Emerging risks are colliding with emerging technology.
Adapting to the increasing speed and complexity of risk was a common theme throughout the Compliance Week West conference earlier this month in Palo Alto, Calif. While evolving technology was touted as part of the solution, it was also discussed as having the potential to create new problems.
Norman Marks is vice president of internal audit for SAP, and the company's “evangelist” for risk management, compliance, and the “value of information.” He said the way companies approach risk must evolve and no longer be thought of as “insurance.” The value of risk management is that ...