2023 Gartner® Critical Capabilities for Privileged Access Management. Read More>>

KNOWLEDGABLE INDUSTRY INSIGHTS

LEARN THE FACTS AND NEW HAPPENINGS OF DATA & SECURITY

Building a Shield against the Risks of the Digital Era

Drilling Down Into Risks Faced by Financial Institutions

A recent survey conducted by Wolters Kluwer of 800 governance, risk and compliance professionals across Asia-Pacific highlights a number of challenges for large financial services organizations and a surprising lack of preparedness in some countries and risk areas. The report states that “multi-billion-dollar fines levied on global banks for compliance breaches and control failures have made headlines the world over ever since the onset of the financial crisis. Some of these contraventions were egregious, others were merely careless. Collectively, many of these fines could have been prevented if the three lines of defense were coordinating their risk, compliance and internal audit processes at a holistic, enterprise level.”

Please find below the link and story for your perusal: here

Request A Demo

Feel free to drop us an email, and we will do our best to get back to you within 24 hours.

Become A Partner

Feel free to drop us an email, and we will do our best to get back to you within 24 hours.