Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Businesses across industries today have become digitized not just as an operational enhancement but as an inevitable requirement. However, the spike in the number of digital endpoints has also meant an uptick in the level of cyber risk that organizations Read More …
Sam Barrett explores the threat of increasing underinsurance amid a cost of living crisis and asks how brokers can help their clients and ensure they are covered to the right level Underinsurance is a perennial problem for the insurance sector Read More …
As environmental, social and governance (ESG) issues continue to draw the attention of business leaders, it’s time the financial-services industry reframes its approach to ESG and recognizes the short- and long-term business value of developing agile ESG practices. Traditionally, corporations Read More …
More than ever, CEOs, boards, and cross-functional partners are looking for their CFO to bring structure to the decision-making process. While they need support in clarifying and executing their business strategies, there is also a desire for greater assurance over Read More …
Bribery and corruption remain significant fraud risks for businesses across the world. Therefore, regulators are trying to issue comprehensive compliance guidelines backed by stringent enforcement actions to help organisations reduce instances of bribery and corruption. Per TRACE (an anti-bribery standard Read More …
Businesses across most industries are becoming increasingly reliant on third-party vendors to support critical business functions, but with the granting of access to a business’s internal networks comes cyber risks and data breach threats. In fact, more than 50% of Read More …
As we advance further in this digital-first world, the lines between humans and technology are blurring. The addition of the suffix ‘tech’ to industries like finance, insurance, human resources and even education has ushered in a paradigm shift. Additionally, the Read More …
Like everything else in life, running a small business comes with risks. As a business owner, there’s a non-zero chance you’ll have to deal with challenges like damaged equipment, market fluctuations, employee theft, unforeseen pandemics, or personal emergencies. The good Read More …
Enterprise risk management The Committee of Sponsoring Organisations of the Treadway Commission (COSO) defines enterprise risk management as, “a process, effected by an entity’s board of directors, management, and other personnel, applied in strategy setting and across the enterprise, designed Read More …
An ability to adapt and confront challenges posed by threats cross risk categories is vital for business to thrive in an uncertain world. Organizations need to confront these challenges and create opportunities by engaging people and finding a sense of Read More …