Enterprise Risk Management Program: Has the board established a board meeting attendance policy?

You get the board composition and structure right by having well-informed people with diverse backgrounds, relevant experience, and independence from management, as the role of risk management has increased, some large organizations have begun implementing large scale, organization wide programs known as enterprise risk management, moreover, that focus has guided Read more…

Enterprise Risk Management Program: How would a loss from a key risk affect incentive compensation of top management and planning/budgeting?

Contributes to the world by designing and creating Enterprise Risk Management and Claim Settlement Products and Services, a key aspect of senior management leadership in risk management is to identify and deploy a governance model and management system that fosters collaboration and transparency in managing risk across the entire enterprise, Read more…

Patch Management: Are patches applied to each livescan device through an automated process?

Vulnerability, patch management policies and procedures shall be established and mechanism implemented for vulnerability and patch management, ensuring that application, system, and network device vulnerabilities are evaluated and vendor-supplied security patches applied in a timely manner taking a risk-based approach for prioritizing critical patches, continuous availability leads to the inability Read more…

Risk Decisions: How do paradigm shifts in risk management ( as changes in emphasis from controlling individual errors to engineering safety into systems) occur in particular technical domains?

Management philosophies, approaches, and techniques are developed during simpler times, emphasis is given to those specific areas that the studies have been shown to have a high risk factor, particularly, insufficient risk analysis often leads to software system design defects and system failures. Real Management There is now a growing Read more…