Category: Risk Management Article

The 10 Most Shocking Facts about Modern Terrorism Americans have been lost in their minds and living in fear of just about everything that might hurt them following the tragic events of September 11, 2001. Terrorism remains perhaps the largest...

Data Analytics’ Role in Risk Management Planning Not many people understand that data analytics is important in risk management control and strategy. People who don’t have business background won’t understand that the right data can improve a company in the...

How risky can HR be? by Krishnan Rajendran Certification Board, ERMA Human resources are a source of risk. Organizations face this risk in various aspects of human resource management. We could go wrong in planning our manpower needs, leaving the...

The Importance of Transparency in Risk Management Risk managementis about how organization identifies risks, assess all possibilities and threats, and prioritize which one to deal with. That is why it is important to manage effectively those risks before they create...

Reputation Risk Series – Part 2: Sources and Impacts of Reputation Risk by Antonius Alijoyo Chairperson, ERMA What are the sources of reputation risk? The vast majority reputation risks stem from what companies produce or provide, how their staff behave,...

Security Expenditure Will Strike $96 Billion in 2018, as Forecasted by Gartner Organizations face so much security challenges which result in a hike in the cost of regulation, awareness of the threat, as well as the development of an advanced...

The Failure of Green Product Brands Dr Joseph Zammit-Lucia, the president of WOLFoundation, stated that the reason why brands failed is because of the social or environmental consciousness, which is only one part of what are much boarder and more...

Intangible Assets & Enterprise Risk Management (ERM) by S. Varadarajan, CSQA People are familiar with one form of Asset, which is the tangible Asset. Owning, using, accounting, depreciating, disposing are the activities in the lifecycle of a tangible Asset. These...

Cyber Risk – Trends and Critical Infrastructure The U.S. federal government, banks, and businesses are spending big bucks in a war against hackers and cyber criminals. Cybersecurity budgets are rising in all industries alongside the cyber crime figures. Consider some...

Bangladesh and Reasons Buildings Collapse by Timothy J. Corbett Certification Board, ERMA / President, SmartRisk USA Introduction On 24 April 2013, an eight-story commercial building, Rana Plaza, collapsed in Savar, a sub-district near Dhaka, the capital of Bangladesh. At least...