In light of the 2009 outlook and the fact that Operational Risk is now a much greater priority, here are vital areas to focus on for the New Year. As restructuring, downsizing, layoffs and overall...

Operational Risk Management...

One only has to look a few layers deep into the corporate hierarchy, to see the root cause of why Siemens AG violated the Foreign Corrupt Practices Act (FCPA). At a hearing before U.S. District...

Operational Risk Management...

In the new age of unreason, Charles Handy the author of The Age of Unreason would say that discontinuous change is upon us. He would say that we need to outsource everything that is not a core...

Operational Risk Management...

Just when you think you have avoided the major risk of the credit crisis, HSBC may have been one of many banks exposed to the Bernard Madoff "tsunami of fraud". Banks and investment funds across the...

Operational Risk Management...

The root cause of the safety and security threat to corporate personnel and assets can be traced back to an identity of someone. It can be said that protective intelligence utilizing the proper...

Operational Risk Management...

A few years ago, Randy Myers article in Corporate Board Member Magazine discussed a Top Ten List for the Board of Directors. In light of the current state of corporate performance, we would like to...

Operational Risk Management...

Corporations will continue to be responsible for the criminal behavior and actions of their employees, 3rd party suppliers and other contractors for at least the near term. In a case that has the...

Operational Risk Management...

How does "False Information" impact the risk to your organization? Decisions based upon faulty or inaccurate information is the root of many of the systemic failures of catastrophic history. The...

Operational Risk Management...

As General Counsel are you keeping up with the latest technology being deployed in your enterprise? Do any of your employees use Twitter? What about your "Generation Y" and the use of P2P file...

Operational Risk Management...

The Operational Risk threat matrix from "Advance Fee Fraud", "Nigerian Letter (419) Fraud, Foreign Lottery/Sweepstakes Fraud and "Overpayment Fraud" is still growing exponentially. During our...

Operational Risk Management...

Travel risk to corporate executives is on the rise. Even if you are not an executive who can afford the services of personal body guards and armored cars, there are some prudent ways to mitigate the...

Operational Risk Management...

Reputation risk is becoming more of a topic of discussion these days. The loss of reputation results in several outcomes both economic and personal. The fact is that most of the time organizations...

Operational Risk Management...

What is on the mind of GCs in the United States and United Kingdom? What are they saying about the costs of litigation, labor and employment, the financial/subprime crisis, regulatory investigations...

Operational Risk Management...

Modern Day Operational Risk Management, requires a multi-skilled and versatile individual. Someone who understands the difference between "Information Warfare" and "Cyberterrorism." And if you were...

Operational Risk Management...

A few years ago there was an anonymous posting on CSO Online about "Doing the Right Thing". It could only be about the rules and policies set down by the ethics committee. Right? "Directors and...

Operational Risk Management...

Intellectual property theft, corporate espionage, transnational economic crime and the Foreign Corrupt Practices Act (FCPA) are on collision course with international 21st Century investigators. New...

Operational Risk Management...

Remote Digital Forensics is quickly migrating into a vast science that requires a sound combination of both legal and technical expertise. The EDD process has been helpful in educating the...

Operational Risk Management...

In a July 2008 a global Economist Intelligence Unit survey; 71% of the financial services executives admitted that their Enterprise Risk Management (ERM) strategy has not been fully implemented. 59%...

Operational Risk Management...

The "Wall Street to Main Street" sound bytes are coming fast and furious on our multiple channels of media. Attacks on the US Embassy in Yemen and the Marriott hotel in Pakistan provide us with the...

Operational Risk Management...

As the headlines continue to shout for more oversight, regulation and legal actions in the aftermath of chaos in global financial markets; the corporate investigations and security departments are at...

Operational Risk Management...