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IDG Contributor Network: Update to risk management framework should be taken seriously

Discussion in 'CSO' started by RSS, Jul 12, 2016.

  1. RSS

    RSS New Member Member

    Recently, the Committee of Sponsoring Organizations (COSO) released a long awaited exposure draft update to its Enterprise Risk Management (ERM) Framework. The original ERM Framework was issued in 2004. And as we are all aware, much has changed in how we and our organizations view and manage risk.

    That's right you read it correctly, from the same people that brought you the internal control framework used for Sarbanes Oxley (SOX) - COSO.

    [ ALSO ON CSO: 5 ways to create a collaborative risk management program ]

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