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Technology tag returned 2293 results

  • Only half of the firms retrieve data after ransomware payments

    Around 84% of the respondents in a new cyber survey paid ransom to cyber attackers but only 47% of these retrieved their data and had their services uncorrupted according to a new survey by the US based cyber security company Cybereason.

    Asia Risk | 28 Feb 2024
  • Risk management frameworks vital to mitigate AI risks

    Responsible AI policies and risk management frameworks will be critical to navigating the complex technical and compliance challenges of AI according to the Federation of European Risk Management Associations (Ferma).

    Asia Risk | 28 Feb 2024
  • Australia: NSW launches first state disaster mitigation plan

    The government of New South Wales (NSW) in Australia will now have its first-ever State Disaster Mitigation Plan (SDMP).

    Asia Risk | 28 Feb 2024
  • Australia: Data breaches surge in second half of 2023

    In Australia data breaches reported in the second half of 2023 surged by 19% to 483 incidents, compared to 407 in the preceding six months. The predominant cause of these breaches was identified as malicious or criminal act, representing 67% of the total incidents reported.

    Asia Risk | 28 Feb 2024
  • New European AI law to impact insurance

    The insurance and banking sectors will be required to carry out an impact assessment to ensure their use and development of AI protects the fundamental rights across Europe.

    Asia Risk | 28 Feb 2024
  • As cyber threats rise, financial firms need better safeguards

    Cyber security is a threat to financial stability and regulators and supervisors must act now to strengthen the prudential framework according to a recent survey of 51 countries by International Monetary Fund (IMF).

    Asia Risk | 21 Feb 2024
  • Clarity needed for businesses to achieve greenhouse gas mitigation

    Despite efforts to mitigate the effects of climate change, companies are not set up for success due to conflicting national and sectorial targets and differing availability of abatement options according to a new study.

    Asia Risk | 21 Feb 2024
  • Cyber risk predictions for 2024

    While as anticipated, fraudulent instruction incidents were down 15% for the year 2023, however, business email compromise (BEC) was up 18% year over year across industries, returning to levels seen in 2020 and 2021 according to a new report on cyber trends for 2024 by specialty insurer Beazley.

    Asia Risk | 21 Feb 2024
  • Increasing air pollution may spur risk of suicides

    Heavy air pollution from traffic, factories, coal-fired power plants and home heating can increase the risk of suicide according to a new study.

    Asia Risk | 21 Feb 2024
  • One in five people have considered committing insurance fraud

    One-in-five respondents in a survey said they had at least considered committing insurance fraud. Half of these said they had gone through with their plans, while 30% of respondents said they knew someone who had at least considered committing insurance fraud.

    Asia Risk | 21 Feb 2024

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