Risk Management stories
Coalition predicts 25% surge in cyber vulnerabilities for 2024
Cyber-insurance provider, Coalition, forecasts a 25% increase in cyber vulnerabilities in 2024, in its just released Cyber Threat Index, warning businesses to prepare for an escalating digital risk landscape.
Barracuda report highlights rise of high-risk business security threats in 2023
Barracuda's 2023 threat research reveals an increase in high-severity cyber attacks targeting businesses, predominantly through business email compromise and malicious code, exacerbating concerns over network security.
Gartner outlines six trends to shape cybersecurity by 2024
Gartner's report projects six emerging trends, including GenAI and behavioural changes, expected to shape the cybersecurity landscape by 2024, aiming for stronger organisational resilience.
Proaxiom launches ASD-compliant cybersecurity for SMBs & MSPs
Proaxiom Australia launches a Microsoft technology-based cybersecurity solution for SMBs and MSPs, providing Essential Eight compliance, cyber insurance readiness, and continuous assistance from a Security Operations Centre.
Finastra & SYSTEX partner to boost Taiwan's banking sector
Finastra has inked a new partnership with Taiwan's SYSTEX to boost digital transformation and growth in Taiwan's banking sector, with SYSTEX to resell Finastra's Kondor and Risk solutions.
Kiteworks launches new DRM technology for secure file sharing
Kiteworks introduces SafeEDIT, a next-gen digital rights management tech focusing on secure file sharing using video streaming.
Fraud experts predict tripled use of AI tools by 2024
Amid growing cybercrime threats, a report indicates that 83% of anti-fraud professionals plan to integrate generative AI into their tools by 2024, tripling its current use.
Rising fraudulent ads on search engines prompt calls for vigilance
Rising instances of fraudulent software ads on search engines lead to heightened scrutiny and calls for user vigilance, warns cybersecurity firm Oxylabs.
Action1 unveils 'Patching That Just Works' for superior network security
Action1 Corporation unveils 'Patching That Just Works', an updated platform feature striving for a 99% success rate in patch deployment, responding to user feedback for a reliable, user-centric solution.
Visa's AI technology thwarts $714m fraud in Australia
Visa's AI-powered fraud solution has blocked $714m in attempted scams in Australia, over double the previous year's figure.
Rapid7 launches Managed Digital Risk Protection service
Rapid7, renowned for risk and threat detection, introduces Managed Digital Risk Protection service to proactively neutralise cyber threats.
AI uptake rises in financial services despite data challenges
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.
Channel partners perceive EU's NIS2 directive as revenue opportunity
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.
Exposure management: a strategic ally in essential eight cybersecurity resilience
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 expands CyberSecurity Asset Management with real-time identification
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 platform skyrockets by 56% in 2023
Orbus Software's flagship SaaS platform, OrbusInfinity, grew by a staggering 56% in 2023, bolstering profitability and debt refinancing one quarter ahead of schedule.
Claroty appoints Derek Phillips as new Chief Revenue Officer
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.
Risky AI & bots manipulate markets, warn UK finance professionals
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 AI-powered threat-hunting with new WatchTower features
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 launches pioneering investment screening tool with BIGTXN
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.
Strengthening cybersecurity: The rise of the Security Assurance Officer
Through risk assessments, vulnerability analyses, and simulated cyberattacks, SAOs provide real-time insights into an organisation's security resilience.
Five ways to improve risk management through effective process automation
Automation allows for real-time monitoring and reporting of operational activities, enabling businesses to identify and address risks promptly.
Nozomi Networks launches industry-first wireless spectrum sensor for OT & IoT security
Leading provider of Ops Technology (OT) and Internet of Things (IoT) security Nozomi Networks has launched a new sensor.
ReadiNow secures 14th patent boosting enterprise workflow automation
ReadiNow, an Australian enterprise workflow automation leader, further cements its industry position with a 14th patent, offering enhanced visualisation capabilities for improved risk management.