Fraud is defined as any intentional act committed to secure an unfair or unlawful gain. So, before we start the discussion, one key point to note is that fraud is INTENTIONAL.

There is often the haunting question regarding ERM. And it is not whether the project will ever kick off or ever finish. It is how to start it, what methdology to use that will ensure success.

So, you already know that Operational Risk is the new risk category that is taking the world by storm. BUt what can you do about it to save your business or your company.

The software industry is flooded with automated solutions for risk management. They come under various labels such as ERM software, ORM software, Basel II, GRC solutions etc.

Effective Reputation Risk management is the ultimate key in surviving. Today, money is made by branding, reputation and similarly, it is lost due to bad reputation and poor branding.