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 Read more

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. Read more

Banks failing to assess climate risk

European banks are failing to assess climate risk properly in their loan books, according to the European Central Bank’s stress test.

In fact, only four in ten banks have a climate risk stress-testing framework. Most banks said they Read more

Hackers exploiting poor software service connections

Hackers are increasingly exploiting poor software service connections between IT platforms and businesses, according to an IT security report.

In particular, businesses often ignore the way their systems are configured with software as a service providers. In the Read more

Whitepaper: ESG – Strategic Approaches to Thrive in the New Era of Risk & Compliance Management

This primer on operationalizing Environmental, Safety and Governance (ESG) goals explores the evolution of risk and compliance management, articulates the key role of ethics and compliance learning, and highlights the transformative power of platforms that connect risk management data Read more

Risk from external fraud gathers pace

The risk from external fraud has gathered pace over the past twelve months with seven in ten businesses affected, according to the consultant PwC.

In fact, over the past two years fraud perpetrated from hackers and organised crime rings Read more

UK businesses feel less prepared for geopolitical risk

UK businesses said that they felt less prepared for geopolitical in a survey conducted by the insurer Beazley.

Its Risk and resilience survey found that confidence in resilience against war and terror dropped between 2021 and 2022. For example, Read more

Green adverts must consider full environmental impact

Green adverts must consider the full environmental impact of the products they describe following recent rulings by the UK’s Advertising Standards Authority (ASA).

In a ruling against the supermarket Tesco, ASA said it accepted that eating plant-based foods Read more