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News
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NewsInstinct is your most important weapon
As Sydney begins to recover from the latest terror occurrence, our editor Lauren Gow reflects on why preparation is important but the ability to act on instinct is even more so.
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Let’s make every decision risk-based
Risk management isn’t about creating risk policies or appetite statements, it is about changing how business decisions are made, says Alex Sidorenko, CEO of Risk Academy. That’s why he has launched Risk Awareness Week, to challenge and change perceptions.
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It’s a risky move but UPS don’t turn left
Every time an American turns left they are turning against the flow of the traffic. In Australia, it is the right. Not only is that dangerous because it makes collisions far more likely so UPS cut the risk by not turning left. Simple, right?
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Typhoon Lekima insured losses hit $1.3bn
Typhoon Lekima, the strongest storm to hit the region since 2015 has caused more than AUD1.3bn (CNY 6 billion) in insured losses, according to catastrophe modelling firm AIR Worldwide. Lekima made landfall in Taizhou, Zhejiang, China, at 2 a.m. on August 10 local time, with JMA-estimated 1-minute sustained wind ...
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The Cathay Pacific breach: a lesson in managing data protection risks
In June, the aviation industry suffered one of the largest known data breaches in recent history when the personal data of 9.4 million Cathay Pacific passengers was compromised. Mark Parsons, Mark Lin and Byron Phillips from Hogan Lovells in Hong Kong unpick the lessons to be learnt
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Risk culture or culture risk?
In this article, Business Olympian Group, director, Gavin Freeman, will try to unpack the meaning of “risk culture” and assess whether the role of risk teams is to measure risk culture or culture risk.
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Chernobyl: Your guide to Risk Culture 101
Chernobyl is an enduring lesson for risk managers on the damning effect a poor risk culture. It would be easy to say ’that would never happen again,’ but in the grubby aftermath of the Hayne report, can we honestly say we have learned our lesson, asks our editor, Lauren Gow? ...
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Drones ‘major risk’ for APAC airports
Amid a spate of drone disruptions across international airports over the past year, a new report from Willis Towers Watson presents an action plan for the APAC region on handling this looming threat.
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Why gender balance is important in risk management
What can we do to address gender equality in risk management? Maybe it’s a shift into a different approach that will enable more female leaders and improve the service, irrespective of gender, argues risk practitioner, Patrick Aubrey.
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Risk lessons you should learn from Kodak
Historic business failures present some cautionary tales for modern risk managers. In this piece, StrategicRISK takes a closer look at why some of the biggest names in history no longer exist and why.
