Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Businesses are rapidly adopting artificial intelligence (AI), but many are falling behind in implementing the safeguards needed to manage associated risks, according to a recent report. The report highlights that while AI is being widely used to improve efficiency, automate 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 …
Emerging risks linked to artificial intelligence are creating new blind spots in vendor risk management, particularly as organisations increasingly depend on third-party technology providers. The evolving threat landscape is making it more challenging for firms to maintain visibility and control Read More …
Healthcare organisations are being encouraged to strengthen their approach to artificial intelligence (AI) risk management as adoption accelerates across clinical, operational, and administrative functions. The growing use of AI in diagnostics, patient care, and decision support is creating new opportunities, Read More …
AI compliance is gaining prominence as organizations expand the use of artificial intelligence across sectors such as banking, insurance, healthcare and technology. It refers to the systems, controls and governance mechanisms put in place to ensure that AI applications operate Read More …
AI compliance has emerged as a critical governance priority as organisations increasingly deploy artificial intelligence across business functions. It refers to the frameworks, controls and processes designed to ensure that AI systems operate in line with applicable laws, regulatory requirements Read More …
The Reserve Bank of India (RBI) has urged financial institutions and technology adopters to strike a balance between the rapid adoption of Artificial Intelligence (AI) and robust risk management practices. While acknowledging the transformative potential of AI in improving operational Read More …
Finance Minister Nirmala Sitharaman has called on fintech companies to enhance their risk management frameworks to prevent the misuse of artificial intelligence (AI). Speaking at the Global Fintech Fest, she emphasized the need for responsible AI deployment, particularly in financial Read More …
Executive Summary This case study examines a data breach incident faced by a global e-commerce company, where sensitive customer data, including financial information, was compromised due to a cybersecurity vulnerability. The breach resulted in the exposure of personal data of Read More …