Risk management and fraud news from around the web: November 4 – 8, 2024

92% of companies have experienced financial loss due to a deepfake 

Deepfake fraud attempts have taken form in both audio and video format at an increasing rate, according to new data from Regula. 

Treasury set to block investment flow on American AI, semiconductor tech to China 

The U.S. Treasury Department has issued a final rule–and created a new division to oversee it–that will attempt to limit outbound investments to China related to sensitive technologies with military applications. 

Third-party cyber risk management shows progress 

The fifth annual global survey into supply chain cyber risk management highlights ongoing investment in technology and talent to enhance supply chain security. 

NIST document updates cybersecurity guidelines to tackle supply chain risks 

The U.S. National Institute of Standards and Technology (NIST) updated guidance on identifying, assessing, and mitigating cybersecurity risks throughout the supply chain across organizational levels.