More than nine in ten mid-market businesses in the UK and Ireland have experienced at least one significant disruptive incident in the past three years, despite continuing to pursue ambitious growth plans, according to research from insurer Chubb.

Businesses integrating AI into their operations could be exposing themselves to additional cyber risks through weaknesses in their suppliers, according to new research from cyber risk intelligence company Black Kite. Its report assessed the external security of 18,160 AI companies worldwide, finding that 34.2% had at least one critical unpatched vulnerability.

Willis has upgraded its Climate Diagnostic platform to help organisations assess exposure to 16 physical climate risks across their assets, operations and supply chains.

Quantexa and PwC have launched a supply chain risk solution designed to help businesses identify fraud, compliance issues and other risks among suppliers several tiers removed from their direct operations.

The gap between businesses adopting artificial intelligence and those yet to make use of the technology is set to persist, with larger organisations continuing to pull ahead of smaller firms, according to new research from the OECD. It projects that, by the end of the decade, AI uptake among large firms could be nearly 80% higher than the average across all businesses.

UK businesses are increasingly concerned about cyber attacks and artificial intelligence disrupting their supply chains, with both risks reaching their highest recorded levels in the latest Office for National Statistics survey.