While COVID-19 has slowed the hospitality industry, security plays a more pivotal role than ever and the ongoing pandemic is challenging security professionals to adjust and adapt to new rules and procedures. And yet, as the pandemic and challenging economy continues, security departments within the hospitality industry are increasingly tasked to do more with less.

While many organizations understand the need for a security executive, organizations that have taken a holistic approach, have added the chief risk officer (CRO) position to evaluate all organizational risk. So, what is a chief risk officer, who makes a good candidate, where does the CRO stand organizationally within an enterprise, and what value does one add? Here are all your CRO questions answered.

Despite the heavy reliance on the 20-year-old technology, Active Directory, cybersecurity efforts seem to continuously overlook this obvious and frequent target, which only puts organizations at further risk. Despite cybersecurity advances, Active Directory is still one part of an organization’s environment that gets the least cybersecurity attention. While most security programs have a SIEM solution monitoring logs for anything out of the norm, this is simply not enough. 

We speak to Pamela Verick, a Director in the Investigations and Fraud Risk Management group at global consulting firm Protiviti, to discuss how organizations across various industries can strengthen their fraud risk assessments from a cyber fraud perspective.