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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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Following the Great Recession, regulators began requiring enhanced disclosure about risk and corporate governance. 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. ” You can outsource the activity to the vendor but not the risk.

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