The Future of Enterprise Risk and Governance

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Enterprise Risk Management and Governance has gained more wide-spread but the practice or ERM and governance has not evolved with technology and advancements in research. This study summaries the progress in ERM adoption and discusses why ERM has failed to made further gains in protecting firms improving cybersecurity.

The most popular ERM framework is also the biggest failure in managing risks. This study demonstrates why COSO has failed and explains what is missing in COSO's framework....substance and confidence intervals in how it achieves is goalsl

The human element is the biggest contributor to operational risk and the leading cause of cybersecurity breach yet no risk framework incorporates the human element, with one exception. A Cognitive Risk Framework for Cybersecurity and Enterprise
Risk Management, created by James Bone, the founder of Global Compliance Associates and GRCIndex.