Enterprise Risk Management and Cybersecurity: A Call for Action for Deposit Insurers
Strengthening Enterprise Risk Management (ERM) is one of the most viable solutions that reflect a set of processes and activities to identify, assess, measure, monitor, control, and mitigate the risks exposed to the entity, beyond business-as-usual procedures to anticipate staggering global headwinds. ERM should be comprehensive enough to manage risks from the holding level until the intragroup level, including the impact of climate change risk.
