How AI Is Disrupting And Reshaping The Future Of Banking

The banking industry has always been at the forefront of adopting new technology. Driven by the need to stay competitive and meet evolving demands, banks have transformed with cutting-edge technologies — especially artificial intelligence (AI) — that enhance customer experience, Read More …

Make disaster risk management professional: PM’s principal secretary P K Mishra

Prime Minister’s principal secretary P K Mishra said on Saturday that programmes like the national platform for disaster risk reduction (NPDRR) are turning into a Jan Andolan (a people’s movement), at the same time emphasising that disaster risk management needs to be professionalised at the state Read More …

What can risk managers do better in 2023?

In the post-pandemic world, risk managers must reevaluate what constitutes an ‘acceptable’ risk With COVID behind us, 2023 exhibits a landscape different to the past three years when most enterprises simply strived to survive. Taking a forward-looking approach, risk managers Read More …

The biggest challenges in risk management for 2023

To thrive in an ever-changing and complex risk environment, leaders look for the most effective way to mitigate an array of potential dangers that can obstruct strategic initiatives and operations. Aiming to minimize firm-wide risk and striking a balance between Read More …

A risk management playbook for improving organizational resilience

What do these high-profile incidents have in common? They were unexpected, catastrophic events where system responses consistently lagged behind the incident despite numerous opportunities for intervention. In fact, some of the underlying problems had existed and were known about for Read More …

How to manage third-party risk in the public sector

Public sector organizations rely on third-party services to improve efficiency, enhance cost effectiveness, and meet the needs of their stakeholders. However, third-party services also pose unique risks to organizations operating in the public sector. Public sector organizations need the tools Read More …

Gartner Survey Shows Third-Party Risk Management “Misses” Are Hurting Organizations

Enterprise Risk Management Teams Need a Better Approach to Third Parties Enterprise risk management (ERM) teams are struggling to effectively mitigate third-party risk in an increasingly interconnected business environment, according to Gartner, Inc. In a Gartner survey of 100 executive Read More …