Cyber threats top risk poll

Risk managers have voted cyber threats as the top danger their organisations face in the 2020 Allianz Risk Barometer. This year’s poll saw 39% of the 2,700 participants choosing cyber-risk as their biggest risk compared to only 6 Read more

Climate threats dominate World Economic Forum 2020 risk outlook

Climate threats dominate the World Economic Forum’s (WEF) long-term risk outlook in its Global risks report 2020 for the first time in its history. They also comprise three of the five most impactful threats to the planet (see long Read more

IRM’s global risk predictions for 2020

With global conflict, political and economic uncertainty, bushfires, storms and flooding in the headlines, IRM has surveyed some of its senior members across a range of sectors and geographies for their risk predictions for 2020. (Please note the Read more

Australia’s fires reignite climate debate

The bush fires that have ravaged Australia since September 2019 have reignited climate debate among the country’s politicians.

Long-known as a climate change sceptic, Australian Prime Minister Scott Morrison has apparently shifted his position on the country’s approach to Read more

Risk maturity lags behind developing threats

Regulatory risk and economic uncertainty have topped a poll conducted by the consultancy Protiviti as the top threats according to executives for 2020. Regulatory risk was seen as the biggest overall risk with 70% of respondents to the survey Read more

Risky algorithms

As algorithms become more sophisticated, the risk of spreading hidden bias in organisational decision-making is increasing, according to a recent paper contained in the Canadian Institute of Actuaries’ newsletter Enterprise risk management 2019: the new wave of risks.

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Using scenarios to quantify corporate risks

By Lee Coppack

Consumer spending comprises more than 50 per cent of gross domestic product in many developed countries. It is more than 65 per cent in the United Kingdom and United States. Good risk analysis by consumer goods Read more

IRM announces new chairman

Iain Wright, CMIRM, Chief Risk Officer, Europe, Great-West Lifeco Inc. has been announced as the incoming Chairman for the IRM. Iain has served as Deputy Chair since May 2018 and as Chair of the Audit & Risk Committee since Read more