Risk Management
The accelerated adoption of cloud computing has been hailed as the cornerstone of modern digital transformation strategies, yet hidden behind this digital renaissance are significant security challenges that threaten to undermine progress. Fortinet’s 2025 State of Cloud Security Report has brought these challenges into sharp focus, identifying
The proliferation and increasing complexity of regulatory requirements have ushered in a significant surge in compliance costs for businesses, particularly those in highly regulated sectors such as finance and healthcare. Navigating these regulations traditionally requires significant investments in human resources, compliance expertise, and
Navigating the implementation of post-model adjustments (PMAs) under the International Financial Reporting Standard (IFRS) 9 is a sophisticated challenge for financial institutions, particularly in today's unpredictable economic landscape. PMAs have risen in importance as financial entities strive to compensate for the limitations inherent in
As we approach 2025, financial institutions across the EU face the challenge of complying with the Digital Operational Resilience Act (DORA), which is set to take effect on the 17th of January. DORA aims to strengthen cybersecurity and operational resilience across financial ecosystems, with the consequences for non-compliance ranging from
The year 2024 has witnessed an alarming rise in data breaches, surpassing previous records and posing significant risks to industries and consumers alike. With cyber threats becoming more sophisticated and targeted, the need for robust cybersecurity measures and stringent regulatory frameworks has never been more critical. This article delves into