Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...

Risk management is the process of identifying, analyzing, and mitigating uncertainties and threats that can harm your company or organization. No business venture or organizational action can ...

Risk Management is the process of identifying, assessing, and prioritizing risks followed by the application of resources to minimize, monitor, and control the probability and/or impact of adverse ...

IEC 60601 is no longer a standard of absolutes. The third edition allows, and in some instances requires, safety features and test requirements to be modified on the basis of risk management. By ...

Navigating the intricacies of compliance and risk management can seem overwhelming for businesses, especially those operating in heavily regulated industries. The rules are complex and the stakes are ...

First coined by Bruce Schneier in his book Beyond Fear, the term "security theater" has entered the everyday lexicon to describe something that projects a facade of security without substantively ...

It’s often said that risk is the nature of business. Yet, operational liabilities like workers’ compensation claims or workplace incidents threaten your investment with zero rewards. A professional ...

Once the risk team has been assembled, the crucial process of identifying risks must commence. The output of the risk ...

The list below offers a representative sample of the courses you can expect in the study of actuarial science and risk management at DePauw. From theoretical foundations to practical experiences, ...

Successful risk management is essential to the design and development of safe and effective medical devices. Unfortunately, it is too often viewed by manufacturers as an isolated activity that must be ...