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Risk Management tag returned 1018 results

  • Third-party risks are changing and the risk management must change as well

    According to new research by Garner, twice as many compliance leaders have identified third-party risk as a top threat, as compared to last year. The fundamental nature of third-party risk has changed, leading companies to experience greater variability in the maturity of their third-party network, these third-parties working with an increasing number of third-parties themselves and increased third-party access to organizational assets.

    Asia Risk | 21 Aug 2019
  • Total cost of risk up by 2% in 2018 due to rising insurance rates

    Businesses and organisations paid nearly 2% more in 2018 than they did in 2017 to cover the total cost of risk (TCOR), according to the 2019 Risk and Insurance Management Society (RIMS) benchmark survey.

    Asia Risk | 21 Aug 2019
  • Banking and critical infrastructure most targeted by cybercriminals in 2018-19

    A recent study by IT major Cisco has said that India was the most attacked nation in the IoT space during the last quarter, with financial services and transportation sectors seeing the highest number of breaches.

    Asia Risk | 21 Aug 2019
  • China: Increased bank stock holdings by insurers heighten concentration risk

    Linkages between China's banks and insurers are strengthening, with major banks set to raise large amounts of capital over the next 18 months, notes S&P Global Ratings. Insurers are natural buyers of the banks' capital instruments, which offer yield, duration, and supportive regulatory settings.

    Asia | 21 Aug 2019
  • Dietary changes with focus on plant-based foods must to arrest climate change

    A United Nations (UN) report on effects of climate change says dietary changes, featuring plant-based foods and sustainable animal-sourced food, could free up land and cut emissions. It says global meat consumption must fall to curb global warming, reduce growing strains on land and water and improve food security, health and biodiversity.

    Asia Risk | 14 Aug 2019
  • Major flaw discovered in iOS devices

    Security researchers have discovered a flaw that would allow databases to become compromised and inflict malicious code on devices running iOS, Android, and more.

    Asia Risk | 14 Aug 2019
  • US-China tensions: unmanned military craft raise risk of war

    The immediate danger from militarized artificial intelligence isn't hordes of killer robots, nor the exponential pace of a new arms race.

    Asia Risk | 14 Aug 2019
  • General insurer to protect Malaysian businesses from cyber risks

    Designed to protect Malaysian businesses from cyber risks proliferating in the ASEAN region, 'Cyber SafeGuard' is a new insurance product introduced by MSIG Malaysia in collaboration with cyber insurance specialist MS Amlin. Both insurers are members of the MS&AD Insurance Group, considered as one of the largest general insurance groups in the world.

    Asia | 13 Aug 2019
  • Economic recession predicted in 9 months amid escalated US-China trade war

    If the US continues to raise a wall of tariffs on Chinese goods in the coming months and China responds, expect a global recession in three quarters, investment bank Morgan Stanley has said.

    China | 09 Aug 2019
  • ASEAN Disaster Risk Financing and Insurance plan enters 2nd phase

    Nanyang Technological University (NTU) Singapore and the ASEAN Secretariat have launched a three year disaster risk reduction plan that aims to strengthen the financial resiliency of ASEAN member states in the face of natural disasters.

    Asia Risk | 07 Aug 2019