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Tag: enterprise risk management

Lumentum appoints Jae Kim as senior VP, general counsel & secretary

News: Optoelectronics 4 March 2024 Lumentum Holdings Inc of San Jose, CA, USA (which designs and makes optical and photonic products for...

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OptimEyes.AI Showcases ROAR™ (Risk Orchestration Automation & Response) at the Gartner® Security & Risk Management Summit 2023

OptimEyes.AI's ROAR AJ Sarkar, OptimEyes’ Founder & CEO, says “ROAR can benefit any organization by enhancing whatever risk management capabilities it...

Data Governance: How Can It Be a Crucial Enabler for Managing Data Risks?

In July 2021, one of the world’s leading banks revealed a loss of $5.5 billion due to a default by one of its customers....

Forrester Study Reveals Businesses Are Insufficiently Prepared to Manage Enterprise Risks

NEW YORK, March 9, 2023 /PRNewswire/ -- Dataminr, one of the world's leading AI companies, today released a commissioned study conducted by Forrester Consulting to evaluate the...

HiveWatch Adds Jamie Howard to Board of Directors, Formalizes Board of…

HiveWatch Logo Our dedicated and talented advisory board members are passionate about helping companies scale while building industry-leading products, and will provide...

Community Banks and Credit Unions Can Manage Fraud and Compliance Risk Management in a Single Soluti (Stan Cowan)

It is becoming increasingly harder to delineate between fraud risk and compliance risk. The speed with which identity fraudsters and money launderers move to...

Best’s Commentary: Corporate Governance Lessons for Insurers in the Wake of the Failure of FTX

SINGAPORE–(BUSINESS WIRE)–The collapse of the cryptocurrency exchange FTX highlights the importance of effective corporate governance, according to a new AM Best commentary. The Best’s Commentary,...

Building a Business Plan for a Challenging Geopolitical Situation (Ravi Vasantraj)

The war in Ukraine has disrupted global markets and the resulting economic sanctions on Russia have impacted supply chains globally. Its impact is being...

OptimEyes.AI and Intuitive.Cloud Announce Strategic Partnership

OptimEyes.ai + Intuitive.Cloud We are pleased to support Intuitive’s clients’ efforts to accelerate digital transformation and cloud migration by providing a...

What Does the Collapse of FTX Mean for the Future Of Crypto?

The past two weeks were “one of the darkest in the history of cryptocurrency.” The sudden collapse of Sam Bankman-Fried’s crypto empire FTX has reverberated...

Empower Your Third Line of Defense for Effective Data Governance

Data Governance practitioners must incorporate all aspects that bind data to the organization. Internal audit, referred to as the third line of defense against risk, should actually be top of mind for implementing effective governance programs.  The “Three Lines of Defense” model is an industry-recognized approach to enterprise risk management. The ultimate goal is to […]

The post Empower Your Third Line of Defense for Effective Data Governance appeared first on DATAVERSITY.

How technology changes Enterprise Risk Management?

How technology changes enterprise risk managementEnterprise Risk Management (ERM) refers to businesses’ techniques and procedures to manage hazards and seize opportunities to achieve their goals. ERM is an architecture for risk management that comprises five main elements: Continuity of operations, prevention and detection, response, mitigation, and recovery. It follows a structure based on identifying key

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