Financial services and insurance firms are facing rising exposure to cyberattacks, fraud and other third-party risks while struggling with poor data quality that is slowing decision-making and artificial intelligence adoption, according to a new global survey from Dun & Bradstreet released earlier this month.

The survey of more than 2,000 senior professionals across the United States and other major markets found that cybersecurity and fraud are the top concerns in the sector, cited by about 80% of respondents.

“I think the biggest issue is that the risks are accelerating more quickly than financial services and insurance companies can keep details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com