In the IRM’s Risk agenda 2025 survey, there were two seemingly incompatible findings – that the number of risk managers is expected to go up, but also that the increased use of artificial intelligence (AI) is likely to threaten Read more

While the winter storms that hit the UK and Europe in the last week of February may have temporarily raised the spectre of traditional risks to business continuity, these are still being overtaken on the corporate ‘worry list’ by Read more

Spreadsheets and other end-user controlled applications (EUCs) are core elements in most companies’ financial reporting and operational processes. What is alarming is that one inadvertent error in these critical files can have material consequences.

Although EUC risk is very Read more

The first training lesson I received on the topic of corporate failure when I joined Arthur Andersen as an external auditor over two decades ago, which included two primary reasons why companies failed: fraud and cash flow. Some years Read more

While model validation as part of the Solvency II IMAP is now considered “business as usual” by insurers, there is more uncertainty around using model risk management (MRM), according to the latest guidance from the IRM’s Internal Model Industry Read more

By Abhishek Paul IRMCert, IRM Ambassador for India, Associate Vice President: Natwest Markets Controls Assurance Lead, RBS Business, India

An effective risk culture is one that enables and rewards individuals and groups for taking the right Read more

By Abhishek Paul

What’s the first thing that comes to your mind when you think about risk? Maybe something that might impact your physical, financial or emotional wellbeing. To some extent you might be right.

So what do you Read more