Risk Management in Today’s Digital World Is a Huge Struggle
In today’s digital world, effectively managing enterprise risk has become more complex and challenging than ever. In addition, there is an added level of uncertainty in the business environment due to the acceleration of online banking brought on by the pandemic. As a result, financial institutions find themselves struggling with a wider variety, more sophisticated, and increased frequency of risk management challenges, including securing data and mission-critical systems, combating fraud and financial crimes, and reducing credit and interest rate risk, leaving themselves and their accountholders vulnerable.
