Risk maturity lags behind developing threats

Regulatory risk and economic uncertainty have topped a poll conducted by the consultancy Protiviti as the top threats according to executives for 2020. Regulatory risk was seen as the biggest overall risk with 70% of respondents to the survey Read more

Risky algorithms

As algorithms become more sophisticated, the risk of spreading hidden bias in organisational decision-making is increasing, according to a recent paper contained in the Canadian Institute of Actuaries’ newsletter Enterprise risk management 2019: the new wave of risks.

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Using scenarios to quantify corporate risks

By Lee Coppack

Consumer spending comprises more than 50 per cent of gross domestic product in many developed countries. It is more than 65 per cent in the United Kingdom and United States. Good risk analysis by consumer goods Read more

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 Read more

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 Read more

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 Read more

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 Read more

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 Read more