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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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Revolutionizing Risk: Exploring Actuarial Outsourcing in Insurance | Blog

Everest Group

The rising demand for attractive job opportunities in related fields like data science compounds this increasing demand. According to the Bureau of Labor Statistics, the demand for actuaries is expected to increase by 21% between 2021 and 2031.

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Generative AI use cases for the enterprise

IBM Services

Healthcare, insurance and education are more hesitant due to the legal and compliance efforts to which they must adhere—and the lack of insight, transparency and regulation in generative AI. Fraud detection and risk management : Generative AI can quickly scan and summarize large amounts of data to identify patterns or anomalies.

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The synergy between UEM and medical device risk management

IBM Services

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

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Is Outsourcing Offshore Right for You? Pros and Cons

Magellan Solutions

It can raise concerns about data security and privacy as the risk of compromised or mishandled confidential information increases. Ensuring that the offshore provider has robust security measures and adheres to relevant data protection regulations is crucial. It helps them handle surges in work and cover things like parental leave.

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Data security: Why a proactive stance is best

IBM Business Partners

For the 12th year in a row, the average cost of a breach was the highest in the US healthcare industry at $10.10 An example of the importance of data privacy is in the healthcare industry, where it’s critical to protect confidential patient information for patient trust and comply with regulations.

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7 Key Takeaways for GCoE leaders driving Innovation Charters from India

Zinnov

Leaders from the healthcare and aviation sector, which are highly regulated, spoke about their construct – wherein the organization is keen to innovate to stay ahead of the curve, but they have a very low-risk appetite. Not all organizations have clear and well-defined processes to enable innovation.