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The Importance of Business Risk to the Enterprise

Business risk is foundational to business risk intelligence, but it’s also commonly misunderstood because its scope extends far beyond what security practitioners typically deal with on a daily basis. Broadly speaking, asserts Josh Lefkowitz, business risk refers to the...
Posted On 05 Feb 2019
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Two-in-three procurement leaders “have limited or no visibility” beyond Tier One of supply chains

As many as 65% of procurement leaders have limited or no visibility beyond their Tier One suppliers. That’s according to Deloitte’s annual Global Chief Procurement Officer (CPO) Survey. While visibility of the supply chain is crucial for businesses to ensure factors...
Posted On 27 Feb 2018
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Anvil announces partnership with Airbnb to safeguard corporate business travellers

Anvil, the travel and operational risk company, has connected its Employee Travel Monitoring System (ETMS) with short-term rental giant Airbnb. This direct connection will significantly ease the booking burden and enable organisations to maintain their Duty of Care requirements...
Posted On 26 Sep 2017
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ORIC International reports further global growth as Argo and Hartford Groups join membership

ORIC International, the provider of operational risk event data and content solutions, has announced that the Argo Group and The Hartford Financial Services Group will join as members of the organisation, further expanding ORIC’s global reach. With 41 member firms now submitting...
Posted On 08 Dec 2015
The IRM’s Internal Model Industry Forum is launching two guidance booklets for risk professionals operating in the insurance sector
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IRM and ORIC International publish guidance notes targeting operational risk for insurance sector

The Institute of Risk Management’s (IRM) Internal Model Industry Forum (IMIF) has launched two guidance booklets: Operational Risk Modelling: Common Practices and Future Development (created by ORIC International and the IRM) and Diversification Benefit: Understanding its...
Posted On 23 Jul 2015
Michael Sicsic: joining the Financial Conduct Authority
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Michael Sicsic joins Financial Conduct Authority to focus on retail sector insurance

Michael Sicsic is moving from his position as group risk director with Aviva plc to join the Financial Conduct Authority (FCA), where he’ll take up the role of head of department for general insurance focused on the retail sector. As a condition of this new appointment,...
Posted On 09 Jun 2015