When you mention risk management in the financial services industry one foremost thinks about protecting, hedging and diversifying investments. Because of the industries ever increasing scrutiny from public opinion and the government’s increasing regulation, it is a top priority.
Don’t leave operational risk management, and other hazard, business and strategic risks on the back burner.
Think about this:
- A sexual harassment claim reaches the media.
- A data breach of client information is released to the public by a hacker.
The loss of productivity, opportunity or reputational injury could be back-breaking to a firm. Take steps prior to an incident to better protect your firm and lower your Total Cost or Risk.
Contact Chip Gibson for more info and ways to proactively insulate your firm from the emerging risks of the marketplace.