Federal agencies’ landmark regulations, such as the net neutrality, Truth-in-Billing policy, and robocall and texting guidelines, underscore the importance of risk and compliance management for telcos. Like every other industry, the U.S. telecom sector is a part of the GenAI adoption race, and communications services providers (CSPs) are tasked with providing proof of concept. From… Continue reading Top Telecom and Network Regulatory Compliance Risks to Watch in 2024
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Category: Policy Management
Will the Cookie Crumble? Google Chrome Reverses the End of Third-party Cookies (Part 1)
A while ago, there were talks about entirely phasing out third-party cookies in 2024. Google Chrome also restricted third-party cookies to 1% of its browsers. In July, the search engine giant announced reversing its plan to deprecate third-party cookies and continue developments in Privacy Sandbox APIs to enhance user consent and web privacy. Web browsers… Continue reading Will the Cookie Crumble? Google Chrome Reverses the End of Third-party Cookies (Part 1)
The Role of Policy Management in Preventing Financial Fraud in Banking
Financial institutions such as banks and credit unions face a very high level of risk. This risk is inherent and built into the banking business model, making for a complex risk management and mitigation landscape. Fortunately, good policy management practices can position a bank to prevent financial fraud and theft. Understanding the Prevention of Financial… Continue reading The Role of Policy Management in Preventing Financial Fraud in Banking
Policy Management Tools and Technologies for Credit Unions: A Comprehensive Guide
Financial institutions such as credit unions and banks are tasked with maintaining extremely strict policies and operational protocols. This uniformity and standardization make it far more difficult for “insiders” to commit crimes such as theft and fraud. But actually implementing and maintaining these policies, processes, and protocols is much easier said than done. Enter: policy… Continue reading Policy Management Tools and Technologies for Credit Unions: A Comprehensive Guide
How Custom IRM Solutions Can Help Banks Meet Regulatory Requirements
The financial business space is one of the most highly-regulated industries, with dozens of different legal requirements and regulatory oversight organizations creating a complex risk management landscape. These laws and regulatory requirements shape a financial institution’s processes, protocols, and practices, while simultaneously creating a sense of accountability. Regulatory noncompliance represents a serious liability in the… Continue reading How Custom IRM Solutions Can Help Banks Meet Regulatory Requirements
How to Choose the Best Financial Services Risk Management Framework
Enterprise risk management can get extremely complex, especially when you are dealing with a frequently-targeted industry such as the financial sector. In fact, financial institutions and companies specializing in financial services are amongst the most targeted businesses, resulting in a multifaceted and complex risk management landscape. Enter the financial services risk management framework, a tool… Continue reading How to Choose the Best Financial Services Risk Management Framework
How Banks Are Using Enterprise Risk Management Systems to Improve Efficiency and Accuracy
Enterprise risk management software platforms are designed to target vulnerabilities, neutralize threats and reduce risk levels. Banks and other financial institutions face a diverse, dynamic range of risk factors and many cannot be fully eliminated or mitigated, although, with the right strategy, they can be effectively minimized and managed. That said, you can also see… Continue reading How Banks Are Using Enterprise Risk Management Systems to Improve Efficiency and Accuracy
Addressing Data Security Challenges With Risk and Compliance Solution Companies
Data management is a common area of concern when it comes to risk management and regulatory compliance. Business leaders in all industries and sectors will need to confront the issue of data management sooner rather than later if they are to avoid regulatory fines, penalties, and even some serious legal troubles. From a regulatory compliance… Continue reading Addressing Data Security Challenges With Risk and Compliance Solution Companies