What is a risk management framework? Implementing the principles and guidelines of a risk management framework (RMF) is not just an effective way to manage current risks, it also provides a structured ...

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 ...

The Committee of Sponsoring Organizations of the Treadway Commission released a long-awaited update Wednesday to its ERM Framework: Enterprise Risk Management–Integrating with Strategy and Performance ...

Global cyberattacks have risen sharply over the last few years, increasing by 38% in 2022, according to Check Point. Combine this with the increasing cost of a data breach, averaging $9.44 million in ...

Though distinct from the Cybersecurity Framework, the RMF helps agencies manage their cybersecurity risks and put in place the right controls. Phil Goldstein is a former web editor of the CDW family ...

A ship captain will identify potential risks to their boat, cargo and crew, and put in place strategies to mitigate these risk factors. Risks vary from vessel to vessel; the captain of an enormous ...

A risk management policy statement is a tool used by companies and other organizations to identify and respond to risks in a way that minimizes their impact. Although a risk policy statement often ...

Many banks have a typically top-down perspective on enterprise risk management (ERM). This approach underestimates the importance of data, the core bottom-up enabler for ERM, and compromises the ...

The authors of the new Cyber Risk Management Program framework explain how it can set an organization up to better comply with SEC and other disclosure and reporting regulations. In a landmark ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who ...

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...