Risk Management stories - Page 25

Nearly half of UK energy firms report revenue loss from ransomware, Bridewell finds, with 45% suffering operational disruptions. Phishing incidents persist, averaging 14 per year.

Rich Data Co secures USD $9 million boost from Acorn Capital, elevating total Series B funding to USD $37 million. Funds to drive North America expansion.

Cybersecurity experts have commended the Australian Government's PSPF Direction 002-2024 mandate, aimed at enhancing risk management in vulnerable technologies.

Panaseer launches its Cybersecurity Controls Scorecard, offering CISOs a clear view of security controls performance, backed by trusted internal data.

Insurwave and Ambrey join forces to integrate advanced specialty insurance tech with maritime risk management, promising real-time threat alerts and enhanced security.

Tenable has launched Vulnerability Intelligence and Exposure Response, aiming to revolutionise the USD $16 billion vulnerability management sector.

Sixty-three percent of UK government sector businesses faced ransomware attacks last year, with phishing incidents adding to the sector's cyber security woes.

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.

Modern CFOs now collaborate closely with HR and IT teams, driving strategy and organisational growth while facing economic pressures and talent challenges.

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.

A new report reveals CFOs and CIOs in ANZ are tightening collaborations to ensure technology investments deliver tangible business results.

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.

A new Accenture report has underscored the critical necessity for firms to establish a strong digital core to leverage technologies like generative AI.

Australian banks lead AI adoption with 83% implementation rate, but face hurdles like poor data strategy, employee resistance, and leadership challenges, study reveals.

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.