Risk Management Archives | Page 48 of 108

Robotic Process Automation In Fintech

AI Innovations Revolutionize Fintech: Boosting Efficiency and Security

The rapid rise of artificial intelligence (AI) has brought significant changes to the fintech industry, revolutionizing various aspects of financial services. AI-driven innovations enhance efficiency, secure financial transactions, and improve customer experiences, positioning fintech at the technology forefront. As these technologies advance, they continue to reshape the landscape, driving unprecedented growth and transformation within the sector. Enhancing Fraud Detection and

April 9, 2025

Cyber Security

NIST Deprioritizes Pre-2018 CVEs Amid Backlog and New Threats

The US National Institute of Standards and Technology (NIST) recently made a significant decision affecting the cybersecurity landscape by marking all Common Vulnerabilities and Exposures (CVEs) published before January 1, 2018, as “Deferred” in the National Vulnerability Database (NVD). This move impacts over 20,000 entries and potentially up to 100,000, signaling that these CVEs will no longer be prioritized for

April 9, 2025

Cyber Security

UK Govt Launches Cyber Governance Code for Business Resilience

In a significant move to enhance the resilience of British businesses against cyber threats, the UK government has introduced the Cyber Governance Code of Practice. Developed to provide comprehensive guidance for company directors and board members, this new code addresses the urgent need for robust cyber-risk management. With alarming statistics indicating that 74% of large firms and 70% of medium-sized

April 9, 2025

Cyber Security

Adobe Issues Critical ColdFusion Updates for Security Flaws

Amid rising concerns over software security, Adobe has released critical updates for its ColdFusion software, targeting multiple vulnerabilities that were identified in versions 2025, 2023, and 2021. The updates address 30 different security flaws, with 11 of them being classified as critical. These critical vulnerabilities have the potential to lead to arbitrary file reading and code execution on affected systems.

April 9, 2025

Cyber Security

Is Your Server Safe from the Exploited CrushFTP Vulnerability?

Recent developments in the cybersecurity field have thrust the CrushFTP vulnerability into the spotlight, with the U.S. Cybersecurity and Infrastructure Security Agency (CISA) adding it to its Known Exploited Vulnerabilities (KEV) catalog. This critical security flaw allows an unauthenticated attacker to take over susceptible CrushFTP instances, posing a significant threat to affected networks. With active exploitation of this vulnerability reported,

April 9, 2025

Fintech Blockchain

Will Coinbase’s XRP Futures Boost Institutional Trading Interest?

Coinbase has recently filed an application to launch XRP futures with the U.S. Commodity Futures Trading Commission (CFTC), aiming to release the product by April 21.This new futures offering, symbolized as XRL, signifies a major shift in the cryptocurrency trading landscape, potentially sparking increased institutional interest. The product will involve monthly cash-settled and margined contracts based on XRP’s market price,

April 9, 2025

Cyber Security

Will Trump’s CISA Cuts Leave America Vulnerable to Cyber Attacks?

The Trump administration’s proposed cuts to the Cybersecurity and Infrastructure Security Agency (CISA) have ignited significant criticism and debate over potential impacts on national security. Reports indicate that up to 1,300 jobs could be eliminated through terminations and buyouts, raising serious concerns among Congressional members and cybersecurity experts. The timing of these cuts is particularly alarming given the increasing cyber

April 9, 2025

Fintech Blockchain

Can YouProfits Revolutionize Your Crypto Investments?

In an era where the cryptocurrency market is continually evolving, investments in digital assets offer lucrative yet risky opportunities.Enter YouProfits, an innovative startup with a mission to revolutionize cryptocurrency investments. Founded by ex-employees of a renowned online brokerage firm, YouProfits aims to bridge the gap between traditional banking and modern cryptocurrency staking.By providing a unique decentralized platform, it brings higher

April 9, 2025

Fintech Blockchain

Will States Win or Lose with Bitcoin Reserve Legislation?

The digital age has seen an unprecedented rise in the value and influence of cryptocurrencies, with Bitcoin leading the charge as the pioneering digital asset.This new era has prompted state governments across the United States to consider the potential benefits and challenges of integrating Bitcoin into their financial systems. The introduction of the Minnesota Bitcoin Act and similar bills in

April 9, 2025

Enterprise Applications

How ERP Systems Revolutionize HR and Payroll Management

In the contemporary business landscape, ERP systems have become indispensable tools for managing human resources (HR) functions, specifically in handling payroll and employee data.The integration of HR operations into a single, cohesive platform not only streamlines workflows but also significantly boosts efficiency and productivity within organizations. This article explores the profound impact of ERP systems on HR and payroll management

April 8, 2025

Digital Lending / Digital Payments

Banks Navigate PaaS Outsourcing to Modernize Payments and Compliance

The complexities and opportunities banks face with outsourcing in the context of Platform-as-a-Service (PaaS) and cloud solutions have become increasingly evident in recent years. As financial institutions strive to expedite service delivery and enhance personalization, they must also manage regulatory compliance and data security concerns. This article delves into how banks can leverage technology to tackle these challenges while also

April 8, 2025

Cloud

Is Your Cloud Security Truly Robust or Just Good Enough?

Cloud security has become an indispensable aspect of modern business operations, especially in the face of increasingly sophisticated cyber attacks.With the flexibility and scalability that cloud computing offers, organizations must ensure that their security measures are not only adequate but truly robust. The famous saying, “good enough never is,” holds particularly true when it comes to protecting sensitive data in

April 8, 2025