68% expect generative AI will significantly change the way their company creates, delivers and captures value in the next three years. The past few years have been filled with uncertainty—significant economic shifts, geopolitical conflicts and a rapidly evolving technology and Read More …
Author: RMA INDIA
GenAI and cybersecurity top CEO concerns in new PwC survey
EU takes legal action against Greece over failure to update flood risk plans
The action comes five months after the worst rains in Greece flooded its fertile Thessaly plain, devastating crops and livestock and raising questions about the Mediterranean country’s ability to deal with an increasingly erratic climate. The European Commission said on Read More …
Europe is not prepared for rapidly growing Climate Risks
Europe is the fastest warming continent in the world, and climate risks are threatening its energy and food security, ecosystems, infrastructure, water resources, financial stability, and people’s health. According to the European Environment Agency’s (EEA) assessment, published today, many of Read More …
Cyber attack, talent retention top business risks in India: Report
The ‘2023 Global Risk Management Survey’, which gathered input from almost 3,000 risk managers, c-suite leaders, treasurers, talent professionals and other executives from 61 countries, found that cyber attack/data breaches have risen from seventh position in the 2021 survey to Read More …
How generative AI can help Banks Manage Risk and Compliance
In the next five years, generative AI could fundamentally change financial institutions’ risk management by automating, accelerating, and enhancing everything from compliance to climate risk control. Generative AI (gen AI) is poised to become a catalyst for the next wave of productivity gains across Read More …
Risk Management challenges that our Banks face
In the year 2024, banks in Bangladesh are going to face a number of risks that they must address carefully. Risk is the variability of return—it can be both positive and negative. Risk management is concerned with reducing earnings volatility Read More …
Security and Risk Management spending in India to grow 12% in 2024: Gartner
With the increasing prevalence of remote work, organisations are reconsidering their methods for implementing endpoint security In 2024, cloud security spending in India is projected to record the highest growth. The adoption of cloud and multi-cloud presents security challenges, causing Read More …
Here’s What Can Go Wrong If Your AI Risk Management Isn’t Up To The Task
It’s no surprise that marketing is one of the first disciplines to embrace generative AI. In a recent State of Generative AI Survey by risk management platform Portal 26, 68% of respondents in the marketing, media and sales categories believed generative Read More …
How to Build a Strong IT Risk Mitigation Strategy
With threats rapidly multiplying, IT has become inherently risky. A strong risk management strategy minimizes the danger. Risk management, the identification, evaluation, and prioritization of risks should be a top priority for every IT leader looking to protect data and Read More …
Why today’s banking CRO must be master of many trades
The EY/IIF global risk management survey results surface new challenges faced by today’s CRO as their strategic and tactical remit expands. In brief The CRO role has expanded and evolved to incorporate more issues even as the pressure to operate Read More …