Managing AI risks

Big data and data analytics is booming. The volume and variety of data are growing exponentially, making data hard to process using conventional database management tools. Artificial Intelligence (AI) is here to help. It is using the power of data to transform across a range of critical business functions such as marketing, pricing, credit...

Risk Assessment in Practice

Given that risk is integral to the pursuit of value, strategic-minded enterprises manage risk exposures so that, at any given time, they incur just enough of the right kinds of risk —  according to Risk Appetite Statement (RAS) — to effectively pursue strategic goals. The Risk Assessment Criteria Impact Impact refers to the extent to which a...