Risk Management stories - Page 92

Encompass has unveiled its EC360 platform to revolutionise corporate client verification in banking, addressing outdated processes amid rising competition.

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

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.

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

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

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.

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.

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

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

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

As global operations grow more complex, businesses turn to cloud-based ERP systems like NetSuite, which offer integrated compliance solutions and real-time insights.

DTCC outlines its strategic vision for 2025, focusing on tech advancements, risk management, and robust regulatory compliance amid market challenges.

Diligent will host a Cyber Risk Virtual Summit on 5-6 February 2025, uniting leaders to develop strategies against evolving cyber threats.

Experts predict that 2025 will revolutionise AI in banking, enhancing fraud prevention, risk management, and customer experience, according to SAS.

Veracode has acquired Phylum's technology to enhance their ability to combat software threats, addressing rising risks in open-source software security.

Chris Hughes predicts that open source software adoption will grow in 2025, alongside sophisticated attacks and challenges in governance and security.