Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
A new UNESCO Chair in Disaster Risk Reduction and Resilience Engineering is being highlighted as an important step towards strengthening research, education and professional capacity in disaster risk management. The initiative focuses on developing knowledge and expertise around disaster risk Read More …
Third-party administrators (TPAs) are increasingly being viewed not simply as service providers that help institutional investors and insurers select or administer portfolios, but as potential partners in risk management. The central argument is that the value of TPA relationships should Read More …
Reserve Bank of India (RBI) Deputy Governor Rohit Jain has outlined a 10-point framework for managing technology and cyber risks, urging banks to strengthen governance as artificial intelligence becomes increasingly embedded in financial services. Speaking at the State Bank of Read More …
YES BANK has appointed Nitesh Ranjan Prasad as Head of Operational Risk, bringing more than 20 years of experience across banking, operational risk, technology risk, information security governance, outsourcing risk, digital risk and credit risk. Prasad joins YES BANK after Read More …
Almost two-thirds of audit leaders are finding it harder to identify potential risks before they have a material impact on their organisations, according to Gartner findings reported at the Gartner Enterprise Risk, Audit and Compliance Conference. The survey found that 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 …
US federal banking regulators have proposed revised guidance for third-party risk management, seeking to replace existing guidance with a more risk-based framework for banks and credit unions. The proposal was issued jointly by the Office of the Comptroller of the Read More …
Generative artificial intelligence (GenAI) and large language models are increasingly being integrated into banking risk management and compliance, with potential applications spanning anti-money laundering, fraud prevention, customer due diligence, third-party risk, regulatory compliance and operational resilience. One of the clearest Read More …
A major Salesforce outage lasting about seven and a half hours on September 16 has highlighted the hidden resilience risks created by dependence on cloud-based platforms. The disruption affected multiple Salesforce instances across regions, causing severe delays, intermittent errors and Read More …
More than 90% of leaders across the data center value chain experienced a material disruption during the past five years, yet most organisations remain poorly prepared for disruptions that can spread across interconnected systems, according to a global study of Read More …