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All issuesVolume 317, Issue 1IT NewsSecurity

7 Best Cyber Risk Management Platforms Of 2024

Security Boulevard, Thursday, August 8th, 2024

Information disseminated online is increasingly created with the help of artificial intelligence, but such tools are far from perfect. Earlier in 2024, Google Chrome users reported the search engine's AI overview provided them with misleading information -- such as telling them to use glue to keep cheese from sliding off pizza and eat one rock per day. This is known as an AI hallucination. In today's digital age, cybersecurity is a central pillar of Governance, Risk, and Compliance (GRC).

But why is this so crucial, and why is there a burgeoning market for specialized cyber risk management tools and platforms?

John Chambers, former CEO of Cisco, famously said, 'There are two types of companies: those that have been hacked, and those who don't know they have been hacked.'

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