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 …
Category: Latest News
How to Build a Strong IT Risk Mitigation Strategy
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 …
Incorporating AI and automation into Cyber 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 …
Credit risk management for MSMEs: ‘A collaborative approach needed to navigate complexity’
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 …
Digital Leadership – outages and Risk Management require a Cultural Focus
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 …
The Perils of ignoring Operational Risk
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 …
1.4 lakh mobile numbers, 50,000 IMEI and 2000-plus URLs and more blacklisted
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 …
Fintechs Need to Invest in SystemicRisk Management and Compliance
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 …
CFOs warn Risk Management capabilities have not kept pace with Changing Landscape
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 …
To Streamline, Strengthen AePS on boarding, Risk Management
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 …