Key takeaway — for each risk plan, risk managers should also have a crisis plan.
On 27 and 28 March 2019, at PwC’s Risk Summit in Boston, PwC senior leaders and consultants in the risk assurance and consulting practices shared with their clients and over three dozen industry analysts their vision of how digital technologies are transforming both risk management and business performance.
Reading time: 4 minutes 45 seconds Interest in the Ethics of AI, as reflected in Google Web Searches, has grown dramatically over the past couple of years. In the past week, many publications, including the New York Times, and Wall Street Journal have written about the Ethics of AI and applying ethical standards to real-life situations.
Details of the deal have not been announced but the transaction is expected to complete in the first half of 2019.
This is no longer science fiction. Retailers, such as Amazon (www.amazon.com) and Wal-Mart (www.walmart.com) strive to use technology to enhance and streamline their shoppers experience…
3 critical success factors for strategic risk management and 5 questions corporate directors should ask
he announcement from PG&E that the California utility will file for bankruptcy reminded me of a question posed a few years ago by the head of GM’s risk committee: “How do we manage strategic risks?”
Key takeaway Third party risk management is not just for suppliers, IT vendors and service providers. In many cases, subsidiaries or other organizations within your enterprise, and even well-known business customers should be brought into the third party management program. The problems at Deutsche Bank and Danske Bank reminded me of an inquiry I had with a CISO at a large high tech equipment manufacturer. We were discussing best practices in third party risk management. I asked him what types of companies he was monitoring and he told me they were subsidiaries. He was putting these subsidiaries through the same hoops as he would any other third party…