Risk Management Archives | Page 71 of 114

AI and ML

AI and Biometrics: Enhancing Security While Navigating Ethical Challenges

The intersection of artificial intelligence (AI) and biometric technology is rapidly evolving, promising enhanced security measures while also raising significant ethical questions. Understanding how these technologies interact and their potential impacts is crucial in the modern technological landscape. In everyday life, biometric authentication methods such as fingerprint scanning and facial recognition are becoming increasingly common for tasks like unlocking smartphones

March 11, 2025

AI and ML

Optimizing Business with Multiple AIs: Enhancing Efficiency and Security

Artificial Intelligence (AI) is transforming how businesses operate, ushering in an era of unprecedented efficiency and security enhancements. Companies are moving towards the incorporation of multiple AI models as a key strategy to optimize their operations, driven by the need for more tailored and robust solutions. By implementing several specialized AI models, businesses can address a broader range of tasks

March 11, 2025

Enterprise Applications

Prevent Downtime with Automated Testing in Dynamics 365 for Finance & Ops

In today’s competitive business environment, even a few minutes of system downtime can result in significant financial losses. For organizations relying on Dynamics 365 for Finance & Operations (D365 F&O), maintaining system stability and operational efficiency is crucial. This article explores the critical need for automated regression testing to prevent costly disruptions caused by updates, integrations, and customizations. The High

March 11, 2025

Digital Wealth Management

Strategies for Effective Multi-Jurisdictional Wealth Management

Managing wealth across multiple countries presents an array of complexities and opportunities that require careful navigation and strategic planning. High-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals often lead the way in adopting effective strategies to optimize returns, protect assets, and plan for future growth. Understanding and overcoming the regulatory, tax, and logistical challenges posed by multi-jurisdictional wealth is crucial for investors

March 10, 2025

Recruitment-and-On-boarding

How Can Premortem Exercises Revolutionize Your Hiring Process?

In a world defined by volatility, uncertainty, complexity, and ambiguity (VUCA), organizations are compelled to rethink not just how they operate, but how they hire. Traditional hiring methods often focus heavily on assessing qualifications, leaving little room for insight into how a candidate thinks, adapts, or manages risk. Brooke Struck, CEO at Converge, has pioneered a novel approach: integrating premortem

March 10, 2025

B2B Marketing

How Does Strategic ABM Ensure Higher ROI for B2B Companies?

With the dramatic changes in the marketing landscape over the past two decades, account-based marketing (ABM) has evolved into an essential strategy for B2B companies, especially those dealing with high-value customer accounts. ABM first emerged as a niche strategy among large IT firms but soon proved its worth, gaining widespread adoption across various sectors. It wasn’t long before B2B marketers

March 10, 2025

Data Science

Palantir’s AI Innovations Propel Business Intelligence and Data Security

In the rapidly advancing realms of artificial intelligence (AI) and Big Data, Palantir Technologies (NYSE: PLTR) is emerging as a transformative force. The company’s stock performance has drawn significant investor interest, but it is Palantir’s strategic advancements in AI and real-time data integration that are laying the groundwork for long-term industry transformations. These innovations are setting high benchmarks and providing

March 10, 2025

Fintech Blockchain

How Are AI and Blockchain Transforming Treasury Operations?

The rapid evolution of artificial intelligence (AI) and the maturation of blockchain technology are significantly reshaping treasury operations. For decades, finance teams have struggled with repetitive, manual workflows. However, contemporary advancements offer solutions to the complexities of the modern financial landscape, including increased regulatory pressures and unpredictable economic conditions. These technologies are vital in facilitating real-time reporting, fraud prevention, and

March 10, 2025

Cyber Security

PayPal Scam: Understanding and Combating Phishing Invoice Attacks

Phishing scams continue to evolve, finding new and creative ways to deceive unsuspecting users, and recently, a concerning scam has emerged targeting PayPal users. This scam is primarily executed through PayPal invoices that cunningly exploit an old DocuSign tactic, bypassing even the most robust email security measures. Although the technique behind the scam isn’t particularly sophisticated, its success lies in

March 10, 2025

Cyber Security

Are Cyberattacks on IT Vendors Causing Financial Havoc for Businesses?

Recent developments in the cybersecurity landscape have unveiled a growing sinister trend: cyberattacks targeting third-party IT vendors are inflicting unprecedented financial damage across various industries. Nearly 23% of the cyber insurance claims filed with them in the past year have been due to material losses from breaches involving third-party vendors. This marked a significant shift, as it was the first

March 10, 2025

Digital Lending / Digital Payments

Can Nepal Rastra Bank’s New Directives Curb Online Payment Fraud?

In an era defined by the digital transformation of financial transactions, the need for enhanced security measures to combat online payment fraud has never been more pressing. Nepal Rastra Bank (NRB), the central bank of Nepal, recently introduced a series of amendments aimed at tightening the reins on online payment systems. These directives are designed to address the escalating cases

March 7, 2025

Robotic Process Automation In IT

The Transformative Impact of AI and Automation on Modern Business

Artificial Intelligence (AI) and automation have shifted from being futuristic buzzwords to essential components of contemporary business strategy. These technologies are revolutionizing industries by streamlining operations, enhancing decision-making, and fostering innovation. As businesses adapt to the demands of the digital era, understanding the roles AI and automation play has become increasingly crucial. The widespread adoption of these technologies is reshaping

March 7, 2025