Risk Assessment

The Serious Fraud Office (SFO) has just published a guidance document on how the organisation will assess the compliance programmes of the companies which it investigates. Here, Aziz Rahman outlines his concerns that the guidance perhaps falls somewhat short of what’s required. Compliance is a…

What’s it really like to work in the field of risk management? In conjunction with the Institute of Risk Management (IRM), Risk Xtra continues its series of articles running under the banner ‘Tools of the Trade’ in which we ask practising risk management professionals to…

Since 2010, local authorities have had their budgets cut by an average of 26%. In the same period, Government spending on the police service has gone down by 30% in real terms, resulting in 20,000 fewer police officers on our streets. These police cuts have…

A resilient organisation is one that can fulfil its strategic aims, such as economic growth, developing competitive advantage or increasing profits, regardless of any adverse issues it faces either internally or externally. Such an organisation is seen to not only survive operational disruption or hostile…

Safety alerts elicit an urgent response with good reason. Put simply, the cost of not responding in time is potentially astronomical. Fire, for example, can destroy equipment and entire buildings and have catastrophic human cost. Businesses are naturally committed to keeping their staff, property and…

Despite sensitive data being increasingly moved to the cloud, extensive research recently carried out by business continuity and disaster recovery solutions provider Databarracks reveals that over 60% of organisations have not evaluated the continuity risks for their cloud services over the past year. Recently, McAfee…

Cyber security investment continues to spiral, with Gartner predicting that global security spend will reach £71.72 billion by the end of the year as a direct result of regulatory change, mindset and a growing awareness of threats, writes Alan Calder. With over 40% of UK…

Mitie’s Professional Services business has launched a new risk consultancy. Involving a team of seasoned professionals with more than 100 years of experience, the Threat Mitigation offer will be led by Ian Carter, former New Scotland Yard chief police officer and Ken Allison MBE, a…

With just six months to go before the UK leaves the European Union (EU), the British Chambers of Commerce (BCC) is calling for UK ministers to redouble their efforts to reach an agreement with the EU – and ensure a transition period that could help…

BSI Supply Chain Services and Solutions has announced a partnership with NMU, one of the UK’s leading niche insurers. The collaboration will enable NMU’s brokers to further support their clients to reduce their insurance claims by better understanding their supply chain risks. By leveraging this…