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.
Here are key steps to effectively manage and mitigate compliance risk:Establish a Strong Compliance Program: Developing a comprehensive compliance program is essential. This includes creating policies and procedures that align with relevant laws and regulations. The program should be tailored to the specific needs and […]
NewsRroomIn an increasingly interconnected world, understanding geopolitics and geostrategy has become indispensable for effectively managing geopolitical risks. Geopolitics refers to the influence of geographic factors on international politics and relations, while geostrategy is the practical application of this understanding to achieve national or organizational goals. […]
NewsRroomUnlike traditional risk management, which often operates in silos—addressing risks within specific departments or areas—IRM provides a comprehensive, organization-wide view of risks, ensuring that they are managed in a coordinated and consistent manner. At the core of IRM is the understanding that risks are interconnected. […]
NewsRroomRisk management primarily focuses on identifying, assessing, and mitigating risks that can disrupt operations or cause harm. It involves systematic processes to understand potential threats and implement measures to minimize their impact. Resilience management, on the other hand, emphasizes the capacity of an organization to […]
NewsRroomIt shapes how risks are recognized, assessed, and addressed. A robust risk culture ensures that risk management is an integral part of the organizational fabric, influencing decision-making at all levels. The foundation of a strong risk culture lies in leadership commitment. Leaders set the tone […]
NewsRroomEffective malware prevention encompasses several strategies and technologies, each targeting different stages of a potential attack. First and foremost, robust antivirus and anti-malware software are essential. These tools detect and neutralize malware before it can infiltrate systems. Regular updates ensure they can recognize the latest […]
NewsRroomKYC involves verifying the identity, suitability, and risks associated with a business relationship. The primary importance of KYC in AML is its role in preventing financial crimes, including money laundering and terrorist financing. By ensuring that financial institutions know who their customers are, they can […]
NewsRroomThe primary goal is to reduce the likelihood that vulnerabilities will be exploited, thereby minimizing potential damage to an organization’s assets and reputation. The process begins with vulnerability identification through automated tools and manual techniques like vulnerability scanning and penetration testing. These methods help detect […]
NewsRroomIt is a critical aspect of governance, particularly in industries like finance, healthcare, and pharmaceuticals, where regulatory landscapes are complex and ever-evolving. The process begins with thorough knowledge and understanding of relevant regulations. Organizations must stay updated on changes in legislation and regulatory frameworks to […]
NewsRroomLiability for IP infringement can arise in various forms, including civil and criminal penalties, and it often hinges on the nature of the violation and the specific type of IP involved. In the realm of patents, infringement occurs when an entity makes, uses, sells, or […]
NewsRroomThe proliferation of AI introduces new risks while amplifying existing ones, necessitating robust strategies to mitigate potential adverse effects. AI‘s complexity and unpredictability pose significant challenges. One primary risk is bias, where AI systems, trained on biased data, perpetuate and even exacerbate existing inequalities. To […]
NewsRroomThough often used interchangeably, they serve distinct purposes in safeguarding personal information and ensuring compliance with regulations. A privacy notice is a publicly accessible document that informs individuals about how their personal data is collected, used, stored, and shared by an organization. It is typically […]
NewsRroomThe rapid expansion of the internet has transformed how societies operate, communicate, and share information. Central to managing this dynamic environment is the concept of information policy within the framework of internet governance. Information policy encompasses a wide array of principles and regulations that govern […]
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