About: Christine Thomas
This author has not yet filled in any details.Exploring Risk Management Trends to Impact the Insurance Sector
The insurance industry, renowned for its adaptability, has undergone a wide array of changes in recent years. The world has been shaped by macroeconomic shifts, emerging risks, and innovative business models. To succeed and thrive, i...
Generative AI Risks in IT and Cybersecurity for Financial Organizations
Generative AI tools have really come to the forefront of digital revolutionary advancements in the last couple of years. There is no doubt that these tools offer unprecedented capabilities in content creation and manipulation, but fi...
Impact of Recent Regulatory Changes on IT and Cyber Risk Management
Recent regulatory changes have significantly elevated the role of IT and cyber risk management in the financial sector and beyond. These changes stem from a growing awareness of the vulnerabilities that modern businesses, particular...
5 Considerations for Banks Implementing AI-Powered Solutions in Compliance Management Process
Regulatory bodies create and supervise the compliance rules that are mandatory for banks and other financial institutions. It is critical for organizations to strictly abide by these regulations. Noncompliance can turn into hefty pe...
How Banks Can Develop an Effective Framework for IT and Cyber Risk Assessment
Cybersecurity and IT risk management have become quite critical for modern banking operations. Increasing reliance on technology has brought in a new era of convenience and efficiency for customers, allowing them to utilize banking se...
Top 6 Foremost Practices for Effective Third-Party Risk Management
The importance of effective third-party Risk Management (TPRM) must be addressed in the current era, where financial organizations' ecosystems are progressively becoming interdependent and complex. The EY Global Third-Party Risk Man...
6 Crucial Attributes to Enhance the Efficiency of Your Regulatory Change Management Process
As a chief compliance officer, you must have encountered compliance failures because of an ineffective regulatory change management process. The root cause could be the frequent regulations throughout the financial industry, includi...
Managing Static Reporting Requirements with a Dynamic Regulatory Change Management Process
In the current financial environment, regulatory compliance stands as a foundation stone. As organizations navigate their ways, they are continuously challenged to adjust to changing regulations. The regulatory change management pro...
How to Build Digital Risk Insights for Successful Risk Management
In the current, swiftly evolving digital environment, every click, swipe, and tap produces valuable data. As we live on the cusp of digitalization, financial enterprises are at a crossroads. On one side, there is the temptation of h...
Explore the Intricate Synergy of Internal Audit and Risk Management
It has been critically observed that a couple of functions stand out for their essential role in safeguarding organizational sustainability and integrity: internal audit and risk management. While each offers a unique realm of oppor...