69% of CEOs to allocate over 10% of budgets to AI over the next 12 months
CEO confidence in the global economy has hit a five-year low, according to the KPMG 2025 Global CEO Outlook, as corporate leaders focus strategic investments in AI, talent and risk resilience to sustain and fuel future growth.The annual survey of more than 1,300 global leaders reveals a cautious outlook among CEOs, driven by persistent geopolitical tensions and economic uncertainty.
Critical Vulnerabilities in Wondershare RepairIt Expose User Data and AI Models
Cybersecurity researchers have discovered two severe authentication bypass vulnerabilities in Wondershare RepairIt, an AI-powered data repair and photo editing application.
Bank of England Fines Vocalink £11.9M Over Risk Management Failures
The Bank of England has fined UK payments operator Vocalink £11.9 million for failing to meet a February 2022 deadline to address weaknesses in its risk management and governance framework.
FSB Chair Warns Crypto May Soon Pose Systemic Financial Risk
Cryptocurrency may be nearing the point where it poses a systemic risk to the global financial system, according to Klaas Knot, outgoing chair of the Financial Stability Board (FSB). Speaking in Spain, Knot acknowledged that despite previous disruptions in the crypto space—including bankruptcies, liquidity issues, and fraud—the FSB had not considered the sector a systemic threat until now.
Critical SAP NetWeaver Vulnerability Exploited in Zero-Day Attacks
A critical vulnerability, CVE-2025-31324, in SAP’s NetWeaver platform, specifically within the Visual Composer’s Metadata Uploader component, is under active exploitation.
LexisNexis Risk Solutions completes IDVerse acquisition
Source: LexisNexis
LexisNexis Risk Solutions, part of RELX, closed its acquisition of IDVerse, a provider of AI-powered document authentication and fraud detection solutions.
Cytora launches explainable agentic AI solution for insurance risk assessments
Source: Cytora
Cytora has announced the latest version of its digital risk processing platform. Cytora Platform 3.0 enhances the capabilities of the platform by harnessing agentic AI in a fully explainable way.
Majority of Financial Firms Unprepared for Generative AI
Despite increasing efforts to adopt artificial intelligence (AI), many firms remain in the early stages of implementation, hindered by significant gaps in workforce training and regulatory readiness.
