AI has entered the top five business risks across short, medium and long-term horizons, but new FERMA research suggests organisations are struggling to build the governance and capabilities needed to keep pace.
Businesses are making investment decisions over three-to-five-year horizons while insurance remains largely tied to an annual cycle. FERMA is calling for longer-term relationships with insurers and greater clarity over how insurance will respond to AI.
A routine cyber evaluation at the UK AI Security Institute resulted in autonomous agents taking unsanctioned action against real people and organisations, exposing gaps in internet controls, monitoring and test design.
India is a place of contradictions – restless, industrious, but lacking the resilience to fully handle its status as the world’s fastest-growing economy. Risk management is evolving, but gaps remain. APAC correspondent Trevor Treharne spent a month in the country to learn more.
Although believing that artificial intelligence is ‘an insurable exposure’, explicit coverage is still hard to find as use cases around the technology continue to evolve and differ vastly between businesses, says underwriting director
Risk occurrence is unfolding at the speed of technology, while risk management is trundling along at the pace of governance, creating a dangerous mismatch. Risk professionals must switch up their thinking and review risk through three dimensions – magnitude, velocity and connectivity
The SR:500 Emerging Risks survey reveals a landscape dominated by accelerating and interconnected threats. Against this backdrop, risk management must be embedded earlier in decision making to strengthen resilience.
The compounding shocks created by climate change were the topic of our latest SR:500 roundtable. Organisations are being forced to reassess their long-held assumptions about resilience, continuity and operational risk as they navigate the road ahead.
Workplace healthcare is becoming a strategic pressure point, as employees’ rising demands plus costly medical advances are pushing employers to rethink how far benefits should go and what they mean for resilience.
The complexity and magnitude of international sanctions now demands vigilance on a new scale. Smaller businesses may not have the ready resources to tackle the issue, but the laws won’t make exceptions. So what practical steps can you take to stay safe?
Four risk experts explore how organisations can quantify risk against business objectives, demonstrate the return on investment of risk management and use AI and modern GRC tools to support better strategic decisions, while retaining the human judgement needed to turn data into meaningful insight.
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As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions