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
Knowledge Centre
News and Updates
10 types of banking frauds in India customers should know about
During the COVID-19-induced lockdowns, digital modes of payments have seen a lot of traction. Customers benefit from digital payments because they make financial transactions easier. However, this also invited many fraudsters to make use of gaps and dupe the customers Read More …
Five Things Every Enterprise Can Do To Ensure The Long-Term Success And Sustainability Of AI Initiatives
Today, nearly any company – even enterprises with large teams of sophisticated data scientists and engineers – can be brought to heel by machine learning (ML) models that fail spectacularly in the real world. Whether it’s demand forecasting models upended Read More …
Helping companies navigate today’s evolving global ESG regulatory landscape
In recent years, environmental, social and governance (ESG) reporting for companies has moved from a “nice-to-have” to an integral part of corporate strategy. An increasing awareness of the need to address the material environmental and social risks and opportunities against Read More …
Bihar State Disaster Management approach Coal India to send water pumping machines
Bihar State Disaster Management Authority has recently demanded the Coal India Limited for sending two pumping machines of hyperpower intensity in order to clear the water from the flood-affected areas in the stat. Principal Secretary, Pratyaya Amrit said, “I have Read More …
Center rebuilds NPDRR with Amit Shah as Chairperson
The National Platform for Disaster Risk Reduction (NPDRR) has been reconstituted by the government, which will be headed by the Union Home Minister Amit Shah as chairperson. The Home Ministry said the functions of the NPDRR will be to review Read More …
What is Cybersecurity Mesh Architecture?
When Gartner predicts that “Cybersecurity Mesh Architecture (CSMA)” will be one of the top security and risk management trends of last year and this year too, that news might come as a surprise to those of us who have never heard of it. Read More …
Increasing women’s representation in cybersecurity
Women have only made up a small percentage of the cybersecurity workforce worldwide. According to UN Women, there is a significant gender gap in cybersecurity where women in Asia, and the Pacific, account for less than 10% of the workforce. Read More …
Companies Worldwide Could Face Customer Backlash if They Fail to Take Action on Climate Change
New global research* released today shows, in the next 12 months; 59% of consumers worldwide intend to start boycotting brands who don’t take action on climate change. There is also almost unanimous support for companies to not only do the Read More …
To Streamline, Strengthen AePS on boarding, Risk Management
The proposed streamlining will include mandatory due diligence The Reserve Bank of India has proposed streamlining the process for on-boarding of Aadhar-enabled Payment System (AePS) service providers and introducing additional fraud risk management measures, in order to strengthen the security Read More …
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