Technology

Governments worldwide are taking steps to protect privacy rights, which has led to new exposures for businesses.

Congratulations to Microsoft, winner of the 2023 Gold Alexander Hamilton Award in Risk Management!

The "prevailing norm" in corporate America is "governance is lacking, resources are misaligned, and enterprises fly blind to their most critical cybersecurity risks, putting the company and shareholders on uncertain ground," said Scott Kannry, CEO of the cyber-risk engineering firm Axio.

"For the first time in U.S. states, companies will need to collect meaningful permissions from their customers to gather and apply data relating to the customers' position on the globe."

Increasing ransomware attacks have driven total premium revenue for insurers to triple in the past three years.

"If you're a bad guy and you're not using ChatGPT or other LLMs to go and find vulnerabilities, you're probably not doing your job as a bad guy."

Microsoft exec follows OpenAI and Google in promoting proposals for responsible development of AI to "ensure that humanity remains in control of technology."

According to Gartner analyst Mark D. McDonald, some finance professionals are actively learning about generative AI and starting to experiment with it—and they're the ones who will succeed in the long run.