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IRM’s risk predictions for 2019
Cybersecurity, BREXIT, geopolitics and financial market fluctuations are among chief concerns for businesses voiced by some of the UK’s leading risk experts as they look ahead to 2019. At the start of the year, senior members of IRM were asked to identify key risk areas for businesses for the year ahead. A broad range of…
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Supporting better reporting
The Financial Reporting Council (FRC) has responded to investor calls for better corporate reporting with new guidelines designed to help companies improve the way they present their performance metrics. Investors use such metrics to make judgements that could affect investment decisions, such as deciding on the value of a company or assessing its use of…
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Smoke toxicity risk needs action
The Fire Protection Association (FPA) is calling on the government to consider the role that smoke toxicity should play in product approvals before making its final decision on the acceptability of combustible building materials. The call follows publication of the association’s new research into the toxic fumes generated by certain building cladding combinations that are…
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Lessons to learn on data for political parties
The Information Commissioner’s Office (ICO) has issued formal warnings to major political parties across the UK after it found risks in relation to the way they obtain and process personal data and meet data protection requirements. Many of the findings in its investigation into the use of data analytics in political campaigns relate to the…
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Low unemployment leaves fewer options for businesses
With the UK unemployment rate at its lowest level since the 1970s, employers are finding it increasingly difficult to recruit the right people. Just four per cent of the population is currently jobless, resulting in a growth in wages and a consequent increase in labour costs in some industries. The highest demand for workers across…
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Digitalisation: The 4th industrial revolution for risk management
Cyber-attacks and data breach are amongst the top threats facing any business – the news is constantly highlighting global organisations (including well known trusted household names) that have suffered attacks at the hands of cyber criminals. Not only does this affect the personal data and credit card details of millions of customers, it also affects…
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Morrisons data breach threatens vicarious liability
In October, the Court of Appeal found Morrisons Supermarkets vicariously liable for a data breach caused by the actions of a disgruntled employee. It is the first successful UK class action of its kind and, if it continues to be upheld, it places the burden for data security squarely on the shoulders of businesses. The…
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Enrolments are now open for the IRM’s Digital Risk Management Certificate
The Institute of Risk Management is delighted to announce that enrolments for our new Digital Risk Management Certificate is now open. The qualification is launching at an introductory price of £995. This new specialist Certificate, awarded by the IRM and developed with support from the WMG Cyber Security Centre at the University of Warwick and the University’s Department…
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Zanele Mukhubo awarded the highest grade of membership by the Institute of Risk Management
Zanele Mukhobu, CFIRM, Director, Enterprise Risk Management, Gauteng Department of Human Settlement has recently been awarded the highest grade of membership by the Institute of Risk Management by completing the Senior Executive Route. She is also Chair of the IRM’s South Africa Regional Group and has dedicated her time to being an ambassador for the risk profession. She said: “I…
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Horizon Scanning: A Practitioners Guide revealed at IRM Risk Leaders
by Mark Turner The Innovation Special Interest Group (ISIG) of the IRM revealed the first copies of the Horizon Scanning: A Practitioners Guide at the 2018 IRM Risk Leaders conference in London. During 2017 the ISIG, led by Mark Turner, were inspired by IRM’s Risk Agenda 2025 to develop further thinking on ‘Horizon Scanning’ which…
