WHAT THE PAPERS SAY

Secure business
Computer Weekly, 8 August 2006

Fifth of firms risk bird flu cash loss
London Innovation

Hot on the audit trail
Gary Flood, Computing, 24 August 2006

Risk management gains importance
Financial Times, 11 July 2006

IT rethink needed in face of bird flu
VNU.net

IT directors 'failing to assess risk of human error' in datacentre systems
Computer Weekly, 26 September 2006

A helping hand with IT governance
Computer Weekly, 19 September 2006

Cost determines security choices
VNU.net, 21 September 2006

FT article
COMPANIES INTERNATIONAL: Risk management gains importance
By: By Doug Cameron in Chicago, Financial Times. Published: 11 July 2006

A company's risk-management capabilities could be added to the list of corporate reporting requirements mandated by regulators, said the new head of AT Kearney, the management consultant.

Paul Laudicina said the growing interdependence between the public and private sectors for infrastructure provision, and the potential impact of geopolitical risks on supply chains, could see risk-management and strategic planning join financial reporting and corporate governance as legal requirements.

Mr Laudicina, whose appointment as AT Kearney's chairman will be announced today, said "de-risking the business environment" had become an increasingly important part of the firm's work for corporate clients, notably "assessing risk against earnings' drivers".

Risk-management regulations are currently restricted largely to the financial services sector, and the Securities and Exchange Commission said there were no plans at present to add risk-management to the list.

However, the impact of factors as diverse as energy supplies, avian flu and even immigration policy has become more commonplace in corporate earnings' announcements over the past few years. Mr Laudicina said "we're moving into an environment where there will be much more government intervention".

5Back to Homepage