Strong compliance management is crucial for fintech-bank partnerships
72% of banks and credit unions are prioritizing compliance when evaluating fintechs, citing it as their top criteria in the due diligence process, according to Ncontracts. As …
Companies still don’t know how to handle generative AI risks
Energized by the hype around generative AI, enterprises are aggressively pursuing practical applications of this new technology while remaining cautious about the risks, …
Organizations are racing against time to meet the PCI DSS 4.0 deadline
Payment data security concerns remain widespread as organizations undertake significant lift to meet the PCI DSS 4.0 deadline, according to Bluefin. 94% of survey respondents …
Regulatory activity forces compliance leaders to spend more on GRC tools
Legal and compliance department investment in GRC (governance, risk, and compliance) tools will increase 50% by 2026, according to Gartner. Assurance leaders are seeking out …
Critical business app outages cost $500,000 per hour of downtime
Observability’s adoption is on the rise and full-stack observability leads to better service-level metrics, such as fewer, shorter outages and lower outage costs, according to …
Enterprises persist with outdated authentication strategies
Despite authentication being a cornerstone of cybersecurity, risk mitigation strategies remain outdated, according to new research from Enzoic. With the attack surface …
Cybersecurity risks dampen corporate enthusiasm for tech investments
64% of IT leaders believe that cybersecurity concerns are negatively impacting their organization’s willingness to invest in innovative tech, according to a report by HPE …
Generative AI lures DevOps and SecOps into risky territory
Application security leaders are more optimistic than developer leaders on generative AI, though both agree it will lead to more pervasive security vulnerabilities in software …
Latest fraud schemes targeting the payments ecosystem
Threat actors continued to exploit technical misconfigurations through various fraud schemes, according to a new report from Visa. These include the use of malvertising and …
Privacy concerns cast a shadow on AI’s potential for software development
Organizations are optimistic about AI, but AI adoption requires attention to privacy and security, productivity, and training, according to GitLab. “The transformational …
Companies need to rethink how they implement identity security
More than 80% of organizations have experienced an identity-related breach that involved the use of compromised credentials, half of which happened in the past 12 months, …
CISOs need to be forceful to gain leverage in the boardroom
Over 70% of CISOs feel that the importance of information security is not recognised by senior leadership, according to BSS. The CISOs said their top four highest investment …