THE FUTURE IS HERE

Weekly OpRisk Updates: Vendor Risk, Phishing, AI, API Attacks, Data Breach (23rd December 2024)

Stay ahead of the curve with our weekly operational risk news update! In this brief podcast, we cover the latest developments that could influence your organisation’s risk management strategies:

– Key operational loss events reported last week.
– European financial institutions face rising supply chain vulnerabilities.
– Phishing attacks surged 703%, demanding advanced threat defences.
– SEC targets AI misrepresentations and cybersecurity disclosure violations.
– BIS urges stronger AI governance and global regulatory harmonisation.
– India reports 1.2 billion cyber attacks, prioritises rapid responses.
– API attacks escalate, requiring robust security and monitoring.
– AI note-taking tools raise confidentiality and privilege concerns.
– DOJ whistleblower rewards boost self-disclosures and compliance efforts.
– Data breach litigation surges, highlighting need for prevention.

All the insights mentioned in this podcast are derived from news articles and detailed analysis captured within the RiskSpotlight Portal—the world’s first forward-looking operational risk content service. Don’t miss out on any critical updates!

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