Risk Management stories - Page 121

FloQast has achieved ISO 42001 certification, joining a select group of firms committed to ethical AI governance and robust management systems.

Tenable has unveiled vital cybersecurity trends for 2025, warning organisations to adapt to the expanding threat landscape and rising data breach costs.

KnowBe4 research reveals the average cost of a data breach rose to USD $4.88 million, underscoring the urgent need for enhanced cybersecurity strategies.

The 2024 surge in AI-driven cybersecurity has transformed threat detection, but emerging AI-led attacks pose new risks as firms brace for 2025 advancements.

The UK aims to lead in artificial intelligence with a new AI Opportunities Action Plan and GBP £14 billion investment from tech firms to enhance various sectors.

Azul has confirmed that its Java solutions now meet the European Union's Digital Operational Resilience Act (DORA) requirements, aiding financial institutions in compliance.

A recent ISACA report reveals that privacy professionals face soaring stress levels due to budget cuts and regulatory pressures, with 63% feeling more stressed than five years ago.

A recent Swimlane report reveals that 68% of organisations fail to tackle critical vulnerability within 24 hours, shedding light on severe challenges in cybersecurity management.

The European cybersecurity distribution market grew by 2% in 2024, with France leading at 12%, while Italy faced an 8% decline amid corruption issues.

The deadline for the EU's Digital Operational Resilience Act has arrived, pushing financial institutions to enhance their cybersecurity and compliance practices.

Dynatrace has launched a new Compliance Assistant app aimed at helping organisations meet the EU's DORA regulations, enhancing resilience and security.

Citi and Barclays have invested in Validis to boost banking innovation, focusing on automated data standardisation for improved lending processes.

Azul has secured compliance for its OpenJDK solutions with the EU's DORA standards, bolstering digital resilience for financial institutions ahead of the 2025 deadline.

The EU's Digital Operational Resilience Act, effective from 17th January, presents both hurdles and opportunities for the financial sector, say industry leaders.

Brightcove has secured the ISO/IEC 27001 certification, reinforcing its commitment to data protection in sectors including media, retail, and finance.

Kaspersky has pledged its commitment to ethical AI usage in cybersecurity by signing the European Commission's AI Pact, reinforcing safe innovation in tech.

Perforce unveils a DORA Fact Sheet as the European Union prepares to enforce the Digital Operations Resilience Act from 17 January 2025, impacting firms globally.

Adyen has introduced Adyen Uplift, an AI-powered tool aimed at optimising payment management and enhancing conversion rates for businesses.

A new analysis by IDS-INDATA reveals a 50% surge in cyber attacks on the manufacturing sector, driven by outdated tech and complex supply chains.

The UK Government has unveiled plans to tackle cybercrime, proposing a ban on ransomware payments for public bodies and a new reporting framework.