Rackspace Technology Appoints Amar Maletira as CEO

Replacing the former president, Kevin Jones, who had held the title since 2019, is Amar Maletira. With brilliant management and leadership experience in the field, Maletira is sure to accentuate the business up to its full potential.  In the past, Maletira has brought several businesses to become multi-billion-dollar companies. At Rackspace Technology, Maletira already contributed …

Why Do Startups Hire Ex-Entrepreneurs?

Embarking on a new endeavor is exciting and driving, but unfortunately, it also comes with a potential risk factor. With over 2,250 startups launched in 2021, the competition is fierce, and the success rate is underwhelming, with about 90% of businesses failing or dropping out. Though funding is essential to starting a new company and …

Trellix Appoints Kim Anstett as Chief Information Officer

SAN JOSE, Calif. – September 1, 2022 – Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced Kim Anstett has joined Trellix as Chief Information Officer (CIO). As CIO, Anstett will lead the teams responsible for Trellix’s global information and technology systems to accelerate customer value and business resilience. …

The Inflation Reduction Act – A Welcome Change for the Average American?

Aiming to reduce the deficits and lower inflation, President Biden signed the Inflation Reduction Act on 16 August 2022. The bill proposes reduced healthcare and drug expenses and investment in domestic energy production to battle climate change. Essentially a scaled-down rendition of the Build Back Better Act proposed in 2021, President Joe Biden calls it …

Core Costs to Keep the Inflation Red Hot?

Following a 0.7% price hike in June, core prices saw a leap of 0.3% in July, according to the Labour Department’s CPI. Consumer prices have climbed 8.5% from last year, down from a four-decade-long record of 9.1%, keeping the annual increase at 5.9% after three straight monthly declines. The ever-concerning rise in the price of …

A Dissipating Red Wave on the Horizon

With Election Day approaching in less than 100 days, the Red Wave fails to make the previously predicted impact in Congress. In midst of the falling ratings for Biden, Republicans have spent over a year waiting to pick up more seats and making plans for 2023 and beyond. Having more than a few tricks up …

US Commerce Department Passes Funding Bill

In an attempt to control semiconductor-manufacturing companies from using subsidies for their personal growth and agenda, the US Commerce Department has decided to put a cap on the government subsidies that semiconductor firms use. Before the US Commerce Department limited government subsidies, the legislation provided US$52 billion to improve and boost the chip industry. The …

The Difference Between Compliance & Risk Management: What You Need to Know

Lots of people hear the terms compliance and risk management and assume the two terms are the same. While there is overlap between the two, it’s important to know the differences so you can assure your company is using each strategy to its full advantage. Let’s look at what each strategy is, how they differ, …

Risk Management or Compliance?

Is risk management taking a back seat to compliance? Risk management frameworks are often seen as a lower priority than the specific activities associated with compliance. In a busy commercial environment, it is easy to focus on complying with rules rather than implementing effective risk management. It is also easy to focus on a headline, …

Compliance Risk Management using MI

Management information (MI) to identify compliance related risks and issues within a financial services entity  can be wide-ranging.  Metrics such as KPIs and KRIs serve as risk management tools that can be used as an “early warning” signal, to address an issue before it increases in gravity.  MI can help uncover systemic issues and track …