Author: erma

Navigating generative AI risks and regulatory challenges A benchmarked view of emerging risks “Generative AI was the second most-frequently named risk in our second quarter survey, appearing in the top 10 for the first time,” said Ran Xu director, research...

Managing Data Security Risks of AI Technology In recent months, artificial intelligence has generated widespread interest and conversation as tools like ChatGPT demonstrate a wide range of personal and professional applications. Perhaps equally important to this discussion, however, is an...

The Future of ERM: Integrating AI, Automation, and Human Expertise In an era characterized by rapid technological advancements and an increasingly complex business landscape, Enterprise Risk Management (ERM) is undergoing a profound transformation. The integration of Artificial Intelligence (AI), automation,...

How AI is Revolutionizing Cybersecurity Risk Assessment for Businesses In the modern digital world, businesses encounter highly advanced cyber threats that can severely disrupt their operations, finances, and reputation. To stay ahead of cybercriminals and protect sensitive data, organizations are...

A Poor Balance of Interests: The Crucial Role of Corporate Directors Written by Amani Tuntufye, Principal Officer of TAPEX Reinsurance Brokers Ltd, Tanzania. “Anybody can manage short. Anybody can manage long. Balancing those two things is what management is”. Jack...

6 Tips for Improving Network Security In recent years, the rising cost of cyber insurance premiums has become a major concern for enterprises of all sizes. This rate environment has been driven, in part, by the drastic increase in cyberattack...

Key Cybersecurity Threats To Watch For Cybercrime has become more lucrative and is occurring more frequently than ever before. Owing to our growing dependence on technology, a ransomware attack now hits an organization every 11 seconds. Simply put, the more...

Embracing Disruption, Managing Risk: Strategies for Navigating Emerging Technology Landscape In an era defined by rapid technological transformation, organizations are confronting an intricate disruption while managing the associated risks. The emerging technology landscape offers boundless opportunities, but with it comes...

Risk, Resilience, and the Rise of Emerging Technologies: Preparing for the Future In today’s rapidly changing business landscape, the link between risk management, resilience, and emerging technologies has never been more pronounced. The arrival of digital innovations, from AI-driven analytics...

Celebrating Excellence in Risk Management: ERMA Announces Winners of ASEAN Risk Awards 2023 SINGAPORE, July 7, 2023 — Enterprise Risk Management Academy (ERMA) has revealed the esteemed winners and runners-up of the ASEAN Risk Awards 2023. Following intense competition from...