Unexpected expenses, a sudden drop in sales, a data breach: These are just a few examples of business risks. And knowing how to manage these potential interruptions is essential for any risk ...
Operational risk summarizes the risks and uncertainties a company faces in conducting its daily business activities, procedures, and systems. This type of risk is closely tied to human error, where ...
Scroll through social media and you’ll likely see it: fake profiles, bot spam, phishing links. Most don’t realize that many aren’t bots. Rather, they’re run by a criminal operation in Myanmar, one ...
NEXT reports that while AI aids small businesses in efficiency, it poses risks like data breaches, misinformation, and legal liability. Careful implementation and oversight are essential.
As companies digest the hard-won lessons from this volatile year, 2025 looms with both new risks and fresh opportunities for those prepared to navigate a landscape where adaptability is key to ...
The topic of artificial intelligence (AI) couldn’t receive more hype. After decades of being an eccentric technology topic, it has suddenly jumped to the top of everybody’s list, with AI-washing ...
With the increase in popularity of artificial intelligence uses in business, companies are scratching the surface of AI’s potential to create efficient processes, automate tasks, and generate content ...
Enterprise risk management is a formal process of evaluating business risks. But risk management shouldn’t be a strictly C-level function. Both business owners and management should be involved with ...
New research suggests small businesses all around the world are routinely putting themselves at risk through under-insurance ...