Risk Mitigation
Risk Culture
Board risk reporting: RIMS urges risk managers to deliver insight, not updates
A new RIMS executive report says board reporting must be aligned with strategy, risk appetite and directors’ expectations if risk teams want to support better decisions
Manufacturers face severe ransomware losses as cyber controls fail
New Resilience analysis finds ransomware accounts for 90% of incurred manufacturing cyber losses, despite making up just 12% of claim volume, highlighting the need for better MFA validation, vulnerability management and incident response.
Case study: How a risk control failure triggered a $3m loss in just six weeks
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.
Case study: How Ayala Corporation embedded sustainability into enterprise risk management
Ayala Corporation’s Victoria Tan talks us through how the business has been embedding sustainability into risk management since 2017 – going from awareness and governance to climate modelling and data-driven decision-making.
Case study: SK Telecom’s cyber breach shows why silence can be deadly in a crisis
Backlash from SK Telecom’s initially mute response to “the worst hacking case in the history of the telecom industry” highlights how critical transparency is after a data breach. Swift action is not enough.
Emerging risks are not emerging, they are converging
In this latest StrategicRISK SR:500 roundtable, senior risk leaders explored a question that is becoming increasingly urgent: what does “emerging risk” actually mean in a world where volatility feels constant and systemic?
The whole world is worried about cyber risk. So, why isn’t Korea?
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.
ESG, governance and the failure to manage risks to society
As public scrutiny of organisational behaviour intensifies, ESG needs to move beyond reporting and reputation management. Anita Punwani CFIRM argues that risk management must place greater emphasis on protecting people, society and the environment, particularly those most exposed to harm.
SR:500 survey results: Risk managers push for earlier influence as threats accelerate
The SR:500 Emerging Risks survey reveals a landscape dominated by accelerating and interconnected threats. Against this backdrop, risk management must be embedded earlier in decision making to strengthen resilience.
Shock after shock: Why risk leaders say climate resilience models are no longer fit for purpose
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.
Risk management’s moment has arrived. Here’s how to make the most of it
Risk leaders have never been closer to the top table. The opportunity now is to translate that proximity into genuine strategic influence, and the profession is better placed to do it than at any point in its history, says Alex Bentley, CEO, Clew
Regulatory convergence puts pressure on GRC leaders to rethink governance
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.
Video: Strengthening GRC Under Evolving Regulatory Expectations
Watch our elevating risk intelligence webinar, in association with Origami
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Why risk managers are turning to parametrics to solve operational challenges
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
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