US Treasury targets anonymity technologies

The US Treasury has increased efforts to target anonymity technologies, such as those used in the virtual asset sector.

In August, the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned virtual currency mixer Tornado Cash. It said the service Read more

Supply chain professionals fail to assess climate-related risk

Over 70 per cent of supply chain professionals fail to conduct a climate change risk assessments to identify key risks, according to the analyst Gartner.

The study found that 27 per cent of supply chain leaders Read more

Insolvency risk looms as threat of recession grows

Insolvency risk looms amid growing warnings of a UK recession. In the second quarter of 2022, corporate insolvencies rose by 13 per cent as 5629 companies went under, according to official data.

That means that registered company insolvencies Read more

Whitepaper: Overhaul Your Security and Compliance with Integrated Risk Management

True data protection integrates cybersecurity, privacy, training and the human factor on one unified IRM platform for a holistic view to combat risk. Across today’s security landscape, organizations face constant threats. Multiplying exponentially, these risks carry the potential for Read more

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