Part 1
The WFh Risk Pyramid
Question: Risks associated with WFH – how has been the actual experience vis-à-vis the expectations?
Over a year into the pandemic, covid has had a devastating economic, social and health impact across the globe. Hundreds of thousands of lives have already been lost and the end of this pandemic is still not in sight. On the corporate side, there are 2 pictures: either a corporate has gone bust (or nearly so), or the corporate is in good shape. Judging from the responses, all the 16 organizations that participated in this cover story seem to be in good shape.
Our respondents have broadly classified WFH related risks into 5 categories: (i) business risks, (ii) cybersecurity risks, (iii) people risks, (iv) operations risks and (v) other risks. Here are their edited responses.
ABHILASH BALAN, CISO AT DIGIT INSURANCE
Work from home often raises questions on the security of the organization and the increased risk of a breach. However, we were able to manage these risks using cybersecurity protocols and imparting right information to our teams. Digit Insurance took 6 key security initiatives: (i) Implemented secure VPN tunnels (ii) Strengthened the advanced
threat protection systems (iii) Audited system & application rights (iv) Used the best AV solution (v) Managed EDR solution for each system in our network, and (vi) Implemented a DLP agent on each laptop to take care of the company’s data on each system.
ANIL PINAPALA, CEO AT VIVIFIINDIA FINANCE
Esta historia es de la edición June 2021 de Banking Frontiers.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición June 2021 de Banking Frontiers.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Finance gears up for festivities
BFSI companies are charging their online and omnichannel strategies with personalized festive deals this season:
Non-cash transactions can touch a phenomenal level by 2028
Capgemini Research Institute’s World Payments Report 2025 highlights the era of account-to-account an instant payments:
The Confluence of Artificial Intelligence and Cybersecurity: AI as the Game Changer
In an increasingly interconnected world, safeguarding our digital assets has become paramount. Enter the dynamic duo: Cyber security and Artificial Intelligence (AI).
A new trinity in digital lending space
Three platforms in the lending space are poised to change the way lenders offer credit and borrowers access funds in India:
Finance gears up for festivities
BFSI companies are charging their online and omnichannel strategies with personalized festive deals this season:
Small MFI, International Engagements
Mitrata Inclusive Financial Services in the midst of transformation growth
MFIs: Big Impact Big Changes,
Even as MFIs are fueling economic growth for the underprivileged, what is interesting is that they are transforming themselves in areas like HR, technology, funding, leadership, collections, and more. Banking Frontiers presents the initiatives and initiatives at 9 such organizations:
Climate Risk Forum for CROS
Excerpts from a discussion on shaping the future of climate change resilience in India:
Seamless Supply Chain Finance
Deep insights emerge from this fireside chat at NBFC's Tomorrow Conclave.
Star Health sees strong demand from the IT sector
Biju Menon, Chief Business Officer at Star Health Insurance, looks at the evolution of employee health insurance from multiple perspectives: