Mitigating financial risk is an integral part of running a successful enterprise, even if most within an organization don’t fully know what it entails. That’s because risk management is often seen by some within an organization—executives included—as a process that Read More …
Tag: risk management
Three Ways To Shore Up Your Risk Management Practices
How to de-risk your digital ecosystem
Companies rightly see much promise for future revenues and productivity by building and participating in emerging digital ecosystems — but most have not given enough consideration to the risks and threats inherent in such ecosystems. According to the TCS Risk & Read More …
Digital lenders strengthen underwriting to counter delinquency risk
Digital lenders are strengthening their loan underwriting processes in order to manage their delinquency risk. Currently, they are working on improving their customer assessment standards and utilising more data technology to make better lending decisions, said industry players. “We are Read More …
Three Lessons On Risk From 2022
While many of us in the financial services industry turn our sights to 2023, there is still much to be learned from a tumultuous 2022. After a period of relative financial calmness, volatility returned in a big way in 2022, Read More …
India’s security and risk management spending to grow 8% in 2023: GartnerIndia’s security and risk management spending to grow 8% in 2023: Gartner
The end-user spending on security and risk management in India is forecast to total $2.65 billion in 2023, an increase of 8.3 per cent from 2022, according to an analysis by Gartner, Inc. Security services will remain a key spending Read More …
5 Strategies To Lower Risk To Your Business’s Reputation
Reputation plays a major role in businesses’ survival. Just look at the fallout for Facebook when news broke in 2021 about an internal study showing the negative impact of Instagram on teens’ mental health. The stock price plunged 20 points after the whistleblower report. Read More …
How organisations can manage supply chain cyber risk and increase their resilience
Supply chain cyber risk is a mounting issue for organisations across the globe. In the wake of high-profile supply chain breaches, organisations are waking up to the risks associated with third parties. Worldwide disruptions associated with the pandemic have only Read More …
Cyber and Business Interruption Top 2023 Threats: Allianz Risk Barometer
Cyber incidents and business interruption rank as the biggest company concerns for the second year in a row. That’s according to Allianz’s Risk Barometer 2023, which found that at the same time macroeconomic developments such as inflation, financial market volatility Read More …
5 Risk Management Trends to Watch in 2023, as Seen by CROs Across the World
Economies and civilizations are experiencing multiple crises concurrently at this time. The era is marked by the simultaneous emergence and interaction of multiple, complex disruptions with widely varying causes and eventual outcomes. Climate change, the COVID-19 pandemic, record inflation and Read More …
Enterprise AI Is Moving Beyond Data Science And Into Every Decision
Business intelligence and analytics are a powerful force in driving decision-making and giving companies a central engine for data on business KPIs. With adoption of self-service options and integration of data from a growing number of sources over the past Read More …