Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The Securities and Exchange Board of India (SEBI) has created a dedicated task force to address the growing threat of AI-driven cyberattacks in India’s capital markets. The initiative aims to enhance market resilience and protect investors as AI technologies increasingly Read More …
A report prepared by KPMG reportedly contained AI-generated inaccuracies, or “hallucinations,” related to the use of artificial intelligence at UBS, raising concerns about the reliability of AI-assisted content creation in professional services. The incident has drawn attention to the challenges Read More …
Recent restrictions imposed by AI company Anthropic have drawn attention to a growing business risk: excessive dependence on third-party artificial intelligence platforms. As organizations increasingly integrate AI into critical operations, sudden changes in access, pricing, usage policies, or service availability Read More …
PredictiveMind has launched a new “behavioral risk” category aimed at addressing a critical limitation in artificial intelligence—its tendency toward self-deception and flawed predictions in complex decision-making environments. According to the report, the concept of behavioral risk focuses on how AI Read More …
India is stepping up its response to emerging digital threats as concerns grow over the impact of artificial intelligence (AI) on the financial sector. Authorities have constituted a dedicated panel to evaluate cybersecurity risks linked to AI-driven technologies in banking Read More …
The Health Sector Coordinating Council (HSCC) has released new guidance aimed at helping healthcare organisations manage risks associated with third-party artificial intelligence (AI) solutions. According to the report, the guidance focuses on strengthening oversight of external vendors providing AI-driven tools Read More …
Unit21 has appointed a new Chief Executive Officer as part of its strategy to accelerate growth in AI-driven risk and compliance infrastructure. The leadership change reflects the company’s focus on scaling its capabilities in managing financial crime and operational risks Read More …
EQS Group has introduced a new risk management module designed to support continuous oversight of data and artificial intelligence (AI) risks, reflecting the growing need for real-time monitoring in increasingly digital and automated business environments. The newly launched module aims Read More …
The Monetary Authority of Singapore (MAS) is collaborating with industry stakeholders to develop a comprehensive artificial intelligence (AI) risk management toolkit for the financial sector, reflecting growing global focus on governing AI adoption in finance. The initiative aims to provide Read More …
Rapid adoption of artificial intelligence (AI) across industries is outpacing the development of adequate risk controls, raising concerns about governance, compliance, and operational resilience, according to a warning from Gallagher. The report highlights that organisations are accelerating AI deployment to Read More …