Skye Bank wins ‘Best Bank in risk management’

Skye Bank Plc has won the “Best Bank in Nigeria in Risk Management” in recognition of the bank’s strides in strengthening its risk management framework and system. The bank won the award at the recent ‘Nigerian Risk Awards’. The Nigerian Risk Awards (NRAs) was conceived by Conrad Clark Nigeria Limited in collaboration with Business Day and the UK Institute of Risk Management. A statement from the bank noted that the…

Risk management – fed up with compliance yet?

Daniels Ruth Daniels, general counsel, CPA Global: Being able to effectively identify and manage risk and, importantly, determine the organisation’s appetite for risk. People think of risk management as putting a straitjacket on the business: it’s not. It’s about ensuring a company is best placed to succeed and maximise opportunities, and that it is not prevented from doing so because it has failed to identify business, market, or legal and…

Symantec and Deloitte establish Cyber Security Alliance to include Middle East

Symantec Corp. in alliance with Deloitte announced today an innovative cyber threat vulnerability management service. The integrated offering will pair Symantec’s cyber intelligence and information protection technologies with Deloitte’s consulting services to help businesses address concerns around cyber security and information protection. The alliance will focus on growth markets across EMEA, including Middle East as a priority region given it is a hub of targeted cyber crime activity. The emergence…

Enterprise Governance, Risk and Compliance Market – Forecasts and Analysis (2013-2018)

Enterprise Governance, Risk and Compliance Market [by Solutions (Compliance Management, Audit Management, Risk Management, Policy Management, Incident Management, Financial Controls Management)] – Market Forecasts and Analysis (2013-2018) Enterprise GRC (Governance, Risk Management and Compliance) is the umbrella term that covers an organization’s approach across these three areas. GRC typically encompasses activities such as corporate governance, enterprise risk management and corporate compliance with applicable laws and regulations. Enterprise governance, risk management…

Thomson Reuters: Corporate boards exposed to cybersecurity risk

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, released its board governance survey for 2014, which shows that despite a slight decline in the amount of board information being produced each year, corporate boards are increasingly exposed to cybersecurity risk. Boards continue to communicate through unsecure means, and have minimal measures in place to prevent a security breach. The survey also shows that one in…