5 Risk Management Failures of the Galactic Empire
May the 4th be with you! If you’re a fan, you know what that means. It’s time to celebrate the only trilogy (ahem, saga) that truly matters: STAR WARS! So put on your Wookiee mask or grab your lightsaber and enjoy this journey through the risk management failures of the Galactic Empire—and how you can learn from them to ensure comprehensive enterprise risk management at your financial institution.
Pandemic Planning: 10 Questions to Ask Your Vendors About Coronavirus Preparedness
Experts agree that it’s not a matter of if coronavirus is going to impact your business—it’s a matter of when. As COVID-19 spreads across the country at an alarming pace, creating panic, quarantines, and serious health risks, it’s important to make sure your financial institution is doing everything it can to limit the risks the virus poses.
UDAAP Compliance: Defining Unfair, Deceptive, & Abusive Acts and Practices
UDAAP is an important area of focus for compliance officers and financial institutions, and continues to make headlines. One of the most challenging areas is how to define unfair, deceptive, and abusive acts and practices for UDAAP compliance. If that's a challenge you're facing, this post is for you! In this post, you'll learn how to define UDAAP, and a few best practices for managing your UDAAP compliance risk.
Contingency Planning Definition
All businesses are vulnerable to some amount of risk. Contingency planning can be effective in mitigating these risks.