Global Business Risks 2013 FWR Group Sustainable_Independent_Inspections Certification_IIGI
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Transcript of Global Business Risks 2013 FWR Group Sustainable_Independent_Inspections Certification_IIGI
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Global Business Risks 2013
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Introduction Global Risks for 2013
Cyber Attacks
Loss of Data
Social Media
Extreme Weather
Supplier Stability
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Independent Inspections Pty Ltd
P: 1300 857 149
F: 1300 857 150M: 0402 259 479
By Peter Greenham
1.0 Cyber Attacks/Loss of DataFrom a recent study Eighty percent of companies found that Loosing of datafrom USB sticks and mobile devices pose a significant risk to the
organisations network.Cyber attacks to be an even bigger risk year,business owners will need to ensure they have the most up to date securitysystems and that all staff are adequately trained in proper data security.
A recent study identified that 400 companies lost over 12,000 customerrecords, with an average cost of $214 per record the amount of losses couldexceed $2.5 Million.A recent event where Russian hackers hold a medical centre afterencrypting thousands of patient health records.
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Social Media
Social media is becoming an integral part of everyones daily life.
Almost every business now has a social media presence and theones that dont plan to have one this year. These social presencescreate a number of emerging risks.
The main risk is reputation, your social presence represents yourbusiness to the world, and misuse can lead to serious damage the
the company reputation.A recent event of Whitehaven Coal where a fraudulent press releasewas issued, caused a 6 per cent drop in shares decreasing $300million dollars from the value of the company.
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Extreme Weather/ Flooding/Fire
The sheer severity and devastation caused byrecent fires/storms/floods around the worldhave caught many of businesses of guard.Whatever the cause of this risk it is clear thatextreme weather events are becoming morecommon. And they are striking in lesscommon places. Few businesses can afford
to completely ignore the potential for naturaldisaster.
Recent event of Australian Bureau ofMeteorology temperature was capped at 50Degrees and 2 new colours have been added
deep purple and pink to 54 Degrees.
It has taken months to get phone and internetservices to our office that impacted theoperation severly.
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Economic Stability/Customer/Supplier Businesses need to review the customer and supplier
base and determine the risk to the business from themarket. Cost cutting will be a factor this year and willhave an impact on margins and levels of efficiency.Business owners need to consider their financialposition and make sure they are prepared if the worstdoes happen.
A recent event where a company uses a large amountof steel for the mining industry used one steelsupplier, as a result the company went into liquidationand the steel needed to be purchased from anothersupplier at a higher rate.
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Independent Inspections Pty LtdIndependent Inspections Pty Ltd
Mr. Peter Greenham
Qualifications:
- Diploma of Civil Engineering
- Associate Diploma of LaboratoryOperations
- Diploma of Quality Management
- Diploma of Business
- Lead Environmental Auditor
- Diploma of workplace training and
Assessment- NATA Asessor
Your Auditors
P: 1300 857 149
F: 1300 857 150
Sales Team
Mr. Jonathan Yuen (B.Bus)M: 0419 188 779
Mr. Peter GreehamM: 0402259479
mailto:[email protected]:[email protected]:[email protected]:[email protected]
