From travel disruption to energy shocks, the escalating crisis is creating new operational risks for organisations worldwide. Experts share the warning signs risk teams should monitor and the actions companies can take to protect staff, supply chains and business continuity.
A shift from operational resilience to strategic resilience will require deeper board engagement, sustained investment and scenario-led decision-making, according to speakers at Airmic’s Risk Forum.
In major infrastructure projects, the real test of risk management is not identifying threats but managing how they intersect. In this port expansion, resilience depended on building a framework that could respond as those connections shifted over time.
When Hurricane Melissa struck Jamaica as a Category 5 storm, satellite-based synthetic aperture radar provided near real-time, countrywide damage intelligence through cloud cover, enabling government and humanitarian teams to prioritise resources, accelerate decision-making and reach the hardest-hit communities faster.
A routine cash-handling function turned into a multimillion-dollar loss when a misconfigured ATM enabled six weeks of fraudulent withdrawals. The case exposes deeper weaknesses in governance, data flows and assurance that allowed the incident to escalate unchecked.
As regulators and investors demand hard evidence of a risk culture’s beating heart, organisations are turning to digital pulse surveys and analytics. But can these tools deliver meaningful insights, or is this just another checkbox exercise?
Cyber risk tops Aon’s global rankings, yet in Korea it sits far lower on the agenda. StrategicRISK spoke to Aon Korea chief executive Kevin Kim to explore why one of the world’s most digitally advanced economies still appears to underestimate the threat.
Heat maps are updated. Reports are delivered. But are decisions any better? Stefan Hunziker, professor of risk management at Lucerne School of Business, says ERM proves its value only when it alters the choices organisations make.
The compounding shocks created by climate change were the topic of our latest SR:500 roundtable. Organisations are being forced to reassess their long-held assumptions about resilience, continuity and operational risk as they navigate the road ahead.
Previously a back-office function, resilience in the digital space is now in the spotlight. At an SR:500 roundtable in asssociation with Marsh, risk leaders explored how AI, regulation and culture are highlighting new strategies and demanding board-level attention.
As regulatory frameworks such as NIS2, DORA and the EU AI Act begin to overlap, organisations face mounting pressure to rethink how governance, risk and compliance operates in practice. Riskonnect’s Sherry Dillon explains why traditional compliance approaches are no longer enough.
Enterprise risk management often promises insight but delivers assurance. As boards push for clearer, risk-informed choices, risk leaders need to move beyond compliance-driven GRC workflows and towards decision-focused measurement that links risk to objectives, an approach Face the Risk is helping organisations put into practice.
Webinar: With boards more engaged, our next mission is clear: offer a wide-angle lens on how risks interact, and why risk management and opportunity can co-exist. Our panellists share candid insights on how to turn silos into the strategies a board wants to see.
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As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions