CCI's weekly round-up of GRC news & views
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April 29, 2021

Imagine if there were an awards show for risk. Of course, due to the pandemic, the show would have to be virtual. But the pinnacle award would be for the Most Disastrous Risk of the Year.

Hands down, the award for 2020 would go to location risk. In case you aren’t familiar with location risk’s body of work, it includes events specific to a geographical location: natural disasters such as hurricanes, earthquakes and disease outbreaks; social unrest including riots and strikes; political instability resulting from high-level corruption or a coup; terror attacks, whether physical or cyber; and macroeconomic conditions like high inflation and high unemployment….keep reading


The Pandemic and the FFCRA threw a wrench into existing employee leave policies. Now with states and municipalities following suit, companies need to get serious about revamping how they handle employee absences.

Three Priorities for Forward-Thinking Boards

The COVID-19 pandemic is still a major concern. But as vaccination efforts continue, now is the time to turn to the future. Boards need to address issues that cropped up during 2020 and prepare for what comes next. Climate Change, D&I and Future Crisis Management Should Be Top of Mind

Biden Administration Ratchets Up Russia Sanctions

The Biden Administration announced new and significant trade sanctions against Russia. The action was long expected, given the Biden Administration’s criticism of Russia, and it was a comprehensive response to Russia’s interference in the 2020 U.S. election, its SolarWinds cyberattack and its ongoing occupation of Crimea and threatening addition of troops along the Ukraine border.

Hackers Are Winning the Cyber War, Largely Because They Target People

Organizations often think about cyber defenses in terms of hardware upgrades, software updates and cybersecurity tools. Boards want something tangible when they allocate resources. But the truth is that people are by far the weakest link for most companies. Hacking complex systems is a daunting task, and there’s simply no need when threat actors can directly target employees and use social engineering techniques to persuade them to bypass security measures.


This Week in RegTech: Empyrean, Securrency, Signal Advisors and More

The end of April saw a flurry of funding rounds. Most were closed by companies providing regulatory tools and services to the financial industry. In addition, the Finastra network landed two big contracts.

There is a cycle that repeats itself in history. A small group will decry a societal problem, whether it be child labor, racial discrimination, or sustainability. Their arguments will resonate with a larger group, but little will happen at first because the problem benefits the powerful. With time, as more supporters join the ranks, public policy evolves, and laws are adopted to force even the powerful to change their ways. Meanwhile, those who agreed to change before they were forced to do it by law find themselves at an advantage. Read More...


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