One of my favorite consulting clients is an outdoor clothing retailer. It's a highly seasonal business -- summer and winter gear are different, obviously. But fashions, styles and popular color ...

The three lines model is a risk management approach to help organizations identify and manage risks effectively by creating three distinct lines of defense. Also known as the three lines of defense ...

As AI systems become more capable of acting independently, organizations need guardrails designed specifically for autonomy.​ ...

Consider a generative AI-powered solution that reduces the time required to test a control from 20 hours to just five. For risk management functions, such as internal audit, SOX reporting, and ...

Newswise — Why do seemingly effective management teams at times make horrible risk decisions under uncertainty? Analytical models can only take us so far. A combination of decision-maker behaviors ...

Third-party risk management isn't new, but what counts as a third party when an AI agent or a community of agents becomes ...

Key insight: Joint guidance from the Federal Reserve and Office of the Comptroller of the Currency on managing model risk leaves many concerns about artificial intelligence, and especially agentic AI, ...

The recent wildfires in Los Angeles have once again underscored the devastating impact of climate and natural catastrophe risk on insurers and communities. As losses from natural disasters escalate, ...

Cybersecurity risk management identifies data and network risks and how to defend against them. Learn best practices for ...

Securing AI must be designed into the AI journey from the first use case, the first dataset and the first decision about autonomy.​ ...