Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
RBI has finalised a compensation framework for victims of small-value digital fraud in banking, effective from January 1, 2027. A bona fide individual victim with a gross loss of up to ₹50,000 from a fraudulent electronic banking transaction will be Read More …
The top 10 cyber risk gaps in Indian banks in 2026 are: weak IT governance frameworks, inadequate third-party vendor risk management, delayed patch and vulnerability management, insufficient cyber incident detection and response, poor employee cyber awareness, incomplete data privacy and Read More …
The five skill gaps every BFSI L&D head needs to close in 2026 are: regulatory and compliance literacy, credit risk and NPA management, AI and digital risk readiness, ESG and climate risk awareness, and operational and fraud risk capabilities. Closing Read More …
The modern digital banking ecosystem has expanded far beyond the traditional boundaries of internal IT parameters. With financial institutions increasingly relying on complex cloud architecture, core banking application programming interfaces (APIs), and third party FinTech vendor pipelines, the corporate threat Read More …
Banks and financial institutions increasingly rely on AI solutions from third-party vendors and FinTech partners. These collaborations enhance innovation and operational efficiency but also introduce operational, compliance, and reputational risks. Mismanaged AI systems can lead to failures, regulatory breaches, and Read More …
The recent regulatory changes introduced by the Reserve Bank of India in April 2026 mark a significant shift in the banking landscape. These reforms focus on strengthening digital security, supporting trade finance, and refining capital exposure norms. From a risk Read More …
A recent $23 million hack involving Resolv has once again exposed critical vulnerabilities within the decentralised finance (DeFi) ecosystem, raising concerns over security, governance, and risk management in blockchain-based platforms. According to the report, the breach underscores the susceptibility of 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 …