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

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For instance, banks and insurance carriers with robust ERM programs realize that investment research consultants and credit rating agencies, although they may have a relatively small spend, can have a significant impact on their investment portfolios if conflicts of interest, bias, or fraud go undetected.

Banking 98
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The Outrage or Lack Thereof: Lessons Learned from the CrowdStrike Outage

Fusion Risk Management

The three largest airlines in the world temporarily had to ground their fleets, but only one stood out a week later as still struggling to get back up and running – and taking a massive financial loss whilst its CEO attended the Olympic Games 6. They also own all of the downside though and all of the risk – including third-party risk.

Outage 52