Corruption within the Organization: the Importance of Anti-Corruption Compliance

Corruption within the Organization: the Importance of Anti-Corruption Compliance The scandal in FIFA recently is quite a shocking news for the global citizens. The arrests of several senior FIFA officials are linked with the bribery offences. Unfortunately, since many years ago FIFA has faced rumors of corruption; there are indications of racketeering, wire fraud, and money laundering. This embarrassing scandal has become a wakeup call especially for organizations anywhere about the importance of anti-corruption compliance.

Read more

Corporate Governance Best Practices that are Beneficial to Every Organization

Corporate Governance Best Practices that are Beneficial to Every Organization Many people are with the view that only big established organizations or public companies with a long list of shareholders need to care about, or will be favored if corporate governance practices are implemented. The truth remains that every company, public and private, small and big, established or new startup, compete in a society where good governance is vital for business. There is no general size; nevertheless, a governance practice of the right size will cause a positive impact on the long-term viability and performance of every organization.

Read more

Climate Change and Natural Disasters within Corporate Risk Management Scheme

Climate Change and Natural Disasters within Corporate Risk Management Scheme In the past, companies didn’t seem to care so much about the effect of climate change or natural catastrophe to their business and operations, but as time goes by, it is proven that not only natural disasters or climatic change can affect companies in operation, they are also proven to create another economic and financial burden for the companies; which can affect the longevity and performance of the companies themselves.

Read more

ERM Practices in Nigeria

ERM Practices in Nigeria By: Samuel Temitope Apanisile B.Sc., MFP, CIPM, ACIMFA, ACCB, ERMCP National Coordinator of Nigeria – ERMA Global nigeria@erm-academy.org Nigeria is not exempted from the current volatility, uncertainty, complexity and ambiguity in the world today. It needs a holistic and structured approach of running and managing ventures (public agencies, private corporations and their projects).

Read more

The Importance of Risk Management for Data Protection Practice

The Importance of Risk Management for Data Protection Practice Data protection relied on a crucial instrument, which is risk management for meeting data protection laws. Risk management can also make sure for a decent data process and protect individuals’ rights and interests. To associate the role of risk management in data protection, there are three main focuses such as: Identifying and evaluating harms and another negative impacts process. Mitigating aspects that barely can be justified by offered benefits and other positive impacts. Obtaining and managing the risks remained.

Read more

Growing Demand for Enterprise Risk Management (ERM) Professionals

Growing Demand for Enterprise Risk Management (ERM) Professionals Enterprise Risk Management is becoming established as part of the management of organizations covering the methods and processes used by firms to identify, monitor, evaluate, and manage risks within their business. And it has gained greater prominence through legislation such as Sarbanes-Oxley, and its inclusion in ratings agencies’ credit assessments. Apart from being a matter of compliance, it also offers competitive advantage to firms practicing it by enabling them to manage not just their capital, but their entire business, more effectively.

Read more

Disruptive Technology Increases Cyber Security Threats: Research

Disruptive Technology Increases Cyber Security Threats: Research Wipro through its research has shown that disruptive technology had caused a significant rise in cyber security threats globally. According to the firm’s maiden studyin 2017 -State of Cyber Security Report,in 2016, there was a 53.6% increase in the number of records stolen globally from the 2015 figure as a result of cyber security domain disruptions.

Read more