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Failure in Risk Management: The Turbulent Times of Boeing Airlines

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Boeing Airlines finds itself amidst a storm of legal challenges, grappling with a series of incidents highlighting systemic issues in its risk management practices. Public trust in Boeing has waned, with travelers actively avoiding Boeing flights, opting for alternatives, or abstaining from air travel altogether.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

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For example, SVB had a Moody’s A1 issuer rating and KPMG signed off on SVB’s bank’s audit just 14 days before it declared bankruptcy. Their opinions, such as “Audit Opinions” and “Credit Ratings,” are based on the information provided to them, and they cannot be held liable for errors and omissions.

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