Government’s Brexit freight risk miscalculation cost £33 million

The government agreed to pay out £33 million to Eurotunnel after miscalculating the risks associated with procuring addition ferry freight services in the run up to Brexit, according to a report by the accounting watchdog NAO.

In autumn Read more

Cyber Risk Management in the Digital Age: An event by the IRM’s Swiss Regional Group: 18th June, Zurich

Contributed by Martin Tang

We are delighted to announce that Kai Grunwitz will be the opening keynote speaker at our forthcoming Cyber Risk Management in the Digital Age event. He is a well-known cyber security leader and Read more

EC pilots AI ethics assessment

The European Commission (EC) has published ethical guidelines detailing the parameters for how businesses and other public organisations should use artificial intelligence (AI).

The document – Ethics guidelines for trustworthy AI – aims at helping organisations create AI that Read more

Businesses failing on employee disclosure

Britain’s biggest companies are failing to produce adequate data on their workforce practices, according to a comprehensive analysis of their reports and accounts by the High Pay Centre (HPC) – an independent think tank.

Its research found that there Read more

The changing face of payments fraud

Payments fraud is the top concern for professionals in the finance industry, according to a recent report by TD Bank. The issue has moved into first place – 44% of executives polled said it was their number one Read more

UK government plans online harm regulation

It has been a long time in coming, but the UK government has published extensive plans to tackle the problem of online harm.The government is to establish a new statutory duty of care, which it hopes will make “companies Read more

The Conflict Between Reputation Risk & Discrimination Risk

Some of the older members of the Institute may recall my time in corporate risk management culminating in five years as Director of Risk Management for the Metropolitan Police up to 2008 and my year as Chairman of AIRMIC Read more

New outsourcing governance for banks

The financial regulator the European Banking Authority (EBA) has set out a new governance framework for banks that outsource services, including those based in the cloud.

The new guidelines – Final report on EBA guidelines on outsourcing arrangementRead more