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ANZ CIOs see cybersecurity as top priority for 2025

CIO Business Intelligence

Managing cybersecurity and other technology risks will be top of mind for CIOs in 2025 across Australia and New Zealand (ANZ), with 82% of 109 respondents saying it is a key priority for next year, according to Gartner.

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New regulation intensifies focus on IT risk management and operational resilience

CIO Business Intelligence

A comprehensive regulatory reach DORA addresses a broad range of ICT risks, including incident response, resilience testing, third-party risk management, and information sharing. When DORA becomes effective on January 17, 2025, non-compliance with DORA will trigger severe administrative and criminal penalties.

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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025. The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse.

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2025 is the year of quantum science; what that’s all about

CIO Business Intelligence

In celebration of the 100th anniversary of the discovery of quantum mechanics, United Nations has declared 2025 as the International Year of Quantum Science and Technology. It will enhance risk management. The good is it will exponentially change the speed at which financial institutions can do market trading.

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EU taps AI experts to develop compliance framework for AI regulations

CIO Business Intelligence

They will oversee four working groups, each focusing on different aspects of AI governance — transparency and copyright, risk identification and assessment, technical risk mitigation, and internal risk management for general-purpose AI providers.

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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

This piece of legislation in the European Union (EU) requires companies to be compliant by January 2025, meaning businesses have just under one year to ensure they’re prepared. But what exactly does this policy mean for IT security? And how can businesses ensure they’re ready? So, with no time to waste, where should they get started?

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CIOs eye SaaS backup plans post-CrowdStrike

CIO Business Intelligence

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on. “We We now are paying much more attention to it,” he says.