Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Note that these headlines not only point to the financial impact on companies, but also have consequences beyond their earnings—from the personal to the greater community. Many people, especially ...

Learn about model risk, its causes, management strategies, and real-world examples from financial industry pitfalls. Unlock ...

Discover what the Professional Risk Manager (PRM) certification entails, including exams, career opportunities, and its ...

New research and analysis from Boston Consulting Group warns that as AI systems become more autonomous, financial ...

In today’s dynamic business landscape, resilience is no longer a luxury; it’s a necessity. From economic uncertainty and evolving regulations to cyber threats ...

Third-party relationships are double-edged swords— they can be your most significant force multipliers or risks. Third-party vendors are ingrained in all aspects of an organization, from accountants ...

The dynamic, automated, continuous risk management framework addresses the shortcomings of its predecessor, the Risk ...

Operational resilience is defined as an organization's capability to endure adverse disruptions, adapt to challenges and recover from events such as cyberattacks, natural disasters, supply chain ...

Bulgaria’s armed forces are facing modernization challenges, according to Vice Adm. Emil Lyutskanov, BU N, first deputy chief of the Bulgarian General Staff. Planning for scenarios in multinational ...