PIL Risk Management (cont.) by PIL Academy 03

Familiarise with IAF

2024-11-20 07:11:09 UTC

Procurement Risk

2024-11-20 07:12:08 UTC

Understanding our suppliers and the role they play, their reputation whilst relating it back to our requirements

Credit Risk Assessments

2024-11-25 15:31:16 UTC

Review customer and partner creditworthiness, ensuring timely payments and reducing default risks.

2024-12-01 10:01:21 UTC

Understand the importance of IAF and equip oneself with its knowledge

Better formulate response to address risk for my department

2024-12-24 09:35:12 UTC

Risk Management

2025-01-26 00:15:59 UTC

Ensure maker and checker process in place and immediate escalation of issues

Risk Management

2025-02-01 10:46:28 UTC

Identify potential risks, ways to mitigate it

Line 1 is important

2025-02-12 09:26:22 UTC

Doing the right thing is important for line 1 defence.

Phishing risk

2025-02-12 10:33:28 UTC

Line 1 defense - embedding awareness of phishing risks in all staff to enhance cybersecurity

Project planning

2025-02-12 10:40:32 UTC

Technical Risk

2025-02-12 10:46:54 UTC

Monitoring & alerts for early detection of source side / upstream issues (e.g. abnormal dips in data arrival pattern)

2025-02-12 14:02:09 UTC

review constantly the regulation

2025-02-13 03:51:48 UTC

Risk Management

familiarize with IAF

2025-02-17 14:54:57 UTC

2025-02-20 07:35:40 UTC

Integrating risk management into daily operations helps organizations identify and respond to risks, rather than meeting requirements or reducing workload

3 lines of defense

2025-02-25 04:04:58 UTC

Mgt controls, risk mgt and compliance functions, internal audit

familiarise with IAF

2025-02-26 14:44:23 UTC

Follow data protection and governance and cybersecurity governance

2025-02-28 02:03:18 UTC

Familiarise with IAF

2025-02-28 11:00:54 UTC

Be IAF aware

2025-02-28 15:47:14 UTC

Be mindful of risks and be aware of PIL's risk management