Every organisation has invested recently in their assurance functions – budgets in compliance have grown by 10%, InfoSec by 17%, and ERM by 22% - but significant failures and incidents continue to occur. In addition, operational management regularly complain of assurance fatigue and ExCo’s increasingly demand a holistic approach to risk management or a “single view of the truth”.
Ian Beale, executive advisor at CEB, has more than 20 years' experience in the field of audit and risk. He relishes variety and new intellectual challenges, which proves useful in his role advising companies on critical and emerging risk and audit issues. On a daily basis, Ian works with global companies to identify risk priorities and areas of focus in a world that is rapidly changing.
The continued growth in size and frequency of costly data breaches has increased the pressure on senior leadership and Boards of Directors to take a rigorous approach to understanding and managing cyber security risk. With this in mind, ERM teams are being asked to weigh in the organization’s response to these risks. Join this webinar to learn from CEB how your peers manage and report on cyber security risks and work with their Information Security counterparts to ensure that their organisations are prepared for the inevitable cyber-attack.
Suzanne Crouch, Director of Training at Sologic will deliver a 40 minute webinar on Root Cause Analysis combining level 1 and level 2: Senior Investigator. Suzanne will speak about the cause-effect relationship of events and the impact they have on your job role and your organisation. RCA identifies ways to stop negative events reoccurring, while examining successful events to help you replicate their positive characteristics.
RCA Level 2; Senior Investigator: creates understanding of the critical elements needed to lead an effective investigation, produce credible results, and the steps required to protect the credibility and integrity of the investigation team, the problem owner, and any impacted parties.
CEB's Ian Beale presents a 60 minute webinar on 'Risk in the Boardroom' with guest speakers: Carolyn Saint, CAE, University of Virginia and Louis Cooper, IRM approved trainer and Chief Executive of the Non-Executive Directors' Association
In this webinar we will review best practice risk reporting and how to design company-wide risk reporting that focuses on providing insight rather than data or information. These approaches provide enough detail to enable informed decision making at all levels without overburdening recipients with superfluous information.
This event is designed for Heads of ERM, ERM Directors, ERM Managers, and other direct reports of the Chief Risk Officer. It is designed to teach the basics and also best practices of conducting a successful risk assessment workshop plus tactics for impactful workshop facilitation. Participants will learn a number of tactical ERM practices that can be implemented immediately.
The Code of Governance now requires organisations to include viability statements in their Annual Report. This webinar is targeted at those individuals who have responsibility for or are contributing to the preparation of their companies Annual Report.
Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. An insurer, or insurance carrier, is a company selling the insurance; the insured, or policyholder, is the person or entity buying the insurance policy. The amount of money to be charged for a certain amount of insurance coverage is called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.
The focus of this programme is manifold and address the following issues: fostering the use of the tools of risk assessment and risk management in new fields of application such as policy making; providing a platform between the insurance community, the engineering and academic communities and policy makers to discuss risk issues; promoting the concept of the insurability of risks as the natural borderline between State legislation and the market economy; identifying new opportunities for insurers in the emerging sustainability concept in order to enlarge the field of insurable risks
Reputational risk, often called reputation risk, is a risk of loss resulting from damages to a firm's reputation, in lost revenue; increased operating, capital or regulatory costs; or destruction of shareholder value, consequent to an adverse or potentially criminal event even if the company is not found guilty. Adverse events typically associated with reputation risk include ethics, safety, security, sustainability, quality, and innovation. Reputational risk can be a matter of corporate trust.
Business continuity encompasses a loosely defined set of planning, preparatory and related activities which are intended to ensure that an organization's critical business functions will either continue to operate despite serious incidents or disasters that might otherwise have interrupted them, or will be recovered to an operational state within a reasonably short period. As such, business continuity includes three key elements: 1. Resilience: critical business functions and the supporting infrastructure are designed and engineered in such a way that they are materially unaffected by most disruptions, for example through the use of redundancy and spare capacity; 2. Recovery: arrangements are made to recover or restore critical and less critical business functions that fail for some reason. 3. Contingency: the organization establishes a generalized capability and readiness to cope effectively with whatever major incidents and disasters occur, including those that were not, and perhaps could not have been, foreseen. Contingency preparations constitute a last-resort response if resilience and recovery arrangements should prove inadequate in practice.