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94% of finance leaders say AI has already helped improve decision-making, and 74% report positive effects on cost and risk reduction, according to a new survey.
With the average cost of recovery from a cyberattack at more than a half-million dollars, companies could benefit from investing more on the front end.
Not surprisingly, the Corporate Sustainability Reporting Directive is driving how companies view climate risk. It’s also driving companies to a better understanding of related business opportunities.
To make supply chains more resilient, finance needs to consider its use of data, demand surge management, sustainability, and supply chain finance options.
Cisco analysis discovered that the AI model failed to block a single harmful prompt from the team’s automated attack tests, revealing critical security flaws.
Generative AI has productivity-enhancing potential, but to manage its risks requires an understanding of the technology, says Andrew Harding, FCMA, CGMA, chief executive–Management Accounting at AICPA & CIMA, together as the Association of International Certified Professional Accountants.
Global study highlights how one region’s commitment to improved ERM has helped its companies gain a competitive edge while reducing disruptive surprises related to risk.
Misinformation and disinformation emerge as a top short-term risk alongside extreme weather events, societal polarisation, and cyber insecurity, a survey found.
MIT research reveals that companies on average are overlooking nearly two-thirds of the risk subdomains categorised in the newly released AI Risk Repository.
As businesses increasingly use generative
AI, CFOs need to consider risks that include
data security, financial, intellectual property,
reputational, and more.
Nine in ten senior tech decision-makers don’t understand how generative AI will affect their business, a new report found, sparking implementation and compliance concerns.
Organisations are concerned about AI’s impact on the threat landscape, but less than half are conducting regular audits to secure their defences, driving a cycle of burnout among employees.
BDO’s Global Risk Landscape 2024 found that 84% of executives feel that the global risk landscape is more defined by crisis now than at any time in recent history.
AI chatbot ChatGPT can be a useful tool, and by understanding how it
works — and its flaws and limits — you can develop a reputation with
AI that will enhance your career.
Employers can address internal fraud risk by understanding the fraud triangle — three factors that when present increase the likelihood that fraud occurs.
