risk-management
FinanceQuantitative Finance Toolbox: Exploring Numerical Methods for Financial Analysis
InvestingHow to Protect Your Investments From Market Volatility
BankingBanking Analytics: Uncovering Insights for Operational Efficiency and Risk Assessment
FinanceQuantum Computing in FinTech Potential Applications and Implications
U.S. Regulation Fears Drive Insurers’ Climate Alliance Break-Up
Date: June 2, 2023
LONDON (Reuters) -The success of Republicans in triggering the break-up of a coalition of insurance firms aimed at tackling climate change is down to U.S. states being the industry’s primary regulator, interviews with industry executives and former officials show. The U.N.-backed Net-Zero Insurance Alliance (NZIA), formed in 2019 to get insurers to commit to reducing...
Top AI CEOs, Experts Raise ‘risk of Extinction’ From AI
Date: May 31, 2023
STOCKHOLM/LONDON (Reuters) – Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on Tuesday joined experts and professors in raising the “risk of extinction from AI”, which they urged policymakers to equate at par with risks posed by pandemics and nuclear war. “Mitigating the risk of extinction from AI should be a global priority...
Data Security: Why the Responsibility Sits With the C-Suite
Date: May 30, 2023
Data has become the most valuable asset for companies of all sizes. By 2023, the big data analytics market is set to reach $103 billion. The sheer volume of data being generated and stored by businesses has increased exponentially over the past decade, leading to increased risks and vulnerabilities associated with data breaches. According to...
How Financial Institutions Can Avoid Re-Infection in the Age of Ransomware
Date: May 30, 2023
How financial institutions can avoid re-infection in the age of ransomware Martin Brown, GVP EMEA and APJ, Rubrik Over the past few years, ransomware has been dominating headlines across the world. It has evolved from small-time hackers to a lucrative economy run by sophisticated cybercriminal gangs and even state-sponsored groups. It continues to pose a...
Italy’s Industry Ministry Reports ‘heavy’ Cyberattack
Date: May 26, 2023
Italy’s Industry Ministry reports ‘heavy’ cyberattack MILAN (Reuters) – The Italian Industry Ministry’s web portal and applications were hit by a “heavy cyberattack” on Friday and were out of order, it said. Technicians were working to “mitigate the consequences” of the attack, it wrote in a statement, adding that initial checks showed no evidence of...
Equinor Shuts Output at Statfjord a Platform Due to Leakage
Date: May 26, 2023
Equinor shuts output at Statfjord A platform due to leakage OSLO (Reuters) – Norway’s Equinor said it shut production at the Statfjord A oil and gas platform in the North Sea on Thursday due to a gas leakage. Equinor had detected a leakage of hydrogen sulfide gas in one of the platform shafts, a spokesperson...