The Australian Prudential Regulation Authority’s (APRA) CPS 230 mandates critical supply chain risk management updates. Financial institutions reliant on third-party services must pay close attention to this mandate. Why? Supply chain security breaches remain a critical issue, actually now affecting over 75% of software supply chains and involving recent high-profile incidents. CPS 230 therefore aims to act as a shield to better safeguard organizations. To ...
One third-party misstep can damage a brand in a matter of minutes. For example, a data breach can grant hackers access to customer data, a vendor's offensive social media post can trigger public backlash, or a logistics partner’s delay can ruin a product launch. Quantifying reputational risk is now essential. Organizations all around the world face increased pressure. Pressure to assess, monitor, and mitigate reputational ...
Does your risk management and internal framework really work? Some companies working in the United Kingdom will need to start proving it. Starting with accounting periods that open either on or after 1 January 2026, every company in either the FCA’s commercial companies or closed-ended investment fund categories must make a statement in its annual report confirming whether its risk management and internal control framework ...
A cyberattack can catch an organization off guard, creating chaos as teams rush to respond. Executives struggle with outdated spreadsheets, while compliance officers juggle siloed point solutions. Without a clear, coordinated approach, important risks can be overlooked. This scenario is all too real for organizations relying on legacy processes. When dashboards run slow and manual spreadsheets fall short, new gaps emerge out of thin air ...
Integrated enterprise risk management unites every strand of risk. From strategic, operational, financial, regulatory, cyber, to third-party, all forms of risk become streamlined under one data architecture. When things become more centralized, a streamlined workflow ensues. Instead of juggling separate spreadsheets, dashboards, and point solutions, teams instead tap into a shared information hub featuring a single source of truth. One that feeds real-time insight to ...
When ransomware halts production lines and phishing attacks cripple control systems, cybersecurity alone isn’t enough. It's merely a start. What's next? Organizations need operational safety as their last line of defense. Operational safety ensures that people, processes, and equipment alike keep running effectively and efficiently, even under attack. From regulatory shocks to climate events to supply-chain failures, operational safety protocols shore up continuity when IT ...
A single IT outage doesn’t just interrupt operations. In many cases, it becomes front-page news. In July 2024, CrowdStrike served as a wake-up call when a software glitch caused the largest IT outage in history, disrupting business operations around the world. In early 2025, Barclays customers took to social media as a 14-hour outage left them locked out of their accounts. These incidents have more ...
From climate disasters, political unrest, ongoing cyber threats, and more, business risks and resilience mean something completely different than they used to not long ago. Organizations must be equipped to navigate business disruptions and maintain continuity. Businesses face a myriad of risks that can severely impact operations. These include: Operational Disruptions: Events like natural disasters, pandemics, and political unrest can halt business operations, affecting supply chains and ...
The U.S. Department of Justice (DOJ) has long emphasized the importance of effective corporate compliance programs. While enforcement priorities may shift over time, the core expectations outlined in DOJ guidance remain consistent: programs must be well-designed, applied in good faith, and actually work in practice. What does that look like in real terms? First, programs must reflect the unique risks of the organization. There’s no ...
Centers for Medicare & Medicaid Services (CMS) regulations for hospitals and other healthcare organizations define the federal requirements providers must follow to receive Medicare and Medicaid reimbursement. These rules govern patient safety, billing accuracy, infection control, privacy, and electronic health records (EHRs). Conditions of Participation (CoPs) refers to the specific health and safety standards organizations must maintain. Additionally, hospitals also closely monitor regulations related to ...
