By Adrianne Appel2023-10-25T18:04:00
Mounting compliance requirements and technological innovations have chief risk officers (CROs) facing more complex risk environments, according to a new report.
A survey of 390 CROs conducted by KPMG and Forbes Insight found those in the position feel pressure in five key areas: de-risking, growth and strategy, regulatory compliance, effectiveness and efficiency, and costs.
The survey took place from July to September and was limited to CROs representing companies across six industry sectors. Respondents worked for companies with at least $4 billion in annual sales or $25 billion in assets under management. The results of the survey were published Wednesday.
2023-11-15T20:20:00Z By Adrianne Appel
Taking risk mitigation further and understanding your third parties and their risks can create value for your organization, practitioners discussed as part of a panel at CW’s virtual TPRM and Oversight Summit.
2023-10-24T14:00:00Z By Neil Hodge
Companies are still struggling to report meaningfully on societal risks as part of their efforts to meet demands for better environmental, social, and governance disclosures, experts discussed at Compliance Week’s Europe conference in London.
2023-10-19T20:59:00Z By Adrianne Appel
The finance and real estate industries are at higher risk of experiencing a high-cost material cybersecurity incident, compared to other sectors, according to new research from risk modeling firm Kovrr based off data from U.S. Fortune 1,000 companies.
2025-09-25T20:36:00Z By Jaclyn Jaeger
New regulations, changing consumer demands, and global supply chain disruptions – from cost-of-goods inflation to tariffs to raw material shortages, and more – are just a few top challenges reshaping the operations of food and beverage industry today. “These challenges are no longer just logistical—they implicate sourcing risk, contract performance, ...
2025-09-17T19:03:00Z By Ruth Prickett
More than half of all compliance teams are “actively using” or “piloting” AI applications, according to a Moody’s report. While most are focusing on streamlining routine tasks, some are developing AI agents and asking vital questions about AI decision-making.
2025-08-06T14:00:00Z By Aaron Nicodemus
The Trump administration’s designation of Mexican cartels as terrorist organizations in February has made doing business in Mexico riskier than ever before for corporations.
Site powered by Webvision Cloud