Reputational Risk

Recently disclosed statistics show that only a small number of companies are prosecuted after self-reporting bribery and corruption. Aziz Rahman observes that such a course of action demands careful consideration. There’s a widely-accepted view that, when it comes to corporate crime, self-reporting your wrongdoing can…

The results of a study conducted by Harvard Business Review Analytic Services (HBRAS) and commissioned by Basware highlight that businesses worldwide lack transparency in their supply chains. The majority of those business leaders surveyed (60%) warn that poor visibility of who they do business with is…

ComplyAdvantage – the specialist regtech company active in the compliance industry through data science and machine learning in a bid to neutralise the risk of financial crimes – has just released its ‘2020 Global Compliance Report’. From regtech innovation through to the ever-shifting regulatory landscape,…

The recent acquittal of three senior figures at Guralp Systems on charges of conspiracy to make corrupt payments came two months after the company admitted wrongdoing when entering into a Deferred Prosecution Agreement (DPA). Here, Aziz Rahman (whose firm Rahman Ravelli represented one of those…

BSI’s third Organisational Resilience Index finds business leaders struggling to adapt to new technology amid political and economic uncertainty. According to the third annual Organisational Resilience Index report, published by the BSI and which surveys 800 senior leaders across the globe, business leaders’ confidence in…

Just one in every five UK companies employs a Chief Risk Officer. That’s according to research involving 250 UK business leaders conducted by Gallagher, the global insurance broker, risk management services and consulting firm. According to the company, this is leaving UK businesses exposed to…

Adversarial social media activity was a relevant factor in 27% of significant incidents suffered by global businesses in the last 12 months, according to data from the latest Global Fraud and Risk Report released by Kroll (the specialist in risk mitigation, investigations, compliance, cyber resilience,…

Talking about compliance and competitive advantage in the same sentence can sound like a bit of an oxymoron, writes Andrew White, but as today’s security and risk management professionals face an ever more complex regulatory landscape, not only meeting compliance requirements, but also looking at…

Carbon Black, the cloud-native endpoint protection company, has issued the results of its third UK Threat Report based on a survey of 250 CIOs, CTOs and CISOs across the UK. The results show that the threat environment is “sustained and sophisticated” with phishing attacks serving…

While we all continue to take and share a huge number of photos with various arrays of smart phones and tablets, there’s now an increasing concern about how people’s biometric data is being kept and subsequently used. This is mainly due to a certain level…