Tuesday, December 2, 2014

Ten Mistakes that Boards Make


Too often we are learning of executive level errors or omissions which cause massive breaches to the data or PI of millions of citizens.  Here's the "Ten Mistakes That Board Make".

         1. Not Asking Questions

2. Failing to Understand the Company and the Risks it Faces
3. Failing to Lead on Ethics and Compliance
4. Not Insisting on a Crisis-Management Plan
5. Speaking out in a Crisis Before the Facts are in
6. Relying on the Wrong Outside Counsel
7. Failing to Understand Attorney-Client Privilege
8. Underestimating Regulators
9. Giving too Much Leeway to Rainmakers
10. Getting Caught Up in the dilemma of False Options
Taken from the magazine Corporate Board Members, an article written by Randy Meyers.
Make Integris Security your Chief Risk Officer (CRO) as the independent keeper of oversight in your corporate enterprise.  It is the job/function of the CRO to keep regulator awareness at a high level and to let the business be in charge of risk management.
Integris Security LLC grew from our passion for protecting our nation’s critical infrastructures and years of providing industry professionals with best of breed solutions, proven best practices and top notch security education. We work tirelessly to nurture our clients’ TRUST. We will work equally diligently to EARN your trust.


Reference: http://operationalrisk.blogspot.com/2014/11/top-ten-mistakes-board-of-directors-risk.html
 

No comments: