Third-Party breaches are wreaking havoc on the healthcare industry
Third-party data breaches are becoming an increasingly pressing issue in the healthcare sector, with victims doubling year after year. In fact, according to Black Kite’s Third-Party Breach Report healthcare has become the most targeted industry for cyberattacks. This is due to the sensitive nature of the information stored by healthcare organizations, including personal health information (PHI) and payment information.
Climate risk digital solutions market will skyrocket to $4 billion by 2027, Verdantix forecasts
Source: Verdantix
Rising losses from extreme weather are driving a global surge in investment in climate risk digital solutions, a new report from leading independent research and advisory firm Verdantix says.
Fed to measure banks' exposure to climate risk
The six largest US banks have been tasked by the Federal Reserve to analyse the impact of trial scenarios for both physical and transition risks related to climate change on real estate assets in their portfolios.
US regulators warn banks of crypto exposure risks
US regulators have warned banks to be on their guard against the risks posed by exposure to the crypto asset sector in the wake of the implosion of crypto-exchange FTX and heightened volatility in the market.
Hodge Bank selects LexisNexis Risk Solutions
Source: LexisNexis Risk Solutions
Data and analytics firm, LexisNexis Risk Solutions, has been selected to provide Hodge with a full end-to-end solution for customer onboarding and ongoing monitoring, incorporating AML screening, transaction monitoring and case management, all within a single platform.
Target Group hires Monzo’s Griffin as chief risk officer
Source: Target Group
Target Group, the operational transformation, business processing and software provider has today announced that Kathy Griffin will be joining as Chief Risk Officer, starting immediately.
Diebold Nixdorf and Hawk AI collaborate for AMLsurveillance
Source: Hawk AI
Hawk AI, Germany’s leading software provider of anti-money laundering surveillance and anti-fraud technology for banks, payment firms, and fintech’s, today announced a new partnership with Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce for the financial and retail industries.
Cryptoassets in the metaverse could cause systemic risk - BofE
If an open and decentralised metaverse grows, the risks from cryptoassets may scale to have systemic financial stability consequences, say a pair of Bank of England wonks.
