Risk Management
Navigating the implementation of post-model adjustments (PMAs) under the International Financial Reporting Standard (IFRS) 9 is a sophisticated challenge for financial institutions, particularly in today's unpredictable economic landscape. PMAs have risen in importance as financial entities strive to compensate for the limitations inherent in
The year 2024 has witnessed an alarming rise in data breaches, surpassing previous records and posing significant risks to industries and consumers alike. With cyber threats becoming more sophisticated and targeted, the need for robust cybersecurity measures and stringent regulatory frameworks has never been more critical. This article delves into
In an era where cyber threats are becoming increasingly sophisticated, the need for advanced fraud prevention measures has never been more critical. ThreatMark, a Czech Republic-based company specializing in behavior-based fraud prevention, recently announced it had secured $23 million (€22 million) in a funding round. This impressive round
In today's rapidly changing world, businesses face an unprecedented array of risks that threaten their operations and long-term viability. From the increasing frequency of cyberattacks to the growing impact of climate change, the modern risk landscape is more volatile and interconnected than ever before. This article explores how businesses can
In today's rapidly evolving financial landscape, the need for financial institutions to modernize their data management systems, enhance data quality, and implement robust data governance practices has never been more urgent. This necessity is driven by increasing regulatory demands, shifts in market complexities, and the rapid pace of