NIST AI Risk Management Framework 1.0 — What It Means For Enterprises
Forrester Digital Transformation
FEBRUARY 7, 2023
Forrester provides guidance on how to succeed with AI governance with the NIST’s AI RMF 1.0.
Unlocking the Value of Third-party Risk Management | Blog
Everest Group
JULY 23, 2024
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.
Risk Management 
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Building a Resilient Supplier Cyber Risk Management Strategy
Everest Group
APRIL 28, 2022
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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Risk Management Data Strategy – Insights from an Inquisitive Overseer
Perficient Digital Transformation
AUGUST 19, 2024
Though this seems to be at a stage where some more push is required in terms of adoption in the risk management function. Traditional risk managers, by their job definition, are highly cautious of the result sets provided by the analytics teams.
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Red Flags On Export Controls and Economic Sanctions
The Global Small Business Blog
MARCH 26, 2024
©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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Setting The Record Straight On The Third-Party Risk Management Market
Forrester Digital Transformation
FEBRUARY 7, 2022
Third-party risk management (TPRM) is high on the list of business priorities and risk management priorities, and that’s a good thing.
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Risk Managers Getting Coffee: Episode 1
Risk Guide
MARCH 23, 2021
In this series of Risk Managers Getting Coffee, we’ll be meeting with seven Risk Managers to gain insight into their risk experiences, areas of expertise and to learn more about risk management in the country they work in. Gregory is pro soft skills and breadth in risk management.
4 steps to improving your ESG risk management to increase financial performance
IBM Services
APRIL 25, 2023
Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. Focusing on ESG Risk Management can help your organization become more profitable, and your organization can start on this journey today.
The Rise of Cloud Marketplaces as a Procurement Channel for Software, SAAS, and Services Solutions | Blog
Everest Group
DECEMBER 18, 2024
Integration with back-office systems further streamlines governance Private offers for tailored solutions Private offers allow customized pricing and terms through direct negotiations between buyers and third-party providers. These features empower businesses to optimize their spending and achieve better value for money.
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Decoding the EU AI Act: What it Means for Financial Services Firms | Blog
Everest Group
MAY 24, 2024
Crucially, a cross-functional team should be formed to oversee AI risk management, drive compliance efforts, and execute mitigation plans across the organization. By taking these steps, enterprises can future-proof their AI initiatives while upholding the standards set forth by the landmark regulation.
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A New Wave Of Governance: Automation Within The Public Sector
Zinnov
JANUARY 31, 2023
In essence, considering the immense records and public assets maintained by various government agencies, digitization, specifically Intelligent Automation within Robotic Process Automation (RPA) has become the core enabler for advanced accuracy and transparency in the public sector service delivery and performance.
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Preparing for the EU AI Act: Getting governance right
IBM Services
FEBRUARY 8, 2024
” European Parliament News The EU AI Act in brief The primary focus of the EU AI Act is to strengthen regulatory compliance in the areas of risk management, data protection, quality management systems, transparency, human oversight, accuracy, robustness and cyber security.
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What makes a great Risk Manager?
Risk Guide
SEPTEMBER 7, 2022
Views from Risk Professionals across the world. During the recording of “Risk Managers Getting Coffee” which can be found on YouTube HERE as well as on our website here , a few discussions came up with a recurring theme. One was the question of what makes a great risk manager. Are there examples?
What really lies in the Future of Risk Management?
Risk Guide
NOVEMBER 15, 2020
By Horst Simon, The Risk Culture Builder. Maybe the time has come to finally take the people side out of Risk Management—let us change the Basle definition and say Operational Risk is just systems, processes and external events, that is anyway the perception that was followed by most in the world.
A look into IBM’s AI ethics governance framework
IBM Services
DECEMBER 4, 2023
Yet while 79% of executives say AI ethics is important to their enterprise-wide AI approach , less than 25% have operationalized ethics governance principles. Looking forward Using the framework described above, IBM advances ethical AI governance through its product offerings. and/or its affiliates in the U.S.
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Becoming a Customer of Choice: How to Boost Your Supplier Relationships | Webinar
Everest Group
SEPTEMBER 20, 2022
Now, as companies seek to drive value from their strategic supplier relationships, a broader range of activities are involved in supplier relationship management (SRM), including risk, performance, and governance. How can organizations build guiding principles and frameworks across supplier stratification and governance?
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The Singapore Outsourcing Register: Obstacles and Suggestions to Meet this Regulatory Requirement from a Risk Management Perspective
SIG Speaks
MAY 4, 2023
SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate William Chanto Castro shares the tricks to overcoming the obstacles to meeting risk regulations and requirements. MAS, 2016, p.9). The C3PRMP program was created by Linda Tuck Chapman, an advisor, educator, author and expert.
How to use foundation models and trusted governance to manage AI workflow risk
IBM Services
OCTOBER 16, 2023
This is where AI governance comes into play: addressing these potential and inevitable problems of adoption. AI governance refers to the practice of directing, managing and monitoring an organization’s AI activities. It can be used with both on-premise and multi-cloud environments.
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Contracts Hold the Key to Proactive Risk Management
SirionLabs
AUGUST 22, 2022
The Disconnect Between Contracting and Risk Management Surprisingly, knowledge of contract risk is limited among enterprises. This can be attributed to the fact that companies have largely relied on manual processes or point solutions and siloed risk management processes in their effort to mitigate risk.
Contracts Hold the Key to Proactive Risk Management
SirionLabs
AUGUST 22, 2022
The Disconnect Between Contracting and Risk Management. Surprisingly, knowledge of contract risk is limited among enterprises. This can be attributed to the fact that companies have largely relied on manual processes or point solutions and siloed risk management processes in their effort to mitigate risk.
Why organizations need to adopt an Integrated Third-Party Governance and Risk Management approach?
SIG Speaks
APRIL 4, 2023
SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. A report from Deloitte titled 'Third-party governance and risk management.
The US Government Is Here And Really Wants To Help Protect You From Ransomware
Forrester Digital Transformation
MARCH 27, 2023
This is the CISA’s ransomware-centric take on external attack surface management for critical infrastructure.
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The Future of Supplier Management: How Technology Can Be Your Competitive Advantage | Webinar
Everest Group
JUNE 1, 2023
You’ll learn how to integrate technologies across the supplier management lifecycle and choose the right tools to enhance your supplier management function. Which activities can be impacted by technology under supplier lifecycle management? What questions will the webinar answer for the participants?
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How financial institutions can improve their governance of gen AI
McKinsey & Company
MARCH 27, 2025
A comprehensive scorecard can help companies redesign their risk governance frameworks and practices for gen AI and harness the power of this transformative technology.
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IAOP GOV20: Rethinking Governance
Neo Group
SEPTEMBER 24, 2020
It’s a big year for governance. COVID-19 has influenced thinking and spurred action among governance leaders. In this panel, leaders from the financial and insurance sectors discuss how regulations and compliance have to increasingly be included in ongoing governance. We are a proud sponsor. No industry is immune to it.
Government 52
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Risk Managers Getting Coffee: Episode 5 – Part 1 – (From Canada to Qatar and what its like working in Qatar )
Risk Guide
APRIL 25, 2022
This Episode of Risk Managers Getting Coffee was filmed in Qatar with Aarn Wennekers speaking about his career from Oil and Gas in Canada to getting an education in a field that interested him before moving to Qatar and progressing from Audit to Governance and Risk Management.
Creating a more resilient and responsive government
McKinsey & Company
MARCH 16, 2021
The pandemic has put demands on the public sector that are likely to increase.
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You can make a difference and shape the future of Risk Management!
Risk Guide
FEBRUARY 7, 2022
Volumes have been written on the cause of the crisis the world is in, surveys have been done and many fingers are pointing in every direction—a couple of these are pointing straight at us, the Risk Professionals. It is time to renovate risk management. The basic Risk Management process cycle is one of those.
Unlocking the Power of ServiceNow GRC: Top Use Cases
V-Soft Consulting
JANUARY 17, 2024
GRC (Governance, Risk, and Compliance), is an operational strategy dedicated to handling an organization's governance, risk management, and compliance in alignment with industry and government regulations.
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Enterprise Risk Pros Pivot From Compliance To Driving Faster, Better Decisions
Forrester Digital Transformation
FEBRUARY 3, 2022
The average firm’s list of business and risk management priorities looks very different today than it did two years ago. For starters, according to Forrester data, 43% of enterprise risk management (ERM) decision-makers report having experienced three or more discrete critical risk events over the past 12 months.
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Enterprise Generative AI Adoption: Risk Evaluation for Competitive Advantage | Blog
Everest Group
OCTOBER 31, 2023
This framework involves prioritizing use cases, assessing adoption risks, identifying suitable providers, adapting existing operating models, providing effective governance and change management, and reviewing performance against expectations.
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Beyond the Hype: Approaching Gen AI in BFSI Enterprises with the Generative AI-EXCEL Framework | Blog
Everest Group
MARCH 19, 2024
Lead AI Change Management and Governance: Strong data governance can help address some of the concerns related to source attribution and confidence levels in data and foster trust in Gen AI outcomes. Enable AI : Embarking on AI initiatives demands the expertise of AI experts to define a clear vision and strategy.
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A smarter way to think about public–private partnerships
McKinsey & Company
SEPTEMBER 10, 2021
For governments pursuing public–private partnerships for large infrastructure projects, capitalizing on the risk-management capabilities of the private sector could be a more efficient and effective approach.
Business Benefits and Adoption of ServiceNow GRC
Perficient Digital Transformation
OCTOBER 12, 2022
GRC is an acronym for Governance, Risk, and Compliance. Per ServiceNow’s definitions, Governance : The frameworks of an organization’s activities and whether they are aligned with business objectives. Activities include processes, structures, and policies that are meant to manage and monitor company activities.
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Will Ukraine’s Invasion Have a Domino Effect on Other Geopolitical Equations? | Blog
Everest Group
MARCH 31, 2022
The Russian military action in Ukraine has already significantly impacted thousands of services jobs in this region, but the potential reverberations to nearshore European countries and the larger global services industry could be far more damaging – making it essential to integrate geopolitical risk management in your decision-making now.
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Intelligent Automation Driving Government Digital Transformation
Zinnov
JANUARY 31, 2023
In essence, government digital transformation is being bolstered by Intelligent Automation , specifically Robotic Process Automation (RPA), which is enabling advanced accuracy and transparency in the public sector service delivery and performance. This has led to a 90% increase in their rate of processing court orders.
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What Is Government Digital Transformation & How Does It Work?
Metasource
MARCH 1, 2022
Digital transformation is not a new concept to government agencies, but their efforts to achieve it are changing. Over the last 20 or so years, the government sector has advanced digitally on many levels – from the early days of e-government initiatives during the dot-com boom to the establishment of digital service teams.
Government 52
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An Introduction: Generative AI Use Cases for the Financial Services Industry
Perficient Digital Transformation
AUGUST 3, 2023
Highly regulated industries, such as the financial services industry, are especially interested in generative AI’s capabilities surrounding how it can support ever-transient regulatory and data governance demands.
Top Reasons Why You Should Consider India For Your IT Outsourcing
Groove Technology
MAY 7, 2024
This experience translates into better risk management, compliance, and understanding of global market nuances for their clients. For instance, a report by NASSCOM highlights that Indian IT firms are not only adept at navigating complex project requirements but also excel in compliance and risk management.
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How BPO Philippines Improve the SMEs Data Governance
Magellan Solutions
AUGUST 26, 2021
Data Governance is Critical for SMEs Wherein BPO Philippines Helps to Improve. Competitive organizations from industry players to startups and SMEs utilize BPO Philippines when it comes to data management services. . How SME Can Improve Their Data Governance Through Data Management Outsourcing. Increase the value of data.
Government 52
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Procurement Outsourcing (PO) – Service Provider Landscape with Services PEAK Matrix® Assessment 2022
Everest Group
SEPTEMBER 14, 2022
Providers are also developing capabilities in emerging areas such as Environment, Social, and Governance (ESG) initiatives, risk management, and direct spend management.
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IT Security Services PEAK Matrix® Assessment 2022 – North America
Everest Group
SEPTEMBER 14, 2022
At its end, the US federal government has taken a serious stance against cybercriminals and has been proactively making laws on a range of security challenges, such as Operational Technology (OT) security and data privacy laws such as the California Consumer Privacy Act (CCPA). Building a Resilient Supplier Cyber Risk Management Strategy.
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Updating A Third-Party Risk Management Program
SIG Speaks
MAY 11, 2023
SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Nathan Coffet discusses the process of updating a Third-Party Risk Management program and the benefits it can have. Benchmarking programs help when arguing for resources and business attention.
SVB Aftermath: How Will the Bank Failures Impact the Technology Services Industry? | Blog
Everest Group
MARCH 16, 2023
Banks’ risk management functions also will be scrutinized again. For example, only one of the seven members of SVB’s Risk Committee had risk management experience. Declining customers and subsequent deposits will also affect other banking portfolios, and digital and technology transformation spend may take a hit.
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