Introduction Artificial intelligence (AI) has evolved drastically and has taken the center stage in a variety of businesses. Various companies have now started understanding the importance of AI. So, the board of directors should take into consideration the responsibility that comes while using AI in mission-critical applications. What should you consider while using AI?
Introduction Agile means responsive, fast and efficient. With all the technological innovations happening at a rapid pace and disrupting various industries, it becomes inevitable for the organizations to adapt to such changes and operating methodologies. Organizations are now using Agile methodology instead of the traditional waterfall method. Organizations are building quality systems that meet any
Introduction The auditing process helps ensure the accuracy and reliability of the gathered data and organize it in a systematic manner. Audits can be internal and external across various industries & sectors. With the introduction of Artificial Intelligence (AI) & Machine Learning (ML), the scenario has changed completely. AI has been a game-changer and disrupted
In today’s business environment, with a huge amount of financial data being available with the auditors, days of traditional methods can’t serve the business needs. The auditors need to understand more about the client’s business needs. With Data Analytics, auditors can have a deeper understanding of the amount of data available and can highlight high-risk
In today’s globally connected business environment enterprises are dealing with vast amounts of unstructured data that is being compounded by the increasing number of ways to share this data. Due to this reason mainly both the employers and employees are failing to either understand or care about their responsibilities when it comes to data protection
When it comes to disruptive risks, the majority of them are foreseeable when there is continuous and effective coordination between Board, C-suite, and management. Conventionally, for risk management, Boards rely on information from management to help identify and provide oversight of disruptive or emerging risks with a significant and critical impact on the company’s long
With the ever-changing and dynamic business environment, there has been no single approach to risk management. The risk management strategies or approach should be rational, to quickly adapt to the ever-changing risk universe. Nature, complexity and constantly changing regulatory regulations in which the businesses operate, increases the importance of adapting and implementing effective risk management
Risk is inherent in any Business, irrespective of the Industry. Whether it is Financial, Retail, Technology or Energy sector, the expanding Risk Universe has made it obvious that efficient Enterprise Risk Management processes are the ones that manage, mitigate and minimize Business Risks. However, complex, multi-layered and dynamically changing Business Landscape requires automated, intuitive, agile,
Confident Governance is honored to be featured in NVTC’s The Voice of Technology online magazine in the list of Tech 100 Companies. The Cyber Governance Company has been awarded for its Technological innovations by multiple Independent Research firms and has climbed the rankings each year. The recognition reflects that Confident Governance continues to address the
Three Key Elements of Confident,Efficient & Sustainable Cyber Risk Governance in 2019 Businesses and Organizations worldwide have recognizedCyber Risk as one of the most significant dangers they face andthat effective management and mitigation is almost essential and unavoidable.1. Importance of Integrating Cyber Risk with overall ERM2. Leveraging Artificial Intelligence driven Analytics for real time Cyber Risk