Risk Management

Bank of England Will Review the Risks That AI Poses to UK Financial Stability

Bank of England Will Review the Risks That AI Poses to UK Financial Stability 06/12/2023 at 21:16 By Associated Press The Bank of England will make an assessment next year about the risks posed by artificial intelligence and machine learning. The post Bank of England Will Review the Risks That AI Poses to UK Financial […]

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Bridging the risk exposure gap with strategies for internal auditors

Bridging the risk exposure gap with strategies for internal auditors 30/11/2023 at 07:31 By Mirko Zorz In this Help Net Security interview, Richard Chambers, Senior Internal Audit Advisor at AuditBoard, discusses the transformational role of the internal audit function and risk management in helping organizations bridge the gap in risk exposure. He talks about how

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Five Cybersecurity Predictions for 2024

Five Cybersecurity Predictions for 2024 29/11/2023 at 16:46 By Torsten George Cybersecurity predictions for 2024 to help security professionals in prioritizing efforts to navigate the ever-changing threat landscape. The post Five Cybersecurity Predictions for 2024 appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS Feed View Original Source React to this headline:

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5 resolutions to prepare for SEC’s new cyber disclosure rules

5 resolutions to prepare for SEC’s new cyber disclosure rules 29/11/2023 at 08:32 By Help Net Security 2023 has been marked as a year of global conflict and unrest, all of which will impact the cyber threat landscape for years to come. However, one of the most significant cyber security developments for 2024 isn’t driven

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Enterprises prepare for the inevitable cyber attack

Enterprises prepare for the inevitable cyber attack 29/11/2023 at 07:31 By Help Net Security Recent IDC research shows that in many cases, senior executives/line-of-business leaders are minimally engaged in their company’s cyber preparedness initiatives. In fact, 52% of senior leaders have no involvement in their company’s cyber cases. In this Help Net Security video, Rahul

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Humans Are Notoriously Bad at Assessing Risk

Humans Are Notoriously Bad at Assessing Risk 22/11/2023 at 15:17 By Joshua Goldfarb When too much subjectivity is mixed into risk assessment, it can produce a risk picture that is not an accurate representation of reality.  The post Humans Are Notoriously Bad at Assessing Risk appeared first on SecurityWeek. This article is an excerpt from

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5 Steps to Assessing Risk Profiles of Third-Party SSE Platforms

5 Steps to Assessing Risk Profiles of Third-Party SSE Platforms 20/11/2023 at 15:46 By Etay Maor It’s crucial to thoroughly assess the risk profiles of various SSE platforms and weigh their suitability against their organization’s risk tolerance before adopting SSE. The post 5 Steps to Assessing Risk Profiles of Third-Party SSE Platforms appeared first on

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Cyber risk is business risk: Qualys Enterprise TruRisk Platform sets new industry standard

Cyber risk is business risk: Qualys Enterprise TruRisk Platform sets new industry standard 13/11/2023 at 10:33 By Help Net Security In this Help Net Security interview, Sumedh Thakar, President and CEO of Qualys explores the vision behind the Qualys Enterprise TruRisk Platform, a strategic move aimed at redefining how enterprises measure, communicate, and eliminate cyber

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Rethinking cyber risk: The case against spreadsheets

Rethinking cyber risk: The case against spreadsheets 10/11/2023 at 08:02 By Help Net Security In this Help Net Security video, Christina Hoefer, VP of Global Industrial Enterprise at Forescout, discusses why it is time for manufacturers/OT security leaders to “toss the spreadsheet” regarding their traditional methods of tracking data for cyber risk assessments. She addresses

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Unpacking the challenges of anti-money laundering obligations

Unpacking the challenges of anti-money laundering obligations 09/11/2023 at 08:32 By Help Net Security When managing anti-money laundering (AML) obligations, many challenger banks turn to basic or unproven in-house risk management solutions. Although these solutions can, in some ways, be innovative, they are often built quickly and lack thorough testing, leading to potential vulnerabilities. In

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The Alameda gap and crypto liquidity crisis explained

The Alameda gap and crypto liquidity crisis explained 07/11/2023 at 21:02 By Cointelegraph By Arunkumar Krishnakumar The November 2022 Alameda gap exposed vulnerabilities in the crypto market, shedding light on FTX and Alameda Research’s fraud. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Securing data at the intersection of the CISO and CDO

Securing data at the intersection of the CISO and CDO 06/11/2023 at 08:34 By Help Net Security Two groups in particular play a key and critical role in ensuring data governance and security: the CISO and the CDO. CISOs are responsible for identifying and managing risks associated with data security, while CDOs are responsible for

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The roadblocks to preventive cybersecurity success

The roadblocks to preventive cybersecurity success 06/11/2023 at 08:04 By Help Net Security In the last two years, the average organization’s cybersecurity program was prepared to defend preventively, or block, just 57% of the cyberattacks it encountered, according to Tenable. This means 43% of attacks launched against them are successful and must be remediated after

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How human behavior research informs security strategies

How human behavior research informs security strategies 02/11/2023 at 08:01 By Mirko Zorz In this Help Net Security interview, Kai Roer, CEO at Praxis Security Labs, explores the theoretical underpinnings, practical implications, and the crucial role of human behavior in cybersecurity. Roer explains why a comprehensive understanding of human complexity is paramount in today’s security

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The Cybersecurity Resilience Quotient: Measuring Security Effectiveness

The Cybersecurity Resilience Quotient: Measuring Security Effectiveness 25/10/2023 at 16:31 By Rik Ferguson The Cybersecurity Resilience Quotient empowers organizations to assess their security posture comprehensively, considering asset exposure, vulnerabilities, and criticality alongside process and network architecture and disaster recovery plans. The post The Cybersecurity Resilience Quotient: Measuring Security Effectiveness appeared first on SecurityWeek. This article

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Only a fraction of risk leaders are prepared for GenAI threats

Only a fraction of risk leaders are prepared for GenAI threats 23/10/2023 at 06:31 By Help Net Security While 93% of companies recognize the risks associated with using generative AI inside the enterprise, only 9% say they’re prepared to manage the threat, according to Riskonnect. The research reveals a profound AI risk management gap: To

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Business resilience becomes primary force behind cybersecurity investments

Business resilience becomes primary force behind cybersecurity investments 19/10/2023 at 06:03 By Help Net Security Over 80% of northern European organizations emphasize that the need to ensure business resilience is the top driver for their cybersecurity investments, according to Nixu. The report reveals both encouraging progress and increasing concerns. Alarmingly, 50% of organizations reach only

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How to go from collecting risk data to actually reducing risk?

How to go from collecting risk data to actually reducing risk? 17/10/2023 at 08:17 By Help Net Security Organizations trying to cope with securing their expanding attack surfaces eventually find themselves at a crossroads: they need to move beyond finding risks to effectively mitigating risk. Making that transition starts with a shift from using “risks

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The collaborative power of CISOs, CTOs and CIOs for a secure future

The collaborative power of CISOs, CTOs and CIOs for a secure future 17/10/2023 at 07:03 By Mirko Zorz In this Help Net Security interview, Phil Venables, CISO at Google Cloud, discusses the results of a recent Google report on board collaboration with the C-suite — particularly the CIO, CTO, and CISO to stay current with

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CISOs and board members are finding a common language

CISOs and board members are finding a common language 16/10/2023 at 07:39 By Help Net Security 86% of CISOs believe generative AI will alleviate skills gaps and talent shortages on the security team, filling labor-intensive and time-consuming security functions and freeing up security professionals to be more strategic, according to Splunk. 35% report using generative

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