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.
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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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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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.
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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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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The Case for a Government Chief Risk Officer (From the Extreme Risk Podcast)
Risk Guide
SEPTEMBER 2, 2022
Risk Guide is delighted to bring a very special short episode from the very first series of our Extreme Risk Podcast in collaboration with Runderc. For further information about Mykhailo and his career, you can find the Risk Managers Getting Coffee series on: [link]. About the Podcast.
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Climate change as risk management strategy determinant
Risk Guide
JULY 24, 2022
For some EU countries, it will soon become mandatory to highlight climate risk management principles and approaches in annual reports. A unified approach to climate risk management is therefore becoming a topic of great importance to MNEs and their stakeholders, including regulators, investors, shareholders, and society.
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.
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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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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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.
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.
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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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.
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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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.
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.
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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Responsible AI can revolutionize tax agencies to improve citizen services
IBM Business Partners
MAY 31, 2024
But the rates of exploration of AI use cases and deployment of new AI-powered tools have been slower in the public sector because of potential risks. Driving innovation for tax agencies with trust in mind Tax or revenue management agencies are a part of the public sector that might likely benefit from the use of responsible AI tools.
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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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Environmental, Social and Governance (ESG) and Climate Risk Investing – You must be kidding me?!
Perficient Digital Transformation
AUGUST 15, 2024
– These are the exact words (with a couple of expletives, that I cannot quote here) – a senior fund administrator from a large investment firm uttered when we were presenting about environment aware financial risk management. How does it impact me?
Government 52
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Environmental, Social and Governance (ESG) and Climate Risk Investing – You must be kidding me?!
Perficient Digital Transformation
AUGUST 15, 2024
– These are the exact words (with a couple of expletives, that I cannot quote here) – a senior fund administrator from a large investment firm uttered when we were presenting about environment aware financial risk management. How does it impact me?
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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.
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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.
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How to become an AI+ enterprise
IBM Services
MARCH 4, 2024
Security, governance, risk and compliance mechanisms are essential not only for governing AI but also for managing the IT estate running AI, providing evidence for regulatory compliance. The scale and impact of next-generation AI emphasize the importance of governance and risk controls.
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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.
A smarter way to think about public–private partnerships
McKinsey and 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.
AI-Powered Statutory Compliance Solution Revolutionizing the Relationship Between Government and Business
Paysquare
APRIL 30, 2024
Introduction of AI-Powered Statutory Compliance Solution Integrating Artificial Intelligence with compliance procedures in a business has revolutionized the way that businesses and government operate – it makes them both effective and efficient. It revolutionizes traditional processes by automating tasks and enhancing accuracy.
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How Secure Is The Data In Microsoft 365?
31 West
JUNE 5, 2023
Microsoft Purview Information Protection enables people to identify, govern, and protect users’ sensitive data within the systems and during transmission. The machine-learning capabilities with AI-powered security tools give detailed risk-management insights, allowing businesses to prevent insider threats.
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Ways RPA Improves Efficiency of GRC Activities
V-Soft Consulting
MAY 20, 2021
One such critical business function is Governance, Risk, and Compliance (GRC). The Enterprise Governance, Risk Management, and Compliance Market was valued at $31.95 To drive automation efforts, RPA has been a main strategy for many business functions to drive efficiency at optimal costs.
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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.
Government 52
52 
What Is GRC and How to Maximize It
Automation Anywhere
NOVEMBER 17, 2020
GRC stands for governance, risk, and compliance. It’s a strategy for integrating an organization’s management of its governance, risk, and compliance initiatives with regulations. It can also assist with managing security, quality, ethics, and values and support business continuity. Who uses GRC?
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 Robotic Process Automation (RPA) or Intelligent Automation has become the core enabler for advanced accuracy and transparency in the public sector service delivery and performance.
Government 52
52 
Diversity in Corporate Governance: A Bold Move Toward Sustainable Business
NoonDalton
JULY 10, 2023
Despite the best of intentions, boardrooms often remain as bastions of homogeneity, unreflective of the diverse workforce they govern and the multifaceted clientele they serve. With increasing emphasis on Environmental, Social, and Governance (ESG) aspects, diversity has become a key element of corporate governance and risk management.
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