Responses to an annual survey by Origami Risk indicate a marked decrease in risk management activities over the last year. Are we seeing a backslide in risk management prioritization?
Operational risk
The latest operational risk management news, articles, research, and reports.
RIMS, the risk management society, has published a white paper exploring the opportunities that AI provides for audit, risk, and compliance teams as well as looking at the risks that need to be managed.
EY has carried out a survey to explore operational risk and operational resilience maturity in Nordic banks.
The Reserve Bank of India has published ‘Guidance Note on Operational Risk Management and Operational Resilience’.
The Department of Homeland Security has issued ‘Mitigating Artificial Intelligence (AI) Risk: Safety and Security Guidelines for Critical Infrastructure Owners and Operators’.
Mark Jow highlights how shadow AI can introduce risks both to security and reputation and lays out how business leaders can respond to the emerging issue.
On 13th March 2024 the European Parliament endorsed the EU Artificial Intelligence Act, with MEPs voting 523 in favour, 46 against and with 49 abstentions.
The Board of Governors of the US Federal Reserve System has finalised new rules that update risk management and business continuity requirements for certain FMUs.
The Central Bank of Ireland has issued its 2024 Regulatory & Supervisory Outlook Report which sets out its priorities for the next two years. The Central…
Only 38% of organizations taking part in a recent Airmic survey have carried out risk assessments related to the use of artificial intelligence. 50% of organizations…