Operational Risk continues to be a topic of interest across industries. Uncertainties abound. Cyber risks are pervasive as ever and political change brings new complexities to compliance activities.

As organizations face continuing cycles of disruptions, operational management leaders are Read more

The governments of the UK and Hungary launched windfall taxes to tackle the rises in living costs because of soaring energy prices.

In the UK, chancellor Rishi Sunak announced a 25 per cent energy profit levy, which increased taxes Read more

The risk of food shortages increased from already high levels because of the conflict in Ukraine, said leading world agencies.

The number of severely food insecure people has doubled in two years – from 135 million pre-pandemic to 276 Read more

The Bank of England regulator said the financial sector must improve operational resilience in its first annual review of the topic since rules came into force last year.

In particular, David Bailey, executive director of deposit takers supervision at Read more

Ransomware attacks increased by 80 per cent over the last 12 months, according to a Sophos white paper. That means that ransomware attacks hit two out of three organisations in 2021. This demonstrates “that adversaries have become Read more

Businesses are attempting to shield customers from price hikes by absorbing costs where they can, according to government figures.

More than one third (36 per cent) of businesses absorbed costs because of recent price rises. But 29 per cent Read more

Earlier this year, storms Malik, Corrie, Dudley and Eunice, and the crisis in Ukraine demonstrated the weakness of the UK’s centralised energy supply. The UK’s infrastructure needs to be more environmentally sustainable to increase operational resilience to inevitable future Read more