Risk Management stories - Page 120

Nationwide has partnered with CAPSLOCK to launch a cyber security training programme, aiming to enhance diversity and skills in the UK's cyber workforce.

A report reveals that 59% of cyber breaches in the top 150 insurance firms stem from third-party attacks, exposing serious supply chain vulnerabilities.

Wolters Kluwer's latest report reveals significant challenges for internal auditors, highlighting 40% of firms struggle with duplicative assurance efforts.

The Cloud Security Alliance has released a pivotal report on AI governance, guiding organisations on the responsible adoption of AI technologies.

SafeBreach has launched its innovative exposure validation platform, designed to enhance enterprise cybersecurity through insights and proactive risk management.

Nationwide has teamed up with CAPSLOCK to launch a new cybersecurity training programme aimed at enhancing skills and promoting diversity in IT careers.

Freshworks has appointed Venki Subramanian as Senior Vice President of Product Management for Customer Experience, aiming to enhance its offerings for over 68,000 clients.

Encompass has unveiled its EC360 platform to revolutionise corporate client verification in banking, addressing outdated processes amid rising competition.

The European Union's Artificial Intelligence Act will take effect on 2nd February, banning high-risk AI uses like facial recognition and social scoring.

KYND, a London-based insurtech firm, urges the financial services to enhance long-term cyber resilience as the EU's Digital Operational Resilience Act takes effect.

ReliaQuest's latest report reveals a staggering 32% rise in ransomware cases targeting finance and insurance firms, with attackers moving significantly faster in 2024.

Unit4's new IDC study highlights how CFOs are essential in integrating AI technology within businesses, facing challenges like compliance and excessive reporting.

The Cloud Security Alliance has released a report addressing SaaS complexities for mid-market organisations, revealing that many struggle with security amid limited resources.

Endor Labs has launched AI Model Discovery, a feature helping businesses identify and manage open source AI models, enhancing application security.

Morné Rossouw of Kyriba outlines how the EU AI Act, effective from February 2025, will reshape CFOs' roles and finance teams across Europe.

As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.

Lexsoft has secured ISO/IEC 27017 certification for its cloud services and expanded its T3 knowledge management solution across the EU, UK, and US.

Marqeta has partnered with Trading 212 to launch a debit card, enabling the app's expansion into 20 new European markets and enhancing customer accessibility.

French platform Pigment has partnered with Deloitte to deliver AI-driven planning solutions, enhancing corporate agility amid rapid market changes.

As Data Privacy Day approaches, industry leaders stress the importance of robust measures to enhance data security amidst growing digital vulnerabilities.