The biggest challenges in risk management for 2023

To thrive in an ever-changing and complex risk environment, leaders look for the most effective way to mitigate an array of potential dangers that can obstruct strategic initiatives and operations. Aiming to minimize firm-wide risk and striking a balance between Read More …

Gartner Survey Shows Third-Party Risk Management “Misses” Are Hurting Organizations

Enterprise Risk Management Teams Need a Better Approach to Third Parties Enterprise risk management (ERM) teams are struggling to effectively mitigate third-party risk in an increasingly interconnected business environment, according to Gartner, Inc. In a Gartner survey of 100 executive Read More …

Cyber issues are more integrated into enterprise risk management: WEF’s Global Cybersecurity Outlook 2023

The recently published Global Cybersecurity Outlook 2023 report by World Economic Forum presents the results from this year’s study of cybersecurity and business leaders’ perspectives on leading cyber issues and examines how they affect organisations around the world. The WEF engaged 117 cyber leaders from 32 countries and 22 industries, in collaboration with Accenture for the Read More …

India’s security and risk management spending to grow 8% in 2023: GartnerIndia’s security and risk management spending to grow 8% in 2023: Gartner

The end-user spending on security and risk management in India is forecast to total $2.65 billion in 2023, an increase of 8.3 per cent from 2022, according to an analysis by Gartner, Inc. Security services will remain a key spending Read More …

Banks Face An Uncertain Regulatory Landscape: Here’s How To Focus On The Most Serious Risks

The regulatory landscape for financial firms is in a state of flux, both in the U.S. and abroad. New anti-money laundering (AML) laws, sweeping new consumer protection requirements and new sanctions in response to Russia’s invasion of Ukraine are only a sampling of the regulatory Read More …

How businesses can manage fraud and risk without compromising on customer experience

Businesses have witnessed an influx of fraudulent activity over the last few years. Merchants and e-commerce brands are feeling the pressure to provide customers with seamless and secure user experiences. Partnering with a vendor that uses the most up-to-date data Read More …

Enterprises report rise in risk events, yet risk management lags

Enterprises around the world are being barraged by risk events, according to a report released Wednesday by Forrester. The State of Risk Management 2022 report, which is based on a survey of 360 enterprise risk management decision makers in North America and Read More …

How technology aids risk management in high-speed transactions

High-speed transactions are characterised by high-frequency, high volume, user convenient payments. Although online platforms facilitated quick payments, the advent of UPIs has been game changing, redefining the speed of online payments, while further increasing the acceptance of low value of Read More …