In the years since the global financial crisis, financial institutions have made substantial investments to upgrade their risk management programs and comply with ever more stringent regulatory ...
Modern society heavily relies on strongly connected socio-technical systems. As a result, distinct risks threatening the operation of individual systems can no longer be treated in isolation. Risk ...
With the instability of many financial firms from the current economic crisis, the spotlight is on risk management and whether or not these and other organizations are assessing strategic and ...
Enterprisewide risk management systems have expanded greatly in recent years, primarily as a tool to help management and the board proactively deal with emerging risks. While the entity’s approach to ...
Microsoft has introduced a new framework called PyRIT (Python Risk Identification Toolkit for generative AI) for the automation of red teaming processes or finding risks in generative AI systems, ...
Key risk indicators are used by financial firms to measure their exposure to a given risk at a particular time. By comparing an appropriate set of key risk indicators with internal limits and ...
The coronavirus pandemic has disrupted companies’ capital project plans, not only this year but most likely for the foreseeable future. This is likely to have consequences beyond the pandemic, because ...
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