DigiAlly, a Singapore-based fintech startup, has developed an AI model for SMEs that goes beyond conventional approaches to accessing finance. CEO and MD Shrikant Patil said MSMEs can enhance their access to credit and equity by adopting new technologies related to agility and cash flow management.
Clarke Rodgers, director of enterprise strategy with AWS, explores the realm of generative AI and its role in cyber risk management. In an interview with ISMG, he shares insights into navigating regulatory impacts and leveraging AI-driven security automation for compliance.
The business world has apprehensions about the accuracy of outcomes produced by generative AI models. There are strong concerns about data privacy, AI hallucinations and bias. Does OpenAI's enterprise edition of ChatGPT address these challenges?
IoT systems, devices, and sensors are becoming vital to enhancing customer and employee experiences, reducing operational costs, improving productivity, and achieving corporate ESG goals. It's imperative to adopt standards that mitigate supply chain risks from poorly secured IoT devices.
In Part 2 of this post, we walk through how to apply the 7 Rules to build team commitment to tackle this overlooked challenge. Our analysis is illustrated by a current real-life conundrum that could lead to personal regulatory liability.
This blog explains the power of business-aligned patch prioritization in elevating cybersecurity. Learn how to communicate risk effectively and implement AI-enabled approaches with the 7 Rules Cyber Framework to build cyber resilience.
Yigal Unna, former DG, National Cyber Directorate, Israel, emphasized the importance of continued collaboration between defenders and the formation of a Global Cyber Cabinet consisting of more than 20 national CISOs from leading countries working to dismantle cybercrime syndicates.
The increase in volume of threats caused the elevation of the CISO with new roles and responsibilities being assigned to them. Partnerships with the CIO and other business heads are imperative for driving business goals, say technology leaders and Gartner.
Corporate CISOs under pressure to shrink budgets can reframe spending decisions as meeting the needs of three key constituencies: customers, insurers and regulators. Ensuring security drives revenue, said Jess Burn, a Forrester security and risk senior analyst.
The positive impact that ransomware has had is that more security executives and boards now talk about cybersecurity and cyber resilience within their businesses. Security budgets are staying flat or increasing.
From SolarWinds to Kaseya, Accellion, Log4j,
or Okta, third-party security breaches are
among the most devastating for organizations
affected.
Defense against third-party risk is
a top-tier risk register item, and it is not a one-off either – you need
continuous monitoring to evaluate the security stance of...
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