The next evolution in risk management is designing risk intelligence directly into supplier strategies. This means using ...

There has been a lot of conversation over the years about risk management; this has included its importance and how to do it. Unfortunately, all this conversation has taken place separately, and there ...

Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...

As institutions explore generative AI for transaction monitoring, sanctions screening and KYC processes, questions about ...

The inexorable advance of new technologies; artificial intelligence (AI), machine learning (ML), big data and cloud computing are transforming financial institutions and markets. Machine learning in ...

There always has been a level of risk in the activities and functions of a university. Changing external and internal environments affect the way we now think about and manage risks. For example, we ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. First coined by Bruce Schneier in his book Beyond Fear, the term "security theater" has ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The European Banking Authority is looking at ways to speed up the process of supervisors – such as the European Central Bank – approving significant updates to credit risk capital models, according to ...