GRC Professional - February 2015 Edition | Page 6

READER POLL READER POLL What are the biggest risks the world faces in 2015? UNCERTAINTY HAS BEEN THE ONE constant, since the global financial crisis began. The macro-economic and geo-political problems the world is facing are a threat to business sustainability and growth. What do you think are the biggest risks to business growth in the world today? • • • • • • • • • • • The politics of Europe Ebola and other infectious diseases Cyber criminals Tensions between Russia and Ukraine A slowing of the Chinese economy Terrorism Tensions in the Middle East Gridlock in the US political system Environment and climate change The end of quantitative easing Other (please list) LAST MONTH’S POLL Cyber-crime biggest issue for GRC professionals CYBERCRIME IS THE BIGGEST issue facing the profession, according to last month’s reader poll. More than 40% of respondents said it was going to be the biggest risk and compliance issue in 2015. Cybercrime was followed by financial services regulation, with 30% of professionals believing that is the biggest issue. Another prominent concern amongst readers is anti-money laundering compliance, while privacy issues and social media risk also rated in the survey. BEST FROM AROUND THE WEB These were the stories being discussed at the GRC Institute this month: CANADA: MONEYLAUNDERING FEARS FUEL AN RBC RETREAT X THE RIO 2016 OLYMPICS: A WINDOW INTO OUR WORLD (PART ONE) X HONG KONG STEPS UP RESCUE REFORM FOR FINANCIAL GIANTS X NEW ‘ETHICAL’ HACKING SITE REGISTERED IN NEW ZEALAND X PRIVATE DETAILS LEAKED AFTER TRAVEL INSURANCE COMPANY HACKED X Complete the survey here. The results will be published in the March edition of GRC Professional. 4 GRC Professional • February 2015