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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025. The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse.

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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

This piece of legislation in the European Union (EU) requires companies to be compliant by January 2025, meaning businesses have just under one year to ensure they’re prepared. Reporting of major ICT-related incidents : Regulation defines how organizations will need to classify and report ICT-related security incidents moving forward.

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IRM Remains Gartner Top Emerging Tech Topic in 2021

John Wheeler

These challenges continue to drive Gartner client demand and inquiry for integrated risk management (IRM) products and services. In response to this significant client interest, I recently authored and published the research report – Integrated Risk Management (IRM): Market Opportunities to Rebound and Grow in 2021.

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ISO 20022: Are your payment systems ready?

IBM Big Data Hub

Real-Time Payments, for example, have widely adopted ISO 20022 across many countries, and Wire Payments networks are also announcing their support plans, including Fedwire, Lynx and SWIFT, by the end of 2025. Enhanced Risk Management: better identify and manage risks, such as fraud, credit risk and operational risk.

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The Importance of CSRD Data for EU-Operative Businesses

Smart Data Collective

Data reporting is often a requirement for large corporations, but traditionally it’s been related to finances. Many companies need to report accurate financial data to keep them accountable to their stakeholders and customers. The CSRD replaces the Non-Financial Reporting Directive (NFRD). What is CSRD?

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How to minimize remote access cyber security threats in 2024

CIO Business Intelligence

trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. As a result, companies find it increasingly difficult to manage their attack surface at the speed and scale necessary to prevent attacks.

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Middle Eastern CISOs work internationally to tackle security issues

CIO Business Intelligence

trillion annually by 2025, up from $3 trillion in 2015, according to Cybersecurity Ventures. In its State of Ransomware 2021 report, Sophos reported that that 38% of the UAE tech executives polled said they were attacked with ransomware during the past year. Middle Eastern countries are not immune to cybercrime.