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
This story is from the June 2021 edition of Banking Frontiers.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the June 2021 edition of Banking Frontiers.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Kamdhenu & Sammrudhi loans top rural customers
Unnayan Bharat Finance Corporation (UBFC) Director & Co-Founder Avneesh Trivedi shares the company's attempts to enhance the rural lending environment & deliver better services to its consumers:
It's going to be a 'world' of CBDCs
Practically, every central bank in the world is testing and readying a CBDC system:
Training for behavioral & social skills is key
3 CHROs from the top BFSI companies in India open up about their training and motivation programs aimed at enhancing employee effectiveness. The story is divided into 4 parts: (i) functional and behavioral training, (ii) manager to leadership training, (iii) learning-based training, (iv) motivational programs:
THE AI COMPASS
Artificial Intelligence has risen to be the hottest topic of discussion today. It is expected to impact everyone, and the impact could exceed that of war, global warming, supply chain disruptions, geopolitics, and much more.
To mentor & coach emerging leaders
Manish Shah, MD & CEO of Godrej Capital, outlines his focus areas today and in the future:
Innovation will unlock India's Mission 'Atmanirbhar’
Sunita Handa is Chairman, Toyota FSIN and Principal Advisor & TLAB Chairman, Protectt.ai Labs. She shares her current activities and her deep insights on innovaiton in an interaction with Manoj Agrawal:
Algorithm is the Boss
Irem Sayeed, Chief Credit Officer at U GRO Capital, dwells into business focus and modernization at the lender:
Fintech and Neobank under the same Umbrella
It was started in 1902 to build what came to be called Israel:
Bajaj Allianz Revolutionizes Employee's HR and IT Experience with WhatsApp, MS Teams, Al and Automation
A productivity booster shot at BALIC:
Small Beginning for a Big Opportunity
AMU Leasing's focus on serving the underserved market of individuals and fleets looking for financing for electric 3-wheelers and 2-wheelers: