Tag: risk management
Microsoft Issues Emergency Patch for Critical ASP.NET Core Flaw
Microsoft has released an emergency, out‑of‑band security update to fix a critical vulnerability in the widely used web framework ASP.NET Core, urging organisations to patch immediately. The flaw, tracked as CVE‑2026‑40372, affects the ASP.NET Core Data Protection cryptographic component and could allow unauthenticated attackers to forge authentication cookies and escalate privileges to the SYSTEM level. The vulnerability is rated 9.1 on the CVSS scale, reflecting...
Accenture: Indian Enterprises Accelerate AI Adoption to Build Business Resilience
Organizations in India are accelerating artificial intelligence adoption at scale, signalling a clear shift from AI experimentation to enterprise‑level deployment, according to Accenture’s latest research. The findings show that Indian enterprises are increasingly using AI as a lever to build resilience, strengthen governance, and redesign operating models, rather than just as a productivity‑enhancing pilot. Accenture’s Pulse of Change survey indicates that 69 per cent of...
BFSI CROs Lead 2026 CXO Hiring Consolidation
India's BFSI sector leadership hiring consolidated around risk management and governance in 2025, with Chief Risk Officers emerging as the most sought-after role outside...
India’s Bank Fraud Losses Triple Even as Cases Fall
RBI’s Annual Report 2024–25 shows a sharp disconnect between the number of bank frauds and the money being lost. The total value of bank...
A&M Report Flags Governance Gaps as AI Adoption Surges
Alvarez & Marsal (A&M) has released its latest AI Survey Report, offering a detailed view of how Indian enterprises are deploying, governing and securing...
S&P Warns AI and Digitalization Will Deepen Structural Risks for Global Banks
The global banking sector is moving into a more volatile phase as rapid digitalization, expanding use of artificial intelligence (AI), climate-linked vulnerabilities, and rising...
AI-First Treasuries on the Rise: EY Survey 2025
Indian corporate treasury teams are undergoing a major transformation, with nearly half of them ranking automation and AI adoption as their top investment priority,...
The NIST Cybersecurity Framework (CSF) 2.0
Understanding the NIST Cybersecurity Framework 2.0
The NIST Cybersecurity Framework (CSF) 2.0 is a widely adopted guide for managing cybersecurity risks across industries. Developed by...
CII Launches Guide to Help Boards Govern AI Responsibly
Industry body Confederation of Indian Industry (CII) has unveiled a new "Guidebook on Effective Adoption and Governance of AI for Board Leaders," underscoring the...
Institutional Investors Urged to Embrace AI: McKinsey
Institutional investors stand to unlock returns of up to 10 times their investment by adopting technology and artificial intelligence (AI) more strategically, according to...
CSCRF Mandates SOC, Data Localization for Financial Firms
The Securities and Exchange Board of India (SEBI) introduced the Cybersecurity and Cyber Resilience Framework (CSCRF) in March 2024, marking a significant shift in...
EY and NVIDIA Launch AI Agentic Platform
EY has launched the EY.ai Agentic Platform, a cutting-edge AI-driven enterprise solution built in collaboration with NVIDIA. Designed to enhance tax, risk, and finance...
Citigroup to Cut IT Contractors by 30%
Citigroup has announced a major overhaul of its IT workforce, aiming to reduce its reliance on external contractors by 30% as part of a...
Financial Instruments: Safeguarding Success Through Strategic Risk Management
In the dynamic landscape of finance, risk management stands as a cornerstone for ensuring the stability and longevity of businesses. Within this realm, leveraging...