Risk Management stories - Page 108

The EU finalises a General-Purpose AI Code of Practice to guide industry compliance ahead of the AI Act's new rules starting August 2025.

Security scores for hybrid identity systems drop to 61 in 2025, with mid-sized companies and government sectors facing the biggest vulnerability challenges.

Azul and Payara have partnered to offer a codeless, lift-and-shift solution simplifying Java application modernisation across hybrid and multi-cloud environments.

AI-driven cyberattacks are currently rare due to key flaws in models, with research showing AI lacks reliability for complete autonomous hacks.

Cynomi enhances its vCISO platform with Business Impact Analysis and Business Continuity Planning, helping MSPs and MSSPs boost cybersecurity and resilience.

Celonis and Bright Cape launch Smart KYC Control Tower app to help financial firms cut costs, boost compliance and improve customer experience in KYC processes.

IDnow strengthens its global leadership with key executive hires to advance its vision of embedding trust in digital identity verification worldwide.

Seventy percent of CFOs still rely on Excel for finance despite risks of costly errors, data breaches, and lack of control over critical financial data.

Appian has been named on FinTech Global's 2025 AIFinTech100 list for pioneering AI-driven solutions that transform banking, compliance and financial services workflows.

OpenText launches MyAviator, a secure personal AI assistant designed to enhance productivity and streamline workflows for digital knowledge workers.

Diligent has been named a Leader in the IDC MarketScape 2025 for its AI-powered governance, risk, and compliance software platform.

LevelBlue's acquisition of Trustwave creates the world's largest pure-play managed security services provider, enhancing global cyber defence capabilities.

OneFamily is partnering with ANS to modernise its IT by migrating to Microsoft Azure, aiming to cut costs and support 1.5 million UK customers with scalable cloud tech.

Qantas's robust data management at least identified a recent breach via a third party, protecting sensitive customer information amid rising cyber threats.

New research reveals 84% of fintechs lack robust API security, exposing sensitive payment data to significant cyber risks beyond regulated sectors.

A Trend Micro survey finds 81% of global firms use AI in cybersecurity but 94% fear rising AI-driven cyber risks in the next 3-5 years.

Ransomware attacks via phishing have surged 57.7%, with damages expected to hit $275 billion by 2031, urging firms to bolster human defences now.

Cybercriminals are exploiting GenAI and Vercel's v0.dev to rapidly create realistic phishing sites, raising the threat of large-scale, sophisticated attacks.

Exabeam launches its AI-powered Nova Advisor Agent to help CISOs turn complex security data into strategic insights for board-level presentations.

LevelBlue will acquire Trustwave, creating the world's largest pure-play managed security services provider with enhanced global cybersecurity capabilities.