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.
In an increasingly interconnected world, political risk is a critical concern for businesses operating across borders. From shifts in government policies to geopolitical tensions and regulatory changes, political factors can disrupt operations, supply chains, and profitability. Understanding political risk and building business resilience are now […]
NewsRroomEffective risk management demands a comprehensive understanding of how privacy and security intersect, as both play essential roles in safeguarding organizational assets and reputation. Privacy in risk management focuses on protecting sensitive personal and organizational information from unauthorized access, use, or disclosure. It encompasses compliance […]
NewsRroomThis aspect of risk management aims to protect companies from legal penalties, financial losses, and reputational damage associated with non-compliance. Regulatory requirements may vary across industries, and they encompass a wide range of areas, such as data privacy, financial reporting, environmental standards, and workplace safety. […]
NewsRroomInherent risk refers to the level of risk that exists in the absence of any controls or mitigating actions. This type of risk represents the natural exposure to risk that an organization faces simply due to its operations, environment, and industry. For example, a financial […]
NewsRroomAs AI systems become more integrated into various aspects of society, they pose potential risks that need to be managed through comprehensive governance frameworks. Risk management involves identifying, assessing, and mitigating risks associated with AI. This includes technical risks such as system failures, biases, and […]
NewsRroomIn today’s digital age, where data is the lifeblood of most organizations, the importance of a robust data strategy and governance framework in managing cyber risk cannot be overstated. As cyber threats become increasingly sophisticated and frequent, organizations must ensure that their data is not […]
NewsRroomIn the dynamic landscape of cybersecurity, the emergence of new threats and vulnerabilities presents a constant challenge to organizations. Effective vulnerability management is essential to safeguarding digital assets, and strategic risk prioritization is a critical component of this process. This approach involves identifying, assessing, and […]
NewsRroomThis approach involves connecting disparate systems such as vendor management platforms, compliance software, financial systems, and risk assessment tools to create a unified framework for managing third-party risks. The integration of these systems enables organizations to streamline workflows, improve data accuracy, and enhance decision-making. For […]
NewsRroomThis comprehensive assessment is crucial during mergers and acquisitions (M&A), investments, or partnerships, ensuring informed decision-making and minimizing risks. A primary focus of digital due diligence is evaluating the robustness and scalability of the target company’s technology stack. This includes examining software applications, hardware systems, […]
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 […]
NewsRroom