Author: Web Admin

July 14, 2023
Digital GRC, EnGRC

[vc_row full_screen_section_height="no"][vc_column][vc_column_text]Change is the only constant. One of the most challenging aspects of running a business is dealing with change. Whether it’s a change in the economy, a never-ending flow of changes to laws and regulations, a mutating virus upsetting the economic balance, climate change, new technology, geopolitics, social media, or changing customer preferences, businesses need to constantly adapt to stay relevant. Failing to fully appreciate the impact of these changes on everyday operations presents real compliance risks. Change management and compliance Managing change,...

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July 13, 2023
Artificial Technology, FutureTech

[vc_row full_screen_section_height="no"][vc_column][vc_column_text] The need to be AI fluent is now. There was a time when technology meant computers. Today, it means AI. A catalyst in the evolving landscape of everything from digital assistants to business intelligence, the acceleration of AI has indeed been rapid. An increasing number of companies are now harnessing their power to enhance processes, elevate efficiency, and boost profitability. The technology by itself has evolved as a propellant for emerging disruptors such as big data, robotics, and the Internet of Things (IoT). And...

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July 13, 2023
Digital GRC, EnGRC

[vc_row full_screen_section_height="no"][vc_column][vc_column_text]Robust Enterprise Risk Management – for business success and resilience Robust risk management is an essential practice for individuals, organizations, and businesses of all sizes. It involves identifying, assessing, and addressing potential risks that could negatively impact the desired outcomes. All enterprises want to stay in business and out of trouble. Steps Involved in Robust Risk Management Step 1: Identify the Risks The first step in risk management is to identify the potential risks. This requires a comprehensive analysis of the project or...

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June 27, 2023
Digital GRC, EnGRC

[vc_row full_screen_section_height="no"][vc_column][vc_column_text]In 2016, Wells Fargo was fined $185 million for opening unauthorized bank accounts for its customers. The bank failed to track and resolve issues related to its sales practices, leading to a significant financial and reputational loss. In 2014 General Motors was caught in the grip of a strategic failure that materialized from a seemingly “low probability” event, where it was forced to recall 3.1 million vehicles. A study by Ponemon Institute (a pre-eminent research center dedicated to privacy, data protection,...

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June 27, 2023
Digital GRC, EnGRC

[vc_row full_screen_section_height="no" el_class="en-blog-cnt"][vc_column][vc_row_inner full_screen_section_height="no"][vc_column_inner][vc_empty_space][vc_column_text] ESG regulation is becoming more detailed and comprehensive in many countries. Regulators are now expecting auditable proof of compliance from enterprises as well. It is important for companies to understand that ESG is not merely about doing the right thing but is also important from the perspective of long-term sustainability and return on investment. The extra administration, complexity and need for an audit trail is prompting more companies to consider a software solution to handle their ESG compliance...

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June 21, 2023
Cloud, FutureTech

[vc_row full_screen_section_height="no"][vc_column][vc_column_text] Is the country on the verge of a skills crisis? From the new normal to the better normal, the Indian tech industry has once again emerged as a shining example of resilience and growth. Transforming the digital landscape with intelligent systems and automation, it has created new opportunities which have opened diverse career paths. There’s a flip side to this. The speed of technology has once again outpaced curricula and this in turn has shrunk the shelf life of the skills acquired...

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