Remove Application Remove Financial Services Remove Insurance Remove Risk Management
article thumbnail

The Best Risk Management Software to Consider for 2021 and Beyond

Solutions Review

Solutions Review’s listing of the best risk management software is an annual mashup of products that best represent current market conditions, according to the crowd. To make your search a little easier, we’ve profiled the best risk management software providers all in one place. The Best Risk Management Software.

article thumbnail

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. However, the evidence was inconclusive so their strategy continued unchanged.

Banking 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.

article thumbnail

What is Vendor Risk Management (VRM)? The Definitive Guide

Reciprocity

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

article thumbnail

6 Ways AI is Transforming the Finance Industry

Advancing Analytics

A report by Citigroup , showed that after the technology sector, the financial services industry is the biggest spender on AI services and is experiencing exponential growth. Interestingly, the insurance sector has 100% live machine learning applications in use. Risk Management. Fraud Detection.

article thumbnail

Customer Insights 2023: Fusion’s February Community Exchange Round Up

Fusion Risk Management

During this Community Exchange session, we discussed a few approaches that you can take to ensure that your employee records are current.

article thumbnail

How CISOs Can Reduce Third-party Attack Vectors

Pure Storage

The Third-party Vector Risk From the hackers’ perspective, it’s easy to see the appeal of reaching targets indirectly through vendors and cloud providers. Cybercriminals know that big attractive targets like major financial services and healthcare organizations will have robust defenses around their own assets.

Audit 52