Operational Risk
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NewsCyber risks and business interruption top risk ranking as the biggest risks to corporates
Cyber and BI risks are increasingly interlinked as ransomware attacks or accidental IT outages often result in disruption of operations and services, costing hundreds of millions of dollars, warn AGCS on the launch of its Risk Barometer 2019
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Re-branding ‘risk management’ to ‘success assurance’
Are old-school risk management approaches such as risk matrices and heatmaps preventing it from being seen as driver to business performance? Hans Læssøe principal consultant at AKTUS and former risk manager of The LEGO Group, provides his advice for reinventing risk management
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‘Positive’ risk managers play a central role: StrategicRISK survey
A new survey conducted by StrategicRisk Asia-Pacific and leading risk consultant Gareth Byatt reveals risk managers in Asia are happy with the level of coverage and integration in their business, and believe their organisation actively considers risk in decision-making
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Five risk principles all risk managers should adopt
Will a redirection of our basic principles of risk management add the value we need? Jonathan Blackhurst, head of risk management at Capita, boils it down into five key steps
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How corporates get derailed and what risk managers can do to ensure it doesn’t happen to them
Economic and corporate crises in our recent history have taught us that solid risk management, communicated effectively to the top, works. Yet often, it never reaches the decision makers, writes Jonathan Blackhurst, head of risk management at Capita
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How Patrick Smith is managing Deliveroo’s intangible risks
Much more than a food delivery service, Deliveroo serves up vast amounts of big data – and fresh new risks – daily. It relies on business resilience leader Patrick Smith to stay creative.
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StrategicRISK Europe Q4 now live: the power is in our hands
Nobody wants to become a byword for failure to keep up. But with 2018 showing great changes in business models, everyone is under pressure to stay relevant. Be brave. Join the innovation revolution.
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Rethinking business interruption for 21st century businesses
In a hyper-connected and globalised world, businesses are increasingly at risk of disruption by major events on the other side of the world. But does traditional business interruption (BI) insurance respond in these scenarios?
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When production grinds to a halt
Companies in highly-regulated sectors are demanding new risk transfer solutions for the disruption caused by regulatory intervention
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Expert view: Managing business interruption in the intangible economy
The risks of non-physical damage business interruption will likely increase as more businesses become asset light. So, what can risk managers do to ensure they capture and manage the risks? Thomas Keist, Head of Marketing, Innovative Risk Solutions at Swiss Re Corporate Solutions, has this advise.
