The 2021 Global State of Enterprise Risk Oversight, 4th edition, a joint commission with NCSU and AICPA-CIMA, reports on the ever-evolving status of risk globally. Focused upon 4 geographic areas, the effects of the pandemic, geo-political events, cyber threats, and rapid innovation have affected responses and actions of all entities. The content focuses upon five prevalent themes and contain questions and spur consideration of the enterprise risk management function.
There has been some debate whether Operational Resilience (OpRes) and Business Continuity Management (BCM) are the same discipline, different disciplines, or similar areas but with differing degrees of granularity. It is arguable that OpRes is customer centric in that it looks at the threats and vulnerabilities to the services provided to the customer, whereas BCM …
