Published by Bloomberg on 14 April 2020

Twenty years ago, corporate risk managers had near-zero public visibility. Most were back-office staffers who focused on securing insurance for environmental and real estate problems (tornadoes, fires, earthquakes, facilities breaches). Young people didn't aspire to be risk managers: There were just a dozen small academic programs in the U.S. focused on the career. The pandemic has catapulted the field into prominence almost overnight. "Risk management now has boards' attention and has been given a seat at the table for input and consideration," says Al Marcella, president of Business Automation Consultants LLC, a St. Louis-based security assessment firm. Boards are quickly creating risk committees focused on crisis planning and remote work data privacy—and they want a chief risk officer on speed dial.

Full article below

Full article: Risk Manager Is Suddenly a Hot Job