TEL AVIV, Israel – Operational technology (OT) and cyber and digital risk management solution provider OTORIO has announced they’ve secured the patent for their risk management model and attack graph ...
As organizations integrate data-driven insights into their operations, predictive screening models are emerging as both a ...
Corporate leaders across global markets continue to rely on cybersecurity models designed for a different era. The prevailing ...
AI is reshaping cyber and operational risk in banking — but not always in predictable ways. It offers tools for fraud reduction, threat detection, and operational efficiency. At the same time, it ...
A new model for governance and risk management issued Monday by the Institute of Internal Auditors (IIA) makes major updates to the Three Lines of Defense model that has been popular for years. Called ...
Final draft RTS on establishing a risk taxonomy on operational risk that complies with international standards and a methodology to classify the loss events included in the loss data set based on that ...
The gap between AI and traditional risk modelling is substantial. Traditional models often fall short when dealing with complex, non-linear relationships. In contrast, AI models thrive in detecting ...
The Institute of Internal Auditors has updated its Three Lines of Defense Model to emphasize more active forms of risk management and governance that go beyond merely defensive moves by the internal ...
Following the global financial crisis that began in 2007–08, policy- makers have multiplied their efforts and implemented reforms to strengthen the resilience of the financial sector. But – while ...
The majority of securitization professionals cite operational risk as a leading concern in structured finance transactions, trailing only traditional credit risk as the overriding factor potentially ...