The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, has added a supplement to its widely used Enterprise Risk Management Framework, including detailed examples of ...

High-stakes industries like aviation, healthcare, and nuclear power operate with minimal room for error. Their risk ...

Another significant reference is the COSO ERM (Enterprise Risk Management) framework, developed by the Committee of ...

The National Institute of Standards and Technology (NIST) Artificial Intelligence Risk Management Framework, published in January 2023, was designed to equip organizations with an approach that ...

What Is a Risk Management Framework (RMF)? All companies face risks. Without taking some degree of risk, they may have little chance of staying competitive. On the flip side, taking too much risk can ...

Corporate scandals and failures are ever-present. The last few years have provided us with examples from healthcare providers, life science, banking, cryptocurrency, and automotive manufacturing. With ...

A ship captain will identify potential risks to their boat, cargo and crew, and put in place strategies to mitigate these risk factors. Risks vary from vessel to vessel; the captain of an enormous ...

Risk management is the process of identifying, analyzing, and mitigating uncertainties and threats that can harm your company or organization. No business venture or organizational action can ...

Risk management should not just be a checklist to be compliant. Rather, it should be a source of value, inextricably tied to your business strategy. Purpose-driven and customer-centric risk management ...

Though distinct from the Cybersecurity Framework, the RMF helps agencies manage their cybersecurity risks and put in place the right controls. Phil Goldstein is a former web editor of the CDW family ...

NIST's CSF, used with other guidance, can help map risk to actual threats and better comply with security mandates such as the U.S.'s cybersecurity executive order. The U.S. federal government has ...

Financial risk is always on the radar of the C‑suite. Executives such as CEOs and CFOs know that making smart, proactive decisions about money isn’t just about protecting the bottom line — it’s about ...