risk-management
Top StoriesEricsson’s Provision for U.S. Probe Hints of Smaller Fine, Shares Jump
BusinessEnvironment Risks Dominate in “polycrisis” World – Wef Survey
BankingBanks Still Need to Learn Lessons From 2022 Crises – BoE Says
Top StoriesGermany’s BaFin Tells Eurex Clearing, Clearstream to Clean up Organisational Deficiencies
In a Changing Threat and Regulatory Landscape, Banks Must Rethink Data Protection
Date: January 5, 2023
By Dimitri Nemirovsky, Co-founder & COO, Atakama The cybersecurity postures of banks and financial services organizations are being picked for holes – and not just by the ‘bad guys’. Institutions must take increasingly proactive measures to avoid falling both under the control of hackers and under the regulatory axe. While new regulations are welcome, each...
Japan Insurers to Maintain Cover for Lng Vessels in Russian Waters
Date: December 30, 2022
By Ritsuko Shimizu and Yuka Obayashi TOKYO (Reuters) – Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian waters for at least three months for liquefied natural gas (LNG) vessels, industry sources said on Friday. Japan’s Tokio Marine & Nichido Fire Insurance,...
Permitted Share of China’s Yuan in Russian Wealth Fund Doubled to 60% -Finance Minister
Date: December 30, 2022
MOSCOW (Reuters) – Russia’s finance ministry on Friday said the maximum possible share of Chinese yuan in its National Wealth Fund (NWF) had been doubled to 60% as it restructures its rainy-day fund to reduce dependency on currencies from so-called “unfriendly” nations. The ministry said the permitted share of gold in the NWF would also...
Here’s What the Financial Industry Can Learn From the UK Government’s Cybersecurity Mistakes
Date: December 22, 2022
By Steve Whiter, Director, Appurity Financial firms need trust to survive, and consumers need to know that their data, information, and assets are protected. They trust that their identities will be kept confidential, and they need to trust that critical services can be accessed with little downtime. Financial firms don’t just answer to their consumers...
The Rapid Proliferation in M&A in the Threat Intelligence Market
Date: December 22, 2022
In the post Covid-19 business landscape, the global threat intelligence market size is projected to grow from $7.3 billion in 2020 to $20.6 billion by 2027 with a compound annual growth rate of 16% over the next 5 years. Anthony Platt, co-Head of Technology at finnCap Cavendish, takes a look at the reasons for this...
Five Key Predictions in Corporate Governance to Watch Out for in 2023
Date: December 22, 2022
Market instability shows no signs of easing as we approach the new year, and this will continue to cause shifting political and economic sands; business leaders need to stay educated and engaged to stay ahead, says David Duffy, CEO, and co-founder of the Corporate Governance Institute. In the new year, we need strong corporate board...