Baretzky & Partners leaders are available to provide investigation and consultations on the most relevant global business risks, cyber risks and global affairs. Baretzky & Partners also provides research that explores timely business issues and trends to mitigate any risks.
The AI Act, proposed by the European Commission in April 2021, represents one of the world’s first comprehensive legal frameworks for AI. This regulation aims to ensure that AI systems are safe, transparent, and respect fundamental rights, while also fostering innovation and competitiveness within the […]
NewsRroomNetwork information security risk assessment is a critical process that identifies, evaluates, and prioritizes risks associated with the information systems and networks within an organization. The key components and methodologies involved in this process include: 1. Asset Identification and Classification Components: This involves identifying all […]
NewsRroomAnti-Money Laundering (AML) regulations are vital in safeguarding the global financial system from the risks posed by illicit activities, such as money laundering, terrorism financing, and other financial crimes. These regulations, which have been increasingly harmonized across jurisdictions, play a critical role in risk management, […]
NewsRroomBy leveraging advanced technologies such as artificial intelligence (AI), machine learning (ML), and big data analytics, IRM systems can provide real-time insights and predictive analytics, enabling proactive risk management. Automation in IRM streamlines processes, reducing manual effort and human error. For example, automated risk assessment […]
NewsRroomIt ensures that an organization not only meets regulatory and contractual obligations but also maintains a robust security posture against evolving threats. SLAs define the expected service performance and reliability, encompassing uptime, response times, and issue resolution. Continuous monitoring involves tracking these metrics in real-time, […]
NewsRroomLack of Risk Assessment: When an organization fails to conduct regular risk assessments, it exposes itself to unforeseen threats. Proper identification and evaluation of risks are foundational to effective risk management.Inadequate Risk Policies: Without well-defined risk policies and procedures, staff may not understand how to […]
NewsRroomIn today’s dynamic business landscape, organizations face a plethora of risks that can impact their operations, reputation, and bottom line. Effective risk management is crucial for navigating these challenges, and the Risk Maturity Model (RMM) provides a structured framework for evaluating and enhancing an organization’s […]
NewsRroomThis process involves systematically identifying, assessing, and communicating potential risks that could impact the transaction or investment. To achieve this, several best practices should be followed. Firstly, comprehensive risk identification is essential. This involves scrutinizing all aspects of the target entity, including financial health, legal […]
NewsRroomCompanies face an array of risks, from cybersecurity threats and regulatory changes to operational disruptions and reputational damage. To navigate these challenges effectively, organizations must adopt comprehensive risk management frameworks that provide structured methodologies for identifying, assessing, managing, and monitoring risks. One of the most […]
NewsRroomThis process is integral to ensuring reliability, safety, and performance in various industries, such as aerospace, automotive, and healthcare. Failure Mode refers to the specific ways in which a system or component can fail. These can be design flaws, material defects, or operational errors. Identifying […]
NewsRroomUnlike traditional risk assessment methods, which often focus on predicting the likelihood and impact of specific risks, scenario analysis explores a wide range of plausible futures, considering both expected and unexpected developments. This method involves creating detailed narratives—scenarios—about how the future might unfold. These scenarios […]
NewsRroomA robust crisis plan encompasses several key elements: Risk Assessment: Identifying potential risks is the first step. This involves analyzing internal and external factors that could lead to a crisis, such as natural disasters, cyber-attacks, or operational failures. Regularly updating this assessment ensures emerging threats […]
NewsRroomIt involves the exchange of personal information by companies to third parties, often for marketing or analytical purposes. While this practice can drive economic benefits and personalized user experiences, it also introduces substantial privacy risks. One primary concern is the potential misuse of personal data. […]
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