McKinsey on Risk, Number 9, June 2020

Amid the coronavirus pandemic, companies need a crisis response coordinated by top management that gives experts and managers the autonomy to implement creative, pragmatic solutions.

Actions taken now to mitigate impacts on supply chains from coronavirus can also build resilience against future shocks.

With better governance and data collection, treasurers can staunch the effects of margin erosion.

More than regulatory pressure is driving banks to manage climate risk. Financing a green agenda is also a commercial imperative—but specialized skills are needed to protect balance sheets.

By partnering with the business, the operational-risk discipline can create a more secure and profitable institution. Here’s what has to happen first.

The investigator-centered approach to fighting financial crime fosters collaboration among banks, law-enforcement agencies, and regulators for greater effectiveness, efficiency, and social impact.

As consumers become more careful about sharing data, and regulators step up privacy requirements, leading companies are learning that data protection and privacy can create a business advantage.

New cyberrisk management information systems provide executives with the risk transparency they need to transform organizational cyberresilience.