In today’s connected world, the need for effective vendor risk management is critical. Organizations need new tools that can help speed up the decision-making process, while having the confidence that these decisions can be backed by a complete and validated picture of vendor risk. Traditionally the vendor security risk assessment process has involved a manual and…

Turkish banks are engaged in a debate about how far they will go in using biometrics to identify new customers when they open accounts, an important enabler of digital account opening. Indications from the Turkish regulator in March 2020 seem to be supportive, and legal interpretation is ongoing. While some banks are pressing ahead and realizing the benefits of dig…

The market for cyber insurance continues to gain momentum. A 2019 Allianz survey of risk management experts across 86 countries ranked cyber incidents as the biggest single point of risk for an organization, thus highlighting the need for an effective insurance policy to transfer risk from potentially damaging effects of a cyber-attack.  It seems daily, a new hig…

By now, you probably don’t give a second thought to unlocking your smartphone with biometrics such as a fingerprint or facial scan — even though the latter wowed the world when it debuted in 2017. As consumers, most of us still consider facial recognition the current state of the art for authentication. But soon your voice and the rest of your fingers will be involved…

Europe and the USA are the two regions of the world hardest hit by financial crime compliance costs. With the projected total cost of financial crime compliance across the global finance sector estimated to be $180.9 billion, banks need a cost-effective solution to be both vigilant and remain at the forefront in the fight against money laundering and terrorist financi…

 The explosive supply chain disruption that wreaked havoc in the early weeks of the pandemic has settled down to a gentle roar: companies now are looking at how to turn their short-term coping strategies into long-term, proactive resilience. Many organizations along the supply chain are looking to expand their sourcing options —while doing so can reduce business…