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Risk management and fraud news from around the web: August 26 – 30, 2024

Written on Aug 30, 2024

About a fifth of finance professionals in a recent survey said their organization has already been targeted by AI-driven deepfake or executive impersonation attacks. 

The escalating frequency and severity of cyber insurance claims underscore the imperative for businesses of all sizes and industries to safeguard their critical information. A good place to start is ensuring the security of any boundary devices, which businesses often rely on to protect their networks and data against cyberthreats. 

The U.S. National Institute of Standards and Technology has published a series of resources aimed at helping organizations govern and manage AI risks and provide vendor-agnostic comprehensive guidance for organizations to aid businesses in secure AI adoption and usage. 

Evolving landscape has led to a radical change in approach – but what should companies consider?