This new paper describes how a company’s approach to four specific “leading practices” in cybersecurity can give both executives and the board of directors valuable insights on its cyber risk management strengths and weaknesses.
Governance and Risk Management
Strategic risk. Operational risk. Compliance risk. Financial risk. It may seem overwhelming, but smart leaders know risk and opportunity are two sides of the same coin. In today’s unpredictable and highly competitive business environment, it’s critical to effectively manage not only the risks that can threaten value — but also the risks that an enterprise must take to create value. To do this, leaders need to embed a thoughtful awareness of risk into the very fabric of the organization. People, processes and technology must all work together to help the enterprise stay in control of the risks it chooses to take.
At Deloitte, we help companies create a Risk Intelligent Enterprise™. One where the board sets the tone and direction for risk oversight; where management integrates risk considerations into strategic decision-making; where business units and functions incorporate risk-aware thinking into every action they undertake. That’s what we call Risk Intelligence, and it’s a powerful way to gain control of the spectrum of risks that any enterprise must face. Learn more about this practice.
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Explore Risk From Every Angle
Risk can be a maddeningly tough business management concept to pin down.Theoretically, everybody gets it. But practically? That’s a different story. That’s why we created the interactive Risk Intelligence prism and accompanying video – to help guide your thinking.
Deloitte Insights Video
Whistleblowing after Dodd-Frank: New risks, New responses
Tune in to learn how this new rule might affect your business.
Risky business: Is your CFO ready?
Chief financial officers (CFOs) are finding themselves labeled with a de facto title of chief risk officer. So what is a CFO to do?
Risk Intelligence: A board imperative
Discusses new theories about risk management and why it should be an imperative for every executive board.
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Featured Insights
* GRC: Governance, Risk & Compliance; ERM: Enterprise Risk Management; ICRM: Integrated Compliance and Risk Management
