Regulatory bodies create and supervise the compliance rules that are mandatory for banks and other financial institutions. It is critical for organizations to strictly abide by these regulations. Noncompliance can turn into hefty pe...

The rise in cloud computing, fintech solutions, and increased reliance on interconnected systems has exposed banks and financial organizations to various vulnerabilities that can have far-reaching consequences. Understanding and manag...

Cybersecurity and IT risk management have become quite critical for modern banking operations. Increasing reliance on technology has brought in a new era of convenience and efficiency for customers, allowing them to utilize banking se...

Third-Party relationships have become critical undeniably in the current era, where financial organizations' ecosystems are progressively becoming intertwined. This interconnectivity comes with a complex web of risks that organization...

The importance of effective third-party Risk Management (TPRM) must be addressed in the current era, where financial organizations' ecosystems are progressively becoming interdependent and complex. The EY Global Third-Party Risk Man...

Improved Third-Party Risk Management (TPRM) can have very positive effects on a business, as emphasized by the takeaways of the 2023 Global Third-Party Risk Management Study. 9 in 10 participants revealed that their companies invest...