Top 10 Cybersecurity Trends for 2023: From Zero Trust to Cyber Insurance
Top 10 Cybersecurity Trends for 2023: From Zero Trust to Cyber Insurance As technology advances, cyberattacks are becoming more sophisticated. With the increasing use of technology in our daily lives, cybercrime is on the rise, as evidenced by the fact that cyberattacks caused 92% of all data breaches in the first quarter of 2022. Staying current with cybersecurity trends and laws is crucial to combat these threats, which can significantly impact business development. In 2023, the cybersecurity market is expected to see new trends, and businesses must be adequately prepared for any developments. Andrey Slastenov, Head of Web Security at Gcore, shares his insights on these trends in this article.
Read moreBalancing cybersecurity with business priorities: Advice for Boards
Balancing cybersecurity with business priorities: Advice for Boards In today’s rapidly evolving technological landscape, it’s more important than ever for Boards and executives to stay informed about the latest advancements and potential risks in technology and digital capability. In this Help Net Security interview, Alicja Cade, Director, Financial Services, Office of the CISO, Google Cloud, offers insights on how asking the right questions can help improve cyber performance and readiness, advance responsible AI practices, and balance the need for cybersecurity with other business priorities. Cade shares valuable advice for leaders who want to ensure their organizations are equipped to navigate the complex digital landscape of the modern world.
Read moreClimate and sustainability reporting challenges: Auditors’ perspectives
Climate and sustainability reporting challenges: Auditors’ perspectives Environmental, social, and governance (ESG) reporting is one of the most significant emerging issues affecting financial reporting and the accounting profession. At the annual AICPA CIMA Conference on Current Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board developments in December, a panel of partners from the top accounting firms shared perspectives about the state of sustainability reporting and the impact on auditors and their clients.
Read moreNavigating the ESG and Climate Risk Landscape
Navigating the ESG and Climate Risk Landscape In recent years, financial institutions worldwide have faced pressure from governments, regulators and even customers to step up their environmental, social and governance (ESG) and sustainability activities. In regulatory circles, climate risk has taken center stage, forcing banks and insurers to scrutinize and plan for climate-related financial risks like never before.
Read more4 ESG Questions Risk Managers Must Answer
4 ESG Questions Risk Managers Must Answer The Danger of ESG Commitments Unaligned with ERM Goals In recent years, Environmental, Social, and Governance (ESG) concerns have become increasingly important to all businesses and their stakeholders. In addition, major businesses based in the European Union (EU) are gearing up for the introduction of the Corporate Sustainability Reporting Directive (CSRD), which would standardize CSR reporting in the EU. Thus, organizations, top executives, and boards are putting even more emphasis on the need for strong ESG frameworks.
Read moreESG Has Now Evolved Into Risk Management. Is Your Organization Ready for the Change?
ESG Has Now Evolved Into Risk Management. Is Your Organization Ready for the Change? ESG (Environmental, Social, and Governance) has roots in Corporate Social Responsibility (CSR) and the environmental movement, but it today encompasses an organization’s impact on society and the environment, climate change threats, and changing attitudes about ESG concerns.
Read moreEmerging Trends in APAC ESG Landscape: Challenges and First-mover Advantages
Emerging Trends in APAC ESG Landscape: Challenges and First-mover Advantages ESG Developments and the Overall Situation Organizations throughout the world are under increasing pressure from all directions to include Environmental, Social, and Governance (ESG) metrics into their core business strategy and to enhance ESG transparency and performance as a result of the changing global risk climate. Continued supply chain disruptions, COVID-19 pandemic implications, digital transformation issues, climate risk, shifting ESG considerations/standards, and lawsuits have compounded this transition.
Read moreThe Significance of Internal Controls for Organizations’ Data Privacy
The Significance of Internal Controls for Organizations’ Data Privacy Data privacy has been considered as an important business objective for organizations. It mainly deals with users’ sensitive or confidential data that may include personally identifiable information (PII), credit card data, or personal health information. Through effective data privacy practices, organizations can avoid unwanted actions like the unauthorized access and use of data. Besides, organizations can also build trust with the “data subjects” or data owner. It can even help organizations to collect, save, and process personal data according to the regulatory compliance obligations or specific industry standards.
Read moreData Privacy and ESG Risk: 7 Critical Issues Every Business Must Answer
Data Privacy and ESG Risk: 7 Critical Issues Every Business Must Answer As businesses go digital and their products and services grow more complex and data-driven, privacy and security concerns relating to this data have emerged as major sources of risk for them. Due to how often personal data is collected and used, data privacy and cybersecurity have become material environmental, social, and governance (ESG) issues (MEIs) for companies in a wide range of sub-industries.
Read moreCybersecurity Budgets Are Going Up. So Why Aren’t Breaches Going Down?
Cybersecurity Budgets Are Going Up. So Why Aren’t Breaches Going Down? Over the past few years, cybersecurity has become a major concern for businesses around the globe. With the total cost of cybercrime in 2023 forecasted to reach $8 Trillion – with a T, not a B – it’s no wonder that cybersecurity is top of mind for leaders across all industries and regions. However, despite growing attention and budgets for cybersecurity in recent years, attacks have only become more common and more severe. While threat actors are becoming increasingly sophisticated and organized, this is just one piece to the puzzle in determining why cybercrime continues to rise and what organizations can do to stay secure.
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