Moe Khosravy, Executive Vice President, Software and Platform, RMS, said: “The growth in adoption of the RMS Intelligent Risk Platform has been phenomenal. A substantial number of clients are benefiting from the secure cloud-based platform that provides superior...
Risk Management
RIMS Survey highlights best practices to address and leverage emerging risks
Patrick Sterling,President,RIMS “In the face of so much uncertainty and volatility, business leaders around the world have challenged their risk management teams to identify, assess and deliver solutions to prepare the organization for the impacts of emerging risks,”...
Tesla cars, Bluetooth locks, vulnerable to hackers – researchers
“This proves that any product relying on a trusted (Bluetooth Low Energy)BLE connection is vulnerable to attacks even from the other side of the world,” the UK-based firm said in a statement, referring to the BLE protocol - technology used in millions of cars and...
Climate Resiliency: Insurers need to fundamentally change business models
World Property and Casualty Insurance Report 2022: research suggests that only 8% of insurers are resilience champions; 73% of policyholders rank climate change among their top concerns “The impact of climate change is forcing insurers to step up and play a greater...
Illegal structures, scant regard for fire safety norms led to loss of lives in fires in Delhi
In December 2019, the Anaj Mandi blaze claimed 44 lives, making it the most severe fire incident in the national capital after the Uphaar Cinema tragedy that claimed 59 lives and left over 100 injured in June, 1997 New Delhi: Illegal structures, scant regard for fire...
NDMA reviews preparations ahead of monsoon, plans NDRF deployment in flood-prone areas
Use of Damini App, Nowcast, as also various Google alerts for effective early warning dissemination was emphasised to achieve a target of zero mortality in the coming monsoon season, an official statement said New Delhi: The monsoon this year is likely to be normal...
Karnataka govt to conduct fire safety audit in 166 government hospitals
In the video conference, Prime Minister Modi had suggested all chief ministers conduct a Fire Safety Audit as incidents of fire accidents have increased due to summer heat Bengaluru: The Karnataka government on Sunday instructed officials to conduct a fire safety...
NSE Academy ties up with RIMS for risk management education
In addition to the certification opportunities, NAL and RIMS will jointly deliver ‘Introduction to Cyber Risk and Data Security’ and ‘Risk Management Techniques’ self-learning online courses. NAL and RIMS also plan to deliver a series of Masterclasses (focused topical...
Financial firms face $225 billion in water-related losses, analysis estimates
The U.N. has warned of a 40% shortfall in supply by 2030 if water consumption and production patterns do not change and so-called water risk, through flood, drought or pollution, is set to become a growing issue for companies over the next decade By underestimating...
White House to boost support for quantum technology while boosting cybersecurity
The memorandum offers a road map to federal agencies to update their information technology systems to help defend against complex quantum attacks, establishing goals and milestones. It also establishes a working group between the public and private sectors to...