Financial risk and regulatory compliance pros struggling with collaboration
After several months of working from home, with no clear end in sight, financial risk and regulatory compliance professionals are struggling when it comes to collaborating …
GRC teams have a number of challenges meeting regulatory demands
Senior risk and compliance professionals within financial services company’s lack confidence in the security data they are providing to regulators, according to Panaseer. …
What are the most hack-resistant industries?
Government and financial service sectors globally are the most hack-resistant industries in 2020, according to Synack. Government and financial services scored 15 percent and …
Tracking global cybercrime activity and the impact on the digital economy
A LexisNexis Risk Solutions report tracks global cybercrime activity from January 2020 through June 2020. The period has seen strong transaction volume growth compared to 2019 …
What happens to funds once they have been stolen in a cyberattack?
SWIFT and BAE Systems published a report that describes the complex web of money mules, front companies and cryptocurrencies that criminals use to siphon funds from the …
How COVID-19 affected remote work, customer engagements, and return to the office plans
Top-tier enterprises were 2.6 times as likely to have grown revenue, 2.5 times as likely to have reached profit goals and 2.1 times as likely to have high employee …
Global WAN optimization market to reach $4.88 billion by 2027
The global wide area network optimization market size is estimated to reach $4.88 billion by 2027, registering a CAGR of 9.5% from 2020 to 2027, according to Grand View …
Financial impact of cyber-physical system attacks expected to grow
Liability for cyber-physical security incidents will pierce the corporate veil to personal liability for 75% of CEOs by 2024, according to Gartner. Due to the nature of …
The global cost of cybercrime per minute to reach $11.4 million by 2021
Cybercrime costs organizations $24.7, YOY increase of more than $2 every minute, a RiskIQ report reveals. It will also have a per-minute global cost of $11.4 million by 2021, …
Worldwide AI spending to reach more than $110 billion in 2024
Global spending on AI is forecast to double over the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024. According to IDC, spending on AI …
How can companies avoid the risks of unexpected expenses related to cloud migration?
As companies shift to remote work and move business operations online because of the spread of COVID-19, they are increasingly relying on cloud services. Unexpected expenses …
Brand impersonation is a go-to tactic for attackers, especially for credential phishing and BEC attacks
Trends in BEC and email security during Q2 2020 included a peaking and plateauing of COVID-19-themed email attacks, an increase in BEC attack volume and acceleration of …