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7 Risk Management Best Practices: A Guide for Global HR

Globalization Partners

Like most areas of business, global human resources (HR) teams face common risks that they must learn to navigate at each stage of the employee lifecycle – from recruitment to offboarding. We’ll start by setting out what we mean by risk management before collating a list of seven best practices. What is risk management?

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What is Automated Vendor Risk Management? – Definition

Obobo

What is Automated Vendor Risk Management? The use of technology to simplify and streamline vendor risk management processes has become a necessary part of business operations. Automated Vendor Risk Management (AVRM) is the practice of using technology to identify and mitigate third-party risks.

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How Process Mining Accelerates Efficiency for Highly Regulated, Customer-obsessed Industries

Perficient Digital Transformation

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. This has challenged many organizations to better optimize and intelligently automate business processes and experiences.

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Why organizations need to adopt an Integrated Third-Party Governance and Risk Management approach?

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. A report from Deloitte titled 'Third-party governance and risk management.

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How to stay on the right side of the latest SEC cybersecurity disclosure rules for a data breach

IBM Services

In July 2023, the Securities and Exchange Commission (SEC) voted to adopt new cybersecurity rules and requirements for all market entities to address risks. Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. million, representing a 15.3% increase from 2020.

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AI-Powered Statutory Compliance Solution Revolutionizing the Relationship Between Government and Business

Paysquare

By implementing AI-powered tools like natural language processing and machine learning algorithms, compliance processes have become manageable, precise, and streamlined, and also save resources and time for both. It revolutionizes traditional processes by automating tasks and enhancing accuracy.

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How financial institutions can deliver value from investment in digital operational resilience

IBM Services

DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member states.