Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
In a digital era where everything is interconnected, organisations across industries face a spectrum of multi-dimensional, high-velocity, high-impact, and interlinked risks, contributing to the increased complexity of cyber risk management. In 2023, India witnessed a substantial increase in cyber attacks, Read More …
While capital is an essential factor for these enterprises, they often operate on thin profit margins, consequences of poor credit risk management being severe due to challenges with limited financial resources, vulnerability to market fluctuations, and a higher dependence on Read More …
In 2023, enterprise technology hit the mainstream headlines for all the wrong reasons. During the summer, the UK National Air Traffic Service (NATS) suffered an outage that grounded flights across Europe at a peak time for travellers. In October, Barclays Read More …
Paytm Payment Bank Ltd (PPBL) a wholly owned subsidiary of fintech major – its parent company One97 Communications Ltd, (OCL) is facing stiff RBI action due to its protracted indifference towards operational risk that reached a tipping point. The kind Read More …
This innovative approach eliminates the need for users to remember and input passwords, instead relying on alternative authentication factors. The government has taken action against approximately 1.4 lakh mobile numbers implicated in cyber crime as a measure to curb digital Read More …
A recent study by the World Economic Forum (WEF) has positioned India as one of the major hubs for fintech operations globally. The report highlights vibrant fintech clusters in countries like Singapore, the UK, the US, and India, emphasizing their Read More …
New research from Accenture has painted a worrying picture for senior business leaders. The consultancy giant gathered insight from 700 corporate risk professionals to understand how recent global volatility had impacted their businesses, with a specific lens over whether the management of Read More …
The proposed streamlining will include mandatory due diligence The Reserve Bank of India has proposed streamlining the process for on-boarding of Aadhar-enabled Payment System (AePS) service providers and introducing additional fraud risk management measures, in order to strengthen the security Read More …
Uttar Pradesh was at the top with around 200,000 cases, the highest across 36 states and union territories. Next was Maharashtra with 130,000 complaints reported, followed by Gujarat (120,000) A total of 1.13 million cases of financial cyber fraud were Read More …
When making intuitive decisions, individuals are rarely risk-neutral or consistently risk-averse How do individuals make decisions in situations involving risk? How do we instinctually trade off the potential for a gain with the potential for loss? Most individuals fear losses Read More …