What to Present to Your Risk Committee

The RIMS Risk Management Society (LogicManager’s co-author for the RIMS Risk Maturity Model) promotes the adoption of Risk Committees for organizations looking to formalize their enterprise risk management processes. With more organizations adopting risk committees or similar governance groups, the question remains: What should risk managers present to their risk committee; or conversely, what should…

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Assessing Reputational Risk for Occupational Safety & Health

Insurance News Net’s Trish Ennis examined the relationship between occupational  health, safety risk management and reputational risk. Texas City refinery. Upper Big Branch mine. Deepwater Horizon. Tazreen Fashions factory. Rana Plaza. Each of these tragedies was caused by a chain of events that included safety and health system deficiencies. They have something else in common,…

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realizing the inpact of unidentified risks and cybersecurity threats

How to Choose ERM and GRC Software: SaaS vs On-Premise?

One of the most frequently cited differences between Software-as-a-Service (SaaS) and On-Premise installations is the degree of flexibility between each type of solution. With SaaS solutions on the rise for GRC reporting and Risk Management Software, more and more organizations are realizing that everything they thought they understood about the differences between SaaS and On-Premise…

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Investment Firms Failing To Meet FINRA Enterprise Risk Management Requirements

In the last year alone, FINRA has disciplined more than 1,000 companies and individual investment advisors with over $34 million in penalties over failure to meet enterprise risk management requirements. FINRA, the Financial Industry Regulatory Authority, is dedicated to investor protection and market integrity through effective and efficient regulation of the securities industry. A key…

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