Report

Increasing risk over time of weather-related hazards to the European population

The report by Giovanni Forzieri, Alessandro Cescatti, Filipe Batista e Silva and Luc Feyen highlights the impact of climate change on health and safety of Europeans. It is clear from this Lancet RELX research, that a huge impact is estimated and in this study calculated. A scala of public risks are quoted throughout the document. The article in The Independent is very clear in the […]

The Urban Resilience Strategy of Rotterdam

Source: 100 Resilient Cities. Rotterdam formally published its resilience strategy on the 16th of May 2016. The executive summary is very clear about the new concept of approaching city management and public governance and the ambitious goals for the near future. “We must come together in a holistic way to face our challenges and take actions that can enhance resilience […]

Norton Wi-Fi Risk Report 2017 shows our Vulnerability

Norton by Symantec commissioned its second annual online survey, this year expanded to 15 global markets, in order to better understand consumers’ public Wi-Fi perceptions and practices and to unveil consumer misconceptions and worries about the safety of these connections. This survey explores consumers’ knowledge about the safety of public Wi-Fi connections. While use of public Wi-Fi is nearly universal, […]

At the Junction of Corporate Governance & Cybersecurity

Source FERMA. A joint working group, representing risk managers and internal auditors from 8 EU countries and  6 different economic sectors (bank, transport, defense, IT, food services and telecom) has developed recommendations for organizations on innovative ways to internally organize the management of cyber risks. These recommendations include a cyber risk governance model between the key internal stakeholders and the […]

Financial Economic Crime Data analytics: towards Compliance 3.0?

Source: EY. Will next generation Transaction monitoring enable Compliance 3.0?Managing Financial Economic Crime risks (“FEC risks”) is an ongoing challenge for Banks. The FEC requirements mitigating these risks are not just limited to policies and procedures, Integrity risk assessments (“SIRA”) and KYC/AML procedures. Banks should also be capable of showing that the FEC Compliance measures are effective. The recent “concept […]

Closing the Gap

Source: Lloyd’s. Over the past few decades the internet has enabled extraordinary innovation to take place, creating new business models, giving rise to world-changing companies and generating millions of jobs. But this progress has come at a cost. By their nature, digital systems are susceptible to cyber-attacks by malicious individuals or groups with increasingly serious repercussions for businesses around the […]

ISO 19600:2014 Compliance Management Systems

By Jack Kruf. Compliancy is on the way up. More and more organisations focus on being compliant. Not only for being compliant, but also for karma, transparency, branding, imago, security and accountability reasons. And more. To be reported also to elected councils, citizens and shareholders. ISO defined this 19600 standard and published it on the 15th of December 2014. It […]

Future Cities: Building infrastructure resilience

This report by Lloyds includes for the first time three new pathways that will help city officials, businesses, communities and insurers work together to build greater city resilience. It contains analysis of each infrastructure category – energy, water supply, information communications technology and transport – and uses case studies to assess past infrastructure failures and to suggest actions that could be […]

A Strategic Approach to Resilience in the EU’s External Action

The EU and its Member States have established a robust policy framework to guide the Union’s external action, anchored in Article 21 of the Treaty and the Global Strategy for the European Union’s Foreign and Security Policy (“EU global strategy”), and linked to commitments they have taken at global and regional level. The challenge now is how to sustain progress […]

Ten Questions Every Board Should Ask in Overseeing Cyber Risks

Nasdaq & Simpson Thacher present – in June 2017 – a compact, highly informative and well written document, which in fact is a general guideline and a first step for an integrated approach of risk management. It is suitable for in fact every company or public organisation which has experienced or will be experiencing cyber attacks. It is offering a […]

The Benefits and Risks of Policymakers’ Use of Smart City Technology

By Emily Hamilton. Mercatus Working Paper, Mercatus Center at George Mason University, Arlington, VA. The term smart cities refers to the intersection of connected devices (also known as the Internet of Things), big data, the urban environment, and city dwellers. Smart city innovations have been widely lauded for their potential to improve government services and government transparency. Sensor technology creates […]

2017 Global Risk Management Survey

By AON. The report concludes, that by the rapidly changing business environment and the world’s increased connectivity means that traditional and emerging risk are becoming more and more unpredictable. Despite big data, companies are less prepared for managing those risks. You might expect otherwise. The report highlights developments as disruptive technology and innovation, cybercrime and political risks and uncertainties. The main conclusions: Leaders […]

Coral reef – our ocean delivery room – under great stress

Source: Arc Centre of Excellence Coral Reef Studies For the second time in just 12 months, scientists have recorded severe coral bleaching across huge tracts of the Great Barrier Reef after completing aerial surveys along its entire length. In 2016, bleaching was most severe in the northern third of the Reef, while one year on, the middle third has experienced […]

Climate breaks multiple records in 2016, with global impacts

By World Meteorological Organization The year 2016 made history, with a record global temperature, exceptionally low sea ice, and unabated sea level rise and ocean heat, according to the World Meteorological Organization (WMO). Extreme weather and climate conditions have continued into 2017. WMO issued its annual statement on the State of the Global Climate ahead of World Meteorological Day on […]

Resilient Cities

Resilient cities are cities that have the ability to absorb, recover and prepare for future shocks (economic, environmental, social & institutional). Resilient cities promote sustainable development, well-being and inclusive growth.  The OECD is investigating how cities can increase their resilience. There are 4 areas that drive resilience: economy, governance, society and environment. The report on the OECD Resilient Cities project is […]

Political Risk Map 2017

By Marsh. Global Geopolitical Risk Concerns for Businesses. Events in the West, including the UK’s Brexit vote and the US presidential election, have the potential to amplify geopolitical risks in 2017. Large populations have become dissatisfied with conventional politics, driven by factors such as surges in immigration, the ongoing terrorism threat, and the knock-on effect of global financial crises. The […]

Climate change, impacts and vulnerability in Europe 2016

Europe’s regions are facing rising sea levels and more extreme weather, such as more frequent and more intense heatwaves, flooding, droughts and storms due to climate change, according to a European Environment Agency report published today. The report ‘Climate change, impacts and vulnerability in Europe 2016’ by the European Environment Agency assesses the latest trends and projections on climate change and […]

The Citizen in the Centre?

By Erik Koopman. Municipalities face significant challenges and uncertainties in carrying out their new tasks in the social domain. Many municipalities have chosen for a central role for social district teams. Even though the district teams vary greatly in their tasks and structure, in general the teams exist to discover the genuine need for help and support for citizens and […]

Vers l’e-citoyenneté et l’e-administration

Quels risques pour les collectivités? Compte-rendu d’atelier par PRIMO France. Introduction L’édition 2016 du Congrès du Syndicat National des Directeurs Généraux des Collectivités Territoriales a permis à PRIMO France de présenter et rappeler lors d’un atelier l’importance des cyber-risques et les enjeux majeurs qu’ils représentent dans le Service Public, en partenariat avec Marsh France. Vous trouverez en cliquant ici un compte-rendu détaillé de l’intervention […]

Social Cohesion and Elections

By Jack P. Kruf One of the documents we had on the table during the founding of PRIMO in Strasbourg, back in 2005, was the policy report by the European Council “A new strategy for Social Cohesion“. It is still ground breaking because of it’s integrated approach of social cohesion and the hereto related public risk governance. It came directly to my mind seeing the series and documentaries […]

Health and Safety Risk Management Review

PRIMO: This approach and methodology of Risk Management Partners and Gallagher Basset can result in a systematic and thorough picture of the actual health and safety aspects in a public organisation. It above all gives input for concrete management measures. The processes review and implementation are well interlinked and based on practical experiences. It is a tool for proactivity. Source: Risk Management Partners Overview […]

Risk Managers are developing strategic Role and wider View of Risks

Source: FERMA. European risk managers are taking a more strategic role in their companies with increasing access to top management levels and the board. Against this background, they have a wider vision of the risks that could affect the ability of business to achieve its objectives. These are the key conclusions of the 8th European Risk and Insurance Survey conducted […]

Cyber Risk demands Insurance and Risk Management

Cyber risk is no longer considered an emerging risk. Every organization should consider the financial statement impact of cyber exposures. Cyber risk is not static, and as such our framework serves as a tool for holistic cyber risk management. Aon Risk Solutions has launched insurance covers with the aim to extent on existing and more traditional cyber policies with embedding system failures, legal aspects […]