Cyber risk tops threats to financial system

Cyber risk is the leading systemic risk for the financial sector, according to the most recent report by the Bank of England. And while only 38 per cent said a high-impact event was likely in the short term Read more

UK recession threat increases need for flexibility

It is increasingly likely that the UK economy could move into recession in the last quarter of 2023, according to analysts.

The UK’s private sector output dropped in September for the second month running, according to a well-tracked Read more

SME’s “overwhelmed” by daily grind for ESG preparations

Smaller businesses are too overwhelmed by coping with day-to-day business demands to focus on sustainability issues, the UK accountancy body ICAEW said

Research by the organisation showed that net zero, for instance, had “massively dropped down the priority Read more

Climate litigation on the rise

Climate-related litigation is becoming a major source of risk as cases against businesses continue to rise, according to Frank Elderson, a member of the executive board of the European Central Bank (ECB).

Speaking at the ECB’s legal conference in Read more

Whitepaper: Mitigating risk with SAI360’s GRC investment guide

In this GRC Investment Guide, SAI360 breakdown how a technological approach is no longer just a luxury but has become a necessity for organisations that have thrived in a rapidly evolving environment.

In this Guide they discuss:

Generative AI considered an emerging risk

Enterprise risk executives said that generative AI – such as ChatGPT and Google Bard – were a top concern, according to a recent survey by the analyst Gartner.

“Generative AI was the second most-frequently named risk in our Read more

New pandemic risk a reality

Another pandemic and disrupted energy supplies ranked as two of the most significant risks to the UK in the government’s 2023 National Risk Register. The document declassifies some risks for the first time.

The report said that there Read more

Boards get updated cyber toolkit

The UK’s National Cyber Security Centre (NCSC) has updated its toolkit for boards in an effort to improve help organisations embed cyber resilience and risk management throughout their organisations.

NCSC said that boards must view cyber security as a Read more