First coined by Bruce Schneier in his book Beyond Fear, the term "security theater" has entered the everyday lexicon to describe something that projects a facade of security without substantively ...

Jochen Schwenk is CEO of Crisis Control Solutions LLC & Schwenk AG, an expert in risk and crisis management for the automotive industry. Risk management is a critical component of daily life and, of ...

If most midsize companies have a formal risk management process, why did so many fail even in pre-pandemic years? The problem is that risk heat maps — many companies’ primary tool for assessing risk — ...

Risk management is the process of identifying, analyzing, and mitigating uncertainties and threats that can harm your company or organization. No business venture or organizational action can ...

Your risk and compliance functions are probably costing you more than they should. Not just in budget, but in drag. When your functions are siloed, they create redundant work, blind spots and a bad ...

As every compliance practitioner is well aware, even in 2023, third parties still present the highest risk under the FCPA. The 2023 ECCP devotes an entire prong to third-party management. It begins ...

Since the early 2000s, several industry and government agencies have expanded their compliance rules that address companies’ risk management plans, policies, and procedures. Image: What to Know: ...

Risk management is crucial for companies, especially during these times when the environment continues to be volatile, uncertain, complex and ambiguous (VUCA). Every company needs to be ready for any ...