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CybersecuritySecurity NewswireCybersecurity News

65% of organizations say ransomware concerns impact risk management

By Security Staff
wall of windows on building

Image via Unsplash

December 18, 2023

Enterprise risk management for financial sector was analyzed in a recent report by Wolters Kluwer.

The concerns shared within survey responses come against a backdrop of major regulatory changes that include the finalization of new, updated Community Reinvestment Act (CRA) rules and the small business data collection and reporting regulations.

Environmental factors impacting enterprise risk planning include heightened concerns about interest rate increases (74%) and ransomware attacks (65%).

KEYWORDS: cyber criminal cyberattack finance cybersecurity ransomware risk management

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