ABOUT RISK MANAGEMENT ASSOCIATION

RISK MANAGEMENT

Risk Management has assumed great significance in the global economic scenario. More and more companies are recognising the need for implementing the concept in their organisation. Unless risk is monitored properly the very existence of business may be at stake. The technological advancement has revolutionised the ways of doing business but at the same time has posed new challenges to manage and contain risk.

In western countries, Risk Management is an important area which has attracted the attention of Bankers, Insurers, Financial Institutions, Government, business houses,  in forecasting the imminent risk in undertaking any project/work and taking suitable precautions to avoid or minimize the adverse impact of risk. Read more

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News and Updates

How To Protect Your Consumers Against Email Fraud

While shopping online, consumers regularly hand over their personal and financial data, so retailers should protect their domains from unauthorized use. If they don’t, their domains could be used in business email compromise (BEC) attacks, phishing emails, email scams and Read More …

Environmental Social Governance Investigations

32.1 Introduction Investigations relating to environmental, social or governance issues are not new; however, during the past decade, the interest in ‘ESG’ (a term thought to have been coined by a 2004 UN Global Compact study[2]) has grown, and ESG factors Read More …

Artificial Intelligence Opens Up The World Of Financial Services

If you’re running a financial services firm, and you want to promote digital transformation, you need to decide what exactly needs to be transformed. “In all honesty, what areas aren’t there?” says Teddy Flo, general counsel at Zest AI. “The financial Read More …

10 things to keep in mind to make Cybersecurity effective and invisible for SMEs

Businesses of all sizes and from any location use the Internet to access new and larger audiences, as well as use computer-based tools to work more efficiently and effectively. If a firm plans to use cloud computing or just use Read More …

Cybersecurity Centre of Excellence organizes meet up session for cybersecurity start-ups in Hyderabad

In association with Toronto Business Development Centre, the Cybersecurity Centre of Excellence, Hyderabad has recently organized a meet-up session, Connect2Canada, for various cybersecurity start-ups in the city. The Cybersecurity Centre of Excellence held the session with the aim of empowering Read More …

5 Cybersecurity Spending Areas to Evaluate

As computing environments change and bad actors switch tactics, most organizations will need to increase or redirect their investment in cybersecurity. With inflation pushing up costs, the question most CFOs will seek to answer is where spending is producing the Read More …

How can we ensure a safe and equitable digital transformation? Business leaders explain

The past 18 months have transformed society – and sped up the digital transformation of our world. On the plus side, digital technologies allowed business and society to continue to function even during lockdowns – helping companies survive, vulnerable people access healthcare and children Read More …

229 banking frauds a day in 2020-21, recovery rate below 1%, RBI says in RTI reply

Banking frauds in India are so frequent and rampant that they no longer surprise most people. For example, take the last financial year, 2020-21, during which more than 83,000 banking frauds took place that syphoned off Rs 1.38 lakh crore. Read More …

Increased risks mean SMEs must spend on security

If there was a market where 70% of the companies expected to increase their budget spend by an average of 7%, it’s fair to say a lot of them would be very interested in that market – especially if they Read More …

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