Risk Management

Why Is Finance Slow to Adopt Generative AI Despite Its Advantages?
AI & Machine Learning Why Is Finance Slow to Adopt Generative AI Despite Its Advantages?

Since the introduction of OpenAI's ChatGPT in late 2022, generative AI (GenAI) tools have made a rapid ascent in various fields, capturing the public's imagination and amassing over 100 million users mainly for entertainment purposes. However, translating this fascination into practical business

Google’s Quantum Chip Willow: Bitcoin’s Security Face-Off Analyzed
Software & Computing Google’s Quantum Chip Willow: Bitcoin’s Security Face-Off Analyzed

The recent announcement of Google's new quantum computing chip, named "Willow," has sparked a wave of discussions about its potential impact on various fields, particularly the security of Bitcoin. As quantum computing represents a significant leap in computational capabilities, concerns have risen

Group-IB Joins CI-ISAC Australia as Platinum Partner for Cyber Defense
IT Security & Compliance Group-IB Joins CI-ISAC Australia as Platinum Partner for Cyber Defense

In a strategic move to bolster cybersecurity resilience among critical infrastructure sectors in Australia, CI-ISAC Australia has announced that the globally renowned cybersecurity firm Group-IB has joined as its first Platinum Partner. This partnership aims at enhancing the cyber defense

Top U.S. Banks Face Rising Risks from Third-Party Data Breaches in 2024
IT Security & Compliance Top U.S. Banks Face Rising Risks from Third-Party Data Breaches in 2024

A staggering 97% of the top 100 U.S. banks faced substantial risks due to third-party data breaches in 2024, as reported by SecurityScorecard. This alarming statistic underscores significant vulnerabilities in their supply chains, primarily driven by the increasing reliance on third-party vendors

BreakingWAF Vulnerability Puts Fortune 100 Companies at Cyber Risk
IT Security & Compliance BreakingWAF Vulnerability Puts Fortune 100 Companies at Cyber Risk

The emergence of BreakingWAF, a significant vulnerability affecting Web Application Firewalls (WAFs) from renowned providers such as Akamai, Cloudflare, and Imperva, has sent shockwaves through the cybersecurity community. This formidable flaw poses a grave threat, especially to around 40% of

How Can Effective Third-Party Oversight Mitigate Organizational Risks?
IT Security & Compliance How Can Effective Third-Party Oversight Mitigate Organizational Risks?

In today's interconnected business environment, organizations increasingly rely on third-party vendors, contractors, and suppliers to enhance their operations. However, this reliance introduces various risks that can significantly impact an organization's performance and reputation. Effective

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