Kaminski: Risk Management Investment Must Go Beyond IT

Vincent Kaminski is famously known as the man who sounded the alarm at Enron back in 2001, before the energy giant went belly-up. No one listened to him and his team of analysts, and a few months later, Enron filed for bankruptcy.

Kaminski is now a college professor at Rice University, but he's kept a trained eye on the development of risk management systems.

For a long time, he says, risk management systems were neglected as resources were directed to the front office and units generating