
COSO ERM Framework: Key Facts You Need to Know
When initiating the project to update its enterprise risk management (ERM) framework, COSO saw opportunities to achieve clarity on several fronts. The updated framework recognizes the increasing importa...
How to Define Risk Management Goals and Objectives in Your Organization
Risk oversight and risk management are high priorities on the agenda of most organizations. Here are popular KnowledgeLeader tools that focus on risk management: Enterprise Risk Management Audit Repo...
How to Mitigate Risks Using Effective Business Continuity Planning
Thorough business continuity plans help organizations minimize the risks of a disaster and restore vital business functions without significant detrimental effects. This blog post examines the fundamen...
What is Design Risk and What Risks are Associated With System Design?
To “design” is to create, fashion, execute, or construct according to plan. The term design as used here refers to the entire scope of a project. A business system design is a collection of design docu...
Risks Associated with Data Integrity and Management Best Practices
Failure to manage data integrity risk can have the following impact: Authorization, completeness, and accuracy of transactions may be incorrect as they are entered, processed, summarized, and reporte...
Cyber Risk: Major Challenges You Need to Know
Cybersecurity is likely to remain center stage as a top risk as companies continue to expand their reliance on digital technologies to transform customer experien...
