These days, it appears there are more and more scandals or crisis resulting in companies having their names in the press far too often.  Many times it caused by a company’s failure to properly investigate claims internally before it is too late.  If a company investigates claims of corporate wrong doing thoroughly enough it can […]

Just when the financial industry thought it was safe to go back into the water, the French bank- Bank Pariabas announced it was pleading guilty to federal charges of violating US sanctions and hiding $$Billions of transfers from sanctioned countries including the Sudan and Iran.  The fine Bank Paribas agreed to pay- $9 Billion. The […]

During the lazy days of Summer, companies or organizations tend to slow down.    People go on vacation, customers or vendors go into Summer mode, business slows and organizations think less about crisis risk management and more about company picnics or other fun events. People start thinking business is uneventful- maybe everything is calm and […]

I am always asked how a company or risk manager is able to identify legal risks that a company faces.  Obviously, many companies face a myriad of legal risks due to the industries they operate in or for that matter, the  environment they exist in. 

In Korea, the news covers some aspect of the Sewol Ferry tragedy on a daily basis. The Korean Government denounces the owners of the ferry or the lax safety inspection by the  Korean Coast Guard,etc and promises to rectify all perceived wrongs. Some are beginning to point fingers at the Koreans' themselves for allowing a […]

How a lapse of risk management processes doomed over 300 people Normally, the waters around Korea are very calm and quite beautiful- such as in the picture of Gwangili Beach, Busan.  However, over 6 weeks ago, Korea experienced a disaster of tremendous consequences that has also had a direct and immediate negative impact on the […]