Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Building Resilience Through Effective Risk Management Practices Key Highlights: Risk Management is underutilized in water infrastructure projects despite its proven benefits. ISO 31000 offers a non-certifiable yet flexible framework to implement a Risk Management System (RMS). Effective implementation requires top Read More …
Strengthening Preparedness and Safeguarding Resources Key Highlights: The U.S. Senate introduced the Fraud Prevention Recovery Act in 2024 to fund fraud prevention and investigation efforts. Pandemic relief programs revealed significant vulnerabilities in fraud risk management, costing billions of dollars. Organizations Read More …
Strategic Planning to Mitigate Climate-Driven Challenges Key Highlights: Climate risks are categorized into physical and transitional risks, each requiring tailored disaster recovery strategies. Effective climate risk management involves assessment, integration, and execution. Opportunities like resource efficiency and renewable energy adoption Read More …
Empowering Communities for Resilience and Lifesaving Actions Key Highlights: Risk communication must shift from generic messaging to culturally tailored strategies. FEMA and other global organizations emphasize partnerships with trusted community leaders to build credibility and trust. Local journalists and educators Read More …
Key Announcements Aim to Enhance Governance and Ease Compliance Key Highlights: Custodians required to maintain a net worth of ₹75 crore within three years. Introduction of a Business Continuity Plan and Disaster Recovery framework. Non-core activities to be hived off Read More …
Survey Highlights Concerns Around AI Governance and Workforce Readiness Key Highlights: Cyberattacks, data breaches, and regulatory uncertainty challenge AI adoption in India. Insufficient understanding of AI and ethical risks hinder implementation. Workforce readiness and effective AI governance identified as critical Read More …
Collaborative Approach to Risk Mitigation Highlighted as Key for Global Healthcare Advancements Key Highlights: Integration of clinical, operational, and financial management identified as critical for enterprise risk management. ACCA report stresses the role of a strong risk culture to address Read More …
As remote and hybrid work becomes the norm, organizations face a rising tide of security risks stemming from workforce integrity and behavior. Nisos, a leader in digital risk solutions, has introduced a groundbreaking service, Human Risk Management, designed to help Read More …
The financial sector is witnessing a transformative shift as 45% of firms adopt Generative AI (GenAI) and Large Language Models (LLMs) to revolutionize operational and non-financial risk (ONFR) management. According to ORX’s latest report, The Drive Towards Digital ONFR Management, Read More …
Amid a challenging microfinance landscape, Satin Creditcare Network Ltd (SCNL), a leading microfinance institution, has unveiled its focus on innovative risk management practices and enhanced collection efficiency to drive sustainable growth. Chairman and Managing Director H.P. Singh emphasized that the Read More …