Cybersecurity threats are so prevalent — and all but unavoidable — that they demand the attention of an organization’s senior leaders. The issue cannot be solved by a patchwork of tactical solutions.

Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...

Modern model risk management startup Ethos AI Inc. announced today that it has raised $6 million in new funding to expand its engineering team, enhance its go-to-market efforts and strengthen its ...

Chemical process industries face inherent risks arising from the manipulation and storage of hazardous substances, complex process operations, and the potential for catastrophic chain-reaction events.

There has been a lot of conversation over the years about risk management; this has included its importance and how to do it. Unfortunately, all this conversation has taken place separately, and there ...

As every compliance practitioner is well aware, even in 2023, third parties still present the highest risk under the FCPA. The 2023 ECCP devotes an entire prong to third-party management. It begins ...

A new model for governance and risk management issued Monday by the Institute of Internal Auditors (IIA) makes major updates to the Three Lines of Defense model that has been popular for years. Called ...

Models are everywhere. Many organizations use models for facilitating the decision-making process, for accounting and tax purposes, and for managing day-to-day operations. In fact, organizations are ...