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

ISSB issues global sustainability disclosure standards

The International Standards Setting Board released two major documents on sustainability in June – IFRS1 and IFRS2

IFRS1 set out the General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 sets out Climate-related Disclosures. Together the Read more

Only one in four organisations achieve extensive digital transformation

Over the past decade only one in four organisations said they had achieved extensive or complete digitalisation, according to a new study by the Association for Intelligent Information Management. A further 39 per cent said they had managed to Read more

UK’s local government audit “close to breaking point”

The system of local auditing in the UK is “close to breaking point”, the House of Commons Committee on Public Accounts (PAC) said. 

Local government bodies looking to publish their accounts for 2021-22 received only 12 per cent of Read more