Regulatory activity forces compliance leaders to spend more on GRC tools

Legal and compliance department investment in GRC (governance, risk, and compliance) tools will increase 50% by 2026, according to Gartner. Assurance leaders are seeking out technology solutions to help them address increasing regulatory attention on executive risk oversight and monitoring. “Recent actions ranging from the U.S. Securities and Exchange Commission (SEC) to the U.S. Department […]

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Compliance budgets under strain as inflation and workload grow

Compliance leaders are facing pressure to make the most of existing resources despite economic challenges and increased workload volume and complexity, according to Gartner. To face these challenges, leaders must address three crucial compliance function trends this year: tighter budgets, changing labor and organizational dynamics, and increased investments in technology. “Confronted with economic volatility, a […]

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Exploring the traits of effective chief audit executives

Chief audit executives (CAEs) have identified risk orientation, stakeholder management, and team leadership as the top three characteristics of the most effective individuals, according to Gartner. In April 2023, Gartner surveyed 114 CAEs across 180 areas to identify the most important measures of an effective CAE, and the six that were the most significant included: […]

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The secret habits of top-performing CISOs

69% of top-performing CISOs dedicate recurring time on their calendars for personal professional development, according to Gartner. This is compared with just 36% of bottom-performing CISOs who do so. “As the CISO role continues to rapidly evolve, it becomes even more critical for security and risk leaders to protect time for professional development,” said Chiara […]

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Navigating generative AI risks and regulatory challenges

The mass availability of generative AI, such as OpenAI’s ChatGPT and Google Bard, became a top concern for enterprise risk executives in the second quarter of 2023, according to Gartner. A benchmarked view of emerging risks “Generative AI was the second most-frequently named risk in our second quarter survey, appearing in the top 10 for […]

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Companies encounter months-long delays in filling critical security positions

A lack of executive understanding and an ever-widening talent gap that is placing an unsustainable burden on security teams to prevent business-ending breaches, according to Swimlane. The research investigated the perceptions of cybersecurity among on-the-ground security professionals and executives, the current trends in hiring and retaining talent and the effectiveness of tools leveraged to address […]

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CISOs under pressure: Protecting sensitive information in the age of high employee turnover

In this Help Net Security interview, Charles Brooks, Adjunct Professor at Georgetown University’s Applied Intelligence Program and graduate Cybersecurity Programs, talks about how zero trust principles, identity access management, and managed security services are crucial for effective cybersecurity, and how implementation of new technologies like AI, machine learning, and tracking tools can enhance supply chain […]

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Top priorities for chief audit executives in 2023

The top focus areas for chief audit executives (CAEs) in 2023 are advancing data analytics, assuring proliferating digital risks, and talent management, according to Gartner. “In 2023 most CAEs are focusing on organizational and departmental digital transformation initiatives and improving team engagement and performance in response to growing assurance needs,” said Leslee McKnight, VP in […]

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