into their frameworks and day-to-day routines. Ryan Knapton, ERM implementation project manager at Protecht explores how this can be achieved.
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Analysis
How one firm developed its systemic resilience capability
Jean-Michel Paris, head of corporate risk, group vice president, STMicroelectronics, shares insights into ST’s resilience journey: from framework design in 2018 to navigating the world’s VUCA environment since 2020
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Analysis
Cultivating risk culture
Tough to measure and tricky to implement, how can organisations bolster risk culture?
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Analysis
AGCS outlines five risk drivers of political violence
Civil unrest risks has risen substantially, causing billions of dollars in property damage and business interruption
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Opinion
Re-inventing sanctions screening
Why firms must improve compliance, drive efficiency and tackle friction as the war in Ukraine rumbles on
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Opinion
The year operational resilience became a boardroom priority
Resilience is not a one-time box-tick exercise but an ongoing journey that begins with data and culture
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Analysis
Luke Carrivick appointed executive director of ORX
He replaces Simon Wills, who is stepping down after 18 years’ service in the role
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Analysis
Chartered IIA appoints Anne Kiem OBE as CEO
The need for professional internal auditors has never been more important, says Kiem
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Analysis
Banking CROs face ‘torrent of interwoven complexities’
Cybersecurity is the main risk globally for three out of four banking CROs, while geopolitics tops concerns for those in Europe
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Analysis
Jennifer Santiago named RIMS 2023 President
Kevin Bates is named RIMS secretary and David Arick and Kristen Peed become vice president and treasurer respectively
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Analysis
Only 20% of firms feel prepared for supply chain disruptions - study
Socio-economic changes and shifting consumer demands are among some of the challenges facing organisations
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Analysis
Workplace transformation: Great opportunities, but not without risk
New work models are reshaping how organisations approach risk. Done well, sustainable competitive advantage can be achieved
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Analysis
Firms continue to emphasise business continuity post pandemic
Resilience is now an “unavoidable topic for boardroom agendas” due to new regulation, finds BCI
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Special Reports
Special report: Operational risk and agility
Truly agile operational risk management is the only way to make it today’s turbulent world. Quick, responsive, flexible, strong – do you have what it takes?
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Analysis
BDO Belgium acquires Chapelle Consulting
BDO Advisory expands business risk expertise via acquisition of Ariane Chapelle’s international team
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Analysis
Saunders named chair of IRM Operational Risk Group
Group offers a ’voice for operational risk managers’ to professionalise and raise the profile of the discipline
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Webinars
Webinar: Operational risk - becoming agile
Achieving a dynamic approach to operational risk management is essential in today’s uncertain, interconnected, and increasingly volatile world
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Analysis
NCSC warns CISOs of staff burnout during Russia-Ukraine conflict
Businesses must prepare for the ‘long haul’ against a backdrop of increased cyber threats