Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
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 …
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 …
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 …
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 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 …
Security risk management in the mining sector is evolving beyond the traditional focus on illegal mining, encompassing a broader spectrum of operational, environmental, and strategic risks. The article highlights the need for a more comprehensive and integrated approach to managing Read More …
Branch Operations Internal Control Case Study Banking highlights how small gaps in daily branch processes can lead to significant operational and audit risks. Branch-level activities such as account opening, cash handling, reconciliation, and customer servicing involve multiple control checkpoints. When Read More …
Why do stable businesses suddenly collapse? Why do financial institutions fail despite appearing strong? The answer often lies not in the absence of opportunity, but in the mismanagement of risk. Risk is inherent in every decision. Whether it is entering Read More …
In medicine, fever is often perceived as a symptom to be suppressed. Yet biologically, fever serves an important purpose. When bacteria or viruses enter the human body, the immune system responds by raising the body’s temperature. This increase in temperature Read More …