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Risk Mitigation 2017-08-18T00:40:31+00:00

Failure to mitigate risk can have devastating effects on your organization. This section includes articles, videos, whitepapers and more from Ethisphere and other thought leaders that will help you navigate the complex area of risk mitigation.

RepRisk Special Report: Forced Labor

By: RepRisk

The International Labour Organization (ILO) defines the term “forced labor” as: “situations in which persons are coerced to work through the use of violence or intimidation, or by subtler means such as accumulated debt, retention Read More

By | September 1st, 2016|Risk Mitigation|

Mitigating Risk in Healthcare

By | June 17th, 2015|Categories: Ethics & Compliance Programs, Ethisphere Magazine, Privacy & Cyber Security, Risk Mitigation|Tags: |

As an industry, healthcare is fraught with risks. Every therapeutic decision has a ripple effect on an individual’s life and livelihood, and there are risks associated with negative outcomes. Providers who make the clinical decisions are exposed to liability risk.

The Rising Risk Tide

By | June 17th, 2015|Categories: Anti-Corruption & Bribery, Ethisphere Magazine, Risk Mitigation|Tags: |

Compliance professionals have long known that doing business with state-owned enterprises poses a potential risk under the Foreign Corrupt Practices Act (FCPA). Under the FCPA, the term “foreign official” includes officers or employees of a department, agency, or instrumentality of a foreign government.

Mapping Water Risk

By | June 17th, 2015|Categories: Board Oversight & Governance, Ethisphere Magazine, Reputation, Risk Mitigation|Tags: |

Imagine you’re at a meeting and the topic of risk arises. You would naturally expect data security, labor, or safety to be among the first topics to come to mind. While those are top priorities at Starwood Hotels & Resorts Worldwide, I’m finding it harder and harder to ignore a risk that is far more basic. Water.

Brazil’s Internet Governance and Data Protection Legislation

By | June 17th, 2015|Categories: Anti-Corruption & Bribery, Ethisphere Magazine, Privacy & Cyber Security, Risk Mitigation|Tags: |

In the past year or so, Brazil has taken significant steps towards enacting a comprehensive legal framework governing the use of the Internet and the protection of personal data. Many questions remain to be answered about the final form of the contemplated legislation and its regulations, and the impact it will have both within Brazil and on organizations or businesses operating in Brazil; however, it is clear that this set of new laws is an important development in Latin America and in the area of privacy law.

A Perspective on Corporate Risk and Culture

By | June 17th, 2015|Categories: Corporate Culture, Ethisphere Magazine, Risk Mitigation|Tags: |

I encountered an organizational approach to risk using probability and statistics many years ago as the newly appointed Director of Inspection and Enforcement at the US Nuclear Regulatory Commission (NRC). I read a report by a panel of experts on nuclear power plant safety which concluded that US power plants were likely to be very safe due to conservative design and redundancy.

The Path to Risk Advantage

By | May 19th, 2015|Categories: Board Oversight & Governance, Ethics & Compliance Programs, Ethisphere Magazine, Risk Mitigation|Tags: |

Risk management is high on the C-suite agenda, consistently ranked as a top priority by participants in PwC’s annual Global CEO Survey in recent years. In response to increasing regulatory scrutiny, business complexity, and a growing list of high-profile security breaches, many companies are striving to strengthen their risk management capabilities and create a supportive internal culture—one based on a foundation of ethics and the right risk mindset.