Author: erma

The Importance of Risk Assessment: Safeguarding Success Amidst Uncertainty In today’s fast-paced and unpredictable world, the ability to identify and manage risks effectively has become paramount for individuals, businesses, and organizations across various sectors. Risk assessment, the process of evaluating...

Building a Resilient Organization: Effective Risk Management Strategies for Businesses In today’s dynamic and unpredictable business environment, organizations face a myriad of risks that can impact their operations, profitability, and overall success. Building resilience requires businesses to implement effective risk...

How to Measure Risk Capacity for Strategic Initiatives Enterprise risk management is evolving into holistic risk portfolio management. This means eliminating unwanted risks to create room for smart risk-taking on high-return strategic business initiatives. Managing risk on a holistic level...

Building an Effective Risk-Aware Culture While seemingly cliché, the saying “everyone is a risk manager” is simple but absolute. An organization is run by its people and their knowledge in managing risk is a key component to strategic business planning...

Top 10 Cybersecurity Trends for 2023: From Zero Trust to Cyber Insurance As technology advances, cyberattacks are becoming more sophisticated. With the increasing use of technology in our daily lives, cybercrime is on the rise, as evidenced by the fact...

Balancing cybersecurity with business priorities: Advice for Boards In today’s rapidly evolving technological landscape, it’s more important than ever for Boards and executives to stay informed about the latest advancements and potential risks in technology and digital capability. In this...

Climate and sustainability reporting challenges: Auditors’ perspectives Environmental, social, and governance (ESG) reporting is one of the most significant emerging issues affecting financial reporting and the accounting profession. At the annual AICPA CIMA Conference on Current Securities and Exchange Commission...

Navigating the ESG and Climate Risk Landscape In recent years, financial institutions worldwide have faced pressure from governments, regulators and even customers to step up their environmental, social and governance (ESG) and sustainability activities. In regulatory circles, climate risk has...

4 ESG Questions Risk Managers Must Answer The Danger of ESG Commitments Unaligned with ERM Goals In recent years, Environmental, Social, and Governance (ESG) concerns have become increasingly important to all businesses and their stakeholders. In addition, major businesses based...

ESG Has Now Evolved Into Risk Management. Is Your Organization Ready for the Change? ESG (Environmental, Social, and Governance) has roots in Corporate Social Responsibility (CSR) and the environmental movement, but it today encompasses an organization’s impact on society and...