Time to get serious about ERM?

We've noted recently that risk management has moved to the top of the agenda at some companies, and even the PCAOB, which is pushing its seven new risk standards. For enterprise risk management vendors, this counts as a great marketing opportunity. Compliance Week notes that Standard & Poor's has decided it will take a closer look at ERM in establishing its ratings reviews. It will begin discussing ERM in the fourth quarter, with an initial look at risk-management culture and management. A rating or scoring system isn't expected immediately. Despite constrained budgets, companies seem to be getting more serious about ERM. Article