×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Risk managers moot conference to discuss challenges for local firms

Risks can arise from various sources, including operational issues, fraud, cyber-attacks, regulatory non-compliance, governance failures or natural disasters. [iStockphoto]

Local companies have been urged to build resilient systems to combat the risks that could potentially jeopardise their operations, reputation, and financial performance.

In a statement on Monday, the Institute of Risk Management (IRM) East Africa urged firms to establish resilient systems as economies are fast becoming globalised.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
By Brian Ngugi 12 hrs ago
Business
NCBA, Diamond Trust and IM join big lenders in profit boom
Business
Kenya rises from economic crisis to sixth-largest economy in Africa
By Oscar Magu 21 hrs ago
Enterprise
Why more service providers are deploying AI in customer engagement
Business
Safaricom users to get free data bundles following partnership with Opera