Enterprise Risk Management Adds Protection and Value for Company and Stakeholders
BY RINI FREDETTE
Is your credit union fully aware of its risk environment? The more informed you are of potential risks within your CU, the less likely you’ll expose yourself to harm. An Enterprise Risk Management solution helps you cover all the bases. Read on for a rundown of ERM benefits to reap and pitfalls to avoid along the way.
A more risk-informed company is better able to protect itself. The collection and analysis of a company’s risk environment keeps it aware of potential hazards now and in the future. The recent highly publicized revelations about unauthorized account openings by staff members at a large national bank remind us of the benefits of an...