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Financial Risk

POSTED BY in Blog, Cyber risk, Financial Risk, Safety - TAGS , , , ,

The new cyber security threat targeting CEOs and costing businesses billions

Criminals are getting more sophisticated in the tactics they’re utilising to defraud businesses. A scam where criminals impersonate the email accounts of Chief Executives was announced to have cost global businesses more than $US2 billion in little over two years according to the FBI. Recently, a client of ours was also caught out by this attack which cost them around…

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POSTED BY in Blog, Financial Risk, Fire risk, Food Safety, Strategic Risk - TAGS , , , ,

Could your business withstand a product recall?

By now I’m sure you have heard about the urgent national recall that was issued for pre-package lettuce and salad by Woolworths and Coles. Because of the sheer size of the retailers they’ve been able to easily navigate the recall of this product and have been on the front foot with the public. Now, not all businesses have the same…

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POSTED BY in Blog, Financial Risk, Production Risk, Strategic Risk - TAGS , , ,

What the 7-Eleven scandal means for your organisation and your job security

We’ve all read about the huge scandal 7-Eleven recently faced after Fairfax Media and Four Corners blew the lid off a “half pay” scam being conducted by franchisees. Obviously, franchisees are forced to back pay the exploited staff, and fines have been imposed by Fairwork legislation, but what about the impact felt at the highest levels of the organisation? The…

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