You’re well on your way in implementing an operational resilience programme; you have identified your important business services, defined impact ...
We’ve defined important business services, designed impact tolerances and mapped the processes and resources that support them. We’ve run through ...
In this series we’ve defined important business services, designed impact tolerances and mapped the processes and resources that support them. In our ...
So far in this series we have identified important business services, designed impact tolerances and mapped the processes and resources that support ...
So far in this series we have identified your important business services, and designed impact tolerances. Now we turn to an important step in ...
What does op-res maturity mean in practice – and how can you navigate the pathway to achieve it? In this article, Protecht’s EMEA Director of ...
The previous blog in this series looked at how to define your important business services. In this blog, we will consider how you can determine the ...
In the first blog in this series, we covered what operational resilience is. In this article, we will focus on identifying your important business ...
In the first article in this series, we defined how operational resilience, business continuity and disaster recovery fit together conceptually ...
Despite the catchy title, we should be honest and say that there isn’t really any ‘versus’ between Operational Resilience, Business Continuity and ...
Recently I visited a shopping centre that I hadn’t visited in a while. The below ‘feature’ caught my eye and caused me to scratch my head. Multiple ...
LastPass recently announced that they have been subject to a data breach, with some of their source code stolen (don’t worry, master passwords appear ...
How prepared are organisations for resilience? Let’s cover the top-line data first. The survey of risk professionals found that nearly all surveyed ...
Protecht held a webinar on operational resilience in July 2022. The attendees asked a range of questions, some which we were able to answer during ...
There has been an increased focus on operational resilience in organisations in recent years. In financial services in particular, operational ...
Regulators in the financial sector have been tackling the field of operational resilience head on for the last few years. Different regions are in ...
One of the key concepts getting serious airplay on the current risk management stage is operational resilience. It is a key focus of global financial ...
Inflation is on the rise, pushing up the cost of living. They say a picture is worth a thousand words, in which case this picture is a good place to ...
We live in an increasingly connected world, and most of us experience that connectivity through our mobile phones and our home or work internet. How ...
Most businesses and security experts agree that the shift to remote work has encouraged malicious actors and opened new attack surfaces for them to ...
Like many professions, we risk managers seem to be masters at picking the latest trend and promoting it as if it’s the only thing that matters. ...
The US retail bank Wells Fargo has had a considerable number of incidents over the last several years.
Lotto NZ (officially the New Zealand Lotteries Commission) is a Crown entity that operates lotteries nationwide. It's been one of New Zealand's ...
Pinnacle Investment Management supports a diverse range of affiliate investment management firms across Asia-Pacific, EMEA and North America. ...
After some of the toughest years ever for the airline industry, travel is back on the cards as we adapt to the ‘new normal’. However, that new normal ...
In April, the US banking regulator FDIC issued Financial Institution Letter 16-2022 on crypto-related activities to the banks that it supervises.
How many brands can claim that their consumer goods promotion warranted a statement from the Pentagon? It turns out that the answer is “at least ...
Global speciality insurer Chaucer Group has committed to net-zero greenhouse gas emissions by 2050. The insurer and reinsurer is among a growing ...
A few months ago, UK lender Barclays Bank announced that it had discovered a compliance breach from 2019 in its US operations. The bank sells ...
Google is the latest tech giant to be fined for violations of GDPR provisions. The €10 mn (US$11 mn, AU$15mn) fine was issued by the Spanish data ...
In our recent webinar Risk Art Class - Visualize your risk with bow tie analysis, we were asked an interesting question: "How do you ensure that ...
According to a recent survey of over 1000 Chief Information Officers by identity management provider Venafi, 82% believe their organisation is ...
The traditional siloed view of risk management has evolved over many years of its development as a discipline, but there is increasing pressure to ...
The global insurance industry has been impacted heavily by COVID and extreme weather events. Insurers worldwide have had to respond and adapt to such ...
In this blog article, you will find the webinar recording of the session on Operational Resilience delivered by David Tattam, Chief Research and ...
Investment in compliance management continues to grow exponentially. In Macquarie Group’s latest financial results, compliance spend amounted to 17% ...
Protecht recently conducted a webinar on “Risk Appetite: Development and Operationalisation” covering our North American, EMEA and APAC markets. A ...
Macquarie Group has disclosed in its latest financial results that the group spent $785 million on compliance in the year to 31 March 2022, a 22% ...
What is Marketplace? Marketplace makes it easy to implement and scale Protecht.ERM. It provides templated registers, workflows and analytics ...
London-based financial services firm Impax Asset Management administers a suite of equity, fixed income and private equity investments. The company ...
Freeway UK Insurance Services Limited, a leading provider of taxi insurance across the UK market, engaged Protecht to deliver a holistic risk ...
"Would you rather?" is a party game that poses dilemmas by asking questions starting with "would you rather?". As an example:
Establishing an ERM system can be as daunting as building a house from the ground up. There are hundreds of decisions to be made that will affect how ...
The management of an organization's risks on a true enterprise basis should be the aim of contemporary risk management. Enterprise Risk Management ...
Taking Risk Management to the next level The APRA report of the prudential inquiry in the Commonwealth Bank of Australia (CBA) was issued on 1 May ...
Do you know what the Modern Slavery Act is and how it will impact your business? We had the opportunity to have Associate Professor Justine Nolan ...
It’s clear that today’s operating environment is changing at a very rapid pace, which means the risks are evolving fast, too. In this blog, we ...
The drivers of operational resilience are creating a perfect storm. On one hand, the financial services regulators are demanding action while on the ...
The World Economic Forum has estimated that “Fighting COVID-19 could cost 500 times as much as pandemic prevention measures”[1]. This means that an ...
Melbourne Polytechnic’s risk reporting was labour intensive and data was scattered across various platforms, making it difficult to access and ...
The British Council exams program lacked up to date solutions for managing exams audit, incident management, and associated processes. Implementing ...
Risk Bow Tie Analysis is a powerful tool to document and communicate any type of risk. At Protecht we have always been passionate about the Bow Tie ...
The dress Bow Tie originates from the 17th century. Croatian mercenaries held their shirts together around the neck using tied scarfs during the ...
The list of key risks that should be keeping us awake at night seems to be forever changing. Whatever your list, Culture and Conduct Risk should be a ...
We want to thank Adel Fakhreddine for answering the questions and also to all the participants around the world for being really proactive and ...
The Victorian Government’s Risk Management Framework (VGRMF) which applies to Victorian Government departments and public bodies covered by the ...
In this blog, David Tattam summarises his insights from the tenth live session "From Static to Dynamic WHS Risk Reporting" in the webinar series "A ...
The IIA-Australia's guide is a timely reminder of the need for continued focus on risk culture. Although the guide is focused on Financial Services, ...
Protecht’s eleven part complimentary webinar series focusing on a comprehensive deep dive into Workplace Health and Safety (WHS), kicked off on 23 ...
In this blog, David Tattam summarised his insights of the second live session "A Risk Management Framework for WHS" in the webinar series "A Deep ...
In this blog, David Tattam summarised his insights of the fourth live session "Risk and Hazard Assessment" in the webinar series "A Deep Dive into ...
In this blog, David Tattam summarised his insights of the second live session "Understanding WHS Treatment Methods and Controls" in the webinar ...
In this blog, David Tattam summarised his insights from the seventh live session "WHS Incident Management " in the webinar series "A Deep Dive into ...
Protecht’s eleven part complimentary webinar series focusing on a comprehensive deep dive into Workplace Health and Safety (WHS), kicked off on 23 ...
In this blog, David Tattam summarised his insights of the fifth live session "Identifying, Tracking, Monitoring, and Reporting WHS Risk Metrics" in ...
Craig Greenwood, Former Toyota Financial Services Chief Compliance Officer, and his team wanted to continue using established business procedures but ...
Over the past ten years, consumer banking behaviours have significantly changed. Today, the majority of customers engage banks via digital channels. ...
A futurist’s role is to help shape the future of something (risk management) in order to make it more relevant and valuable based on: Its known ...
Over 800 risk professionals joined Richard Waterer, Managing Director EMEA for Aon, and David Tattam, Director of Research and Training from The ...
Protecht’s eleven-part complimentary webinar series focusing on a comprehensive and deep dive into workplace health and safety, kicked off on 23 July ...
During our live webinar session on How COVID-19 learnings will shape the New Normal of Risk Management, our participants asked questions covering ...
This interview was featured in the Forge Magazine. You can access the full publication here. Too many organisations view risk management as a ...
What does ERM mean? Enterprise Risk Management (ERM) is becoming increasingly accepted as an integral part of business management processes within ...
The sharing of experiences at any time of life is an enriching and valuable experience. In times of crisis, experience sharing is gold. A key factor ...
One of the early observations we have made from the COVID-19 crisis experience to date relates to the operations of the war room and the crisis ...
In a recent post by Warren Black, he stated: "Clearly, organisational resilience in the face of disruption, is not about bouncing back but rather ...
Compliance at the best of times is often met with sighs and feelings of burden and “we need to do it because we’ve been told to” attitude. In a ...
Now that the Pandemic risk has “hatched” and we are operating in the midst of its development, it has produced a substantially changed risk profile ...
You can find here the list of questions and answers to the topics that were raised during the live session of the webinar: How to easily measure your ...
You can find here the list of questions and answers to the topics that were raised during the live session of the webinar: Best Practices to measure ...
Risk Culture is the system of values and behaviours in an organisation that guides all risk-related decisions. We believe that getting the right ...
Here are some audit committee questions you can ask to check the adequacy of internal resources: Organisation requirements 1. Does the internal audit ...
I have hope. Hope that my children (14 and 12) and their fellow Gen Zs and Gen Alphas will fix us. We are well on the way – the #MeToo movement and ...
As a business seeking to maximise your return on employee investment, there’s hardly a better choice than to educate staff at all levels with risk ...
If you're reading this article, it's likely that you're facing one of these two scenarios: You are a risk manager looking for risk management ...
At the end of last year I had the opportunity to do a workshop at the Annual Risk Leaders Conference organised by the Institute of Risk Management ...
Our health and safety incident management software, Protecht.ERM, will help your organisation to minimise loss and disruption to your operations due ...
Protecht.ERM is trusted by countless enterprises across dozens of different industries to deliver their ERM capability. Financial organisations that ...
The latest focus in risk management seems to be "Non-Financial Risk". Search for "Non-Financial Risk" on Google and you will be returned everything ...
What is Internal Audit? "Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an ...
Risk is always in motion - its measurement is forever changing. In this webinar, David Tattam and David Bergmark talk about how using dynamic ...
This is part 3 of our video series on "Disparate and Disconnected Risk Processes and Information". In this video, David Tattam talks about the eight ...
How do you encourage your staff to embrace risk and controls? In this recording, David Tattam talks about how understanding the dynamics and ...
The Second Line of Defence Launchpad within the Protecht.ERM system is an effective and interactive visualisation designed specifically for the Line ...
Effective risk management requires governance structures and processes commensurate with the organisation’s context. Regardless of the organisation’s ...
Are they useful? Residual risk, the risk after considering existing controls, is universally accepted as important to assess in the risk assessment ...
The ISO 31000:2009 standard does not refer to “inherent” risk. Is this a deliberate omission and if so, what is the reason? This leads to the ...
You can take a horse to water but you cannot make it drink. You can take risk management to your business but you cannot make them do it. People, to ...
Controls assurance is a critical component of any robust risk management framework, providing an organisation with: Objective evidence that controls ...
What is the definition of Compliance? Compliance is an outcome of conforming to a rule. That rule may arise from an external source such as a law or ...
This post is part of our series Operational Risk Management – Learning from yourself as an expert already! My last blog highlighted the extensive use ...
6 Key Questions to Define Risk Control In last week's blog, I discussed the basic but often confused issue, of describing operational risks in a ...
For those that adopt inherent risk in their risk assessment process, there is general recognition that inherent and residual risk are connected in ...
The primary purpose of risk management is to create and preserve value. Rather than it being a chore or a regulatory demand, risk management should ...
