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Risk Management Industry News for FCA Regulated Businesses

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incident management, Behavioural Risk

Workplace bullying – why CEOs need their risk managers

Following the much-publicised troubles at taxi app Uber, workplace bullying is again in the spotlight. At Uber, 20 staff were dismissed with dozens more disciplined and other complaints are still under investigation following accusations of...

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Risk Management, incident management, Behavioural Risk, Risk culture

The Wells Fargo farrago is a cautionary tale..

Taking corporate responsibility is hard - sometimes it’s much easier to pin difficulties on a scapegoat. Simply get rid of them and all will be well again. But, how often do problems in a major institution stem from just one bad guy or girl?

Risk...

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Risk Management, incident management, social engineering risk, fraud

Social engineering fraud a hot topic for risk managers

Impersonation for financial gain is nothing new, but companies of every description now face increasingly sophisticated fraudsters who are taking the crime to a whole new level. No wonder for risk managers that social engineering fraud is a hot topic.

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Risk Management, incident management, business decisions, Behavioural Risk, Risk culture

Is Business Culture a Risk Management Issue?

The behaviour of senior Bankers is in the news again this week. A BBC Panorama programme played secret recordings potentially implicating the Bank of England and others in Libor rate scandal.  

The programme suggests that this recording brings into...

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Risk Management, incident management, business strategy, business decisions

What the risk team knows that business leaders don’t…(and perhaps should?)

It’s a poetic notion. A butterfly flaps its wings in Brazil and sets off a series of atmospheric events that eventually trigger a tornado in Texas.

In fact it doesn’t matter how frantically a bug beats its wings in Rio: it’s never going to cause a...

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Risk Management, incident management, Change Management, Business Continuity Risk, Cyber security

Cyber-security – time to get proactive

The latest facts and figures around cyber security make alarming news. Big business or SME, it doesn’t matter, as attacks are indiscriminate and on the rise.

Last year, consultant PwC said cyber-crime was the fastest growing area of fraud. In 2014, it...

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