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CISO 50 & Future Security Awards 2025

CISO 50 & Future Security Awards 2025

Tahawul Tech12-06-2025
CISO 50 Forum & Awards 2025
In today's digital landscape, the role of the Chief Information Security Officer (CISO) has evolved dramatically. No longer confined to traditional security functions, the modern-day CISO must balance business and technology demands while navigating an ever-evolving threat landscape. Understanding the new responsibilities they must undertake and stepping up to ever-growing challenges are fundamental to their success.
Typically, a CISO oversees four key security pillars: security architecture and engineering, operations, cyber resilience, and regulatory and IT compliance. However, their role has expanded to include responsibilities such as risk and governance, business continuity, identity and access management (IAM), fraud prevention, and more. This broadening of scope underscores the fact that being a CISO isn't just about security—it's about integrating security within the fabric of business operations and strategy.
The CISO 50 Forum & Awards brings together top enterprise IT security leaders and decision makers to recognize and celebrate outstanding achievements in cybersecurity. The 2025 edition of this prestigious forum and awards ceremony will honour those who have not only demonstrated excellence in protecting their organizations but have also driven transformative security initiatives that shape the future of cybersecurity.
This is not just an event—it's a celebration of the efforts and achievements of the cybersecurity community. Join us at the CISO 50 Forum & Awards 2025 and be part of the shift towards a more secure digital world.
Future Security Awards 2025
Celebrating excellence and innovation in the security industry!
The security industry has always been in a never-ending race against its adversaries, but in the last few years in particular, the rate of change has accelerated. While companies continue to invest in emerging technologies such as AI and Automation to support digital transformation, adversaries have been leveraging powerful, integrated tools and capabilities with these very same technologies to cause irrevocable loss of critical data and information. The scope of the threat is growing, and no organisation is immune from catastrophic outcomes. In fact, the unfortunate reality is that even today's most sophisticated cyber controls, no matter how effective, will soon be obsolete.
The Future Security Awards have been introduced keeping in mind this dynamic threat-security scenario. These awards recognise individuals, businesses, vendors distributors and resellers that have risen above challenges and delivered ground-breaking business value through innovative application of security technologies. The 2025 edition is not just an awards ceremony; it is a celebration of the relentless pursuit of excellence in cybersecurity. As threats continue to evolve and become more sophisticated, it is crucial to recognize and support the innovators who are shaping the future of digital security.
Join us in celebrating the achievements and advancements that are paving the way for a safer, more secure world.
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Foreign investors increase dollar hedges on US stock portfolios
Foreign investors increase dollar hedges on US stock portfolios

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Foreign investors increase dollar hedges on US stock portfolios

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About 10% of Russell Investments pension fund clients in Europe and the UK have already increased hedge ratios on their international stock portfolios, said Van Luu, global head of solutions strategy for fixed income and foreign exchange for Russell in London. One client raised it to 75% from 50%, highlighting the desire to have a greater portion of U.S. stocks protected against the weakening dollar. "If what we're seeing persists... then you will have more clients taking action in that direction," said Luu. 'MORE HOSTILE' The dollar is down 10% for the year, and 6.5% since U.S. President Donald Trump's so-called Liberation Day in April. Meanwhile, the S&P 500, the benchmark U.S. stock index, has recovered 24% since an April slump and is up 5.3% this year, flirting with record highs. The MSCI gauge of global stocks, minus the U.S., has risen 16% for the year. "It's not enough to look at the stock market and say it is more or less back to where it was, so nothing happened," said Peter Vassallo, FX portfolio manager at BNP Paribas Asset Management, who manages currency exposures across its asset classes. BNP has been reducing dollar exposures for its clients that include pension funds, sovereign wealth funds and central banks. It has sold U.S. dollars across stock and fixed income portfolios, and built up what Vassallo described as a sizable position in options for funds that allow these strategies. He said the euro, yen and the Australian dollar are among the primary currencies it bought against the dollar, a big contrast to how the asset manager ended the previous year with a small "overweight" in the U.S. dollar. "This switch towards a more uncertain policy regime created an environment where we as market participants see the U.S. as more hostile to international capital flows, international trading," Vassallo said. After a June review, Justin Onuekwusi, chief investment officer at St. James's Place, said it is maintaining a strategic hedge that allows it to reduce overseas currency exposure in favor of the pound by up to 20%. The strategy "has been beneficial for our clients' returns year to date," he said. Onuekwusi said he now sees the dollar as closer to its longer-term fair value and has marginally reduced dollar hedging across managed portfolios. Foreign investors hold more than $30 trillion in U.S. securities, about $17 trillion of which is in equities and more than $12 trillion in long-term debt, according to data published in April by the U.S. Treasury Department. Marcus Fernandes, global head of currency management at Northern Trust, said the divergence in the correlation of risk is more than in the past. "That's why people are thinking faster than before, 'I need to increase my hedge ratio'," he said. "Once those conversations start, they usually end with increased hedge ratios," he said. COST INCENTIVE Data from Russell showed that a euro-hedged version of the MSCI USA index was flat for the year through May, while the euro-unhedged version was down 8.3%, showing the benefit of hedging for euro-based investors. The dollar is down 13% against the euro on concerns about flip-flopping U.S. trade policies and growth. "FX is back on the boardroom agenda," said Joe McKenna, head of fund solutions at MillTech, a London-based FX and cash management company. "What was once handled quietly in the back office is now drawing the attention of CIOs and CFOs, driven by renewed dollar volatility." Managers hedge currency exposure by selling the dollar against their respective base currency like the euro or the pound in the FX forwards market, and also use derivatives like options. 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Dollar wallows near 3-1/2-year low as Fed cuts, Trump bill in focus
Dollar wallows near 3-1/2-year low as Fed cuts, Trump bill in focus

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Dollar wallows near 3-1/2-year low as Fed cuts, Trump bill in focus

TOKYO: The U.S. dollar hunkered near the lowest since February 2022 against major peers on Wednesday, as traders considered dovish hints from Federal Reserve Chair Jerome Powell, along with the potential impact of President Donald Trump's spending bill. The greenback was pinned near its weakest since September 2021 on the euro, and was at its lowest since January 2015 versus the Swiss franc. Powell reiterated on Tuesday at the European Central Bank's annual conference in Sintra, Portugal that the Fed is taking a patient approach to further interest rate cuts, but didn't rule out a reduction at this month's meeting, saying everything depends on incoming data. That raises the stakes for the monthly non-farm payrolls report on Thursday. Indications of labour market resilience in the U.S. JOLTS figures overnight saw the dollar rise off Tuesday's lows. The dollar index, which measures the currency against six major counterparts, edged up slightly to 96.677, but didn't stray far from the overnight low of 96.373. Markets are also keeping a close watch on Trump's massive tax-and-spending bill, which could add $3.3 trillion to the national debt. The bill, which was passed by the U.S. Senate, will return to the House for final approval. "The confirmation that this is an increase in issuance, an increase in government spending well beyond its means, is not necessarily good news for the Treasury market, and it's arguably one of the reasons the dollar's going down," said Rodrigo Catril, a strategist at National Australia Bank. Also weighing on the U.S. currency has been Trump's continued attacks on Powell, putting Fed independence in the spotlight. On Monday, the President sent the Fed Chair a list of global central bank key rates adorned with handwritten commentary saying the U.S. rate should be between Japan's 0.5% and Denmark's 1.75%, and telling him he was "as usual, 'too late.'" The greenback held steady at 0.7906 Swiss franc, after dipping as low as 0.7873 franc in the previous session. The euro was flat at $1.1802, sticking close to the overnight peak of $1.1829. Sterling edged up slightly to $1.37435, approaching Tuesday's high of $1.3787, a level last seen in October 2021. The dollar made up a little ground against the yen, adding 0.1% to 143.59 yen, following the prior session's 0.4% slide. (Reporting by Kevin Buckland Editing by Shri Navaratnam)

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