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.
Corporate compliance plays a critical role in risk management, serving as the backbone of ethical governance and operational resilience. As businesses face increasing scrutiny from regulators, stakeholders, and society, the integration of robust compliance frameworks into risk management strategies has become essential. This synergy not […]
NewsRroomThey involve identifying potential risks, analyzing their likelihood and impact, and implementing strategies to mitigate or manage those risks. Effective risk management ensures the integrity of the process, compliance with regulations, and the protection of all stakeholders involved. In clinical trials, risk assessment begins with […]
NewsRroomHowever, the integration of AI brings unique challenges, particularly in reputation risk management. Reputation risk—defined as potential damage to an organization’s credibility or public trust—can escalate quickly when AI systems fail, behave unethically, or generate unintended consequences. One significant risk stems from algorithmic bias. AI […]
NewsRroomUnlike static risk assessments, which are conducted at a specific point in time and based on known variables, dynamic risk assessments are fluid and responsive, allowing for the continuous identification and management of risks as situations evolve. This approach is particularly valuable in high-risk industries […]
NewsRroomCyber resilience is increasingly becoming a cornerstone of third-party risk management, as organizations recognize the vulnerabilities introduced by their extended networks of suppliers, partners, and service providers. In today’s interconnected digital landscape, businesses rely heavily on third parties for a wide range of services, from […]
NewsRroomIt is crucial because human errors, intentional or not, can lead to significant financial and reputational losses. There are several types of human risk management, each addressing different aspects of human behavior. Operational Risk Management: Focuses on minimizing risks associated with day-to-day operations. This includes […]
NewsRroomThese processes are essential for establishing the true identity of individuals or entities engaging in financial transactions, thereby preventing illegal activities such as money laundering, terrorism financing, and fraud. ID Verification involves the process of confirming that the information provided by a customer matches their […]
NewsRroomThis strategy is often employed when the cost of mitigating the risk is higher than the potential loss if the risk materializes, or when the risk is considered to be minor or unlikely to occur. Below are some examples of situations where risk acceptance might […]
NewsRroomIn an increasingly interconnected world, geopolitical risk has emerged as a critical concern for businesses, governments, and international organizations. The complex interplay of political, economic, and social forces across borders can significantly impact operations, investments, and long-term strategies. To navigate this volatile environment, proactive geopolitical […]
NewsRroomIt encompasses the entire lifecycle of IT services, from planning and design to delivery, support, and continual improvement. The primary objective of ITSM is to align IT services with the business’s goals and to ensure the delivery of high-quality services to end-users. At the core […]
NewsRroomIt involves continuous assessment and validation of data against predefined standards, identifying discrepancies, and taking corrective actions to maintain data integrity. At its core, data quality monitoring revolves around several key dimensions: accuracy, completeness, consistency, timeliness, and relevance. Accuracy ensures that the data reflects real-world […]
NewsRroomThe decentralized nature of cryptocurrencies, such as Bitcoin, complicates efforts to trace and regulate financial transactions, creating vulnerabilities that cybercriminals exploit. One primary concern is the use of cryptocurrency exchanges to convert illicitly obtained funds into legitimate assets. These exchanges, often lacking robust Know Your […]
NewsRroomInfrastructure security is a critical component of cyber risk management, especially as organizations increasingly rely on complex digital systems to conduct their operations. The infrastructure of an organization encompasses its entire range of technological assets, including networks, servers, databases, and even physical hardware. Ensuring the […]
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