OCRIMS News

OCRIMS News ...

OCT. 8 LUNCH MEETING-
EMPLOYMENT PRACTICES LIABILITY AND WAGE & HOUR:

RISK AND INSURANCE SOLUTIONS
Presented by Philip Reed, JD, CFA Managing Director, FINPRO Marsh Risk & Insurance Services in California (An Executive Sponsor Partner of OCRIMS).
Register now to reserve your spot

PRESIDENT’S MESSAGE BY DIANA RICH

It’s hard to believe that trick-or-treating is just around the corner. However, if you go into any grocery or department store, the prevalent Halloween displays serve as a reminder. Another year has zipped by much too fast. Fortunately OCRIMS has some activities to look forward to.
Read the rest of Diana’s message

CSUF – SRMI IDAY.
The School of Risk Management and Insurance (SRMI) is proud to announce its annual Insurance Day (iDay) on October 23rd from 10am - 3pm. There are many ways to participate in iDay and reach students interested in careers in risk and insurance. Funds generated from iDay go to the SRMI scholarship fund, which has already awarded $1.4 million in scholarships since its inception.
Learn more about this event

SEPT. MEETING RECAP

OCRIMS was back at Maggiano’s on September 10th for a very interesting presentation by Luis Marquez of Digistream and Thu Do, Esq. from Employer Defense Group LLP. The meeting opened with a word search contest using key terms like fraud, deposition, surveillance, with the winner getting a prize for finding all 10 words in just a few minutes.
Read the rest of the meeting summary

THE CHALLENGES OF MOBILE DATA COLLECTION

The expansion and diversification of work communication on personal devices has expanded companies’ reach regarding when and where employees can conduct business and how quickly work can be done. It has also created new data governance and compliance challenges. In March, the U.S. Department of Justice issued new guidance for owning and governing company data on personal devices.
Read the rest of this article written by Matthew Rasmussen, founder and CEO of ModeOne

DATA BREACH COSTS SPIKE BY 10% IN 2024

According to IBM’s latest Cost of a Data Breach Report, the global average cost of a data breach increased to $4.88 million in 2024, a 10% jump over the previous year.
Read the full story

MOST COMPANIES IMPROVE CYBERSECURITY
TO BENEFIT INSURANCE COVERAGE

In a survey of 5,000 IT and cybersecurity leaders, cybersecurity firm Sophos found that 97% of companies with a cyber insurance policy had invested in improving their defenses in order to help with insurance. More than three-fourths of respondents said these investments enabled their organization to qualify for coverage, 67% got better pricing and 30% secured more beneficial policy terms.
Read the full write-up

RIMS AND BROKERSLINK TEAM UP
TO SET A GLOBAL RISK MANAGEMENT STANDARD
WITH THE RIMS-CRMP CERTIFICATION

RIMS and leading global broker network Brokerslink have agreed on a multi-year program to advance a global standard of knowledge and professionalism through the proliferation of the RIMS-CRMP. As part of the collaboration, Brokerslink will deliver both private and public RIMS-CRMP Exam Prep Workshops to its global network that comprise over 45,000 professionals in 133 countries.
Learn more

MITIGATE THE RISK OF AI USAGE-
ON-DEMAND WEBINAR

With this on-demand webinar, AuditBoard’s CISO, Richard Marcus, shares AI use cases for audit, risk, and compliance teams, and how organizations can take a responsible approach to AI use to encourage innovation while mitigating risk.
Learn more and view this on-demand webinar

MINIMIZING RISK, MAXIMIZING SUCCESS:
CREATING AN EFFECTIVE RISK MANAGEMENT PLAN

A risk management plan outlines strategies to identify, assess, and mitigate potential risks associated with a project. Learn how to construct a powerful and comprehensive risk management plan to enhance your business’s resilience and preparedness against uncertainties.
Get the full details and download the guide

AUDIT & BEYOND CONFERENCE

With four tracks and 40+ sessions at Audit & Beyond, there’s something for everyone. The conference takes place in Las Vegas from October 22-24, with the capability for virtual participation. The “Risk” track at the conference features a session entitled, “Building the Bridge Between Risk Management & Business Strategy.”
Click the link for full details

THE FUTURE OF RMIS:
BEYOND TRADITIONAL APPROACHES

September 26     10:00 am–11:00 am PDT
RIMS Member FREE | Nonmember $50
Get full details and sign up for this webinar

CONTINUOUS ASSURANCE FOR SHIFTING RISK:
THE DYNAMIC RISK ASSESSMENT
LIVE WEBINAR – SEPT. 26     11AM PT
Risk management is facing a new frontier of challenges and changes. Risk leaders must rise to the occasion by adopting a dynamic risk assessment strategy to protect their organizations.
Learn more and register for this webinar

MASTERING ERM: LEVERAGING INTERNAL AND EXTERNAL
RISK FACTORS FOR STRATEGIC ADVANTAGE

October 3     11:30 am–12:30 pm PDT
RIMS Member FREE | Nonmember $50

Get full details and sign up for this webinar

RIMS WESTERN REGIONAL CONFERENCE
The RIMS Western Regional Conference is scheduled for Sept. 30-Oct. 2 in Oregon. The program is set and keynote presentations have been named, including Julie Simpson, VP Internal Audit and Chief Audit Executive - eBay.
Get full details on the event

RIMS ERM CONFERENCE

RIMS has tapped world-renowned business strategist John Hagel to deliver the keynote presentation at the RIMS ERM Conference 2024. Exploring opportunities to transform approaches to transformation and reimagine business strategies, Hagel’s keynote presentation will kick off the annual RIMS ERM Conference, scheduled for November 18 – 19 in Boston. John Hagel has spent over 40 years in Silicon Valley and has experience as a management consultant, entrepreneur, speaker and author.

ERM Conference

RIMS VIRTUAL WORKSHOPS
What risk management education do you need to achieve your organizational goals this year?
Advance your risk management expertise with industry-leading virtual workshops

EMPLOYMENT OPPORTUNITIES
New employment opportunities include Risk Management Analyst for the City of Santa Ana and Risk Manager for UCI Health.
See complete job descriptions