The Securities and Exchange Board of India (SEBI) has established a dedicated task force to address the growing threat of AI-driven cyber risks in India’s financial markets. The initiative aims to strengthen cybersecurity preparedness and enhance the resilience of market Read More …
Tag: risk management
SEBI Sets Up Task Force to Counter AI-Driven Cybersecurity Risks in Markets
AI Reshapes Risk and Customer Strategy Across India’s Banking and Insurance Sector
India’s banking and insurance sectors are increasingly leveraging artificial intelligence (AI) to transform how they manage risk, generate revenue, and engage with customers. Financial institutions are deploying AI-driven tools across credit underwriting, fraud detection, claims processing, and customer service functions. Read More …
CFOs Must Adapt to New Risk Variables for Sustainable Growth, Says Kotak Bank CFO Insight
Chief Financial Officers (CFOs) are being urged to expand their approach to risk management and focus on capability-led growth strategies, according to insights shared by senior leadership from Kotak Mahindra Bank. The evolving business environment requires finance leaders to go Read More …
Finance Leaders Need New Risk Frameworks to Drive Sustainable Growth
Chief Financial Officers (CFOs) must broaden their approach to risk management and focus on capability-led growth as businesses navigate an increasingly complex environment, according to insights shared by senior executives from Kotak Mahindra Bank. Traditional financial metrics alone are no Read More …
Reported AI Errors in KPMG Document Highlight Growing Governance Risks
A report prepared by KPMG reportedly contained AI-generated inaccuracies, or “hallucinations,” related to the use of artificial intelligence at UBS, raising concerns about the reliability of AI-assisted content creation in professional services. The incident has drawn attention to the challenges Read More …
Cybersecurity Emerges as the Leading Risk Concern for Businesses
Cybersecurity has emerged as the largest risk facing companies, according to a recent survey conducted by consulting and advisory firm BDO. As organizations accelerate digital transformation and increase reliance on connected technologies, concerns over cyberattacks, data breaches, ransomware, and operational Read More …
ANSI Launches Initiative to Shape Future Standards for Frontier AI Risk Management
The American National Standards Institute (ANSI) has invited industry experts, policymakers, researchers, and other stakeholders to contribute to the development of standards for frontier AI risk management. The initiative aims to establish frameworks that can help organizations safely develop, deploy, Read More …
AI Adoption Creates New Risk Challenges for Australian Businesses
Artificial intelligence is becoming a core part of business operations in Australia, but it is also adding new complexity to the risk environment. New research highlights that AI, once seen mainly as a tool for productivity and efficiency, is now Read More …
SEBI Creates Special Task Force to Counter Emerging AI-Powered Cyber Risks
The Securities and Exchange Board of India (SEBI) has set up a dedicated task force to address the growing risks posed by AI-driven cyber threats in the securities market. The initiative aims to strengthen cybersecurity preparedness and enhance the resilience Read More …
Stronger Credit Risk Practices Essential Amid Rising Economic Uncertainty
As global economic conditions become more complex, credit risk management is emerging as a critical priority for banks and financial institutions. Rising interest rates, geopolitical tensions, inflationary pressures, and changing borrower profiles are increasing the challenges associated with assessing and Read More …