Developing enterprise risk management processes is one challenge for Asian banks. But following these processes is quite another, says Peter Koo, partner, Enterprise Risk Services, at Deloitte Touche Tohmatsu in Hong Kong.
Australia's government agencies can learn a lot from the nation's banks, when it comes to risk management and protecting privacy, says Graham Ingram, General Manager of the Australian Computer Emergency Response Team. "There are too many people in government organisations who are in denial [of risks]," he says.
In the initial wake of Japan's devastating earthquake and subsequent tsunami, business continuity plans have been tested, and organizations now are dealing with severe aftershocks and a growing national crisis, says Alan Berman, executive director of DRI International.
Mobile banking, social media, cloud computing. These all are part of the global banking landscape today, and with these innovations come new expectations, says Alessandro Moretti of (ISC)2 and UBS Investment Bank.