COVID-19 dominated headlines and redefined the risk landscape, but a host of other notable events also shaped 2020 and underscored the critical role of risk professionals this year.
COVID-19 dominated headlines and redefined the risk landscape, but a host of other notable events also shaped 2020 and underscored the critical role of risk professionals this year.
While already battling COVID-19, hospitals and health care facilities suffered a record number of ransomware attacks in 2020, disrupting operations, risking patient care and threatening sensitive medical data.
COVID-19 dominated news cycles and redefined the risk landscape throughout 2020. Here are some of the most important risk events related to the pandemic.
With more companies tracking remote workers via employee monitoring technology, fears are growing that they may cross the line—and face serious reputation damage and costly fines for data privacy violations.
As COVID-19 continues to alter the risk landscape, organizations are assessing whether to adopt formal enterprise risk management approaches to address complex challenges during the pandemic and beyond.
Anxiety, depression and burnout are rapidly increasing during the pandemic. Companies must actively address employee mental health challenges to ensure personal and enterprise performance.
Working more closely and effectively with risk committees and boards can help risk professionals raise their personal profile and contribute to corporate strategy.
COVID-19 threatens the strides women have made in the workplace, potentially leading to both career setbacks and employer liability.
As the new school year begins, risk
professionals in the education sector must rethink the entire academic experience to keep students, faculty and staff safe.
COVID-19 is not going away any time soon. With additional pandemic outbreaks on the horizon, organizations must prioritize their risk management practices to prepare for long-term impacts on operations.
Business owners need to get ahead of potential conflict scenarios that could arise when reopening after COVID-19 lockdowns.
Employers and employees will need to consider both new and old risks before reopening their doors after coronavirus-related closures.
Amid COVID-19, the legal doctrine of force majeure and the related defenses of impossibility, impracticability and frustration of purpose have moved to the forefront of many discussions.
A significant proportion of organizations have struggled to realize the full benefits of their ERM investment.
Once COVID-19 subsides, organizations should conduct a formal assessment of their crisis response to learn from both shortcomings and successes and refine future plans.
