Finally, COSO comes out with its guidance on Risk Management relating to Cloud computing. For so long, risks relating to cloud computing have been in the air.. literally.
So, we all know that Banking is going through its worst phase. Rogue traders across the best Banks are the highlights running through the web and the print.
In a recent survey by PWC titled "2012 State of the internal audit profession study", it was noted that the majority of the respondents said that their businesses face more risks than ever before.
"All but four of 19 major U.S. banks got a green light Tuesday from the Federal Reserve to boost their dividends and take other steps that will make their stocks more attractive to investors.
It is a well known fact that companies need to address the needs of the customers. But many companies address this in a very isolated and a sketchy manner.
Recently, I read the above article on the net. It mentioned that The Reserve Bank of India (RBI) has asked banks to develop a unique system of customer identification across the banking system.
Ernst and Young have come out with a very good outlook report on Euro market and the impact on various industries such as Banking Asset Management, Insurance companies.
People Risk is an aspect and element of Operational Risk in any industry or enterprise. In many the People factor and Human Error element has been reduced to be almost nonexistent.