A perspective on the risks and challenges As most people are aware, India is a multi-cultural, multi-lingual society governed by a Federal system of governance – where the Central Government and several State Governments have their own jurisdiction and freedom in prescribing regulatory compliances. Shri K.V. Subramanian, Chief Economic Advisor to the Finance Ministry at…
Category: Strategic Risks
Assessing Cyber security risks
Technology is permeating all aspects of business at an increasing rate. New ways of conducting business processes, – remote access, BYOD (bring your own device) and now WFH (work from home) – are bringing about an incredibly broad and diverse domain of cyber risks that are here to stay. An Enterprise Risk Management (ERM) program…
Assessing Business Resilience
Business resilience determines to a great extent whether a business can continue or not. The risk of failure to forecast and build business resilience to weather out a disaster is the most significant risk that could affect the continued existence of an organization. What is Business Continuity? Business continuity (BC) is defined as the capability…