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Agree it seems like a better way to inform decisions and manage risk. Is it backed by any sort of real understanding of litigation, settlement, statutory experi
by rubyfan 7y ago
Agree it seems like a better way to inform decisions and manage risk. Is it backed by any sort of real understanding of litigation, settlement, statutory experience? I often hear reputational risk cited by security teams at public companies... it usually follows some sort of indecision or appeal to a higher level of management or beuqacratic tool.
- Eridrus 7y agoNot really. But it's significant progress compared to sticking charts like this into reports https://www.shipownersclub.com/media/2017/02/Risk-matrix-1-768x386.png https://www.shipownersclub.com/media/2017/02/Risk-matrix-1-7... I think it's also worth saying that when people say reputational risk they're generally not thinking about litigation, they're thinking about consumer perception, which it's not crazy to believe would have large impacts for large companies.