Editor introduction

Steve Lindo Editor, PRMIA

Dr. David Veen Editor, PRMIA Nagaraja Kumar Deevi Editor, PRMIA

In this October issue, we continue to focus on addressing the COVID-19 pandemic. PRMIA’s Sustaining Members, as well as our sponsors, contributed a diverse set of articles, as the global economy continues to struggle from the crisis, with increasing numbers of people getting infected all over the world, rising fatalities, and Phase 3 of clinical trials for evaluating an experimental vaccine still underway.

This issue covers a wide range of articles, from the operational risk of ever-increasing cyber-crime in times of a global pandemic, to risk implications of the COVID-19 pandemic, the impact of COVID-19 on structured finance, change in the sectoral structure of the American stock market due to COVID, COVID-19 fueling acceleration in digital transformation, ERM lessons learned from the pandemic for addressing climate change risks, the changing climate of audit committees, hallmarks of a data-driven business, the transformation of risk management, the evolution of risk management post COVID-19, risk management practice changes due to COVID-19, and operational risk frameworks in the age of COVID-19.

We continue to acknowledge the valuable contributions from our authors, for taking time out of their personal and professional experiences during these challenging times to share their thoughts. We thank this issue’s authors for their thoughtful contributions and extend this wish to the PRMIA community for the upcoming holidays: continue to be cautious and follow all health safety guidelines. We hope that PRMIA’s members will find the articles published in this issue interesting and enjoy reading them as much as we did reviewing and editing them.

our sponsors

The Association of Chartered Certified Accountants is the world’s most forward-thinking accountancy body. We believe that accountancy is vital for economies to grow and prosper, which is why we work worldwide to promote the profession and make society fairer and more transparent. We’re a thriving community of more than 227,000 fully qualified members and 544,00 future members across 176 countries, who are among the most qualified and sought-after financial professionals working in every sector you can imagine. Because we’re a not-for-profit organisation, we re-invest our surplus to develop the profession for the next generation through our qualifications, research and CPD. Visit www.accaglobal.com for more information.

Dell Technologies is a unique family of businesses that helps small businesses, startups and individuals build their digital future and transform how they work and live. Dell provides customers with the industry’s broadest and most innovative technology and services portfolio spanning for edge to core to cloud. Visit www.Dell.com/PRMIA to speak with a dedicated Small Business Advisor & access your member benefits.