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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008.

Banking 98
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BCM Basics: Business Continuity vs. Business Resilience 

MHA Consulting

Those attacks, coupled with the 2008 financial meltdown, exposed the limits of an approach that was limited to protecting a handful of essential business processes. Other components include risk management, crisis management, operational resilience, supply chain resilience, and financial resilience, among others.

BCM 105
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Economic Impact of Russia Sanctions

Fusion Risk Management

The price per barrel of oil has increased to levels not seen since the financial crisis of 2008. Strengthen your third-party risk management program to ensure you have visibility into your business operations and potential impacts and continuously monitor your supply chain for sanctions to ensure you are able to operate lawfully.

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Looking Around the Corner: Why ESG Has Never Been More Important

LogisManager

Keep reading to learn why ESG has become more important than ever, why companies should care about it, the challenges businesses are facing when it comes to ESG (and how to address those challenges) and ultimately why taking an Enterprise Risk Management approach to implementing and managing your ESG strategy is critical for success.

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The Multiple Factors Leading to the Collapse of Silicon Valley Bank

Erwood Group

The bank’s leadership failed to implement effective risk management policies, which led to poor lending decisions. After the exit the risk committee doubled its meetings to 18, suggesting concern and knowledge of the bank’s position. Here are the multiple factors that led to the collapse of Silicon Valley Bank.

Banking 59
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State of the Nation - a UK Perspective on Covid-19

Emergency Planning

Since the start of the crisis, I have constantly affirmed that the key to understanding the effects of this pandemic is the UK Government's failure to give adequate weight to emergency planning and management (Alexander 2020a, 2020b). There were major exercises on pandemics in 2005, 2007 and 2016. Exercise Cygnus Report.

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Interpreting Covid-19 as a Disaster

Emergency Planning

Image: US National Institute of Allergy and Infectious Diseases In terms of its scope, Covid-19 is like no other disaster that has occurred in the last 100 years, since, in fact, the influenza pandemic of 1918-1920 killed more people than both world wars combined, and contributed to the end of the First World War. IRDR Report 2020-01.