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Breaking Risk Management Down to Manageable Size

Richard M. Steinberg | July 14, 2015

We’ve all heard what executives say after their companies suffered a significant failure, exclaiming that they’re now taking action to prevent such occurrences in the future:

  • Target recently announced it promised to enhance protection of customer data. It appointed its first chief information security officer and said it is establishing a protocol for responding to online security threats and will provide employee training on data security.
  • Wells Fargo said it had implemented significant changes to its mortgage servicing operations to correct problems that surfaced...
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