risk mitigation Archives - Banking Finance - News, Articles, Statistics, Banking Exams, Banking Magazine

The Importance of Internal Controls in Risk Reduction – The Executive’s Guide to Governance and Trust

May 10, 2025 admin 0 Comments business risk management, corrective controls, cybersecurity, data security, detective controls, financial misstatements, fraud prevention, internal audits, internal controls, operational efficiency, preventive controls, Regulatory Compliance, risk mitigation, segregation of duties

Internal Controls as a Governance Tool For executives, internal controls are more than just operational checklists—they’re core to governance and

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Crisis Management vs Risk Management: What’s the Real Difference?

April 25, 2025April 25, 2025 admin 0 Comments business continuity, crisis management, crisis planning, crisis response, difference between risk and crisis management, disaster recovery, emergency management, online risk management courses, organizational risk, risk and crisis examples, Risk management, risk mitigation, risk strategy, risk training, strategic risk management

Every organization faces threats—from financial losses and cyberattacks to PR nightmares and natural disasters. But how you prepare for problems

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Business Continuity Planning: Preparing for the Unexpected

April 24, 2025 admin 0 Comments BCP best practices, BCP checklist, BCP components, BCP framework, business continuity plan, business impact analysis, business resilience, continuity strategy, crisis management, disaster preparedness, emergency response, operational continuity, recovery planning, risk assessment, risk mitigation

Introduction Unexpected events can bring businesses to a standstill—whether it’s a flood, a cyberattack, or a sudden staff shortage. Organizations

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Banking Article Banking Finance Year 2025 February 2025

Banking in the Era of “Data Privacy”: Impact of Digital Personal Data Protection Act (DPDPA) on the Banking Industry.

February 12, 2025February 12, 2025 admin 0 Comments banking Industry, compliance, credit assessment, customer onboarding, cybersecurity, data fiduciary, data protection, data security, digital data, Digital Transformation, DPDPA 2023, Financial Inclusion, Financial Sector, Fintech, India banking reforms., IT Act, personal data privacy, privacy laws, RBI regulations, regulatory overlap, Risk management, risk mitigation, third-party data processors

Abstract: “Data Protection” is the new buzz phrase among the stakeholders of the Data Processing industry. The concept has gained

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