the risk management blog

byLowers & Associates | March 24, 2020

Emerging markets tend to fall into that riskiest of strategic planning quadrants: Unknown-Unknown territory. They bring with them both tremendous opportunity and enormous risk. The cannabis industry is one such market. While medicinal marijuana has been legal in Canada…

byLowers & Associates | January 15, 2020

Active shooter incidents have become a new normal in our society. As of Sept 24, 2019, there had been an average of 1.24 mass shootings per day in 2019, killing 377 people and injuring another 1,347 victims. “Run. Hide….

byLowers & Associates | December 18, 2019

A perfect storm of human errors — six of them to be exact — caused the biggest nuclear accident to date, the Chernobyl disaster in 1986. An IT mistake prompted 425 million Microsoft Azure users to experience 10.5 hours…

byLowers & Associates | December 11, 2019

Ah, complacency. That quiet sense of security or satisfaction with the status quo that prevents a person from acknowledging the potential dangers or risks around them. We become complacent about internal controls, believing our employees have always been trustworthy…

byLowers & Associates | December 04, 2019

A catastrophe, by definition, is an event that causes great and often sudden damage or suffering. Catastrophic events, such as those caused by natural disasters, are difficult, if not impossible, to fully predict yet recent events have shown us…