Recently in Enterprise Risk Management Category

Cybersecurity vulnerabilities are a concern for every company in every industry. In 2016, 4.2 billion records were stolen during 4,149 reported data breaches. This doesn't take into account breaches not noted in the public record.According to a Ponemon Institute survey, while security... Read More..
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IMPACT 2016 has come and gone, and risk practitioners from across the United States and Europe were thrilled with the results. IMPACT 2016 was differentiated by the passion behind real customer stories, all shared with actionable takeaways. Topics included third-party risk... Read More..
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Last year, we blogged about how to develop a successful ERM program. An important goal is fostering a risk-based company culture. This means everyone, not just the appointed risk managers, assimilates risk awareness and works it into their job description.... Read More..
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Risk is a double-edged sword for insurance companies. On one hand, customers buy coverage because their businesses face a variety of risks. On the other hand, risk management challenges for the insurance industry are numerous. These include risks like "underwriting,... Read More..
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Plains All American Pipeline, a major player in the oil and gas industry, faces $2.8 million in fines, and a grand jury indicted the company on 46 criminal charges - four of them felonies - according to The Wall Street Journal.Additionally, a Plains employee... Read More..
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By this point, the Volkswagen scandal is old news (we first blogged about it last October). Yet details about the case continue to emerge, most recently about board accountability. As of last week, a Volkswagen "internal probe into its emissions-cheating scandal found no... Read More..
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When it comes to Enterprise Risk Management, there is a lot of jargon floating around, mostly because it's a unique, rapidly growing industry. Not all of that jargon is necessarily industry-wide; organizations will sometimes use different terms for the same... Read More..
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Credit union online news agency CUInsight.com recently published an article declaring cybersecurity a "must" for credit unions. In support of its position, author Stuart Levine cites more than 400 incidents - recorded by the Identity Theft Resource center in 2015 -... Read More..
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In light of recent events, the Environmental Protection Agency is using new monitoring techniques to evaluate the quality of companies' classifications and reporting of hazardous materials. Ironically, as we all learned recently, even the EPA itself isn't immune to catastrophic, if preventable,... Read More..
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Despite the growing necessity of robust risk management software for companies of all sizes, it's easy to think of risk solutions as akin to insurance, like guardrails that prevent a vehicle from careening off a narrow mountain road; the thought of actually needing them... Read More..
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In this blog, risk expert Steven Minsky highlights the differences between traditional risk management and true enterprise risk management, which is about helping things happen rather than preventing them from happening. Manage Tomorrow's Surprises Today is designed to help you think about risk in new ways and learn how to benefit practically from this rapidly evolving field.

Steven Minsky

Steven Minsky is CEO of LogicManager, Inc., a leading provider of ERM software solutions, and a recognized thought leader in enterprise risk management (ERM). He is the author of the RIMS Risk Maturity Model (RMM) and corresponding 2008 and 2015 State of ERM Reports. Steven is also a patent author in risk and process management technology and an instructor on many ERM and GRC topics.

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