Organizations must make improvements to their risk management programs in order to keep pace with the latest cyber-attack risks and data security challenges, according to the second annual 2015 Vendor Risk Management Benchmark Study, released by the Shared Assessments Program and Protiviti, a global consulting firm.
Nearly 60 percent of 350 C-level executives surveyed believe they can "truthfully assure the board beyond a reasonable doubt" that their organization is secure, a surprising show of confidence in an environment where many reports reveal a high incidence of network breaches in up to 97 percent of all companies.
When the Fukushima disaster rocked Japan in 2011, it created a serious disruption to the global supply chains of electronics, automobile and other major industries. Where should you focus your risk management efforts to avoid this kind of disruption?
Hiding illicit drugs and money among an otherwise legal freight move greatly reduces the risk for criminals working in the multibillion-dollar drug trafficking business. John Murphy of the DEA discusses what makes companies vulnerable and how to protect corporate assets.
Almost every U.S. company large or small annually conducts the essential financial audit. But many executives may not be aware that an audit of another kind may be just as critical to their organizations' financial stability plus providing optimum customer service and, literally, protecting the well-being of the public.
That audit? An evaluation of a firm's compliance and operational practices in the shipment of dangerous goods by air, land and sea.