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Commercial Risk: Covid-19 and ESG Demand Greater Supply Chain Risk Transparency

Covid-19 is putting supply chains under immense strain, adding to existing pressures from natural catastrophes and political risks. The pandemic, for example, has caused severe delays in shipping. A shortage of containers and container vessel capacity, coupled with Covid-19 measures, have led to congestion at major ports and delays to shipments from Asia. Supply chain risk […]

Webinar: Continuous Monitoring for ESG Risks

The Biden administration has set aggressive climate goals leaving little doubt that the “climate” on climate-change has changed dramatically in the US. The goals cover a broad spectrum of climate issues, including reduction of climate pollution, increased resilience to the impacts of climate change, improved environmental justice, protection of public health, and conservation of land, water, […]

Supply Wisdom to Present at Compliance Week Virtual Event

Creating a safe, effective and resilient plan for a return to the workplace requires recognition that one size does not fit all. The conditions the pandemic has created vary greatly from location to location due to factors such as health infrastructure, local government regulations, public transport, people, vaccine availability and so much more. As each […]

Continuity Insights: The Cost of Faulty Risk Management – and How to Avoid It

Fines resulting from poor risk management controls are becoming commonplace in the financial industry – and this new trend is just as expensive as it is avoidable. Recently JPMorgan was charged $250 million over inadequate risk management in its wealth management business. Risk management errors and mishaps are becoming too expensive to ignore. The sad reality is that […]

Risk Management: 3 Critical Risk Management Investments in 2021

Many companies are increasing risk budgets in response to COVID-19’s wide-scale disruptions in 2020. Unfortunately, many widely used third-party risk management practices such as point-in-time assessments and one-time health reviews were ineffective as the situation and risks continued to change and cascade. Is doing more of the same the right answer moving forward? Additional investments […]

Supply & Demand Chain Executive: New Year, New Administration – What’s Next for our Nation’s Supply Chains

2021 kicked off pretty much how 2020 ended—COVID-19 still running rampant and supply chains still experiencing stress. Same problems, different year. But, with the new President comes a host of sustainability-focused initiatives for the supply chain and logistics industry. For starters, Biden’s team is mapping out executive orders aimed at mobilizing the entire federal government […]

Strategic Risk: Financial Firms Face a Risk Reckoning

The ongoing COVID-19 crisis has shined a bright spotlight on the relationship between risk management and financial institutions. Given the widespread disruption experienced in 2020, we can expect several major changes to emerge in the coming year, with a risk regulation overhaul leading the pack. New findings from this year’s Regulatory & Risk Management Indicator survey, […]

Compliance Week: Combating Third-party Cybersecurity Risk

Cyber-security breaches occurring via third parties is a trend that is not likely to go away anytime soon. In the past, companies might have been able to shield themselves from liability by pointing the finger at the third party who lost the data. That excuse doesn’t fly anymore, and there are plenty of recent examples […]

Webinar: The Way Forward with Virtual Assessments and Continuous Monitoring

This session concluded on September 15, 2020. If you missed the live discussion, you can download the presentation and notes here. Contact us if you would like more information about virtual assessments and continuous monitoring. Description COVID-19 has made onsite assessments extremely difficult, if not impossible. While virtual assessments are the solution until the pandemic […]