Risk Management

According to the Allianz Global Insurance report, the global insurance industry grew by an estimated 7.5% in 2023, clocking the fastest growth since 2006, the year before the GFC. In all,…

In the interview with Alla Gil, co-founder and CEO of Straterix, the discussion revolves around how banks manage and analyze stress scenarios, emphasizing the traditional three-step process: risk…

Deloitte Global's 2023 third-party risk management (TPRM) survey explores the growing complexity of TPRM as dependence on third-parties continues to grow. The report offers insights into how…

Risk workshops are a collaborative and structured effort to identify and analyze potential risks that an organization may face. A risk workshop brings together stakeholders, subject-matter…

How do we manage risks? In a time overshadowed by crises, the question of how to properly manage risks is omnipresent. Energy crisis, danger of a blackout, inflation risks, the great concern for…

As the field of artificial intelligence continues to advance, it is important to consider the potential risks and consequences of these developments. One such risk is the possibility of the…

Cybersecurity resilience is a top priority for companies as they look to defend against a rapidly evolving threat landscape, according to the latest edition of Cisco's annual Security Outcomes…

The crisis caused by COVID-19 challenged risk managers more than ever before. After all, in such a situation, it was necessary to prove whether the risk management systems in the companies and…

The AXA Group, a worldwide leader in insurance and asset management, today released the ninth edition of its Future Risks Report. This global survey measures and ranks the evolution of…

A mounting tide of crises that reinforce each other threatens to overwhelm our societies and political systems. The Munich Security Report 2022 explores the emergence of a sense of "collective…

Up to now, we have always used the D-assessment in the process FMEA to evaluate the ability of one or more detection actions to detect a cause or its effects in time. From our (German) point of…

Safety of medical devices and risk management are two of the central demands of the legal requirements for manufacturers of medical devices in Europe. In the new EU Medical Devices Regulation…

Financial institutions and their directors have to navigate a rapidly changing world, marked by new and emerging risks driven by cyber exposures based on the sector’s reliance on technology, a…

Easing the burden on banks in the Corona crisis so that the economy remains liquid is the declared goal that the European Central Bank (ECB), as the central supervisor in the Single Supervisory…

A trio of Covid-19 related risks heads up the 10th Allianz Risk Barometer 2021, reflecting potential disruption and loss scenarios companies are facing in the wake of the coronavirus pandemic.…

In front of the hip hop stage of the open air festival „Rheinkultur“ the atmosphere was aggressive. Various incidents, especially physical clashes between rival youths, had already occurred. When…

The P-Diagram is frequently used when asking questions about supporting tools during the use of quality tools. In addition to the confusion about the abbreviation "P", it is often named the…

"If the ship is on the wrong course, it is not enough to change the captain – you have to change the course." The scenario described by the Czech writer Pavel Kosorin is a reflection for many…