The latest enterprise risk management news from around the world
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Nick Denning, CEO of IT consultancy Diegesis and veteran of multiple public sector IT transformation projects, shares his thoughts on what makes a successful risk awareness strategy.
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A new report issued by the Association of International Certified Professional Accountants and North Carolina State University's Enterprise Risk Management (ERM) Initiative has looked at the state of ERM in US organizations.
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Peter Ruffley explores the ethical issues affecting the corporate adoption of AI, the importance of trust and the need for robust data sets that support robust bias checking.
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The Chartered Institute of Internal Auditors has published a new survey-based report which finds that the risk level posed by economic uncertainty is now viewed as high or very high by over half of all businesses in the UK and Ireland.
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A new paper from the Institute and Faculty of Actuaries (IFoA) and the University of Exeter claims that current climate-scenario models used within the financial services sector are ‘significantly underestimating climate risk’.
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With various lawmakers across the globe proposing regulations and guidance on large language model (LLM) tools, such as ChatGPT and Google Bard, Gartner, Inc. has identified four critical areas for general counsel (GC) and legal leaders to address.
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Despite 84 percent of businesses claiming to prioritize third-party risk management, more than 40 percent have insufficient visibility into their digital supply chain.
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AI is set to transform the way companies manage their key business functions – risk and compliance included, says Craig Adams. In this article he explores the opportunities and the challenges that need to be addressed by GRC teams.
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The US National Institute of Standards and Technology (NIST) is launching a new public working group on generative artificial intelligence (AI) that will build on the NIST AI Risk Management Framework to address this rapidly advancing technology.
- Central Bank of The Bahamas sets out enterprise risk management guidance which regulated entities must comply with
- Failure to act ethically is an increasingly damaging risk for organizations
- OSFI launches Climate Risk Forum for Canada’s financial sector
- 2023 SONAR report highlights emerging and future risks
