Risk Management stories - Page 130

Bridewell research reveals 59% of financial services businesses have faced ransomware attacks in the past year, with legal fines and reputation damage as key repercussions.

A study by Sapio Research reveals 93% of businesses are aware of AI risks, yet only 46% have formal usage guidelines, exposing gaps in oversight and control.

Outpayce and Etraveli Group have joined forces to tackle travel fraud, integrating Etraveli's advanced Precision risk management into Outpayce's payment platform.

Inspira Enterprise appoints Arvind Lakshmiratan as Chief Marketing Officer. With extensive IT marketing expertise, he'll spearhead global market strategies.

Kyriba's Q1 2024 Currency Impact Report has revealed a USD $9.83 billion negative impact due to currency fluctuations, signalling heightened FX risks for global firms.

Six Degrees' UK SME Cloud Intelligence Report 2024 reveals 80% of mid-market firms face unexpected costs in cloud migrations, urging a strategic approach.

As DDoS attacks escalate to unprecedented levels with 'Web DDoS Tsunami,' firms must adopt proactive, adaptive cybersecurity methods or risk severe disruptions.

The financial services sector in the UK is grappling with a severe talent shortage, as 160,000 workers need upskilling to drive essential digital transformation.

Report reveals a disconnect between perceived and actual data security, with 63% of firms overestimating their protective measures despite record data breaches.

A new Intigriti report reveals that 75% of firms worldwide fail to address critical vulnerabilities within 24 hours, risking severe repercussions.

Rapid7 to acquire Noetic Cyber, aiming to bolster its security ops platform with enhanced visibility and threat management. Expected closure: Q3 fiscal 2024.

Tanium and AstraZeneca secure 125,000 endpoints globally through Tanium's XEM platform, enhancing efficiency, visibility, and cybersecurity while reducing downtime.

Progress Software has addressed a critical authentication flaw in its MOVEit Transfer solution, raising concerns over security in essential infrastructure.

Ivalua has launched its External Workforce Management solution, designed to streamline the management of external talent and costs within its Source-to-Pay platform.

Cybersecurity firm Panaseer forecasts that SEC reports may see up to 2,600 mentions of NIST in 2024, a significant increase driven by new SEC rules enforcing detailed cybersecurity disclosures.

Data centres face rising, sophisticated cyber threats linked to geopolitical strife and financial motives. AI and partnerships are key to their defence.

Diligent unveils Diligent AI to enhance risk management for Governance, Risk, and Compliance professionals, integrating AI tools within its One Platform.

Forescout's Vedere Labs reveals network infrastructure and endpoints as top vulnerabilities in 2024, with significant IoT risks and improvements in healthcare device security.

Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.

Claroty's newest platform advancements bolster cyber-physical systems (CPS) security with enhanced asset visibility and a comprehensive array of solutions for reduced risk and cost efficiency.