Insights

MIT Unveils Comprehensive AI Risk Database

The Massachusetts Institute of Technology (MIT) has introduced a new resource on artificial intelligence. This new AI Risk Repository, which features over 700 meticulously cataloged entries, represents a significant advancement in the consolidation and comprehension of the multifaceted risks associated with AI deployment.

Survey Reveals Compensation Trends for Chief Compliance Officers Across Various Sectors

The latest survey conducted by BarkerGilmore provides a revealing look into the compensation trends for Chief Compliance Officers (CCOs) across public companies, private companies, and non-profit organizations. As compliance professionals navigate an increasingly complex regulatory environment, understanding these compensation patterns offers valuable insight into the evolving priorities of organizations across various sectors.

Strengthening KYC through Integrated Third-Party Risk Management Practices in Financial Institutions

Banks and investment firms face a multitude of risks - from financial and regulatory to reputational and legal. To address these challenges effectively, institutions must have a comprehensive understanding of not only their internal risks, but also the risks presented by their third-party vendors, suppliers, and clients.

The European Accessibility Act: Reshaping Digital Inclusion Across the EU

In the ever-evolving landscape of digital technology, the European Union has taken a bold step towards ensuring universal access with the European Accessibility Act (EAA). Enacted in June 2019, this groundbreaking legislation represents a paradigm shift in how businesses approach digital accessibility, extending far beyond the scope of its predecessor, the 2016 Web Accessibility Directive.

Navigating Supply Chain Risks: The Imperative for Resilience Amid Disruptions

In the grand, unpredictable theater of global commerce, supply chains are the delicate threads that hold the whole show together. But lately, it seems like these threads are fraying, snapping, and occasionally tying themselves into impossibly complicated knots. With shipping routes turning into obstacle courses and third-party services acting like temperamental divas, the need for resilience in supply chains isn’t just a trendy buzzword—it’s a matter of survival.

Navigating Risk & Resilience: Balancing Complexity & Cost in GRC Solutions

When it comes to operational resilience and continuity, as well as broader GRC, many options for solutions are available in the market. Selecting the right solution is critical, as many choices lead organizations down the road of complexity and cost—not just in implementation, but also in ongoing maintenance, management, and user experience. Organizations need operational resilience and continuity solutions that are highly resilient, efficient (in both human and financial capital), effective, integrous, accountable, and agile to the needs of dynamic and distributed businesses.

Insights from the 2024 IBM Security Report

In an era where digital transformation is accelerating at an unprecedented pace, the cybersecurity landscape is evolving just as rapidly. The latest Cost of a Data Breach Report from IBM Security sheds light on the complex challenges organizations face in 2024, revealing both concerning trends and promising solutions.