On November 29, 2024, the European Commission introduced the Commission Implementing Regulation (EU) 2024/2956, laying down detailed technical standards for the application of Regulation (EU) ...

With the increasing reliance on digital processes, tools, and the economy itself, the financial services sector faces heightened exposure to operational risks, particularly Information and ...

OneTrust today announced new capabilities to help organizations enhance resilience across the financial sector and operationalize compliance with the EU’s Digital Operational Resilience Act (DORA).

Interest rate increases result in unrealized losses for held-to-maturity debt security investments, but these losses do not appear in the financial statements (as long as there are no impairment ...

From cyberthreats to financial volatility, security leaders must grasp the nuances of risk management to build resilient and successful organizations. Risk management is the process of identifying, ...

AI algorithms can analyze transactions in real time, detect anomalies and patterns that may indicate fraudulent activities, and alert banks to take appropriate actions. An example of fraud detection ...