Enterprise Risk Management Archives - Corruption, Crime & Compliance

10 Dec, 2020

Maintaining Perspective: Enterprise and Compliance Risk Management

It is always interesting to watch the flow of risk management trends, particularly as they impact ethics and compliance issues. Financial companies have been the target of regulatory enforcement actions for risk management and control deficiencies. Citigroup and JP Morgan were two recent targets of banking regulatory enforcement actions. We will probably see a few more banks subject to regulatory enforcement actions. Apart from the...

General

23 Jan, 2018

The Convergence of Cybersecurity, Compliance, and Enterprise Risk Management

When you survey business leaders on significant risks, they invariably cite cybersecurity as number one and anti-corruption as number two. For global businesses, this makes total sense. Cyber-crime damage is estimated to hit $6 trillion annually by 2021, according to a study by Cybersecurity Ventures (here). Information security and prevention are now required to protect a company from serious financial and operational harm. We are...