OAIC Figures Show Data Breaches in Australia Are on the Rise
Australia saw a 25% rise in data breaches in 2024, according to OAIC. Learn why cyber risk is growing and how GRC software can help your organization stay secure and compliant.
A New Era: Embracing the Role of Digital Risk & Resilience
By Michael Rasmussen, The GRC Pundit & Analyst, GRC 20/20 Research In the rapidly evolving landscape of governance, risk management, and compliance (GRC), information security is undergoing a significant transformation. This evolution reflects the [...]
What Is the Digital Age?
Technology is evolving faster and faster, and people are eager to embrace it. In 2019, there were 5.112 billion mobile users, 4.388 billion internet users, and 3.484 bn active social media users. All of [...]
Spreadsheet Software vs Risk Management Software: A Side-by-Side Comparison
Spreadsheet software is universally loved for being so easy to use, modify, and share. The tidy rows and endless fonts and colors make just about anything look great. That’s why spreadsheets are still the [...]
5 Reasons Why Fintechs Need Effective Risk Management to Survive in a Competitive Market
Fintech – financial technology -- is booming, and the UK is leading the way with some of the most innovative digital technology like blockchain and artificial intelligence (AI) that are inspiring new ways of working [...]
Will a crackdown on money service businesses thwart the criminals?
Criminals with vast sums of cash to launder, such as those dealing in drugs, human trafficking or terrorism, are shunning banks because of their stringent AML provisions and instead using money service businesses – and [...]
Cost and consequences of Travelex hack could run and run
On New Year’s Eve, foreign exchange provider Travelex was hit by a devastating ransomware attack, which weeks later is far from resolved. There is no doubt, however, that the repercussions will continue for many months, [...]
‘Deepfakes’ – an increasing risk for financial services
Combine ‘deep’ from deep learning with ‘fake’ and you have ‘deepfake’ – a method using artificial intelligence to create human images often with a lip-synched voice. The end result can be highly convincing, and the [...]
Pressure mounts for search engines to block online scam advertising
Internet giant Google, along with other search engines and social media providers, are facing growing pressure to stop accepting advertising for fake investments and other financial services. Complaints against Google are being led by Andrew [...]
2020 Cyber Risk Landscape
From election risk, the impact of 5G, geopolitical tensions, deepfakes and more, the cybersecurity landscape is intensifying. What should risk managers consider when evaluating and articulating the business impact of these threats to senior [...]
Cyber security – progress is no reason for complacency
It’s notable that hackers have had a reduced presence in the headlines of late and it finally appears that efforts to curb their activities via improved security solutions and better collaboration are paying off. [...]
Criminals use social media as a fast track for fraud
When it comes to fraud, social media is a double-edged sword. It’s a useful tool in the fraud investigator’s armory, but in far greater numbers, criminals are finding it a quick, easy and anonymous route [...]