Building a Resilient Organisation
Sun TZU, in The Art of War writes that:
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”
This quotation highlights the importance of understanding our organisations and the environments in which we operate.
A Survey of Artificial Intelligence Risk Assessment Methodologies
Artificial Intelligence (AI) systems are increasingly being deployed in a wide range of applications. For many of these, a failure of the system would be embarrassing and inconvenient, but otherwise harmless. Failures in other applications, such as credit assessments, recruitment, medical diagnostics, (semi-)autonomous vehicles and
power grid load distribution systems, however, would have significant.
Assessment of Money Laundering, Terrorist Financing and Proliferation Financing Risk in the Banking Sector
The Prudential Authority (PA) of the South African Reserve Bank (SARB) is responsible for anti-money laundering and counter-financing of terrorism
(AML/CFT) supervision of banks, mutual banks and life insurers. As such, the PA
assesses the risks related to these aspects. It embarked on its second banking
sector risk assessment by surveying 34 banks in March 2021.
2023 Chief Risk Officer Survey – Navigation compounding Threats and Opportunities in a Fast Moving World
Volatile market conditions. Geopolitical instability. Rapid innovation and technological change. Increased business transformation and digitisation. Mounting compliance requirements. Stakeholder attention on environmental and social issues. Across industries, organisations are facing more threats and operating in an increasingly complex risk landscape.
Cyber Risk Survey – South Africa – 2023
The survey offers commentary on the future direction of cybersecurity given the rapidly evolving manner of the risk, it’s solutions and legislative policies, to provide forward looking guidance to organisations. With the changes to the velocity and severity of the risk drivers associated with cyber, organisations should consider the following:
1.Is there sufficient awareness of the risk, from a governance perspective?
2.Is there sufficient protection against it, from a business resilience perspective?
3.Is there sufficient balance sheet protection?
Emerging Risks Key Findings – 2023 Survey
The 16th Survey of Emerging Risks follows trends about risks that go beyond the normal planning cycle, using the wisdom of crowds concept to apply foresight to potential future scenarios. It is sponsored by the Casualty Actuarial Society (CAS) and the Society of Actuaries (SOA). Questions are both quantitative and qualitative, encouraging consistency from year to year by maintaining response options and showing how risk management practices are evolving. The survey results, especially the comments, give risk managers a way to network anonymously with peers and how they think about risk.
Emerging Risks Key Findings – 2024 Survey
The 17th Survey of Emerging Risks compiles trends about risks that extend longer than a time horizon used for the normal planning cycle, using the foresight of risk managers to identify relative changes to responses across consistent topics. It is sponsored by the Casualty Actuarial Society (CAS) and the Society of Actuaries (SOA). Questions are both quantitative and qualitative, maintaining response options and showing how risk management practices are evolving. The survey results, especially the comments, provide risk managers a way to network with peers.
FERMA European Risk Manager Survey Report
We are pleased to present the results of the 2022 European Risk Manager Survey. The survey has now taken place
every other year for 20 years. It represents the most comprehensive picture of views of professional risk managers
across Europe.
Top Risks Survey – 2024 to 2034
The ever-changing risk landscape and the overall perceived magnitude and severity of risks should prompt boards and executives to scrutinise closely the approaches they use to remain focused on emerging risk issues and to integrate those insights into strategic decision-making.
The Resilience Revolution is Here – PwC’s Global Crisis and Resilience Survey 2023
Business leaders face an unprecedented level of disruption and uncertainty in today’s rapidly changing environment. From geopolitical instability and the lingering COVID-19 pandemic to climate crises, cyber threats and faltering supply chains – a multitude of external macro forces are converging on the market.