Risk Management stories - Page 8

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.

Tesserent will lead the Victorian Cyber Security Showcase on 23 July in Melbourne, uniting government and private sectors to address evolving cyber threats.

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

Optic Security Group announces Vicki Barber's promotion to Group Brand Strategy and Innovation Director, leading a new division with top hires, including Vlado Damjanovski and Nicholas Dynon.

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.

McGrathNicol has promoted Melissa Smith, Alex Morkos, and Mark Wroniak to its partnership, expanding to 55 partners. 11 directors were also promoted.

Progress Software recently patched a high-severity authentication bypass in its MOVEit managed file transfer solution, as we're reminded of the importance of security for critical infrastructure.

Ivalua has unveiled its External Workforce Management solution, promising seamless integration within its Source-to-Pay platform to optimise talent selection, costs, and risk management.

Australia’s CSO Group and xAmplify are set to merge, forming the nation's largest integrator of AI, cyber security, and business automation services, with a combined turnover of AUD $100 million.

Gold remains a prized commodity due to its role as a store of value, a hedge against inflation, and its appeal during economic uncertainty and market volatility.

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.

Generative AI, once a niche term, is now pivotal to automation and business processes, creating substantial value but requiring rigorous data governance.