CyberCube Creates AI Loss Framework

Cyber risk analytics firm CyberCube has introduced a new framework to evaluate potential losses arising from the increasing use of artificial intelligence (AI) systems. The framework aims to help insurers, businesses and risk professionals better understand emerging AI-related exposures and Read More …

When AI Accelerates the Threat: Rethinking Cyber Risk Management

Artificial intelligence is beginning to change the nature of cyber risk. The concern is not only that attacks may become more sophisticated, but that they may become faster, cheaper to execute and easier to scale. Recent global regulatory discussions have Read More …

AI Model Risk Cannot Be Judged Only by Country of Origin

The country where an artificial intelligence (AI) model is developed provides limited insight into its actual risk profile, according to analysis highlighting the need for stronger AI governance, transparency and model evaluation frameworks. As organisations increasingly adopt AI systems, assessing Read More …

India’s Digital Success Story Needs Stronger Risk Infrastructure

India’s digital transformation has created one of the world’s largest technology-driven financial ecosystems, but sustaining this progress requires a stronger risk management infrastructure to address emerging challenges related to cybersecurity, data protection, operational resilience and technology governance. The rapid expansion Read More …

Banks Need Shared Vigilance as Frontier AI Reshapes Banking Resilience

The growing adoption of frontier artificial intelligence (AI) in financial services requires stronger collaboration, governance and collective vigilance among banks, regulators and technology providers, according to industry leaders. The increasing use of advanced AI systems is transforming banking operations while Read More …

Commonwealth Bank of Australia Upgrades Third-Party Risk Management Framework

Commonwealth Bank of Australia (CBA) has strengthened its third-party risk management capabilities as financial institutions face increasing challenges from technology dependencies, outsourcing arrangements and interconnected digital ecosystems. The upgrade reflects the growing importance of managing risks arising from external vendors, Read More …

AI Cyber Liability Risk Is Outpacing Existing Insurance Coverage

The rapid adoption of artificial intelligence (AI) technologies is creating new cyber liability challenges for organisations, with emerging risks developing faster than many existing insurance policies and risk management frameworks can address. As businesses increasingly integrate AI into operations, concerns Read More …

AI in Risk Management: Practical Applications and Key Considerations

Artificial intelligence (AI) is increasingly transforming the risk management function by enabling organisations to identify threats earlier, analyse complex data patterns and make more informed decisions. As risks become more interconnected and dynamic, AI-powered tools are helping risk professionals move Read More …