How Financial Stability Relates To ESG Disclosure

The impact of climate change in the long run is seen as a financial security risk globally, affecting some $100 trillion of fossil fuel assets. Environmental, social and governance (ESG) is a critical enabler of effective risk management—a primary reason why 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 …

Three Ways To Shore Up Your Risk Management Practices

Mitigating financial risk is an integral part of running a successful enterprise, even if most within an organization don’t fully know what it entails. That’s because risk management is often seen by some within an organization—executives included—as a process that Read More …

Banks request RBI to extend reporting time frame for loan related fraud

Banks have requested the Reserve Bank of India (RBI) to relax the rules on reporting loan fraud. They told the RBI that the existing norms are too stringent, The Economic Times (ET) reported. The banks have sought a month’s time for reporting loan fraud to the RBI. Read More …

Risk management essential to future-proofing supply chains

Businesses need a better understanding of multi-tier supply chains to limit the impact of disruption Businesses should develop a better understanding of the make-up of critical multi-tier supply chains so they can limit the impact of disruption, according to a Read More …

Next level reforms for risk management in banks

The operating environment of banks is fast changing. The key policy documents – Union Budget – 2023-24, Economic Survey 2022-23 and the aspirations set under India@100 during the Amrit Kaal – 2022-47 when seen together with the changing forms of 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 …