Five Eyes Countries Advise Update to Cyber Risk Strategies in Face of AI Threats

Chief Security Officers (CSOs) are being urged to rethink cyber risk strategies as artificial intelligence (AI) amplifies the scale, speed, and sophistication of cyber threats, according to a joint warning from the Five Eyes intelligence alliance (Australia, Canada, New Zealand, Read More …

Companies Advised to Update Risk Registers for Better Strategic Insights

Organizations are being urged to rethink how they use risk registers, shifting from static compliance tools to dynamic instruments that drive actionable insights. Experts note that traditional risk registers often become tick-box exercises, failing to provide a clear view of Read More …

Supplier Impersonation Fraud Becomes a Key Operational Risk for Industrial Manufacturers

Industrial manufacturers are increasingly exposed to supplier impersonation fraud, an emerging operational risk where fraudsters pose as legitimate vendors to misdirect payments or manipulate procurement processes. Such scams can lead to significant financial losses, supply chain disruption, and reputational damage. Read More …

Geopolitical Risk Emerges as Key Concern for Risk Managers

Lockton has highlighted geopolitical risk as a critical issue for businesses worldwide, noting its growing impact on operational resilience, supply chains, and strategic decision-making. Companies are increasingly exposed to uncertainties stemming from political instability, regulatory changes, international conflicts, and trade Read More …

Top 10 Cyber Risk Gaps in Indian Banks: RBI Compliance Checklist 2026

Top 10 KYC/AML Failures in Indian Banks

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 5 Skill Gaps Every BFSI L&D Head Needs to Close in 2026

Continuous Monitoring and Vendor Risk Management in Banking

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 …

Risk Culture: The Invisible Control Framework

When major corporate failures occur, investigations often reveal a familiar pattern. Policies existed. Controls were documented. Committees met regularly. Reports were submitted. Yet warning signs were ignored, concerns were not escalated, and risks continued to build until they eventually materialised Read More …

Third-Party AI Risk: How to Audit FinTech Partners and AI Vendors

Third-Party AI Risk:

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 …

Strategic Analysis: Navigating Emerging Global Risks and Horizon Scanning Methodologies

1. Defining the Landscape of Emerging Risks Today’s global volatility makes identifying emerging risks essential, not optional. Known risks rely on historical modelling, but real resilience depends on seeing “the edges of current thinking.” To keep up, we must scan Read More …

Gartner: AI Systems Driving Shift from Operational Risk to Resilience

Gartner highlights that emerging artificial intelligence (AI) systems are transforming how organisations manage operational risk, enabling a shift towards resilience-driven frameworks. According to the report, traditional operational risk management focused primarily on identifying failures and ensuring compliance. However, with increasing Read More …