Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The B2B landscape is built atop trusted relationships, both formal and informal. These relationships can include partnerships and collaborations with third-party vendors, suppliers, contractors, service providers and more; and while these relationships can offer numerous benefits such as cost savings, Read More …
Lloyds Banking Group is preparing to axe roles in its risk management division after finding that it was a “blocker” to the company’s transformation strategy. The group’s chief risk officer Stephen Shelley said in a memo last month that it was Read More …
According to the Ministry of Finance of the Government of India, in FY 2022-23, there were 95,000 cases of UPI fraud, which is an increase from 84,000 noted in FY 2021-22. This data, thus, underlines the importance of protective measures against Read More …
For V. Vaidyanathan, MD & CEO of IDFC First Bank, India is a good place to be. The financial services veteran, who started out as a banker, then turned entrepreneur, and now leads the bank formed as a result of the Read More …
Examining case studies of successful fraud risk management strategies can provide valuable insights and practical guidance for businesses seeking to enhance their fraud prevention efforts. These real-life examples demonstrate the effectiveness of specific measures and highlight the importance of proactive Read More …
Risk management, a strategic discipline, demands a proactive approach to identifying potential threats and vulnerabilities. Open-source intelligence (OSINT) steps into this arena by offering a cost-effective, comprehensive and real-time method for gathering and analyzing publicly available information. This information provides Read More …
2.1 Introduction This chapter addresses the myriad potential avenues for a control environment to be compromised and for an area of risk or investigation to be identified, either proactively or reactively, by a corporation. It also highlights key developments and changes Read More …
32.1 Introduction Investigations relating to environmental, social or governance issues are not new; however, during the past decade, the interest in ‘ESG’ (a term thought to have been coined by a 2004 UN Global Compact study[2]) has grown, and ESG factors Read More …
Relying on links across 150 countries to produce a very specific, high-quality product, Swedish engineering firm Sandvik’s supply chain is more high risk than most. Sara Benwell reports on how the company set out to uncover exactly how it would Read More …
Cyber attacks are increasing as the number of vulnerabilities found in software has increased by over 50% in the last 5 years. This is a result of unpatched and poorly configured systems as 75% of organizations believe they are vulnerable to a cyberattack due Read More …