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IRM announces new chairman
Iain Wright, CMIRM, Chief Risk Officer, Europe, Great-West Lifeco Inc. has been announced as the incoming Chairman for the IRM. Iain has served as Deputy Chair since May 2018 and as Chair of the Audit & Risk Committee since December 2016. Iain takes over from former Chair Socrates Coudounaris CFIRM, Executive Director, Enterprise Risk Management,…
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Risk Leaders workshop on management systems evolution: over 40 years of applying ISRS
By Mark Boult and Mark Fisher In 1978 Frank Bird and George Germain published the first edition of the International Safety Rating System (ISRS®). It was the result of collaboration with a range of companies and individuals across industries to determine the “ideal” Safety Management System. The ambition was for companies to use ISRS to…
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IRM Qatar chapter workshop/seminar on role of risk committees in corporate governance
Held on – 2 October 2019 SUMMARY REPORT ON SEMINAR PROCEEDINGS Authored By Aarn Wennekers, Dylan Campbell, Hatem Elsafty, Rahat Latif, Sean Gotora. The IRM Qatar Regional Group organized, with support of Hatem Elsafty a seminar on “IRM Event – The role of Risk Committee in Corporate Governance in Qatar on 2nd October 2019. It was a panel discussion,…
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How to hire a great chief risk officer – guidance
There is a shortage of candidates for senior level risk positions, according to recent guidance aimed at helping organisations fill their top positions, which was published by IRM at its 10th Annual Risk Leaders conference in November. The document – How to hire a great risk officer – calls on organisations to ensure that their…
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Government seeks evidence on barriers to cyber security
The UK government has launched a call for evidence to better understand the barriers facing organisations attempting to integrate cybersecurity within operational risk management. Using resources like cyberlaw services from companies like Sidley can help companies who are facing cybersecurity risks. “Cyber incidents increasingly pose risks to the growth of the UK economy – being…
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IRM Switzerland Regional Group Conference
Helen Yu, a Global Top 10 thought leader on Cybersecurity to speak on 26 November 2019 at IRM Switzerland Regional Group and Business Continuity Institute (BCIS) collaborated half day conference at Brasserie Lipp, Zurich By Martin Tang, Chairman of IRM Switzerland Regional Group. On 26 November 2019, IRM and BCIS join to collaborate on our…
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A jump towards quantum supremacy?
A quantum computer at Google’s lab spent 200 seconds completing a series of calculations that would have taken the world’s most powerful supercomputer an estimated 10,000 years to work out, the company said in October 2019. “Our experiment achieves quantum supremacy, a milestone on the path to full-scale quantum computing,” wrote the people involved in…
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IRM announces new global ambassador for the United States of America
The IRM is delighted to announce a new global ambassador for the USA, focusing on the East Coast states. The IRM’s network of global ambassadors support the international work of the Institute. Linda Conrad SIRM is Principal, Corporate and Information Security Risk Management at Exelon Corporation. She was previously the Director of Strategic Business Risk…
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Businesses misaligned over risk
Boards, executive management and internal auditor departments are misaligned over a series of critical risks, according to a recent report – OnRisk 2020: A Guide to Understanding, Aligning, and Optimizing Risk – by the global industry body the Institute of Internal Auditors (IIA). In particular, boards are overconfident that their organisations’ risk management capabilities are…
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Trouble in cryptoland
Cryptocurrency start-up businesses have become of increasing interest to the industry regulator the UK Financial Conduct Authority (FCA), according to an investigation by the Financial Times newspaper. The FCA has increased its investigations into digital currency operations by 74 per cent, according to the paper, with the current number of start-ups under investigation standing at…
