RiskSpotlight Weekly Operational Risk News Update (26th August 2024)

This is a brief update covering sample of operational risk news content captured in the RiskSpotlight Portal in the week preceding 26th August 2024. The updates cover following topics:
Key operational loss events reported last week
DDoS attacks surged, increasing costs and duration significantly.
Cyber insurance claims decreased as organizations improved resilience.
Deepfake threats are rising, with detection challenges persisting globally.
Cybercriminals increasingly use legitimate links in email attacks.
NGate malware targets bank customers using phishing and NFC theft.
UK’s new harassment laws may restrict traditional office parties.
Whistleblower awards rarely lead to frivolous complaints, data shows.
COVID-19 cases surge due to new, immunity-evading variants.
Mpox spreads to new countries, raising global health concerns.
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