Risk Management stories - Page 14

UK and US financial services and insurance firms are increasingly embracing AI, however, data silos and operational risk concerns are impeding widespread application, says an EXL study.

93% of channel partners see upcoming EU cybersecurity directive NIS2 as a revenue-growing opportunity, according to a survey by global tech provider Westcon-Comstor.

In response to the increasing sophistication of cyber threats, the Australian Signals Directorate has revised its Essential Eight Maturity Model (E8MM), incorporating exposure management to proactively identify and prioritise risks, aiding businesses in effectively defending against cyber attacks.

Qualys bolsters its CyberSecurity Asset Management with real-time identification of untrusted devices, providing complete internal attack surface coverage and reinforcing its status as an industry leader.

Orbus Software's flagship SaaS platform, OrbusInfinity, grew by a staggering 56% in 2023, bolstering profitability and debt refinancing one quarter ahead of schedule.

Cyber-physical system security firm, Claroty, appoints industry veteran, Derek Phillips, as Chief Revenue Officer amidst continued company growth surpassing $100 million in annual recurring revenue.

94% of senior UK finance professionals consider AI-driven market manipulation an impending threat, as bots harbour potential to covertly disrupt trading, cites a study by eflow Global.

SentinelOne boosts its AI-enabled WatchTower threat-hunting services with new features, helping businesses combat increasingly complex cyber attacks with machine speed effectiveness.

Dow Jones Risk and Compliance unveils Risk and Compliance Financial Instruments, a cutting-edge solution for optimising pre- and post-trade investment screening amid an increasingly complex regulatory environment.

Through risk assessments, vulnerability analyses, and simulated cyberattacks, SAOs provide real-time insights into an organisation's security resilience.

Automation allows for real-time monitoring and reporting of operational activities, enabling businesses to identify and address risks promptly.

Leading provider of Ops Technology (OT) and Internet of Things (IoT) security Nozomi Networks has launched a new sensor.

ReadiNow, an Australian enterprise workflow automation leader, further cements its industry position with a 14th patent, offering enhanced visualisation capabilities for improved risk management.

There will be an immediate need for greater focus on compliance packs by CISOs, not just this year but over the next couple of years.

Over 50% of Australian lenders feel unprepared to assess customer creditworthiness effectively in the current economic climate due to insufficient data, according to a new report.

Barracuda Networks bolsters executive team with Nell ODonnell as Chief Legal Officer and Kim Mota as Chief Human Resources Officer, reflecting expansion plans.

Advisory firm McGrathNicol has joined the Australian Insider Risk Centre of Excellence as a Founding Partner, set to contribute towards enhancing Australia’s cyber resilience.

STX Next warns businesses not to dismiss mature AI services over futuristic GenAI, emphasising their immediate efficiency and cost-effectiveness boost.

What can the 2023 ransomware stats tell us about the year that was, and how can we use them to plan for the year ahead?.

Digital finance transformation leader, BlackLine, taps industry veteran Emily Campbell as Chief Marketing Officer to spearhead global strategy amid rising demand for automated risk management solutions.