White Papers for Gramm Leach Bliley Act (GLBA)

Practical Guidance: Seven Steps for Effective Enterprise Risk Management

Paisely

Not so long ago, risk management was considered a niche specialty, the province of academics and consultants, and not a priority for mainstream businesses. For many firms, the investment in enterprise risk management is the direct result of a significant business failure. For other organizations, the heightened focus on enterprise risk management is the direct result of the Sarbanes-Oxley Act which places greater responsibility on the Board of Directors for managing an organization’s risks.

Regardless of the driver, the recognition that business success depends on striking a balance between enhancing profits and managing risk and the investment in the discipline of enterprise risk management is now top of mind for most business leaders.

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