Comment

Effective Risk Governance

Risk Culture: The invisible Power?

Margarita Chalmer [Hapag-Lloyd]

Dave Ulrich who has published a number of books about the human aspects of a successful business [e.g. Ulrich 2015], once suggested that investors and auditors need to monitor and assess the culture of the company to evaluate the quality of a potential investment, thus, the…


Interview

Cyber security

Risk-based approach instead of checklists

RiskNET [Editor-in-chief]

Cyber security is an ongoing issue in all areas, including the banking world. How are things looking in the industry? What role do analysis methods play? And where do people fit into all the…

Study

Global Cyber Risk Perception Survey

Challenges for Managing Cybersecurity Risk

RiskNET [Editor-in-chief]

Technology is dramatically transforming the global business environment, with continual advances in areas ranging from artificial intelligence to the Internet of Things (IoT), to data…

Interview

Forward-looking real time intelligence and Predictive Analysis

AI creates intelligent data

RiskNET [Editor-in-chief]

There is a lot of talk about AI or artificial intelligence. But where are we currently with the forward-looking technology and how can it make a real breakthrough? FIRM spoke to Heiner Pollert,…

Study

Engineering and construction projects

Defective product and quality control losses on the rise

RiskNET [Editor-in-chief]

Large engineering and construction projects have changed beyond recognition in recent decades. Whether it is an airport, a power plant or a car manufacturing complex, sites are now much larger,…

Comment

Project risk management

Risks of international project insurance from a German perspective

Roland Gerds

The growing globalization with more than 200 countries worldwide and the steadily increasing participation of small and medium-sized enterprises requires that laws, guidelines and jurisdictions…

News

Safer financial system

More capital = end of financial crises

RiskNET [Editor-in-chief]

The financial system now is safer than it was before the financial crisis in 2008 and that is almost entirely a result of better-capitalized banks, argued John Cochrane, Senior Fellow of Hoover…

Study

Interdisciplinary study

A Positive Assessment for Reforms of Financial Market Regulation

RiskNET [Editor-in-chief]

The regulatory measures following the financial crisis have made credit institutions and the German banking sector, in general, more stable. This is a result of a study by the LOEWE Centre SAFE…

Study

Annual Risk Report

Top 10 Supply Chain Risks for 2019

RiskNET [Editor-in-chief]

Supply chain risk management company Resilience360 has released its first annual Risk Report, which outlines the Top 10 Supply Chain Risks for 2019 – a summary of threats that deserve particular…

Interview

Cyber crime, cyber war and cyber terrorism

Increasing professionalisation of cyber criminals

RiskNET [Editor-in-chief]

Cyber attacks are increasing and becoming more sophisticated, costing companies billions. The range of risks is huge, covering everything from cyber crime to cyber war to cyber terrorism and…

Interview

Artificial intelligence

The biggest risk is reducing people to figures

RiskNET [Editor-in-chief]

Artificial intelligence, or AI, is the subject of constant discussion by politicians, business people and academics. In their different disciplines, the latter studies AI, the future of human…

News

Natural Catastrophe Preparedness

Master the Disaster

RiskNET [Editor-in-chief]

When natural disaster catches a company under-prepared, the chief financial officer is increasingly on the hot seat to break the bad financial news to shareholders and investors.

That according…

Study

Global Insolvency Outlook 2019

Closed monitoring of the political and policy-related risks

RiskNET [Editor-in-chief]

In 2018, global insolvencies confirmed their upward trend which started in 2017 after seven consecutive years of sizable declines. Indeed, the Global Insolvency Index of Euler Hermes which…

Study

The Global Risks Report 2019

Growing number of complex and interconnected risks

RiskNET [Editor-in-chief]

The world's ability to foster collective action in the face of urgent major crises has reached crisis levels, with worsening international relations hindering action across a growing array of…

Interview

Economics and Neuroscience

Emotionality and risk

RiskNET [Editor-in-chief]

Almost every business decision is based on weighing up opportunities and risks. However, our brains tend to organise sensory impressions and information as simply and clearly as possible. We try…

News

Singapore Fintech Festival 2018

The missed opportunity of digitization

Andreas Eicher [RiskNET]

It is hot and humid in Singapore's November and almost every afternoon the rain breaks its way. Then it almost seems as if the sky wants to cry. A visit to the "Singapore Fintech Festival 2018"…

News

The Canadian Property Market

A holistic approach to real estate risk management

Volker Liermann | Nikolas Viets | Stefan Grossmann

Unprecedented low interest rates, booming asset prices and the ever increasing challenge to remain profitable have led financial institutions in many parts of the world, and in Canada in…

Comment

Credit risk management, digitalization and cost transformation

A way out of the strategic zero interest trap?

Markus Krall

The European Central Bank’s attempt to utilise all available monetary policy means to force reflation is having a significant impact on the banking industry. The flat zero interest curve is…

Study

Future Outlook and Emerging Risks

Artificial Intelligence will bring new benefits and risks

RiskNET [Editor-in-chief]

Artificial Intelligence (AI) refers to the ability of a computer program to think and learn like a human and its snowballing impact on society is undeniable. AI applications already pervade many…