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Please annotate and comment on the focus of risk management. The pandemic forced many senior executives, including CFOs, to reevaluate the primary risks to their
Please annotate and comment on the focus of risk management.
The pandemic forced many senior executives, including CFOs, to reevaluate the primary risks to their company. Many companies decided to hire a chief information security officer (CISO), and as the world gets more complicated and the various threats become more of a concern, companies will look to invest in hiring more people dedicated to compliance and enterprise risk management. "Risk management is really important, and it'll probably grow in importance as the pandemic and its impacts remain," Choucair says. Ephesoft executives are executing against their "most likely" plan scenario, Goel says that he and other company leaders have added focus on contingency planning and risk mitigation even going into 2022. The 2017 framework, Enterprise Risk Management-Integrating with Strategy and Performance, from the Committee of Sponsoring Organizations of the Step by Step Solution
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