Risk Management stories - Page 33

AI is driving sharp rises in cyber spend, yet boards still see it as the easiest line to cut when budgets come under pressure.

Chartered accountants warn of widening AI skills gap as vast majority seek urgent, hands-on training to use new tools safely and effectively.

ACI backs UK banks' drive for sovereign payment rails to cut reliance on Visa and Mastercard and bolster geopolitical resilience.

Finance leaders warn of a risky 'AI middle' as many firms stall between pilots and governed, audit-ready use of automation in core workflows.

UK urges small firms to 'lock the door' on cyber crime as attacks cost businesses GBP £14.7 billion a year and basic defences lag.

ABB is acquiring Irish consultancy Premium Power to bolster its European power systems advisory services amid rising grid complexity.

Sue Ryder will deploy Heidi's NHS-approved AI scribe across UK hospices, aiming to cut paperwork and free clinicians for patient care.

Data and AI firm Quantexa will move its global headquarters to The Delft on London's South Bank when the new development completes in 2027.

Ripjar names Matt Mills Chief Executive to spearhead global expansion as regulatory pressure fuels demand for smarter crime screening tech.

Informotion appoints Shane Parsons as CEO to spearhead a deeper Microsoft AI and cloud pivot, targeting regulated and public sector demand.

Lydian app lets Clover merchants accept crypto from 300+ digital assets at checkout while still being settled in local fiat currency.

Deloitte Ireland has named Eoin Gilhooly partner to lead end-to-end SAP delivery, bolstering major transformation work for key sectors.

UK and Ireland firms trail global peers on post-quantum crypto prep as key, certificate woes mount and budgets constrain defences.

Iron Mountain warns UK firms to treat data protection as a year-round board priority as weak governance fuels losses and AI risks.

UK finance jobs jumped 13% in 2025 as tech and fintech hiring surged, with London tightening its grip and banking still leading the field.

Mastercard launches BIN Sponsor Plus in the UK, accrediting card sponsors to give fintechs a vetted route into issuing and payments at scale.

Anthropic will build a Claude-powered AI assistant for GOV.UK, piloting personalised support for job seekers and people returning to work.

Start Tech leader Ian Groves wins second three-year term on GTIA's UK and Ireland Executive Council, strengthening his role in the IT channel.

AI will upend UK software testing by 2026, Tricentis warns, forcing a shift to risk-led quality, autonomous checks and stricter guardrails.

Most UK business leaders say responsible AI will be a key competitive edge within three years, but many still struggle to put it into practice.