When Risk Becomes Everyone’s Responsibility

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On a recent episode of LogicGate’s podcast, GRC & Me, Jason Wang the Chief Risk Officer at Synergy Credit Union based in Canada, shared his thoughts on how to evaluate the new risks that have emerged due to the COVID-19 pandemic, the importance of Environmental, Social, and Governance (ESG), and why he believes everyone in an organization is a risk manager. 

At Synergy Credit Union, Jason is building the Enterprise Risk Management (ERM) function, which covers Business Continuity Planning (BCP) and disaster recovery frameworks, including a pandemic response framework that was completed just in time for the COVID-19 pandemic.

Prioritizing Privacy 

When considering the impact of COVID-19, one area which Jason believes is easy to overlook is the company’s responsibility toward their employees’ data privacy.

According to Jason, sensitive information needs to be handled with care, “Remember employee privacy is also privacy, and there are sensitive issues related to COVID-19.  For example, who is a close contact? Who has tested positive? Who’s isolating at home,

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