SimuPhish has introduced an experiential, artificial intelligence (AI)-powered approach to cyber risk assessments aimed at addressing one of the most challenging areas in cybersecurity: human behaviour risk. The solution focuses on helping organisations evaluate employee vulnerability to cyber threats through Read More …
Tag: operational resilience
SimuPhish Introduces AI-Powered Cyber Risk Assessments to Address Human Risk
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 …
Regulators Update CAMELS Framework to Strengthen Material Financial Risk Management
US banking regulators are updating the CAMELS supervisory framework to improve the assessment of banks’ ability to identify, measure and manage material financial risks. The changes are designed to strengthen supervisory reviews by placing greater focus on risk management practices, Read More …
Nigeria Insurers Association Targets Stronger Governance and Risk Management
The Nigeria Insurers Association (NIA) is focusing on strengthening governance standards and risk management practices within the insurance industry to improve resilience, transparency and confidence among stakeholders. The initiative highlights the growing importance of effective governance frameworks as insurers operate Read More …
Target Services Outage Case Study
On 27 February 2025, TARGET Services suffered a major operational incident affecting the infrastructure through which central-bank money, securities and collateral move across Europe. TARGET Services comprise: T2, which processes high-value euro payments; TARGET2-Securities, which provides securities settlement; TARGET Instant Read More …
The Chief Risk Officer Role in GCC Banking Sector Is Being Reshaped
The role of the Chief Risk Officer (CRO) in the Gulf Cooperation Council (GCC) banking sector is undergoing significant transformation as financial institutions face increasingly complex risks, technological disruption and changing regulatory expectations. Traditionally focused on credit, market and operational Read More …
SGS Launches AI Platform for Supply Chain Risk Management
SGS has launched SGS Compass, a data-driven platform designed to help organisations manage global supply chain risks, improve compliance and strengthen operational resilience. The new platform combines artificial intelligence, data analytics and supply chain intelligence to provide businesses with deeper Read More …
RBI Mythos AI Cybersecurity Advisory: Risk Team Checklist for Indian Banks
Artificial intelligence adoption in Indian banks is growing rapidly, enabling efficiencies in customer onboarding, credit assessment, fraud detection, and operational decision-making. However, these AI systems introduce new cybersecurity and operational risks. Recognizing this, the Reserve Bank of India released the Read More …
RBI’s Draft Guidance on Regulatory Principles for Model Risk Management (2026)
Preparing India’s Financial Sector for Responsible Artificial Intelligence and Model Governance Executive Summary The Reserve Bank of India’s Draft Guidance on Regulatory Principles for Model Risk Management (MRM), released in June 2026 for public consultation, is one of the most Read More …
NIST and NCCoE Publish Framework to Strengthen Ransomware Risk Management
The U.S. National Institute of Standards and Technology (NIST) and the National Cybersecurity Center of Excellence (NCCoE) have released new guidance aimed at helping organizations improve ransomware risk management and strengthen cyber resilience. The publication provides practical recommendations for preventing, Read More …