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Unlocking the Value of Third-party Risk Management | Blog

Everest Group

Organizations are increasingly relying on third parties for various functions to cut costs and leverage external expertise, which can introduce significant security risks. which ultimately enhances the efficiency of the risk management program. which ultimately enhances the efficiency of the risk management program.

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Red Flags On Export Controls and Economic Sanctions

The Global Small Business Blog

©iStock/Suphanat Khumsap Export controls and economics sanction compliance is a key part of any multinational’s international regulatory risk management.

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Building a Resilient Supplier Cyber Risk Management Strategy

Everest Group

Sharing sensitive data with outsourcing providers in today’s interconnected digital world has increased organizations’ vulnerability to cyberattacks, making it more important than ever to have an effective supplier cyber risk management strategy. Not having a formal supplier cyber risk management strategy can cause compliance issues.

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Decoding the EU AI Act: What it Means for Financial Services Firms | Blog

Everest Group

However, this unprecedented growth has also raised concerns about the potential risks associated with the unchecked use of AI, prompting the need for regulations to ensure the responsible development and deployment of these powerful technologies.

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Revolutionizing Risk: Exploring Actuarial Outsourcing in Insurance | Blog

Everest Group

This flexibility ensures actuarial tasks are handled quickly and continuously, guaranteeing smooth operations even in the face of unforeseen resource constraints Challenges with outsourcing actuarial services Next, we explore the obstacles insurers may face, as illustrated below: Financial challenges Accuracy and timeliness: Outsourcing partners may (..)

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Unveiling Hidden Dangers: Proactive Measures to Address Cloud Migration Risks | Blog

Everest Group

Uncover the risks and learn recommendations to address them in this blog. Understanding these potential pitfalls and developing a comprehensive plan to mitigate them will ensure enterprises reap the many benefits cloud offers.

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Navigating the Evolving Private Equity Landscape: Driving Value from Technology and Collaborative Ecosystems | Blog

Everest Group

Regulatory compliance – With stricter regulations, the due diligence required before making investments has become more complex and thorough. Service providers are poised to deliver comprehensive solutions that encompass risk management, compliance adherence, and the integration of cutting-edge technologies such as AI and cloud computing.