Risk Management stories - Page 96

Commvault launches AI-driven tools within its Cloud Unity platform to enhance detection, removal and validation in cyberattack data recovery processes.

Phishing attacks surged in 2025, with a 67% rise exploiting trusted platforms like Zoom and PayPal, and a 449% increase in phone-based vishing incidents targeting businesses.

Insurability is becoming the key test for boardroom AI and climate strategies as regulators, insurers, and investors demand rigorous risk management and governance.

Most firms use AI, but only a small fraction have scaled it widely, says McKinsey, with just 39% seeing notable financial benefits so far.

Nearly half of financial firms struggle to scale AI fully due to data silos and security concerns, despite widespread adoption and hybrid deployment strategies.

Catherine Birkett, CFO at GoCardless, joins Twinkl as Non-Executive Director and Audit & Risk Committee Chair amid the company's global growth.

Over half of retailers hit by ransomware have paid ransoms, with demands doubling to a median of USD $2 million, Sophos reports in its 2025 study.

AI adoption in process safety grows, but impact on reducing incidents lags as industries face ageing assets and skill shortages, says Sphera report.

A survey reveals private equity sponsors and CFOs clash on exit readiness timing, risking up to three turns loss in company valuation during sales.

CrowdStrike unveils Charlotte Agentic SOAR and new AI agents, enhancing real-time cyber defence and visibility across IT, cloud, and OT environments.

Bugcrowd has acquired Mayhem to combine AI-driven automation with human expertise, enhancing continuous cybersecurity testing across software lifecycles.

EY US partners with CrowdStrike to modernise cyber operations using Falcon Next-Gen SIEM, enhancing AI-driven security and accelerating legacy system migration.

Attara launches Explore Zone, an AI-powered platform offering free enterprise-level hedging tools to help SMEs manage market risks more effectively.

Formalize raised EUR €30 million to enhance its compliance tech and expand across Europe, focusing on SMBs facing growing regulatory demands.

CFOs lead AI investment strategies in finance, yet only one in three achieve successful large-scale deployment amidst challenges like talent shortages and ROI doubts.

AI training saves firms GBP £14,000 per employee annually by boosting productivity, with staff gaining 7.5 hours weekly, says London School of Economics study.

Outpost24 launches an all-in-one PCI DSS compliance platform, combining certified expertise and automation to ease payment card security management.

OpenText unveils AI-driven security tools in Cloud Editions 25.4 to help enterprises enhance compliance and manage risks while adopting AI safely.

Research reveals professionals over 50 are crucial for ethical AI oversight, enhancing business performance and reducing risks in the workplace.

UK retailers like M&S and Harrods face soaring AI-driven phishing and vishing scams, with phone attacks rising 449% and losses hitting hundreds of millions.