Remove Continual Improvement Remove Government Remove Mitigation Remove Strategic
article thumbnail

B.C.’s New Bill 31 – Emergency and Disaster Management Act

CCEM Strategies

continues to respond to and begins recovery from the most destructive and most expensive[2] wildfire season in provincial history. s Emergency Management Legislation Has Arrived Marking a historic moment of modernization for emergency and disaster management governance in B.C. This comes as the Province of B.C. In 2019, B.C.

article thumbnail

5 Steps towards an Actionable Risk Appetite

LogisManager

As a governance professional, it’s your job to make sure these decisions are directly in line with the company’s unique goals and objectives. This means that process owners must evaluate their assessments and, if a risk exceeds a set tolerance, adjust mitigation activities, procedures, or controls to get within the tolerance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is Reputational Risk For Banks?

LogisManager

Furthermore, the way in which you respond to any of these incidents speaks volumes about your business; no matter what the manifestation of risk, the impact to your company can be mitigated through proper risk management practices. These insights help you continually improve your reputation. Fraud & corruption.

Banking 52
article thumbnail

A Guide to Completing an Internal Audit for Compliance Management

Reciprocity

Internal audits assess a company’s internal controls, including its governance, compliance, security, and accounting processes. Regular internal audits help your organization to evaluate and improve the effectiveness of risk management, control, and governance processes. Types of Internal Audits.

Audit 98
article thumbnail

Leveraging Technology to Foster Effective Compliance Programs

Fusion Risk Management

Compliance programs are not meant to eliminate all risk ; however, they do serve as a mechanism to help organizations and their stakeholders understand how to proactively address issues and mitigate the disruptive impact when they arise. All effective programs start with a governance model.

article thumbnail

Data Privacy Week 2024: The Definitive Roundup of Expert Quotes

Solutions Review

Data Privacy Week 2024: Expert Insights Sam Gupta, Founder and CEO at ElevatIQ “Technologies such as Palantir are already changing the game of data privacy, especially with government organizations where individual-centric privacy matters. Visibility of this magnitude wasn’t possible before due to technology limitations.

article thumbnail

BBVA: What it Takes to Secure Tomorrow

FS-ISAC

As we operate across multiple geographies, we see a need for alignment between different regulators and governments. Google is a strategic partner in our journey towards becoming a data-driven bank, with the cloud at the core of this strategy. How do you use machine learning to mitigate cybersecurity threats?