Aki Eldar is the CEO and co-founder of Mirato, provider of an AI-enabled third-party risk management (TPRM) intelligence platform. From cyberattacks and supply chain crises to rising inflation and the ...
From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...
Large organisations face major challenges in identifying and managing operational risk. Well established factors that contribute to that operational risk include: emerging technology such as AI; ...
The last decade has seen an explosion in technologies with tremendous potential impact on a business. From internet-connected devices to the algorithms that can make sense of the mountains of data ...
On 5 December 2019 the Bank of England (Bank), UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) published coordinated consultation papers and policy 1 on new ...
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 ...
My last article focused on managing supply chain risk, which is a key component to understanding and achieving operational resilience. In order to effectively manage resiliency across an organization, ...
Managing external partners has become a critical part of doing business today. As companies expand and rely more on outsourcing, the risks tied to outside vendors grow larger. Businesses can face ...
Analyst Insight: In today’s volatile business environment, effective risk management is the foundation for supply chain governance. Without a proactive, data-driven approach to supplier risk, ...
The banking crisis took a back seat while Congress navigated the suspension of the country's debt ceiling until 2025. However, this crisis calls for more stringent government oversight of the ...
Once the risk team has been assembled, the crucial process of identifying risks must commence. The output of the risk ...