From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

Aki Eldar is the CEO and co-founder of Mirato, provider of an AI-enabled third-party risk management (TPRM) intelligence platform. From cyberattacks and supply chain crises to rising inflation and the ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Severe weather conditions have a tremendous impact on our power grid as well as downstream costs for people, property, and brands that are costly and time-consuming to recover from. For example, ...

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...

Most organizations are transitioning, or have already transitioned, to a risk-based approach to security management. However, many of those IT risk management practices still suffer from a degree of ...

Risk is inherent in any business operation and good risk management is essential if you're going to identify and stop revenue leakage from your business. Of the various types of risks your business ...

Once the risk team has been assembled, the crucial process of identifying risks must commence. The output of the risk ...