Improving Resilience in the Wake of a Crisis
Improving Resilience in the Wake of a Crisis Following the countless disruptions experienced during the height of the COVID-19 pandemic, most operations have either adapted to new processes or returned to a sense of past normalcy. Organizations should take this opportunity to look back at how they dealt with each challenge throughout the pandemic and leverage those insights to bolster resilience for future disasters.
Read moreCybercrime (and Security) Predictions for 2023
Cybercrime (and Security) Predictions for 2023 Threat actors continue to adapt to the latest technologies, practices, and even data privacy laws—and it’s up to organizations to stay one step ahead by implementing strong cybersecurity measures and programs. Here’s a look at how cybercrime will evolve in 2023 and what you can do to secure and protect your organization in the year ahead.
Read moreMost startups have cyber insurance but are uncertain about how much risk is covered
Most startups have cyber insurance but are uncertain about how much risk is covered Despite the significant economic headwinds startups currently face – from a challenging fundraising landscape to inflation woes and difficult operational decisions – company founders remain pointedly focused on advancing their cybersecurity protections now and moving forward, according to Embroker.
Read moreExecutives take more cybersecurity risks than office workers
Executives take more cybersecurity risks than office workers Ivanti worked with cybersecurity experts and surveyed 6,500 executive leaders, cybersecurity professionals, and office workers to understand the perception of today’s cybersecurity threats and find out how companies are preparing for yet-unknown future threats.
Read moreLack of Cyber Incident Response Plans Endemic in Asia-Pacific, Impacting Data Security and Reputation
Lack of Cyber Incident Response Plans Endemic in Asia-Pacific, Impacting Data Security and Reputation A third of APAC businesses lack a cyber incident response plan and the requisite knowledge. Data breaches and other cyber event concerns have recently made news in various nations, including Australia, Malaysia, Singapore, and the Philippines. The severity of the breaches in certain nations has prompted their governments to consider new ways to strengthen rules and hold businesses accountable for protecting their citizens’ personal information.
Read moreConsumer Privacy, Corporate Risks and More
Consumer Privacy, Corporate Risks and More Cyberattacks will hurt a business’s ability to run even more in the future if it doesn’t treat cybersecurity as a business investment. The top eight cybersecurity forecasts made by Gartner convey this message to CISOs, CIOs, and other executives in security and risk management throughout the globe. As much as remote work, hybrid cloud integration, and digital transformation projects continue to strain IT and cybersecurity teams, this fact serves as a sobering reminder that the threat landscape is evolving faster than most organizations can respond.
Read moreRansomware Still Tops Cybersecurity Risks with Other Emerging Risks, Allianz Reports
Ransomware Still Tops Cybersecurity Risks with Other Emerging Risks, Allianz Reports While incidences of corporate email compromise are on the rise and are expected to expand even further in the era of deep fakes, ransomware continues to be one of the top cyber risks for organizations worldwide. According to recent research from Allianz Global Corporate & Specialty (AGCS), the crisis in Ukraine and broader geopolitical tensions are a huge concern as hostilities could flow into cyberspace and create targeted assaults against firms, infrastructure, or supply networks.
Read moreHere’s What Makes a Proven Approach Crucial in Managing ESG Risk
Here’s What Makes a Proven Approach Crucial in Managing ESG Risk Managers have now begun to address Environmental Social and Governance (ESG) risk in their offerings, operations, and supply chains, as ESG gives major impact on businesses and is urged by customers, investors and regulators. With the rise of ESG, business leaders also need to better understand and address ESG-related priorities with proven approaches for risk management.
Read moreSuccessful ESG risk management needs the right data
Successful ESG risk management needs the right data Customers, investors, and regulators have all demanded effective large-scale environmental, social and governance (ESG) risk management and performance from companies, as they require companies to demonstrate transparent and credible ESG practices. In the first half of the year, some countries have already drawn up plans and rules regarding the issue. For example, the UK’s Financial Conduct Authority is preparing to regulate ESG rating providers, while the USA’s Securities and Exchange Commission may also propose rules regarding shared business information.
Read moreApplying ERM to ESG
Applying ERM to ESG As organizations navigate a changing risk landscape, the complexity of new risk factors has prompted their stakeholders and regulators to demand that they reconsider how they conduct their business. Organizations are being asked to make substantive changes to further instill accountability, transparency and sustainability at all levels of their operations. In particular, there has been an emphasis on instituting environmental, social and governance (ESG) programs in organizations.
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