risk-management
FinanceIn a Crisis, Risk Culture Eats Operational Risk Management for Breakfast, Lunch and Dinner
TechnologyNavigating the Challenges and Opportunities Within Cybersecurity
Top StoriesFactbox-Companies Sell Their Businesses in Russia
BusinessHow CFOs and Development Teams Can Work Together to Mitigate Cyber Risk
Top Cyber Threats Faced by Banks
Date: May 12, 2022
By Darren Williams, CEO and Founder, BlackFog The financial sector has been a frequent target of sophisticated cyberattacks in recent years with banks being the most common victims. Last year, almost 47% of all financial data breaches were targeted at banking organisations. This influx of threats was evidently a result of increased digital banking and...
Shifting Goalposts: The Many Challenges of a Chief Compliance Officer
Date: May 12, 2022
By Harriet Christie, Operations Director, MirrorWeb A new framework was recently put forward by the National Society of Compliance Professionals (NSCP), as it seeks to better define its members’ personal liability in a firm’s regulatory mishaps. It appears that compliance officers are feeling vulnerable as regulations intensify around them. And who can blame them, considering the additional...
Zurich Expects to Exceed All 2022 Financial Targets
Date: May 12, 2022
By Carolyn Cohn and Silke Koltrowitz ZURICH/LONDON (Reuters) -Zurich Insurance said on Thursday it expects to exceed all its 2022 financial targets, as it reported a double-digit first-quarter rise in premiums and said its losses from the Ukraine conflict were likely to be immaterial. Zurich, Europe’s fifth-largest insurer, set out three-year targets in Nov 2019,...
Bring Your Own Device – Enterprise Friend or Foe?
Date: May 11, 2022
By Milad Aslaner, Head of Technology Advisory Group, SentinelOne When it comes to cybersecurity, it’s no secret that businesses have been investing considerable resources into covering traditional user endpoints like desktop workstations and laptops over the past few years. After all, these were the primary devices employees and customers used to connect to an organisation’s...
How Banks Can Meet Compliance Requirements as Russian Sanctions Increase
Date: May 11, 2022
By Shiran Weitzman, CEO of Shield In February, banks around the world halted transactions involving designated Russian financial institutions as global authorities enacted numerous sanctions in response to the country’s invasion of Ukraine. Since then, banks everywhere have been struggling to navigate the complexities and costs of complying with the ever-changing sanctions that have ensued...
Bank of Spain Sees Moderate Immediate Risk to Banks From Climate Policies
Date: May 11, 2022
By Jesús Aguado MADRID (Reuters) – Spain’s transition to cleaner energy could bring more notable risks to sectors with higher CO2 emissions, such as transport, manufacturing and agriculture, though any impact on banks would be moderate in the short run, the Bank of Spain said. In an analysis of how increasing prices of CO2 emission...