Data security legislation and new technologies require more sophisticated security measures, say CROs.
Modest increase in complaints related to payment protection insurance
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
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Latest data on op risk losses from SAS
Multivariate analysis is a powerful tool for finding significant relationships between business environment and risk losses
The SEC’s practice of fining financial institutions for wrongdoing while not seeking an admission or denial of guilt is regularly criticised as not being a strong enough deterrent for rogue behaviour. At first glance it seems ethically wrong, but practically,...
System failure seems to be a bigger problem than hurricanes
Pushing through a merger is more than just a challenge of negotiation and fundraising. It can expose both parties to significant new operational risks. And the dangers aren’t past when the deal is signed – in many ways, they’re just beginning....
Recent glitches highlight aggressive culture on Wall Street
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future