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Book Review: Taming the Risk Hurricane

Taming The Risk Hurricane: Preparing For Major Business DisruptionBy Dr David Hillson CFIRM, The Risk DoctorPublished September 2022 by Berrett-Koehler, Oakland, CA, USAAvailable in paperback/pdf/eBook/ePubISBN: 978-1-523000-500GBP £25 / USD $29.95 https://bkconnection.com/books/title/Taming-the-Risk-Hurricane Calling all business leaders hoping to thrive in times of extreme uncertainty and volatility: This book is for you. If survival is the principal…
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Outstanding risk management means continuously unlearning, learning, and relearning

Stephen Sidebottom, Chair, IRM The only way to stay relevant is to keep on unlearning, learning, and relearning. The pandemic continues to shape our lives, the climate emergency is upon us, war in Europe threatens energy security, and inflation undermines our economic stability. What skills do you and your organisation need to meet and succeed…
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Macroeconomic risk tops worry list

Macroeconomic risk tops worry list of senior executives, according to Gartner research. While a similar survey in April saw the risk enter the risk rankings in fifth place, high inflation and prices pushed it into first place. In addition, executives said they are concerned about the potential for escalating European conflict, state-sponsored cyber attacks and…
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NAO faults government’s project management of northern rail

The public finance watchdog NAO said the government’s project management of northern rail wasted £190 million because of changes to the scope of the plans. Most of the project’s £1 billion cost arose since 2020 as construction work started. But plans that are not needed cost about one fifth of that total. In fact, the…
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Businesses fail to protect against ransomware attacks

Many businesses fail to protect themselves against ransomware attacks, according to a recent survey by SpyCloud. Ransomware attacks hit 72 per cent of respondents during the past 12 months. But 13 per cent said they had been attacked between 6 and 10 times, with 5 per cent facing 10 or more hits a year. “This…
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US considering digital bill of rights

The US government may create a digital bill of rights to protect people against artificial intelligence technologies. The White House’s Office of Science and Technology Policy is looking at how biometric technologies – such as facial recognition impact people. In particular, it is considering how stakeholders are “impacted by their use or regulation.” Current thinking…
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International corporations face potentially higher tax rates

International corporations face potentially higher tax rates as the OECD agreed a new minimum 15 per cent rate from 2023. The OECD aims to ensure that large businesses pay tax where they operate and generate profits. Today, many use loopholes to earn profits in one country, but pay tax in countries with lower rates. In…

