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Generative AI is advancing rapidly, and it’s important that effective risk management strategies evolve along with it. Regulators around the world are moving fast to set up legislative frameworks/requirements on the usage of AI. This is pushing large enterprises, including financial institutions...
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By David Kliemann & Aly Farooqui 3 min read An industry standard for assessing and reporting on cloud risk for financial institutions. Cloud-based technology is transforming the financial sector at a rapid pace. As financial...
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Access the IBM Cloud Metrics Model Whitepaper here. While many Financial Institutions are increasingly looking to reap the benefits of cloud computing, there are still several challenges and decisions that organizations wrestle with. Without a holistic way of reporting metrics such as key...
Traditional best practices for risk will not suffice in a digital, ecosystem-based world. Financial institutions increasingly rely on the availability of third-party technology providers to support business-critical operations. They are shifting from on-premises to hybrid cloud consumption...