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Risk management and fraud news from around the web: August 21 – 25, 2023

Written on Aug 24, 2023

The rules, which take effect Sept. 5, encountered mixed reactions. Some champion board-level cyber accountability. Others say the rules are too big of a lift. 

The consulting industry has enjoyed decades of light regulation, which has sometimes meant a hands-off risk posture inside firms. But that’s all changing — and fast. 

Managing risks with your external vendors is essential in a modern supply chain to make sure there is no negative impact on your business. 

Just as a weakened immune system can manifest through physical symptoms, inadequate risk management can lead to operational inefficiencies and setbacks. 

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