MetricStream’s Yo McDonald discusses how businesses can identify biases when evaluating risks, how it affects processes, and the steps businesses should take to mitigate bias. Evidently, risk evaluation is fundamental in business to protect the organisation, its workers and to guarantee long-term success. To ensure an organisation’s risk evaluation...
14 December 2020 /security /regulation Operational Risk Management
Moving from simple risk management to real resilience is a critical new capability that organisations are striving to attain. Teams seek to quickly mature resilience as we reopen our businesses, countries and economies in the post-COVID-19 world. Organisations that do this well and become ‘anti-fragile’ will thrive – those that do not will find th...
28 September 2020 /regulation /covid-19 Operational Risk Management
In this time of digitalisation, with more employees, suppliers and third parties opting for virtual meetings and transactions - IT, security and cyber teams have become hyper-vigilant about protection of sensitive and regulated information. It’s a challenge. In previous posts on Risk Quantification, and how 2020 is changing the way we 'Do Risk a...
04 September 2020 /regulation /covid-19 Financial Risk Management
You are the CRO. Responsible for measuring risk impacts due to not only the pandemic, but multiple uncertainties ranging from disrupted supply chains, economic impacts to historic wildfires and hurricanes. How you and your teams do risk and resilience management is transforming today and will evolve tomorrow and every day into the future as we adap...
27 August 2020 /regulation /covid-19 Financial Risk Management
As soon as the severity of the COVID-19 outbreak was recognised by world leaders, a widescale shift to remote working for many office workers rapidly increased the pressure on cybersecurity teams. Before entering this “new normal” in 2020, most cybersecurity teams would typically have been used to guarding an organisation’s infrastructure, analysin...
17 August 2020 /security /covid-19 Financial Risk Management
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