Governance and risk

COSO’s risk-management framework to undergo update

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) announced that it is undertaking a project to update its Enterprise Risk Management – Integrated Framework, which debuted in 2004.

Global cyber-attacks up 48% in 2014

The number of reported information security incidents around the world rose 48%, according to PwC’s The Global State of Information Security Survey 2015.

Board members keenly focused on risk

US public company board members are increasing certain procedures to prevent fraud risk, but many are not comfortable with their understanding of their companies’ risk appetite, according to a new survey.

Why investors target the executive pay gap

A global survey conducted by Harvard Business School on the gap between executive compensation and unskilled workers’ wages offers answers to why shareholders are baulking at CEO pay.

Three signs India’s economy is regaining steam

Investors worldwide are looking for signs that India’s economy is regaining strength following government reforms that started in late 2012 and an improved business sentiment in the wake of national elections.

Compliance fatigue leaves companies open to risk of fraud

Board involvement in compliance issues has declined over the last two years, and many companies have yet to implement adequate fraud protection processes, according to an EY report, which suggests that “compliance fatigue” has set in and urges boards to undertake more effective oversight of the risks.
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