written by Juan Pablo Calle, On October 06, 2022
One of the oldest banks in the world and the largest in the United States has been involved in various legal proceedings due to its poor risk management. For financial institutions, reputation is one of the most important factors, because …
Read morewritten by Juan Pablo Calle, On September 19, 2022
Risk identification is one of the most important stages of management. For this reason, it is essential to implement tools and methods to identify threats in time. A manager has several resources to carry out this task, such as through …
Read morewritten by Juan Pablo Calle, On July 29, 2022
A management process is effective only if each risk identified is prioritized and properly classified. Here are the steps to take so. Recognize the risks: Before prioritizing risks, they have to be identified. Typically, risk managers create a list of …
Read morewritten by Deicy Pareja, On September 23, 2020
Technology evolves to give more value to users and modify the physical or virtual environment of people, but there is concern that cybercrime also advances for the 'kidnapping' or theft of information, massive loss of data, as well as sabotage …
Read morewritten by Maria Camila Arévalo, On September 02, 2020
This is one of the most common financial risks that can arise since it is related to the variation of a price or market rate. Next, we will give you its definition and the types that exist. What is market …
Read morewritten by Juan Pablo Calle, On August 20, 2020
Risk appetite refers to the amount of risk that an organization is willing to take in order to achieve its strategic objectives. Find out why it is important here. In risk management, risk appetite is the first thing to be …
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