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Treasury Report: Managing AI-Specific Cybersecurity Risks In The Financial Sector

Financial Services

New Treasury report identifies challenges AI presents the financial services sector; outlines 10 steps to address immediate AI-related operational risk, cybersecurity, fraud challenges.

March Madness Betting: AI Hacking Could Cost U.S. Companies Over $18B

March Madness

Advizex warns of AI cyber threats during March Madness, forecasting record losses for U.S. companies in 2024.

U.S. Workers Anxious About AI Use In Finance, Operations

AI in the workplace

Driven by negative news coverage, salaried workers’ concerns over job loss, business fraud, other potential adverse effects of AI in the workplace outweigh enthusiasm for potential benefits. Widespread apprehensions among U.S. workers regarding the negative impacts of artificial intelligence (AI) are impeding the broader adoption of beneficial AI advancements, finds ... Read more

Political Uncertainty Is Key Challenge For Business Planning

Political Uncertainty

A new Marcum LLP-Hofstra University Survey finds the uncertain political climate influences CEO’s decision-making process and corporate strategy.

AI-based Fraud Detection Recovered $375M in FY 2023

Fraud Detection

The U.S. Department of the Treasury’s Office of Payment Integrity began using AI to deal with increased fraud during the pandemic.

LOCKBIT RANSOMWARE VARIANT Disrupted By United States, United Kingdom

LockBit

Control of public-facing websites and administrative servers used by LockBit to connect to the organization’s infrastructure has been seized.

Risk And Resilience Trends: Predictions For 2024

Resilience 2024

Politics, wars, the environment, economic downturns and AI are global issues that will define 2024 for resilience professionals, predicts new DRI International report.

New Report Charts Roadmap To A Quantum-Secure Financial System

quantum security

On the brink of an unpredictable digital transformation, the World Economic Forum outlines guiding principles to enable a secure future for all.

Climate Adaptation, Resilience Financing Critical To Earth’s Survival

Climate Adaptation

Every dollar a company invests in adaptation and resilience measures can yield $2 to $15 in financial benefits, according to a new report.

Survey Exposes Gap Between Organizations’ Perceived, Actual Risk Preparedness

2024 HUB Outlook Executive Survey, Risk Preparedness

Gaps in preparedness increase vulnerabilities in financial stability, workforce vitality, and maintaining resiliency in times of crisis.

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