Do you know what Enterprise Risk Management (ERM) is? Does your company need to establish or implement an ERM program? Do you know what the COSO framework is? If you answered NO to any of these questions, we can help your organization identify and mitigate risks that could impact your profitability.
ERM is the process of identifying and analyzing relevant risk from an integrated, company-wide perspective. The concept is designed to identify potential events that may prevent your firm from achieving its operational, financial, and compliance objectives.
Using our services, we will help your organization answer the following critical questions:
Our CUSO – COPILOT LLC’s Consulting Practice has the approach to meet your company’s needs. Our approach will balance risk, consequences, time and cost regardless of the scope of engagement your company chooses. Our assessment will contain three major risk categories:
ERM can affect many areas within organizations. Consider the following for evaluation and appropriate mitigation.
Ask your IT Team and 3rd party IT Support vendors if they can answer the following questions with certainty and relative confidence:
If you cannot answer these questions confidently, your credit union could benefit from a network security assessment.